Potential is also my assessment along with many others as you have stated. As Sharebroker1 has implied, history can be another consideration you take into investing but it has to be taken into context of the individual shareholder's decision to invest & the current situation. It will also be the history of the AGC discovery hole that has created interest in the nearby tenements. From my perspective, SER have created enough evidence to justify the targets (fault line, previous drill hole mineralisation, failure to reach basement from last explorer in one drill hole, justified surveys & various priority targets throughout the tenement). Yes, nearology has played a part but it is only one comforting sign. As an investor who likes prospectivity, I can live with a good or bad drill result (as long as there is good science to the method).
On the flip side of Achilles 1 & this under $20M cap investment, there are many potential catalyst's to possibly increase this share price - JV's with FMG, love the Mundi exploration prospect, the Ionic angle, Isa North, Ambergate possibility & the various other prospective targets. Various large players still on board investing gives a positive angle with this technically aproached team. Been in this for the last 3 or so years & happy with where this currently at (especially with some of my other investment decisions LOL). Been very patient & accumulating whist at various lows. Some investors can be seeing opportunity & others can have issues with SER's history. Will let the drilling do the talking. Good to see some excitement finally. All IMO of course !
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1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $8.052M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $51.14K | 4.595M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1882400 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 2990001 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1882400 | 0.010 |
19 | 5157920 | 0.009 |
22 | 3300494 | 0.008 |
16 | 3126672 | 0.007 |
5 | 2713341 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 2990001 | 5 |
0.013 | 927866 | 3 |
0.014 | 200000 | 2 |
0.015 | 695000 | 3 |
0.016 | 345000 | 2 |
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