Yep we both were onto this when oil broke $100 USD way back in Jan 2022.
Not to mention markets about to hit panic button soon.
Feds going hard to fight inflation; technical break out of the long term(40yr downtrend) nothing stopping interest rates going to 6% in USA.
Gold has lost its shine
Dr copper looks terribly ill
and King dollar $1.12 and ruling supreme!
SC6 is also a small production field(6 BOE) - no backers IMO, the wheels about to fall off sgc PR Stage coach as per our prognosis's..
Too add insult to injury $1.5 MILLION owed for LLI by Jun 23 will cost sgc $2.3 Million AUD @ current exchange rate. Wait till USD hits $1.20.
Time for sgc Management team to come clean and hang up the spurrrrs!!!!!!!!!!!!
Ann: 2022 Interim Financial Report, page-26
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