It is a great move that SGC looks to be getting into the WA gas...

It is a great move that SGC looks to be getting into the WA gas market imo.

Look what happened to Strike Energy when it entered the WA gas market with the West Eregulla project in 2018 for instance. It had a mkt cap of $70m, it got a huge run on and went to over $1 billion at one stage.

With a half decent WA gas project for SGC and a mkt cap currently at shell value, if the stars align it may be time to bring out the Dom soon imo.

DYOR

"Western Australia faces an “imminent and potentially severe” gas supply shortfall that threatens jobs and economic growth, a parliamentary committee looking at the state’s domestic gas supply warns."

“This shortfall is likely to threaten thousands of WA jobs, jeopardise billions of dollars’ worth of economic activity and derail the state’s decarbonisation agenda,” the committee said in a statement."

https://www.watoday.com.au/national...es-game-state-gas-policy-20240222-p5f71e.html