SER 10.5% 2.1¢ strategic energy resources limited

Ann: Option Agreement to sell Cowal Projects to EVN, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 583 Posts.
    lightbulb Created with Sketch. 97
    SER is a project generator, so securing and selling tenement is what they do. Personally I think the deal could've been structured better by having some sort of embedded royalty, but $2.3m total consideration for a $5m market cap company isn't too bad.
 
watchlist Created with Sketch. Add SER (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.