Australia's largest stock trading and investment forum Australia's #1 stock forum

SGC

Click for more information

25.0%

0.5¢ sacgasco limited

Guess that number, page-54

First 54 Last

Share
Profile

Follow
matthewwhite

81 Posts.

2

17/02/21

01:16

Post #: 51056449
Share

Originally posted by longreach ↑

I agree with you that 1 tcf is huge, but let's be clear about 2 other points you made:
1. If SGC has appointed an "Independent" Expert, there is no way anyone would take on that assignment being obligated to be swayed by SGC expectations.
There's a professional code of ethics wrt consultants and their future livelihoods are put at risk every time they undertake an assignment.
As a consequence you can be assured the IE will provide an estimate based on the facts and observations as they see them, and not swayed by SGC enthusiasm - but its just an estimate, that may or may not be be delivered, and I'm sure it will be conservative, particularly wrt resource classification..

2. The company would have put out an announcement wrt spud date if it happened before the TH, and if it's just happened since the TH then it will be announced just prior to re-opening of trading.

I hope we see an announcement just before the market re-opens tomorrow, it's already been too long to wait IMO.

Expand

Longreach!! Your point not long ago stated you didn’t care if the report wasn’t released??? Are you serious????? And now your latest post!!! I’m intrigued.

SGC Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

The Rising Tide: How institutional adoption is shaping the future of crypto

TYP

Tryptamine Therapeutics wraps up first-ever IV psilocin injections to establish baseline safety data

There are more pages in this discussion • 4 more messages in this thread...

First 54 Last

Add SGC (ASX) to my watchlist

SPONSORED BY