SRK strike resources limited

agm

  1. 230 Posts.
    hey people. looks like myself and (my new buddy) "redember" were the only H.Coppers there. was an intimate affair with about 20 or so. prob 5 brokers.
    missed the first part because in wacky reverse-SST it started 15 min early!

    apart from a couple of ol diggers who proclaimed "you guys need to speed things up!" the room was very positive and imo looking waaaay past the current legal blip.

    first up i have to state nothing earth shattering was said and i dare say this post wont excite.

    many questions were asked that would have been easily answered by most of us thru joining dots

    but here's the bullet points:

    paulsens east will go ahead early next year - was reiterated as an important early capital raiser to drive the major peru project.

    the 2mt pa lump ore in cuzco will be decided upon internally in about two months as to its time feasibility. 'the ore is there' but they'll need to make sure rail provider is up to scratch as its currently only suited to light loads and rotund german tourists

    they are VERY confident on the legal issue. no timeframe, they did state it could wrap up very quickly if dealt out of court.

    early july for both the pfs and jorc upgrade - "you'll know when we know"

    they mentioned that there is increasing amount of interested parties in srk (with one still in the lead of the pack) and drew to the pfs+jorc and recent ore price rise as a big plus in this area. they intimated this was very much an ongoing and slowly evolving issue. no comment on part-investment or raising.

    on the question of why we're comfortably financial and we aren't drilling double time was answered with rig availability


    thats all i remember for now, had a few beers after!


 
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