This is a good business with bad mgmt , they have no money and sre owns 63% of mzi , sre directors also include mk and son , bad managers who erode sholders wealth and i have been burnt 3 times too many with mon( now swa ) rcp and sre etc they throw away sholders money and stack there board up with many directors and give them heaps of options etc etc hence i will only invest in the co if they remove the board.
good luck and buyer beware
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- costs $450/t sells at $1000/t mines 80kt /year
This is a good business with bad mgmt , they have no money and...
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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