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Ann: Trading Halt, page-14

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IBoesky

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17/08/23

22:33

Post #: 69406670
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Originally posted by IBoesky: ↑

With regards to the Philippines and their timeline of milestones.....when has SGC delivered on any of them? None. You know why? Because, in conclusion after 2 years or so, they sold out Nido to Blue S**t.

SGC did three things very effectively:
1. They pretended. Buying Nido for 1 dollar from Bangchak was the first sign of pretension (BTW...that was a bullet dodged very well by Bangchak). Doing a deal with Ed Turd of Manta for Cadlao was the second one (Ed is laughing because he took some cash from them...but I hope SGC have some kind of recourse to sue That Turd). Hooking up with USEC Sales Turd was the third one (I predict he will lose his position soon).
2. Then they lied. They used the pipes buying and the photos of the drillship and the PNOC announcement to prop up the stock. Lying about the EWT being imminent. Lying that they will operate Cadlao and suck out all the oil with an FPSO or FSO and dry wellhead or whatever diagram they spewed out to the market.
3. And then they lied again. How? Because they sold out. That means they have exited the Philippines but with a "just in case" option which will never happen. PNOC should never do a deal with them because it simply does not make sense to throw good money after bad. Just wait for the contract to expire and revert to the DOE. PNOC by law can simply just take it!
And yes I do have the hots for them. I cannot stand liars and ponzi schemes. Makes my blood boil!
And finally, just look at their balance sheet guys. It is a clear example of trading insolvent.

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I think this trading halt might be about PNOC. It is more than overdue.

SGC Price at posting: 0.6¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $3.306M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
20	20122352	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	4925204	6

View Market Depth

No.	Vol.	Price($)
20	20122352	0.003
9	8084666	0.002
4	51800500	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	4925204	6
0.005	5050245	5
0.006	7077961	7
0.007	4301142	3
0.008	5001991	2

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Ann: Trading Halt, page-14

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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Sellers (Offers)

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Ann: Trading Halt, page-14

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News