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6.67% 1.6¢ strategic energy resources limited

Ann: FMG Farm-In to Myall Creek Copper-Gold Project, page-7

  1. setfire2thehive
    3,915 Posts.
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    14/06/19
    11:44
    Post #: 39058948
    TASMAN.JPG

    Compare that to the Tasman deal. MC around 14M
    1M minimum expenditure to be able to withdraw
    4M expenditure to earn 51% interest
    further 7M expenditure to earn 80% interest.

    So a total of 11M to earn the 80%. That's significant cashflow for development.

    *Disclosure do not hold Tasman
    *Sentiment changed to sell to reflect actions today.
    SER Price at posting: 0.7¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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