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9.09%

2.0¢ strategic energy resources limited

Firstly Beenup isn't JORCed ,so caution must be applied.However,...

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raiderup

17,248 Posts.

52

16/12/18

20:05

Post #: 36875503
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Originally posted by raiderup: ↑

Well troy mate, $ 20 million IGV for the JORC in relation to Jardunup Sth mineral sands deposit , with most importantly waiting buyers ( no processing costs involved it would appear ) , the Saxby farmout , one would think a minimum 50 percent farmout , the ionic IPO, and with our IOCG permits in Sth Australia which have most recently been increased.
( while I don't believe in conspiracy theories , I am still somewhat perplexed why we haven't seen the St. Barbara's drill options in the permit we took up from them. ( even from their own files, which just somehow stop some two years ago )

Of course the big sleeper Beenup mineral sands, never JORCed.

I will leave a SP SER value to others to nominate, though IMO, the current share price is way off SER's near term potential value.

Raider

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Firstly Beenup isn't JORCed ,so caution must be applied.

However, should the eventual JORC substantiate BHP's Beenup " forecast " of 500 ,000 tonnes of predominantly Eliminate , which then needs two tones of Eliminate to make one tonne of synthetic rutile, equals a motsza IMO.

Should one look at SER's IOCG peers alone ( ivr ) as but one example , its this posters opinion that SER is way undervalued.

Raider

SER Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.0¢		Change -0.002(9.09%)		Mkt cap ! $14.71M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.0¢	$50.90K	2.428M

Buyers (Bids)

No.	Vol.	Price($)
5	863907	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	1146521	4

View Market Depth

No.	Vol.	Price($)
20	12478465	0.005
10	10381000	0.004
6	8217667	0.003
3	6641395	0.002
2	3776054	0.001

Price($)	Vol.	No.
0.006	1103140	4
0.007	3870462	8
0.008	4200000	5
0.009	6047223	6
0.010	4236000	3

Last trade - 16.10pm 27/09/2024 (20 minute delay)

SER (ASX) Chart

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