SER 11.1% 1.0¢ strategic energy resources limited

drilling at myall creek, page-31

  1. 19,587 Posts.
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    Great info, many thnx.

    Was waiting for another break up in the SP but after doing a little research on Focus I bought again today.

    Focus seems to be a very similar story to SER, proven resource
    (8m tonne and open), high quality and previously mined but they are 36 months and $60m away from any production. Another Lynas/Moly situation perhaps.

    SP has run from 0.37 early Jan to around 0.50 mid month.

    As mentioned the SP has jumped 0.55 to 0.73 then 0.75 to 1.14 over the last few days.

    While they have a very early RE play you would have to think that most of the SP action is based on their graphite resource following on from the presentation.

    A couple of strong annoucements from SER in the coming weeks could really focus some serious attention.




 
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