Whilst not price sensitive this announcement gives me, as a shareholder, a real sense of engagement and commitment by SGC to get the Philippines drilling away in a timely fashion.
IMO the current share price doesn't even cover the Canadian oil production, and thus it remains a bargain for what will likely follow confirmation of drilling to commence in Philippines.
What's the saying "fortune favours the brave"?
Ann: Philippines Update - Drilling Workshop, page-2
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