SER 6.67% 1.6¢ strategic energy resources limited

musings, page-11

  1. 287 Posts.
    beauson45 this 21 January 2009 SER announcement seems to be the last word on Mikkira Graphite Pty Ltd:

    'In November 2006, Strategic Energy Resources Limited entered into an agreement with
    Mikkira Graphite Pty Ltd regarding the Uley Graphite Project in South Australia. Mikkira
    had an option to acquire 75% of the project assets and tenements in exchange for payments to
    Strategic, commitments for certain types of expenditures for development of the project at
    Port Lincoln in South Australia, and certain other obligations.
    In December 2008, Mikkira gave notice to Strategic that it purported to exercise the option
    and move to acquire 75% of the project, envisaging only the payment of $290,000 to
    Strategic.
    The new Board of Strategic has made formal enquires of Mikkira regarding expenditures on
    the project at Port Lincoln in South Australia. Strategic has not received the responses
    necessary to show that Mikkira has met its obligations. Accordingly Strategic has given
    Mikkira formal notice of termination of the agreement. Informally Mikkira has indicated it
    disputes this action.
    Strategic now believes that it is free to deal with the Uley Graphite mine as it now determines,
    and is now unfettered and able to assess the alternatives for development of the project in
    South Australia, so that Strategic shareholders and all stakeholders can fully benefit...." http://www.strategicenergy.com.au/files/resourcesmodule/@random4897dfa7c2bec/1234225396_21.1.2009_Uley_Graphite_Project.pdf

    Mikkira was Gazetted by ASIC A039/10 on 4 May 2010 as a company deregistration. http://www.asic.gov.au/asic/pdflib.nsf/LookupByFileName/A039_10.pdf/$file/A039_10.pdf
 
watchlist Created with Sketch. Add SER (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $9.567M
Open High Low Value Volume
1.6¢ 1.8¢ 1.6¢ $64.38K 3.837M

Buyers (Bids)

No. Vol. Price($)
2 303480 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 813703 4
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.