SGC 20.0% 0.4¢ sacgasco limited

Ann: PEP11 Option Update, page-76

  1. 5,298 Posts.
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    The December 2023 quarter finishes in just over 2 weeks with the Xmas shutdown, so there must be plenty of newsflow soon.

    Looking forward to seeing Nido being divested and the long awaited drilling of Cadlao finally kicking off.

    Also looking forward to seeing what new projects they bring into the company for the short and medium to longer terms.

    The words "high impact" and "large resource" and "drilling program in Q1 2024" do sound intriguing imo with a mkt cap of just $8m.

    "New venture opportunities have been focused in two areas:
    High impact near term exploration opportunities as liquidity has improved in ASX listed juniors in the energy space; and
    Medium to longer term portfolio opportunities to ensure an inventory of news flow as the company recapitalizes into higher commodity prices."

    "Following the completion of the Alberta Plains Assets divestment, the Board has been assessing a number of high impact large resource exploration drilling opportunities with a view of executing a drilling program in Q1 2024"
    Last edited by Randy Savage: 06/12/23
 
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