Strategic Energy Resources Limited
DB:EB8 Stock Report
Strategic Energy Resources Balance Sheet Health
Financial Health criteria checks 6/6 Strategic Energy Resources has a total shareholder equity of A$7.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$8.5M and A$842.7K respectively.
Key information Interest coverage ratio n/a Cash AU$2.51m Equity AU$7.62m Total liabilities AU$842.74k Total assets AU$8.46m
Recent financial health updates
Strategic Energy Resources Limited Auditor Raises 'Going Concern' Doubt Aug 25
Show all updates
Strategic Energy Resources Limited, Annual General Meeting, Nov 19, 2024 Oct 18 Strategic Energy Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.0154 million. Jul 24
Strategic Energy Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2.0154 million. Jul 23
Strategic Energy Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. May 24
Strategic Energy Resources Limited, Annual General Meeting, Nov 16, 2023 Sep 09
Middle Island Resources Limited (ASX:MDI) completed the acquisition of East Tennant Project from Strategic Energy Resources Limited (ASX:SER). Jul 17
New major risk - Shareholder dilution Jul 10
Middle Island Resources Limited (ASX:MDI) entered into a binding Sale and Purchase Agreement to acquire East Tennant Project of Strategic Energy Resources for AUD 0.64 million. May 16
Strategic Energy Resources Limited Announces Commencement of Myall Creek Ground Gravity Survey Feb 04
Strategic Energy Resources Limited Provides Exploration Update - Cowal Projects Dec 20
Non-Executive Director recently bought €66k worth of stock Dec 03
No independent directors Nov 17
Strategic Energy Resources Limited Provides Update on Exploration At the Canobie Project Nov 08
Strategic Energy Resources Limited, Annual General Meeting, Nov 16, 2022 Sep 07
Strategic Energy Resources Limited Commences Survey over Northern Section of Canobie Domain in Northwest Queensland Sep 02 Strategic Energy Resources Limited announced that it expects to receive AUD 0.5 million in funding Aug 11
Strategic Energy Resources Limited Announces Geochemical Soil Survey Confirms Achilles 1 as A Compelling Drill Target Jun 23
No independent directors Apr 27
Strategic Energy Resources Limited Announces Assays Confirm Nickel Sulphide Mineralisation At Kalarka Dec 21
Strategic Energy Resources Completes Drilling at the Cottage Iron Oxide Copper-Gold Prospect at its East Tennant Project and the Drill Rig en route to Canobie Project in Queensland Oct 02
Strategic Energy Resources Commences Drilling at East Tennant Copper-Gold Project Sep 15
Strategic Energy Resources Limited announced that it expects to receive AUD 1.32 million in funding Sep 08
Strategic Energy Resources Limited announced that it expects to receive AUD 0.88 million in funding Sep 06
Strategic Energy Resources Limited Provides an Update on Exploration Drilling Set to Commence Imminently Across Greenfield Copper-Gold Projects in Australia Aug 25
Company Secretary Melanie Jaye Leydin has left the company Jul 13
Strategic Energy Resources Announces Exploration Update from South Cobar Polymetallic Project Jun 16 Strategic Energy Resources Limited Announces Exploration Update - East Tennant Copper-Gold Project
Strategic Energy Resources Limited (ASX:SER) agreed to acquire Three Exploration Licences EPM26439, EPM26440 And EPM26442 from Newcrest Mining Limited (ASX:NCM). May 05
Strategic Energy Resources Limited Announces Exploration Update for East Tennant Copper-Gold Project Mar 06
Strategic Energy Resources Limited announced that it expects to receive AUD 1.720022 million in funding Jan 26
Strategic Energy Resources Limited Announces Exploration Update - East Tennant Copper-Gold Project Jan 12
Strategic Energy Resources Announces Saxby Drilling Results Nov 29
Strategic Energy Resources Completes First Two Diamond Drill Holes of the Saxby Gold Drilling Campaign in Northwest Queensland Oct 12
Strategic Energy Resources Limited Announces Board Changes Oct 08
Strategic Energy Resources Provides an Update on Drilling Campaigns Related to Its Saxby Gold and East Tennant Copper-Gold Projects Sep 17
Strategic Energy Resources Limited Auditor Raises 'Going Concern' Doubt Aug 25
Financial Position Analysis
Short Term Liabilities: EB8's short term assets (A$2.7M) exceed its short term liabilities (A$842.7K).
Long Term Liabilities: EB8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EB8 is debt free.
Reducing Debt: EB8 had no debt 5 years ago.
Cash Runway Analysis For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EB8 has sufficient cash runway for more than a year based on its current free cash flow .
Forecast Cash Runway: EB8 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates , but has since raised additional capital.
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