This slide is incredible & explains why it's being bid up (note it's only currently 7m cap)
AGC's discovery at Achilles 3 earlier this month has re-rated that to currently be worth 110m
"Achilles 1 lies 8km south along the same structure that appears to be controlling the mineralization at Achilles 3"
- The SER prospect 'appears' to be the controlling structure of that discovery, that's huge
"Achilles 1 has a near identical polymetallic soil geochemistry anomaly to that identified at Achilles 3, except it is approx 3x larger in area"
- The SER prospect looks the same (bullish & probably expected given the dot point above re: appearing to be the controlling mineralisation to Achilles 3". BUT it is 3x in size !!
- So SER could make a discovery 3x the size of AGC (which is currently worth 110m v SER 7m)
"SER has designed a RC drill program to test Achilles 1 with land access agreement in place, first drill pads already cleared"
- They're about to drill & the company isn't exactly mucking around with timeframes given the drill pads are cleared already.
Put all this together & we might be in store for a monster re-rate in to the drill on this one!
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