SXP sapex limited

how much is the offer from lnc, page-24

  1. 13,667 Posts.
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    You keep thinking its only going to take 6 months to prove up resources.

    I believe that SXP could possibly go down the path of AOE/QGC etc etc but its going to take some serious time to get to those stages and some serious capital will need to be raised. I have had my fair share of profits from the coal seamers. 400% profit on AOE and 100% profit on QGC but those companies I held for 2+ years. This method allows holders to cash in early and also hold longer term if they wish. IMO its a good deal and it will be an advantageous company over other CSG stocks. You will be with a company that have advanced technologies and that can exploit the stuff in thr ground. Nice combo.

    Of course investors will always want more for a merger. It really comes down to whether the directors are happy with what is put forward.
 
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Currently unlisted public company.

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