SC58 is a multi billion barrel monster and SGC is a sleeping giant imo
The Balyena prospect in SC58 has a prospective resource of 1.3 billion barrels on its own.
“The block contains an extensive deep water fairway with a number of large multi hundred million barrel structures comparable in size to the giant Shell operated Malampaya gas field”
88E hit nearly $1 billion market cap recently and they are an explorer not a producer. SGC is soon to be a 2000+ boepd producer, and also an explorer of high value billion barrel acreage.
Every broker, analyst, day trader is going to be all over SGC soon as they love these billion barrel type plays as well as production, and SGC could go on an 88E life changing run imo.
Mkt cap only $18m...Just beginning
BILLION BARREL BONANZA
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Mkt cap ! $3.898M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $19.25K | 4.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 499999 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 5547961 | 7 |
View Market Depth
| Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 5257074 | ||
| Last updated 15.37pm 10/06/2024 ? | |||||
| SGC (ASX) Chart |