SEI 0.00% 2.9¢ speciality metals international limited

On 20 - 21/12/17 VCR999 wrote: "Hi JamesExpat2 That is why...

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  1. 227 Posts.
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    On 20 - 21/12/17 VCR999 wrote:

    "Hi JamesExpat2 That is why owning the Quarry is important it is a cash flow business and we will only be selling the waist from our other activities at Mt Carbine.In the long time it is a win win for all share holders finance will be easier to get.Our new Director Stephen Layton is an expert at raising money and was involved in our last capital raising. CHEERS

    As we have had 2 years discussing the lease on hotcopper and it has had a huge downward affect on our share price lets just be thankful Russell was some how able to get a deal done.It looked impossible as we did not have much to offer for the Quarry.We have been told both parties have agreed to have the Contract of Sale executed by mid March 2018.We should all be happy with this, as not owning the Quarry made it impossible to deal with any banks for finance as we did not own the land. Russell did take our Lawyer with him to Nth Queensland to get the deal done.I think all the posters negative and positive helped in making our board realise how important the Quarry was for our future.I thank all posters for their views even if they don't own shares. I assure you the board read our posts all good boards should read criticism and act on it when required to do so. CHEERS

    The deal would be confidential until signed of on, still the best news for years. With owning the Quarry we also will get to sell our waste products which reduces costs and helps with cash flow. CHEERS

    Getting this deal done has held back our share price for for years, well done to Russell Krause for getting a deal done. A deal that Jim failed to deliver, the board can now concentrate on a bright future starting with our Lithium project.All SEI shareholders should now feel a lot better with their investment and our future going forward. CHEERS

    Fantastic news, we have all waited so long for this, the share price should now rise as SEI is a bargain at these prices. CHEERS"

    Cheers to All Holders!
 
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