SER 9.52% 2.3¢ strategic energy resources limited

Ann: SER Raises Additional $0.5M for upcoming drilling programs, page-9

  1. 583 Posts.
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    Yeh, the ground and historical data looks promising. They were ready to drill with just $0.8m raised from the first placement on June 4th, so I guess now they have an even better drilling program given the new capital injection. The last drill hole looked very promising, so hopefully, they will intersect more mineralization in this program. At the end of the day, it's an exploration company, hence share price performance is based on its drill results. In terms of making Saxby a commercial mining asset, it will take many years to develop; I would say SER has a better chance of being taken over by a major than bringing the project to commercial.

    Good luck to all holders, will keep watching this one closely.
 
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