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0.00% 3.5¢ strike resources limited

If its Peru mine any good, Vale would have bought it 10 yrs ago...

  1. lv2004
    425 Posts.
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    19/03/21
    15:01
    Post #: 51899042
    If its Peru mine any good, Vale would have bought it 10 yrs ago imo.

    if its Pilbara mine will produce 167m cash flow by capex of 16m, they would have done it between 2010 and 2013.

    because they couldnt, thats why its share price fell from 2 dollar to 10c quickly. At the time, Gallagher holding spent $100m in sand not iron ore.

    I m interesting to see if directors have the guts to exercise their 18.5c options lol.
    SRK Price at posting: 24.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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