SEI have other tenders in for the supply of crushed material, Also hold onto some decent gold prospects in NSW---please reopen the border !
IMO we have the right team in place to package those Peel tenements into an IPO.
I'd be happy if SEI gave existing shareholders 1 new share for every 50 held and IPO the rest at say 50m shares @ 20c for a market cap of the new listed entity of circa $15m including $10m in cash from the IPO ???
Thoughts anyone, as I don't believe any value is on the books for the gold assets .
SEI Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
