SEI 0.00% 2.9¢ speciality metals international limited

Ann: Financing Arrangements - Mt Carbine Quarry & Mining Leases, page-113

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  1. 899 Posts.
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    Good to see a higher share price,it will help with a higher Cap Raising price which must be soon .Sei management try to lift the share price on speculation on what might happen, never facts and signed deals.Last time this happened I got out at when the price hit 4 cent on the Lithium talk no facts, I just got lucky. What is happening to the Lithium project SEI's maim focus, the first Lithium lease runs out this year.It needs millions more dollar's spent or they will lose it.The tailing's project is a waste of time and money the grades are way too low even to break even.The hard rock is where they need to focus and the better grades of tungsten are outside the quarry area.The Iron Duke has the best grades but permits are only being prepared for this area,still at least 3 years away.Only short term traders will make any money here trading on the dips. At least 20 million needed here to be raised for a viable project.Buying SEI is like going to the casino and taking a punt,not a stock for serious investors.Just giving you a balanced view from all the hype being written here.Remember SEI employ 1 full time office worker they don't have any experience in operating a mine and producing anything for a profit.CHEERS
 
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