SEI 0.00% 2.9¢ speciality metals international limited

Shedding light on SEI, page-3

  1. 899 Posts.
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    I can assure shareholders I am not going to buy back in to SEI even if the share price dropped below 2 cents,Firstly I would have to sell some LPI shares to do so which would be a terrible trade for me.How can buying the Quarry lift the share price until we know if it cost us $2,000,000 or if we paid $10,000,000. WLF who are mining tungsten with the top 4 shareholders owning 95% of the company still can't get a share price rise with the Tungsten price rise and only a 5% float of shares available to the market for trading. TTW have $4,000,000 in the bank and are actively working on there Tungsten project yearly share price down. VML actively working on their tungsten project share price massively down for the year. Where SEI who have abandoned their tungsten project in November with around $8,000,000 written off,while spending all the money on the Lithium and Gold projects. SEI's share price in May was .7 cents so the price had gone up about 480% when they hit 4.1 cents,so that would make SEI's share price over valued.If I waited until May I would have received another 50 % profit on my .7 cent shares,but the risk was way to much.When the details of the Quarry purchase are finally released the share price will crash in my opinion.If I am wrong feel free to let me know, but stop the hype until the details are known to the market. Remember it was the Lithium Hype that lifted our share price and bought in the new share holders .SEI main focus is a Lithium Brine Company at the moment back in September the Tungsten price was higher and Jim abandoned the tungsten project for Lithium,nothing has changed. CHEERS
 
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Currently unlisted public company.

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