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
31.0¢ |
Change
0.010(3.33%) |
Mkt cap ! $96.89M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.5¢ | $250.9K | 806.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 105420 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| SHG (ASX) Chart |