SED sedimentary holdings limited

Sandy, as the market is having a breather at the junior resource...

  1. 5,867 Posts.
    Sandy, as the market is having a breather at the junior resource end , there are still a few that could bounce back nicely on positve drilling results.
    I would include in this bunch ADU (which is shaping up as a serious player in Ghana and if it can maintain its results will probably be knocked off within 12 mths), DEG and to a lesser degree HAO (the cyclone earlier this year slowed down the RC drilling-the weather has improved since with DEG already sitting on one nice deposit with three more shaping up that could justify its own mill, HAO is run by a 'nutter', but the Bulletin results will generate cash flow in the medium term/has the ground adjoining DEG at Turner River-but may need to do a placement in the short term),and TRY for reasons given previously.
    My own punting money is presently in the oilers, but will probably return to TRY fairly shortly .
    Cheers, TAS
 
watchlist Created with Sketch. Add SED (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.