SGL ricegrowers limited

Copy of Slide in AJL Presentation dated 22 February 2008 Re: AJL...

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  1. SilentPartnr
    1,550 Posts.
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    23/02/08
    20:30
    Post #: 3387701
    Copy of Slide in AJL Presentation dated 22 February 2008 Re: AJL Half Year. Slide 16:

    • Strategic investment (15.35%). Options over further 10% subject to milestones

    • Andy Lukas CEO

    • 3 year Technical Services and 2 year Drilling Services Agreements
    – Accelerate exploration and development of Sydney Basin
    – Strengthen AGL/SGL joint venture resources
    – Produce additional reserves

    • Backing Lucas knowledge of Sydney Basin and proven gas extraction capabilities

    • Sydney Gas well positioned in market place. Considerable potential reserves

    • Demand rapidly increasing in NSW gas market

    • Considered very underpriced relative to peers

    • Huge potential. Fits well with other CSM assets


    Regards

    SP
    SGL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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