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5.88% 3.2¢ strike resources limited

Ann: Maiden 68,000 Tonne Shipment of Paulsens East Lump Iron Ore, page-19

  1. Sunrayta
    4,275 Posts.
    lightbulb Created with Sketch. 969
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    02/08/22
    08:26
    Post #: 62868178
    It will be profitable if it can get to 2.2mtpa with Ashburton approvals. Even at $90pt = $200m in revenues. And an improved IO price.

    Get some cash in bank to further increase reserves from surrounding tenements. Drill it up.

    Will be good once they have had a few shipments to see how the financials look after that.

    30m MC and only 270m shares on issue a lot to like if they get it right. Plus LEL in the pocket and Peru.
    SRK Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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