Yes this news is over 90 days old and yes it is a good thing what BBM said. But you should rider this news with that from USEC Sales of the DOE where he said that SGC has committed (?) USD 72 million on Cadlao (in my opinion not enough but hey perhaps they have a preferred customer discount with service providers). An AUD 8.5 million market cap company is going to get USD 72 million raised...how...from where...what structure? Oil prices are retreating and SGC have commitments in North America to drill some wells (or perhaps they are just saying...I'm just saying too). Even Blade and Cadco were able to spring a couple hundred grand for an SS but not a POD...much less an EWT. This contract is going to be in R&R by early next year. Message to Suse123.....it is not easy to stop loss as most like to hope despite knowing that hope is for the church. Sure123....you saved a lot of money in my opinion as I think this SGC share price is heading to sub 1 cent before the new year.
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