SGL ricegrowers limited

This is Mr Lincoln AugustusOn 9th December 2008, the CEO Mr Andy...

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  1. holymagimon
    941 Posts.
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    18/12/08
    11:59
    Post #: 4619094
    This is Mr Lincoln Augustus

    On 9th December 2008, the CEO Mr Andy Lucas, who is from AG Lucas has mentioned on page 18 of his investor update presentation that SGL is targeting a minimum share price of $1.85 by 2012.

    Holymagimon hopes that this board of directors, especially the people from AG Lucas, will be a lot better than the rabble SGL has had guiding it previously, and hopefully this price should be easily reached by 2012...but a lot has been promised before.

    At least SGL has good management for once, to get the drilling and certification done.

    That 25000 PJ of GIP in the Hunter Valley should hopefully be quickly translated into good 2P and 3P reserves

    Blessing of the Lord and may the peace be with you.
    MLA
    SGL Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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