SNG can not act quickly on development/ production because it is...

  1. 2,192 Posts.
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    SNG can not act quickly on development/ production because it is not profitable for it to do so . In truth it has been giving SH false hope by producing glossy documents that try to make results from drilling look better than they are . All in the hope of one day finding a “ lucky strike” to entice more investment. Even if that would to occur , would it be profitable to start production?
    Obviously the head of a company would be putting all his time in to the development of one particular company ( instead of many)if he had enormous faith in it being a successful enterprise.
 
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(20min delay)
Last
5.3¢
Change
0.000(0.00%)
Mkt cap ! $11.60M
Open High Low Value Volume
5.1¢ 5.4¢ 5.1¢ $6.974K 132.9K

Buyers (Bids)

No. Vol. Price($)
1 3000 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 67909 2
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Last trade - 14.53pm 13/06/2025 (20 minute delay) ?
SNG (ASX) Chart
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