AMD 0.00% 0.3¢ arrow minerals ltd

Received a reply to my email to Steven Michael sent a few days...

  1. 2,306 Posts.
    Received a reply to my email to Steven Michael sent a few days ago

    ... recived a reply just after today's release.... ( no leaks here )

    Cannot but help feeling somewhat pumped on the progress and the prospects of a LARGE find happening here with SEG...

    the email...

    "XXXXXXX ,

    Please find attached an announcement just released by Segue on the exploration programme at Plumridge.  

    Yes, we have commenced aircore drilling.  

    However, more importantly, we have identified a major EM conductor which has very similar properties to Nova-Bollinger and will be drill tested as soon as possible.

    Regards,
    Steven.

    Steven Michael
    Managing Director

    Unit 1, 124 Stirling Highway
    North Fremantle   WA  6159 "

    mmmmm. .......

    I always love some ' back of the beer coaster maths' on what may  equates to a potential SEG price ...
    ( excluding any further dilution if it occurred )

    Nova Bollinger .... >> Sirius (SIR ) market cap today is approx $1.06 billion ( $1,060,000,000 )

    SEG market cap today is ....  $19.73 million ( $19,730,000)

    SIR is approx. 53 x the market cap of SEG

    53x todays share price of $0.016 = ($0.84 )

    ... do the math on your shareholdings ...

    ... this is if the finds of SEG are the 'same size ' of SIR's discoveries ...

    .. it has been suggested that SEG potential discovery may be 5 x the size..

    .. not a bad spec buy if you ask me ....
 
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