SEI 0.00% 2.9¢ speciality metals international limited

I think the only negative with this operation is the fact they...

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  1. 242 Posts.
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    I think the only negative with this operation is the fact they have no time limit to settle on the purchase of MtCarbine.
    All the other operations can sit and wait as well , they are not a huge burden on us now .
    Hopefully they will not have to come back to Share holders for a fund raiser to purely keep the show going.
    If funding does come then I doubt is will take 2 years.
    My understanding is they can start processing the tailings and dewater the underground mine.
    Also all plant and equipment is in good order and well maintained.
    The Companies attitude to not causing dilution sounds good but can work against us in the future if external financing groups want shares instead of cash. This then ends up in external dilution.
    I have seen other companies dilute before with a very positive outcome if done properly.
 
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Currently unlisted public company.

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