SGC
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25.0% 0.5¢ sacgasco limited

Dempsey Update

  1. Leeuwin1
    40 Posts.
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    22/06/17
    16:57
    Post #: 25436067
    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
    SGC Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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