CSG

SGL’s price rise draws attention

A rise in the last week from below 90 cents to briefly tip over $1 saw the Australian Stock Excha...

The company pointed to its previously announced 10 well drilling program and its recent well reports and project updates, saying it could have been “an increased market confidence in the company’s operations” arising from the reports.

SGL is extending the size of its Camden gas gathering facility in addition to the exploration program.

The SGL price has steadied in the high 90c range.

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