I think SGC now eyes on peers of Canada energy industry, not ASX oil & gas companies. 2000 BOEPD is its first target, more transactions will come in future.
I noticed now the day traders are manipulating the SP , they enjoying the profits between 3.0-3.3c. This also further indicates SP very close to bottom. 4c is key resistance, once SP breaks 4.0, we will kick these day traders out. 4.0 also trigger the potential funding as the options may start to exercises to $4m then SGC cashes up. So there should no stop to 5.5-6c, meanwhile if more transaction of 1500boed released, SP Amat test 10c, this will most likely happen in following weeks.
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