SER 0.00% 1.8¢ strategic energy resources limited

Ann: Gravity survey underway at Canobie, page-17

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  1. 249 Posts.
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    Thanks for sharing. I hadn't done a lot of research on the Fortescue JV at Canobie and didn't realise it's an IOCG project with targets 800-1200m. There must be some serious upside potential for Fortescue to invest in drill holes at that depth.

    The podcast was from October 2023 and it seems that Canobie has progressed very slowly since then (they had already started drilling back then, ie. 8 months ago). I guess it's a big tenement with deep targets so not going to be quick. Will keep holding and see whether anything comes off with Achilles first and consider from there.
 
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