SER 10.5% 2.1¢ strategic energy resources limited

[ATTACH] Compare that to the Tasman deal. MC around 14M 1M...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,947 Posts.
    lightbulb Created with Sketch. 12579
    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.
 
watchlist Created with Sketch. Add SER (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.