SRK
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5.71% 3.7¢ strike resources limited

FEX vs SRK, page-5

  1. Tench
    1,050 Posts.
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    09/11/20
    15:35
    Post #: 48741172
    Also need to use comparable values, the IO/C1 values quoted for FEX are AUD. The SRK ones are USD.

    You will find that FEX have been very conservative with their FS NPV(USD $78/t IO price), whereas SRK more 'optimistic' using USD $100/t over the life of the project. They need to do this as their forecast C1 costs are USD$65/t.

    Both can make good money if the conditions stay favourable.

    Disc - hold FX, but have held SRK previously.
    SRK Price at posting: 9.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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