SGC 0.00% 0.5¢ sacgasco limited

Ann: Nandino Prospective Resources Certified, page-27

  1. 259 Posts.
    lightbulb Created with Sketch. 28
    I don't know about the politics in the Philippines, anything involving politics is a big risk.

    Look at PEP11 and the Morrison government, it's all politics.

    SGC is trying. They seem to be giving it a good shot.

    Will there be delays? Probably. Most projects are delayed in real life situations, especially anything to do with government.

    Will the shortage of oil, record oil prices and the war in Ukraine help with the approval process? I don't know.

    In my opinion i would like to think all these factors will help the situation.

    If you are waiting for the approval before you buy in, you will be buying at a huge premium and then there will be other risks that will need to be overcome, and if those risks are overcome, you will buy in at another huge premium.

    So when do you buy in? If you believe SGC has no chance of approval, you don't.

    If you believe the Canadian assets are next to worthless you don't.

    As I have said before, everything has it's risks.

    Everyone needs to do their own research in a company, listen to others opinions and decide for themselves if they agree with those opinions.

    No-one knows the future, not me and not you.



 
watchlist Created with Sketch. Add SGC (ASX) to my watchlist
(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¢ $11.72K 2.345M

Buyers (Bids)

No. Vol. Price($)
3 1900272 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 5631294 8
View Market Depth
Last trade - 14.55pm 14/06/2024 (20 minute delay) ?
Last
0.5¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
0.4¢ 0.5¢ 0.4¢ 368632
Last updated 14.55pm 14/06/2024 ?
SGC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.