significant new mineral exploration project

Just released last week.
MINERAL EXPLORATION OPPORTUNITIES
During the quarter, SER evaluated a number of additional opportunities in mineral exploration. SER has also internally generated a significant new mineral exploration project which we intend to announce next quarter.

SER are in the battery sector with Graphite and Graphene technology, along with a very good Heavy Mineral Sands project in W.A where SER recently defined a significant increase to the JORC 2012 Inferred Mineral Resource at Ambergate for an updated total of 11.2Mt grading 5.1% Heavy Minerals for a total Heavy Mineral content of 569,000t.
They also hold two highly prospective Gold Copper projects, the Myall Creek Copper Gold project in South Australia, being the most prospective and interesting, which i will do a separate post on shortly.

Given the heads up by the company that they are about to announce a significant new mineral exploration project, which i believe will be in the battery sector (Lithium Cobalt Vanadium) to compliment their already exposure to this sector, it is of my opinion that we saw strong buying on Friday and i expect this strong buying to continue throughout the coming weeks as SER finds a more respectable level as currently they have a EV of under $2Mi with $1.7Mi cash, Debt Nil, and a tiny 300K quarter spend. Director Graeme Kirke bought plenty on market in the last 6 months.
drifta