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

SGC

Click for more information

0.00%

0.7¢ sacgasco limited

Come August I think we will be looking at more like 1m BOD for...

First 32 Last

Share
Profile

Follow
debono

22,942 Posts.

827

02/03/21

20:54

Post #: 51465268
Share

Originally posted by longreach ↑

I think the big positives about the Canadian oil production are:
1. Current equity is already paid for, and a smallish oil production is happening, and that cash flow is positive;
2. Additional production can be brought onstream with minimal expenditures required;
3. Oil prices likely to increase as economies get back online after covid;
4. Cash flows from oil production will minimise the need for future share Capital Raisings.

SGC (and XST for that matter) has a completely different, and positive, outlook to what happened after Dempsey. Now there doesn't have to be a 3 or 4 year wait for the next drill hole along the Borba trend or elsewhere (e.g. Alvares).

Expand

Come August I think we will be looking at more like 1m BOD for SGC share. GJ indicated that they were also looking at other acquisitions in this area.

SGC Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 486 more messages in this thread...

First 32 Last

Add SGC (ASX) to my watchlist

(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $5.458M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$3.848K	549.6K

Buyers (Bids)

No.	Vol.	Price($)
6	1738707	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	628059	2

View Market Depth

No.	Vol.	Price($)
6	1738707	0.006
21	10614230	0.005
9	12330279	0.004
7	20549998	0.003
3	16100000	0.002

Price($)	Vol.	No.
0.007	628059	2
0.008	805165	3
0.009	1093000	2
0.010	566562	1
0.011	462500	3

Last trade - 11.24am 08/05/2024 (20 minute delay)


Last 0.6¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
0.7¢	0.7¢		0.6¢	393900
Last updated 11.38am 08/05/2024 ?

SGC (ASX) Chart

SPONSORED BY