The whole thing is set to at least revert to what it should be valued at well to be honest the Phillipines is new.
but $5m profit AUD per annum from red sky and current Sacramento basin gas. Why is our market cap $5m aud lol. Isn't it at least 2m barrels of reserves there as well so on that alone SGC should be about $20m market cap.
Exposure to 5% royalty on the two Phillipines appraisal wells. Maybe $10-20m additional market cap.
Borba finally having the cash to get a hydrogen conversion system on site. Maybe additional $10m market cap.
We should be $50m market cap right now on the known knowns. Add in additional speculation and upside for whatever the board has brewing that we are awaiting them to cascade that information to the market!
The whole thing is set to at least revert to what it should be...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.119M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $21.21K | 5.413M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 32452091 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1540694 | 1 |
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| Last trade - 15.22pm 21/06/2024 (20 minute delay) ? |
| SGC (ASX) Chart |