SRK 3.33% 3.1¢ strike resources limited

mini fortescue, page-9

  1. 193 Posts.
    lol FMG has 4 BILLION tonnes of resource and you reckon SRK with 650Mt is equivalent.

    Its funy how a lot of junior iron ore companies are trying to call themselves (or at least their share holders) the next FMG.

    SRK is good but there are things to consider:
    * They only have 68% share of the project
    * The JORC. If they can prove 650Mt in total, then that's great but 175Mt at the moment will just cover the capital expenditure.
    * Their ore is not DSO whereas FMG is DSO
 
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