1. The IE report was originally planned to form the basis for negotiations between SGC and third parties. As it turned out SGC and XST decided to undertake the drilling without any third party. 2. As I have stated the IE report will likely be a conservative estimate. And yet it's still only an estimate. It's not difficult to see that Borba is not only going to have gas, it's going to be a Monster - regardless of what the IE might conservatively suggest. 3. SGC is now committed to releasing the Report because the market was promised it, so I know it has to be released- But it's not going to change what gas is in the ground. And that drilling is almost ready to begin.
SGC Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held