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Strike pays $19m for iron, coal projects

Strike Resources Ltd is banking on the high iron ore and coal prices to feed the development of its flagship Peru project as it signs a $19 million scrip deal to reacquire two projects from Perth-based Orion Equities Ltd.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
348thEmmerson Resources-14%13%
412thStrike Resources-25%-1%
518thMagnetic Resources-39%4%
569thNeometals-46%36%
711thMetalicity-64%6%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

14/06/13
$8k Bought
16/04/13
$9k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

149th↑Strike Resources$570k
152nd↓Neometals$544k
153rd↑Magnetic Resources$538k
155th↑Metalicity$518k
156th↓Emmerson Resources$513k
513 listed resources companies ranked by revenue.
Source: Morningstar

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