SHG IS LOOKING VERY PROMISING AFTER THE PLACEMENT PROFIT TAKERS ARE GONE. WITH $90M IN CASH TO FUND IT THROUGH TO COMMERCIAL PRODUCTION BY JUNE 09 AND SOJITZ TO BUY UP TO 20% OF LACERTA WHICH SHOULD RAISE $150- $200M THIS TRANSACTION WILL VALUE LACERTA AT AROUND $1B AND FREE CARRY SHG INTO THE LNG PLANT. NOT A BAD DEAL. WHAT ABOUT ALL THE OTHER ACREAGE?. WILL SOMEONE BEAT SOJITZ TO THE LACERTA GAS BEFORE THEY SIGN UP IN THE NEXT FEW MONTHS?
I THINK WE WILL SEE RESERVE UPGRADES IN THE NEXT MONTH OR TWO.
SHG IS LOOKING VERY PROMISING AFTER THE PLACEMENT PROFIT TAKERS...
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Last
9.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.36M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 9.9¢ | 9.8¢ | $13.77K | 139.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 133258 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 150500 | 2 |
View Market Depth
| Last trade - 10.20am 28/06/2024 (20 minute delay) ? |
| SHG (ASX) Chart |