While we all hope the first hole is a winner, we need to look at...

While we all hope the first hole is a winner, we need to look at the big picture and chance of success.

A quick look in the review mirror…..
12 EM conductors have been identified.
Priorities are;
E21 – 4 x Significant bedrock conductors
C1 – C4 Being drilled as we speak.

E28 – 3 x Bedrock conductors identified
C1 – To be drilled as part of current campaign.
1.2klm’s long.

E39 – Aeromagnetic survey – November 2014
E39 – Ground EM survey – Q1 – 2015
E39 – Aircore drilling – Q2 2015.

From E21 & E28 alone, we have 7 bedrock conductors and we only need 1 of these with the right results, to be a game changer.
The future beyond E21 & E28 also looks promising with E39 to come on board.
Also need to consider….
Cashed up for current program.
The right drilling contractor is on board, who owns shares.

I guess my point is, if C1 comes up unfavourable, don't despair, there are plenty more chances of success with SEG.
Interim results could come in any day now...........
GLA and of course DYOR.
(Source: SEG investor presso Oct14)