SEI 0.00% 2.9¢ speciality metals international limited

SEI Chart, page-58

  1. 295 Posts.
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    There are major things coming IMO, but we have a few nervous people selling shares. We are now at placement price range! Great time to accumulate and move forward, we can thank the DJIA for causing people to get scared.

    I think it won't be long till we hear about lithium assays. Some no doubt will be great, some will be bad, what is important though is that we have good drill targets, which in my opinion, i think we will have. Once we see this moving towards a drill date and actual drilling, the SP will no doubt increase.

    In respect to the tungsten acquisition, i think with Russell in charge, we'll see this deal go through. Once this acquisition goes through a re rate will be occur. Firstly we'll have revenues coming in from a fully functional quarry business and secondly we'll be one of the newest producers of Tungsten in the western world. I think they can start small scale production within 12 months. $13M MCap, is quite cheap at this stage, for what will very soon be a producer IMO if this acquisition goes through.

    This potentially could end up being a Lithium and Tungsten producer.
 
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