SER 5.88% 1.6¢ strategic energy resources limited

Ann: Investor Presentation, page-39

  1. 186 Posts.
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    I also got in at 1.7c yesterday. The reality is, either there is a viable resource at SER's Achilles or there isn't and they either find it or they don't. If there is and they find it you'll make plenty even at 2c entry. In theory the resource could be 3 x bigger than AGCs. SER Market cap still well below where AGCs was on discovery holes so we're still cheap.
    If SER don't make any discoveries this year then will prob all cash out at 50% loss. Your entry price won't make much difference there.
 
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