Ann: HeliTEM Survey Completed , page-13

Hi Pixby, whilst I have a positive outlook for SER, the same cannot be said for present situation re Uley and Cultana. it is taking to long IMO but there is nothing that I can do about it this side of the AGM.

hopefully July will see a change for the better - must be though the unmarketable shares by now and I do wonder if company is trying to clear them all by end of June.

My investment in SER is all after tax profit which equates to having time on ones side and not having to make any rash decisions re impending end of financial year - July can't come soon enough.

SER have a track record with other companies paying for Uley participation, only to not follow through and thus lose their investment. I do wonder if SER will string out a deal re Uley until after the Mega 12 months is up - that way it removes any possible consideration to Mega and inturn improves the price we get for it - in the end being another instance of other companies putting money in to only lose it.

anyway, time is on my side so just have to wait
ps, would like to buy more SER but no spare cash - yet]