SER 9.09% 2.0¢ strategic energy resources limited

Ann: Trading Halt, page-40

  1. 2,784 Posts.
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    I was just thinking as it's an RC program for Achilles 1 it won't be that expensive vs a diamond program and they previously did a placement for $875k as someone posted above which was supposed to be used towards drilling Achilles 1 last year. $1m would therefore be enough based on the last round of funding.

    Raising more than $1m would therefore appear to me as a bit of a money grab on unexpected circumstances vs actual conviction in the target.
    Last edited by Rozting: 22/05/24
 
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