Sirius Real Estate Ld Share Discussion Threads

[rambutan2] 24/2/2005 16:39

TORONTO, Feb. 24 /CNW/ - SouthernEra Diamonds Inc. (SDM: TSX, SRE: AIM)
today reported the discovery of a new diamondiferous kimberlite and
microdiamond results from the Company's 60 percent owned Lac de Gras X Claim
Diamond Project in Canada's Northwest Territories, located 25 kilometers west
of the Diavik Diamond Mine.

[rambutan2] 08/2/2005 11:11

main man speaking at indaba tomorrow...


good place for deals etc.

[rambutan2] 06/2/2005 12:58

confirmation on friday that the directors took their private placement shares.

moved up in canada over week to close C48-50 on fri.

[rambutan2] 02/2/2005 14:15

tsx: sdm; aim: sre






Shares issued and outstanding: 128,313,101 (as at 03/01/06) following BHP taking a 12% stake at C$0.60 in order to get rights on drc land.

SRE have hold a 4.9% interest in Peregrine Diamond's wo diamond project...


Upon the completion of the reorganization of SouthernEra Resources Limited on September 1, 2004, shareholders of SouthernEra Resources Limited on the Record Date became shareholders of two separate publicly-traded companies: SouthernEra Diamonds Inc. and Southern Platinum Corp. Every shareholder held one SouthernEra Diamond (formerly SouthernEra Resources) Common Share and received one Southern Platinum Common Share for every SouthernEra Resources Limited Common Share held.

november presentation:
march 05 presentation:

stockhouse board:

this global diamond explorer hasnt had a happy start to its life as a seperately listed company in canada and a newly listed one on aim. however, theres a lot of interesting stuff on the books (including a producing mine in south africa - which currently non-producing) and an 18% free carried interest in a big angolan field (unfortunately undeveloped as yet). also exploring in congo, australia, canada, and gabon. they say... That this represents the fourth most active global diamond exploration program after the majors DeBeers, BHPB and Rio Tinto.
that said, the cash position looks unsure, with a placing at the end of last year abandoned as couldnt get the price they wanted. but on the bright side, the board subscribed to a private placement at a premium to the then current share price the other day. a november canaccord note reckoned they were well undervalued and put a 62p short-term target on them, taking the view that the board would be able to juggle things and get something rolling.