SGC 0.00% 0.4¢ sacgasco limited

Hi all. The key to any listed company, IMHO, is a balance...

  1. 162 Posts.
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    Hi all. The key to any listed company, IMHO, is a balance between cash flow and growth potential. Serious players look for this.

    SGC has been able to create both in a record breaking time, months not years. I am not sure about the Canadian assets as they do seem really cheap which raises a red flag a bit but they will figure it out during their DD work. Time will tell.

    But the Nido assets are a story that has yet to be properly told as the basin has yet to be properly explored. It is no coincidence that Bangchak did the deal on the last day of their tax year, suspect they monetized their tax losses in the hundreds of millions of dollars. SGC was st the right place, at the right time and had the balls to go for it. Well done I say.

    The Captain
 
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