http://www.bloomberg.com/news/2010-10-12/straits-resources-says-it-received-approaches-for-indonesian-coal-assets.html
SRL focusing on core base metals business is a very good thing.
If Goldminco, Torrens (especially) and other copper JV hits the jackpot, SRL need the extra cash to construct the mines.
Copper has always be the king of base metals when the global goes into a schnronized up-turn.
I definitely won't rule out SRL hitting the $8 mark again.
SRL earning 70% of Torrens would catapault the SP into the stratoshpere if it proves to be anything like Prominent Hill or Olympic Dam !
straits going places
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Last
42.5¢ |
Change
-0.050(10.5%) |
Mkt cap ! $41.50M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 40.5¢ | $24.82K | 56.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 305 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 1500 | 1 |
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| Last trade - 15.41pm 23/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |