SRQ straits resources limited.
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aditya birla - similar situation in 2008

  1. Matt747
    10,494 Posts.
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    02/08/12
    13:42
    Post #: 10518384
    The sp has no meaning at the moment just as when FMG was shorted from $11 to just above $1.

    But ABY is the closest example I can think of. The sp fell 90 +% or so.

    They mothballed a mine or 2 to conserve cash.

    Perhaps SRQ should put Mt Muro on care and maintenane while working out the sale and divestment startegy.
    SRQ Price at posting: 8.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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