Philbar - You asked the question in Melbourne... “what price would you put SEG at if there was a ' Bollinger type discovery made at E21 ?”
Steven Michael replied - Segue with a current $25 million market cap ... upon discovery ..." 50 c " a share ... ( $0.50 for the more accountant types of readers ) .......
So my question is this :–
If we hit Nickel Sulphides on SEG’s first drill into C1 at E21 and we have a - Bollinger type flat plate “discovery” - and the share price does go up to $0.50……..
Where does the SP go from there onwards - as we drill C2, C3, C4 on E21 and C1 on the E28 target ??....
Plus announcing all the other EM and Aeromagnetic results !!.....
Does the SP reside at $0.50, retrace, or go further on up the scale ?
Thanks - Oilf.
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