Sdx Energy Share Discussion Threads

[milliecusto] 24/4/2017 16:07

It's healthy correction,probaly will touch 60-63 then back up..

[borg45] 24/4/2017 15:36

This is pure manipulation by MM SDX is so undervalued and has unbelievable potential it's likely to be snapped up by one of the big boys sell at your peril

[neo26] 24/4/2017 15:19

SoulsauceI don't see any significant trades for this to go red, but it has been blue for the last 4 trading days.Trend is upwards, will continue doing this week..IMHO.

[soulsauce] 24/4/2017 15:14

Some nervousness ahead of the oil horizons.
Buy more on drilling results whatever it is. Still undervalued at this level.

[hiddendepths] 24/4/2017 15:04

I'd better go and lie down. Getting an urge to buy more!

[neo26] 24/4/2017 12:45

This stock has the momentum now with results out early next week can see it only go further.

Like I said this can be huge..

Worth noting company believes in the surveyed area of block there are between 300-600bcf of gas that is 53m-106m boe.

Last week gas find at sd1x company believes they have found between 25m-50m boe. A very good find indeed...

Don't forget these deep horizons, up to 100m barrels of oil...

[saw89] 24/4/2017 09:28

Big buyer - Delayed big buys is a consistent trend of last week and fully expect this to continue. Sell at own peril.

[deltrotter] 24/4/2017 09:26

A buyer I think hiddendepths.

Last news was pretty transformational for this small company. We had been held back for months by a placing seller and thus were undervalued - this is simply a rerating IMO (and with much further to go) and the inst's have spotted it.

Edison in their research note last week talk about a step change in cash flows on getting the gas find to market. A step change?!?! I thought the existing cash flows were pretty damn good!

Oil, if it comes, will be a juicy (very) bonus....

[hiddendepths] 24/4/2017 09:17

Trading this morning is interesting again. Clearly we have had selling,probably a bit of profit-taking but also a seller in some size I reckon. The MMs have been ready buyers. It looks as though the seller is either finished or close to it now and the buyers are having more sway.

When marketmakers want to hide their positions it's often hard to discern what's really going on. There may in fact be a big buyer rather than MMs short-covering.

Either way I would guess that the upward movement is likely to resume shortly.

[neo26] 24/4/2017 09:14

She is very temperamental today(sdx)..Expecting a good week...

[deltrotter] 24/4/2017 09:07

Yup, from Page 26 on their most recent presentation slide:



South
Disouq
-
Summary
Onshore Nile Delta Egypt
•
Transformational Exploration potential
-
320 BCF (
Pmean
) net to SDX’s 55% interest
•
Deeper oil potential identified within the Abu
Roash
& AEB horizons (prolific producers in the Western Desert)
•
Exploration well expected to spud in Q1 2017, well cost carried by partner (IPR)
•
Domestic gas demand outstripping supply, importing LNG to satisfy demand. Anticipate local gas prices to increase
•
Concession located within existing gas infrastructure, main gas transmission lines transects the block with
substantial spare capacity
–
potential for fast track monetisation.
SDX has material exploration upside with moderate risk exposure
Page
26
•
Three major trunk lines run through concession
•
Transport options available for gas, oil, and condensate
•
5km from SD Deep
-
1X location; 11km from SD
-
1X
•
TD to first production in months

[cashandcard] 24/4/2017 09:01

AEX will take an age to bring that gas to market. SDX is a quick 3month flowtesting to sales lead time. That's pretty rapid cashflow.

Also, please keep in mind, whilst the Gas discovery RNS does not mention liquids, the upper and lower Abu-Madi sands in this trend produce significant amounts of Condensate. A flowtest should prove composition. I'll be stunned if there are no liquids in these sands.



Cash

[hiddendepths] 24/4/2017 08:57

MMs seem to be covering at least part of their shorts this morning.

[deltrotter] 24/4/2017 08:57

ABSOLUTELY guys.

The buy case is a simple as that I reckon.

[soulsauce] 24/4/2017 08:53

Plus all the gas we are going to add in Morocco over the year to be sold with nice large profits.

[neo26] 24/4/2017 08:50

Look at aex today, resource estimate increased to 466bcf, great news for them.. Mkt cap in excess of 200m.Sdx believe they found between 150-300bcf here and possibly doubling in the surveyed area.We can get production live within short period of time.Don't forget we have other material asset which are making us plenty of dosh!!!..Strong buy..

[potential] 24/4/2017 08:45

Sake as expected now watch the rise....

[thelung] 24/4/2017 08:17

Oil in the cuttings over the weekend?

[plentymorefish] 24/4/2017 08:08

tbf, you can buy in size at 70p and can't get a firm quote to sell, much the same as the start on Friday. Lets hope it then unfolds like the rest of Friday!....:)

[neo26] 24/4/2017 08:03

Nice.. Start..

[pauliewonder] 24/4/2017 08:03

Morning SDXers, onwards and upwards, good start

[someuwin] 24/4/2017 08:01

Should see £1+ this week whatever happens - imo.

[deltrotter] 24/4/2017 07:52

Typical PI strategy. If it hits £1.30 (and I believe it will), it will be going a lot higher.

You should be buying more at £1.30, not selling.

Sigh...........

[potential] 24/4/2017 07:48

In fir a MASSIVE week here at SDX sit back and take it all in .... not selling a bean till £1.30!!!

[niceyman1] 24/4/2017 07:05

Rns last week said company would provide further updates. Cant imagine if oil is found not reporting straight away as someone would spill the beans. My bet is an update in today or Tuesday.