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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