Breakout at .04 has begun, page-48

Certainly plenty of action recently with SEG pre and post quality announcements.

Existing shareholders had a few questions on other threads and I required some clarifications. Let me share briefly.

I rang Steven Michael late yesterday.

Topic 1.
R&D Rebate

I asked when the $ 350,000 rebate would be received and which government department it was coming from.

Ans 1. It is actually a R&D Tax rebate after applying for and subsequently lodging SEG's 2015 Tax Return. So it is from the ATO, and not a WA government agency.

Please note that SEG has actually received this rebate. That's a lot of CASH!

Topic 2.
Gascoyne Lithium JV with Mortimer Hills

As per the 19th April announcement Segue has commenced fieldwork at the Mortimer Hills JV.
We can expect some results from this field work in the next 4 weeks.

Steve was pretty excited about our lithium activities.


So, there is plenty happening and more news to come.

All the best to shareholders

Gracie