looking for cashed up small caps..., page-21

  1. 3,918 Posts.
    SBN roflmao - you're jokin aren't ya???

    Check out SRK - Has $73mil in the Bank with a MC of $74mil. They have a world class IO project in Peru which Xstrata offerred US$650mil earlier this year but we rejected. This would of amounted approx US$450mil for their stake in the project. They have Berau Coal Project and East Paulsens IO Project ready to be mined which will provide another $100mil free cashflow.

    I can't see a better placed and valued junior on the ASX at the moment.
 
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