Morning SGC family,
I'd like to focus on the following line as written by Peter Strachan on 19 September 2018. Contain within the article link attached.
"Even a 35 BCF discovery is estimated to underpin the companies market capitalisation of just 7 million".
At the time of writing SGC's project interest was 36% and the gas price quoted in the table was $1.00.
Fast foward to today..
SGC's project interest is 67% (almost doubled) and a price of gas is north of $3.00 US, (more than tripled).
It's very easy to equate a market capitalisation far in excess of todays market cap even with a modest 35 bcf discovery.
I'd be very interested to here your thought's.
And I've not even touched on the oil assets or other gas assets, we all hold.
Have a great day.
Lion64 (Go Lions)
- Forums
- ASX - By Stock
- SGC
- Big Ga$$$$$$$
Big Ga$$$$$$$, page-514
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGC (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.586M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 6109959 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4972359 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 6109959 | 0.004 |
18 | 45356946 | 0.003 |
11 | 48083666 | 0.002 |
3 | 51300500 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4972359 | 3 |
0.006 | 6178206 | 7 |
0.007 | 6301142 | 4 |
0.009 | 1225376 | 2 |
0.010 | 966562 | 1 |
Last trade - 10.09am 11/07/2024 (20 minute delay) ? |
Featured News
SGC (ASX) Chart |
Day chart unavailable