1. 5.8k

    Deal to be finalised by the end of June. We may have only a slight pull back in the SP after this,then it should power on.

  2. 141

    down to 2.5c, wonder if down to 2.1c before this comes out

    1 like
  3. 5.8k

    Maybe after the Allocation, but it should be short lived.
    Some pretty interesting news will follow the share placement.

  4. 5.8k

    Great job by our CEO to get this deal done.

  5. 5.8k

    The news keeps getting better, Tungsten on the rise also.

  6. 5.8k

    Production set for early October, cash flow positive from Quarry early August.
    Expect plenty more news coming weeks.
    My tip for this stock between 7 and 12 cents by end of August .....20 to 30 cents by end of October .
    Hopefully by Xmas 50 to 70 cents if Tungsten keeps climbing.
    100% off take from all Minerals won by SEI. By Cronemet all product going to European buyers.

  7. 5.8k
  8. 2.2k

    Shane are you going back to your ADV days with this latest call of 20 -30 c by October?

    Cmon mate, they are doing a CR @ 1.8c, going by that, you expecting 1500% return from there on?


    1 like
  9. 13.4k

    Shane calm down with the ramping

  10. 5.8k

    Yes as for the 1.8 Cr ,you do realise this was negotiated when our Share price was 1.2.
    Also the only direct dilution will be 45 ml shares.
    Most of the 220 million shares are going to our Partner Cronemet and their subsidiary Companies ,they need to hold these shares to maintain a 20% equity as Partner.
    Also our Partner Cronemet will foot 50% of all costs and buy 100% of all product.
    The Mine is ready to commence processing of tailings with a 90+ % recovery rate.
    Prior to this the recovery rate by Roch Bros was only 45% and the costs associated were some 40% higher.
    Along with this they have over 12 millions tonnes of stock piled hardrock ore ready to crush and process.
    The raw product is worth about $270 per tonne at today’s value.
    We then get a further 2.5% at the refinery once concentrated ,which is about $750 per tonne ,the total value is about $34,000 per tonne consentrate
    So with 6 million + tonnes of tailings plus 12 million tonnes of stockpiled hardrock ready to go ,this should put. Rocket up the share price.....from explorer to producer.
    The current Jorc has approximately 21 million tonnes in Mt Carbine underground mine. With another 32 million tonnes in Iron Duke and Peterson’s load leases.
    Also it’s expected SEI will secure more area very soon.
    The Company should have a Market cap of between 150 ml to 200 ml by the end of this year.
    The company has no debt a Mine ready to turn key, all infrastructure in place Power,Highway,water,and Port Facilities within 100 Klms,
    All mining approvals and Environmentals are in Place .
    If Tungsten does rise as predicted this will only add greater value to the only producing Tungsten Mine in Aus.
    Our costs to Mine are the lowest in the world at about 35% of the value per tonne.
    I can only see green for this stock over the coming Months with plenty of other News to come.
    I also see them Farming out their Gold tenements as well their Lithium Tenements in Chile.
    They will and should stay focused on the Mt Carbine operation.
    Add to this a contract in place for Road Base products to Mareeba /Cairns/ and McKay Local Governments ,worth currently about 10 ml net each year.
    Which they Plane to expand on quite considerably.
    I have seen the Mine and all the Plant and equipment is in perfect running order.
    The Current Mine tunnel at the base of the Quarry will allow access to all the reserves below Peterson’s Load and Iron Duke, as well 2 other Areas currently under consideration for testing.
    This is in a safe jurisdiction, pro mining area ,Indigenous all sorted and supported.
    Can only go one way.

    1 like
  11. 5.8k

    Just s note also that Both TGN and GWR are buying into SEI.

    1 like
  12. 5.8k

    This stock is holding well considering the placement was at 0.018.
    I do not see much downside. Hopefully 7 cents plus by the end of August.

  13. 5.8k

    Quarterly report Due tomorrow ,should be good reading.

  14. 5.8k

    SEI ticking over Nicely.

    1 like
  15. 5.8k

    Price target for SEI is now 20+ cents ,with a MC by xmas of 150 ml ....fingers crossed.

  16. 5.8k

    Well Beisha, so far we have seen a 225% price increase since the cap raise....and a 450% increase since I first bought in at 1.1 cents 12 months ago.
    My prediction is we will see another 150% increase by Christmas.and that’s being conservative.....9.5 cents.

  17. 2.5k

    Great call 👍well done

    1 like
  18. 5.8k

    Thanks Arnie ,I wish I had of stayed in longer with BUBs.

    1 like
  19. 5.8k
  20. 5.8k

    Tungsten up 13% .......SEI about to do another run North soon.

Your browser is too old for TopStocks and not secure. Please update your browser