SGC 0.00% 0.4¢ sacgasco limited

Another presentation and the company is still going nowhere in...

  1. 6,650 Posts.
    Another presentation and the company is still going nowhere in my view.

    You really have to question how these worldwide oil and gas industry experts have done so poorly in getting what is a great exploration play moving.

    So far we had almost three years of zero accomplishment, zero farm out, zero re-testing and zero drilling.

    Meanwhile they awarded themselves new long dated low priced options after the last ones expired way out of the money and sold to a mate a large percentage WI over these large gas projects for minimal cash.

    So I could quite understand if you rightly ask, is the current board able to achieve any success?

    Based upon the last three years you have to wonder in my view.
    Last edited by WhiteNoise: 14/09/16
 
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