for all those wanting a good read up on copper strike, have a read of business days page 10 today in the trading room section. Good write up talking about the imminent action taking place at the board of Copper Strike - Actually a little surprised a little more action wasnt present in trading today with the article published-
Points :
- Reiterated how Copper Strike's independent expert, RSM Bird Cameron, came up with a value range from 26c to 45c, settling on 35c a share
-The same 35c a share value is still assumed even after a deal struck with two Chinese companies a few weeks back paying $6 million for a 20% stake to fund a fesibility study on its Einasleigh copper project
-Eadie confirms a capital return to shareholders in the region of $10 million (about 9c a share) once the Kagara deal is done and already has his eye on an acquisition of $10 million to give Copper Strike a future
Interesting time ahead -
Add to My Watchlist
What is My Watchlist?