SGC 0.00% 0.7¢ sacgasco limited

Estimates of value (A$/S) for current 1P Oil & Gas Reserves, page-3

  1. 11,020 Posts.
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    The business Model..... Blue sky has a great biz model ... Buy marginal bankrupted assets cheap and on sell them or bits of them to friendly listed entities in a foreign jurisdiction (oz), as a trusted partner would , for what appears to be several multiples of what they paid in cold hard cash and take a few shares to pretty up the deal.

    As far as Borba the duster. Will we holders at least get a consolation prize with a bit of flowing, net cash flow positive, gas from the tested zones. Been a loooonnnngggg wait for us LTHers
 
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