It could be that partner Kingston Minerals is a bit short on cash (last report $750k). They may be holding back on further drilling at this stage as they pursue their own (100%) projects. As major shareholders are common to SER and KSN there could be a reluctance to re-negotiate the partnership split??
They are also waiting on some work being undertaken by the SA gov.
I still think there is a very nice elephant to be found.
Bring on the drilling please
fc
It could be that partner Kingston Minerals is a bit short on...
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1.7¢ |
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Mkt cap ! $11.40M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 300000 | 1 |
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