I hope they eventually deliver because quarter after quarter they just burn cash. The ASX doesn't categorise them as a producer and neither does the market.
They still do not generate enough cash flow.
I hope someone just takes them over and properly exploits the assets.
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- Ann: Quarterly Report June 2009
Ann: Quarterly Report June 2009 , page-4
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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