SGC 0.00% 0.5¢ sacgasco limited

Ann: Sept 2016 Quarterly Activity and Cash Flow Report-SGC.AX, page-3

  1. 4,605 Posts.
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    SGC share price has moved very nicely over the past few weeks, and seems to me that the management has done a good job with recent deals and fund raising to maintain the company prior to making what I'm sure will be a company-making arrangement at Dempsey as a starter. With a market cap below $10 million and the potential for Dempsey (as a starter!) to be a billion dollar gas discovery I have every confidence the share price will move towards 20 cents with any announcement. Thus if I have to wait until Mar 2017 or even June 2017 I am happy to sit and maybe pick up a few more that might wriggle free at around the current price (or maybe a tad lower!).

    I know its been a long wait, but the patient shareholder I am confident will finally be rewarded.
 
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