Interesting - it's clear that they will need additional funding as they move towards developing the Cameron resource.
For those of you who are concerned don't be - they'll have to bring something new to the table before they get any new shareholders and that will be the PFS.
When they prove the viability of the operation thats when they will look for funds and I strongly believe that the SP will recover signficantly as investors will be much more confident about the operations.
Take a look at LYC today - nice SP movement due to the de-risking associated with the Malaysian government approval. The same will happen for us!!
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Interesting - it's clear that they will need additional funding...
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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