Dempsey Update

SGC’s AIM listed JV partner Empyrean Energy (EME.L) market cap has more than doubled since EME made their announcement on 14 June...

EME M/Cap pre farm-in = circa A$20M @ GPD 3.5 per share
EME M/Cap post farm-in = circa A$43M @ GPD 7.5 per share

EME’s WI in Dempsey Prospect = 30%
SGC’s WI in Dempsey Prospect = 50%

With a current M/Cap of circa A$16M I don’t think SGC will be trading at these levels for long once the market catches on! DYOR