IMHO, this one is far too risky to be dabbling in.
Too many risks associated with debt & hedging. I said a few months back that SGW could be another Pasminco.
Nothing has happened since to change my mind.
My advice.....keep well away from it, until you hear something positive (which will not be for a while).
CHEERS
(I bought SGW in 1998......sold out in late 2001)