Australia's largest stock trading and investment forum Australia's #1 stock forum

SGC

Click for more information

11.1%

0.5¢ sacgasco limited

Paul - below is a typical Early Cretaceous paleo-geology...

First 11 Last

Share
Profile

Follow
squidgy

1,454 Posts.

534

27/09/16

18:55

Post #: 19457561
Share

Originally posted by WhiteNoise ↑

The problem is they been trying to sell Dempsey for almost three years.

And failed to do anything.

Then the statement of proven reservoir at the main target level is a bit ambiguous.

If you look at the stylised cross section across Dempsey you can see that at the deeper levels the sedimentary section is condensed and distal from the sedimentary source IE predicted from the west

So if any sand grains have been deposited then they will most likely be fine grained which might result in a low porosity and permabillty reservoir.

A much better option would be re testing Alvares.

Expand

Paul - below is a typical Early Cretaceous paleo-geology reconstruction with the present day states and coastline. As you can see the main provenance is from the east (Triassic Sierra Nevadas) not the west.
I have put link to a great site with worldwide reconstructions if you ever feel the urge to attempt geology again.

http://jan.ucc.nau.edu/rcb7/globaltext2.html

SGC Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

There are more pages in this discussion • 29 more messages in this thread...

First 11 Last

Add SGC (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.001(11.1%)		Mkt cap ! $4.483M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$5K	1M

Buyers (Bids)

No.	Vol.	Price($)
8	6175000	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	2755512	4

View Market Depth

No.	Vol.	Price($)
8	6175000	0.004
11	19125595	0.003
7	45750000	0.002
3	51300500	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	2755512	4
0.006	7178206	8
0.007	6301142	4
0.009	2225376	3
0.010	2966562	2

Last trade - 16.10pm 25/07/2024 (20 minute delay)

SGC (ASX) Chart