SER quarterly, page-4

Just in case some SHs missed the Australian newspaper article: Good reading

Chesters then went on to put the ASX-listed players to the test on six key factors considered important as to whether or not the companies are worth considering.
Of the 12 put to the test, there were three that scored highly on the key factors test — Syrah, Valence Industries (VXL, recommissioning the Uley mine in South Australia) and Kibaran Resources (KNL, scoping study stage at the Epanko project in Tanzania).
Chesters notes that the ranking of early stage explorers in the list may be detrimentally impacted by some of the quantitative assessments they have been subjected to. But that goes with the patch, and it’s now up to them to convert their early promise in to something tangible.
Strategic Energy (SER) was not covered in the report but it might as well have been. It has got one foot in the graphite space courtesy of its 14 per cent shareholding in Valence which it spun off. It also has a royalty on production from Uley.
Strategic’s stake in Valence is worth $11.2m or close to 60 per cent of Strategic’s $19.5m market cap, without giving any value to the royalty. Strategic has its other foot in the graphene space courtesy of its cooperation agreement with a bunch of PhD-types at Monash University who are at the cutting edge of research into finding applications for the new graphite-based wonder material