Hi Angers,
I have review the SGL AGM Presentation lodged today. I am still concerned that they have made no mention of the additional $51 million from proving up an additional 500PJ at Camden. They mention projects at Bulga which doesn't qualify.
The $51 million is easy money, as it is essential getting paid to do something they will eventually end up doing sometime anyway. It will take a long time for Camden, Bulga or any other project to generate an accumaltive EBITDA equal to this $51 million. I get the impresion it is not a priority for management.
Did you go to the AGM? If yes, did you or anyone else ask any questions about them achieving this target?
Regards
SP
SGL
ricegrowers limited
Hi Angers,I have review the SGL AGM Presentation lodged today. I...
Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
