SER 6.67% 1.6¢ strategic energy resources limited

Ann: Option Agreement to sell Cowal Projects to EVN, page-6

  1. 590 Posts.
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    Seals - It seems to me that generally explorers and mine developers are "struggling to raise cash in this market". It's a reality and for SER to build speculative appeal they need to drill and if the $300k helps advance that, then I'm pleased. It looks like opportunist timing by EVN. SER are in a tight spot but I'm banking on them being able to stick to there latest plan and drill Achilles 1 in Dec/Jan and Isa North in Mar/Apr.
 
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