SGC
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25.0% 0.5¢ sacgasco limited

Funding of the 2024 drilling is an obvious issue. Net income...

  1. Feral54
    3,626 Posts.
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    21/01/24
    11:37
    Post #: 71984545
    Funding of the 2024 drilling is an obvious issue. Net income from the NIDO sale is around $1.2m. Gas prices in Canada are low, so a sale of these assets is a possibility but may trigger another EGM as the ASX may consider them the principal activity again. This causes a very disruptive period.
    SGC Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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