SER 0.00% 1.6¢ strategic energy resources limited

Ann: Investor Presentation, page-19

  1. 182 Posts.
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    At 1.8c we currently have a market cap of $9.23M. Add the 181,818,190 cap raise shares (which will be shortly also valued at 1.8c +/- when the placement completes) - that gives SER a market cap of about $12.5M.

    I think 1.8c is still cheap as chips given the drilling planned this year. Yes, there is no guaranteed discovery but it's not hard to see a Disallowed from here on any decent hits. Huge upside potential on this one.
 
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