If, ya wanna give me a history lesson, try harder.
The SP ,tells the story.
As I previously opined, at least they learnt from the Myall creek debacle farmin ( 5 years),till drilling.
Which ,surprise surprise, is in Elephant country for an Olympic dam style mine.Near Prominent Hill, SER has a prominent asset
An August report from the Geological Survey of South Australia (GSSA) provides an interesting perspective on Myall Creek.
The GSSA published Roopena Basin: Sedimentary basin formation associated with Mesoproterozoic mineralising event in the Gawler Craton notes that both Olympic Dam and Prominent Hill are spatially associated with sedimentary rocks deposited synchronous with volcanism. This suggests an active sedimentary basin may be significant in the formation of IOCG mineralisation.
In the year ending December 2017, Prominent Hill produced 112,000 tonnes of copper and 126,700 ounces of gold.
Not only is this area renowned for hosting huge deposits, another feature is the low cost of production.
Raider
Now about revisiting my investment strategy?
If, ya wanna give me a history lesson, try harder.The SP ,tells...
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Mkt cap ! $6.710M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 24 | 4558908 | 0.9¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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| Last trade - 14.20pm 15/11/2024 (20 minute delay) ? |
| SER (ASX) Chart |