SGL ricegrowers limited

re: big problems- mjs MJS I would do a little more research on...

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
  1. 432 Posts.
    re: big problems- mjs MJS I would do a little more research on the SGL assest ie vast CBM acerage. Yes I agree that some of the companies exploits have been a little extravagent however the comment in the paper regarding burning cash is misguided. How can you develope an assest without spending money. They are currently drilling and completing wells in Camden. This is not a cheap exercise. Oversold this week. I would be looking for some sort of a recovery over the next month. Hopefully they can secure the services of a cheaper CEO which I belive will help this recovery.

    cheers,

    otaw
 
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