Australia's largest stock trading and investment forum Australia's #1 stock forum

SEI

Click for more information

0.00%

2.9¢ speciality metals international limited

I'm willing to take the chance a deal with Cronimet hasn't just...

First 18 Last

Share
Profile

Follow
Wooshka

81 Posts.

6

24/12/18

11:21

Post #: 36950776
Share

Originally posted by vcr999: ↑

So they were using the $670,000 Quarry deposit to stay afloat,now they are saying the non refundable $130,000 it the new deposit.$8,000,000 still owing.That means they lost the $130,000 or did the quarry price go up to $8,130,000. Still haven't got finance for the Quarry with no money in the bank and a Capital raising coming.With the Lithium and Gold projects still needing funding and a crashing tungsten price I can see this Company is in huge trouble.They have too many projects on the go with no money and an unskilled management team lacking the skills to bring any project in to production.Very glad I sold out, more questions than answers with this announcement. CHEERS

Expand

I'm willing to take the chance a deal with Cronimet hasn't just been announced only to let SEI fall over.

The deal with Cronimet saves SEI, or at least buys it time to strengthen.

SEI Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 172 more messages in this thread...

First 18 Last

Add SEI (ASX) to my watchlist