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
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