SER 11.1% 1.0¢ strategic energy resources limited

Kingston Resources rights offer

  1. 1,274 Posts.
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    Dissapointing today to see Kingston Resources is raising funds fro a range of projects but no mention of Myall Creek or Cultana in that mix. Looks like they have walked away from the Spencer JV so I wonder where that leaves SER in that space. It would be good to hear from SER about what they plan to do about the JV, where it is at and the overall implications of Kingston not playing ball anymore in the JV. Given there are a lot of cross interests on the board and significant holdings in Kingston by SER management it is pretty important that they share their thoughts on all of this with the other shareholders rather than keeping it in-house.
 
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