SGC 25.0% 0.5¢ sacgasco limited

Ann: Notice of Meeting 11 January 2017, page-4

  1. 4,656 Posts.
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    Hi Kingrose, you make a good point, but obviously its been a personal issue between the parties, and thus i can understand his feelings.
    What's been forgotten in that argument/discussion is that whilst I have also been frustrated by the delay over the past few years we have gone through some very hard times in oil/gas and that even if a deal had been struck during that downturn the terms definitely would have been very hard to accept (even if a deal is yet to be struck - at least the atmosphere for a far better deal has arrived). And the Peregrine arrangement is most attractive imo.
    And during those hard times the company survived without having to dilute the hell out of us all.
    And now we're (as shareholders) likely to see a substantial upturn in the share price imo - i hope Paul still has some shares so he at least will also share in that upturn.
 
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