Wowee.
This has skyrocketed and seems to be a massive short-term/medium-term play. Its sp still has a long way to travel to test its historic highes (around 1.40) but its definetly moving in the right direction, fast.
With all the analysis, drilling and testing, announcements are sooner than later and given the track record from management deliverying promising news and the resource sector lifting itself off the canvas, its a safe bet that any good news is going to be really really good news!!
This play's long term potential is still 50/50 but fundamentally the next 12 months will be very attractive especially at this rate. Speculation is rife in the market and this is a pure speculative stock so bare in mind the high risk nature, but the return is just as attractive. If you're not as risk averse as some, I would like to see how you play this.
happy hunting.
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
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