Firstly, the stock is trading at discount to Sep Qtr cash position.
Secondly, whilst the company hasn't done much to date, the main thing is that they have not been "burning" shareholders money.
Most importantly, the company has just raised a "whopping" $13,000.00 - $14,000.00 through the option entitlement.
WHY?
One can only surmise that something is "in the wind" and perhaps it is an attempt to reward loyal shareholders and or directors.
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Firstly, the stock is trading at discount to Sep Qtr cash...
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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