SER 5.56% 1.7¢ strategic energy resources limited

Fortescue big enough? They have to spend $8M on drilling so a...

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    Fortescue big enough? They have to spend $8M on drilling so a lot of their funding comes from them for Canobie.

    The NSW government providing funding towards Mundi and QLD government said they're going to give grants to companies in the Isa region. No word on that yet I don't think.

    SER's Isa North tenements are sandwiched between, Fortescue, Rio Tinto, Anglo American and some other player I forget the name of.

    All 3 projects will probably have drills spinning next year. They've only just started drilling one of the projects and news is due any day now really as they send end of month through December.

    Early days yet but with a lot of new projects just starting, being a Greenfields Explorer, 2024 could see some significant movement to the upside. It's still somewhere around $7M atm. Greenfields explorers have a habit of running hard if they strike something.

    Let's see what they pull out of the ground.
 
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