SER 23.8% 2.6¢ strategic energy resources limited

Ann: Drilling commences at Achilles, page-29

  1. 232 Posts.
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    I'm one of the AGC punters whose attention was grabbed by the nearology play with SER. Bought 1M shares at 1.7c so happy enough so far. Having now done further reading it does look like SER has a good set of projects so I'm more than happy to see any of them fly.

    There was an earlier comment about SER heading to 20c - I feel that's a bit ambitious at this point (would put our market cap at $133M) but certainly not impossible if we make a substantial discovery and build out the story over time. If there is the same sort of mineralisation at Achilles 1 as at AGC's Achilles 3 AND it does turn out to be three times the size as has been indicated, then we have every chance of getting to those sorts of lofty numbers and beyond.

    It's all going to take some time, so let's let the team make a discovery at Achilles 3 first and build up from there. GLTAH.
 
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