SER 11.1% 1.0¢ strategic energy resources limited

Ann: December 2018 Quarterly Activities & Cashflow Reports, page-12

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  1. 15,535 Posts.
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    Totally agree John, SER been a huge disappointment for most, particularly Uley spin out which I & many others punted, abject disaster frankly. Lesson there, irrespective of the quality of resource you are always investing in the quality of Mgt, no idea where SER dredged up the losers they gifted Uley.

    Spilt milk, totally new mgt team under Stuart Rechner who's quietly sorted the legacy assets and added, while Simon Savage has done an excellent job leading Ionic out of the lab to the very cusp of commercialisation with strong chance of IPO early H2.

    For a $5M microcap it holds an extraordinary bunch of assets IMO, probably should be renamed Strategic Diverse Resources, with a good chance at least a couple will deliver nearterm.

    Added a few immediate AGM, something I thought I'd never do.
 
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