Junior , I also liked the preso, with some caveats.
Yes I Iike the mineral sand permits, Ambergate in particular.
Caveat, the apple doesn't fall far from the tree in relation to getting others to pay for drilling.( certainly in QLD and almost probably in WA as well.
Ambergate needs to be monetised yesterday IMHO.
While theres nothing wrong with a getting a free leg up with state government subsidised drilling , SHr's shouldn't expect it, while their either paying the boards salaries, or having to vote more shares to the directors, while they milk the system.
I suggest the current SER board obtain the local Indigenous communities approval for mining Ambergate as a priority, before more SER money is spent on the permit area.
I would be quite happy for SER to raise some more shares for the local indigenous community to expedite matters as part of a contract.
The Ionic numbers are mind blowing, given the respective target markets, if nothing else this should induce the local tribe to agree to a deal on Ambergate.
" A bird in the hand "
Raider
SER Price at posting:
0.6¢ Sentiment: None Disclosure: Held
