$1.8 million shell with an iron project that no one's interested in funding
first time mentioned in latest quarterly
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Major holders:
Ashwarth Mehra - CEO Marc Rich trading (15.4%)
Carol Jenkins Barnett - Forbe's #1324 richest with net worth of $1.69 billion (9.8%)
Mick McMullen - Exec Chairman (8.2%)
Cash very dry - but shares on issue only ~70 million
Great opportunity for new placement in 2016 to raise capital for a new strategic direction
With both AM & CJB owning a total of 25% of this company, this one has every chance to be the stock of 2016.
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$1.8 million shell with an iron project that no one's interested...
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
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David DeTata
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