SGC 0.00% 0.4¢ sacgasco limited

Ann: SGC Acquires 6 Oil Discoveries in Philippines E&D Portfolio, page-85

  1. 3,770 Posts.
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    Nothing to say Suge? Calling a buy on a $114 million capped stock that you own which thus far, have proven the existence of plain old Zimbabwiean dirt beneath it's feet. Hard to believe right? More than 8 times the market cap of SGC.

    Now SGC on the other hand, being capped at just $14 million has likely in the last 24 hours alone (Yep, they actually have a saleable commodity coming out of the ground), pumped said commodity worth around A$38,000....And to highlight this price disparity even further annualising that revenue gives a 1 to 1 price to revenue ratio.

    But wait, roughly an additional 4 times that will likely be added in just a few weeks....And what the hell you might say, SGC still has Borba up it's sleeves. Cut the sh#t Suge, absolutely everything with your $114 million capped stock needs to go right or you're copping a minus ten bagger and very little needs to go right for SGC to get a ten bagger.
 
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