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Ann: Notice of General Meeting, page-6

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jwgloede

312 Posts.

249

22/01/21

09:20

Post #: 50363124
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Originally posted by jwgloede: ↑

Anyone else get the feeling this is trading like more funds are about to be raised?? very low volume, holding the price up well??

This Friday is the GM, ratification of 7.1 & 7.1A will allow up to another 67Mill shares to be issued if required.

The last raise was completed at .035c the next could be done at .07c (100% gain on the 1st) and would be well supported if it guaranteed a spud date.

Im confident the wheels are turning hard behind the scene to ensure everything is being considered to firstly drill Borba (and succeed) & secondly finalizing a WI structure that maximizes leverage for SGC shareholders first and foremost.......stated by GJ in the last update.

The thoughts above are all in my opinion..... however if a CR to lock in Borba and the final WI is complete.... then they have my vote to do so, it may even lead to SGC retaining in excess of +51%WI (60%....???)

I’m sure we are close to the next significant announcement and step forward either way. GLTAHs (XST included)

JW

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Let hope the deal is finally across the line and the WI % falls well and truly in our favor!!

GLTAHs

JW

SGC Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
3 Upvote

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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $3.898M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$120	23.92K

Buyers (Bids)

No.	Vol.	Price($)
3	2129471	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	5547961	7

View Market Depth

No.	Vol.	Price($)
3	2129471	0.005
9	10154524	0.004
9	4083331	0.003
3	8850000	0.002
2	10500500	0.001

Price($)	Vol.	No.
0.006	5547961	7
0.007	1570191	3
0.008	900000	1
0.009	2483399	3
0.010	1066562	2

Last trade - 11.19am 17/06/2024 (20 minute delay)

SGC (ASX) Chart