Sdx Energy Share Discussion Threads

[jimboau] 19/4/2024 11:24

Going to be bled dry and dumped, that is the plan! Aimo

[neo26] 19/4/2024 11:06

Who is this mystery buyer!!!!Receiving 10m for SD in instalments will be spent on admin in no time.I am not happy i thought we would turn the corner...

[roman2325] 19/4/2024 11:03

Come on Ned - whats the price telling you today?

[littlened] 19/4/2024 09:46

Chucklebrothers out in force this morning

[34adsaddsa] 19/4/2024 08:33

Sorry to say it but I think this will end up at zero or effectively zero through an equity raise.

It burns money, there's no meaningful plan, everything is taking ages, Aleph are getting 20% interest. I think it's doomed.

[roman2325] 19/4/2024 08:28

Problem you have Chris is oil explorers are not valued on the sum of the parts - this is an expensive business and if you don't have a business plan it doesnt matter how much cash you have in the bank - you'll soon burn through it. At the start of every RNS this board blurt out 'we're reforming the business and we're going to make loads of money' but in the Gas space they're competing against the majors and in hydrogen NO ONE HAS YET FIGURED OUT HOW TO MAKE MONEY FROM IT. So its great to be an early mover if you're BP but if you actually needs to pay your bills from it....you wont

Pretty sure I won't be buying back in lol

[littlened] 19/4/2024 08:27

Yes it will BOD confirmed that SD will require shareholder approval.ie more than 75% of market cap

[chrisdgb] 19/4/2024 08:12

South Disouq is much larger to SDX though isn't it...?? What price will that be, surely we are going to be way over the current market cap just on Egypt...?

[chrisdgb] 19/4/2024 07:22

Finally some news..........!

[hsfinch] 18/4/2024 14:20

It might be Chariot. The 3 pillocks over there were waiting for their 10mill from Energean. Mind you most of that will be going on outstanding invoices and bonuses. They're AIM oilies mate. It's what they do. Finchy

[neo26] 18/4/2024 12:58

Very dissapointed here. Almost a year.They arw taking the taking the asset to the ground.Maybe the buyer playing hardball? He wants to pay installments for West Gharib, what kind of large international buyer is this?

[hsfinch] 18/4/2024 12:42

They know how to get around the rules. Take this one. What do we know? They've spudded. They should have finished. So either they have a problem or it's a gusher. I know where my money is. Bottom line...never trust an AIM oilie. Finchy

[littlened] 18/4/2024 09:42

They have to blurt out bad news too,or risk fines and jail

[hsfinch] 18/4/2024 09:39

Mate, expect bad news coz if the news was good they'd have blurted it out by now. These AIM oilies are all the same. Finchy

[chrisdgb] 17/4/2024 10:59

This is now unbelievable, even I am now questioning what is going on here.......we need an RNS

[neo26] 11/4/2024 10:03

Which two you bought?

[tnt99] 10/4/2024 21:07

News on the drill and sale coming is that the reason for the buying today Does someone know this

[roman2325] 10/4/2024 16:03

After Ned - I hear you however the tape doesn't lie and the new management have done an absolutely pathetic job of keeping their shareholders up to speed with what they are not doing. How many juniors do we know that are undervalued but stay undervalued until...well forever. It would be great if it were an investment trust and they could return all the cash but they're now getting excited about hydrogen along with the over 100 other bidders in Morocco and I can tell you for a fact they have a pretty lousy reputation there!

My inv thesis was simply they get the money out, ramp up the drilling program and I see a quick bounce to 6p odd (50% up). I havent seen it and got my timing wrong, take the small loss. And from what I hear locally in Egypt the picture gets worse not better

In the last month I've bought 2 others in the space which are rising nicely and i'd rather pour more into those than wonder what the heck is going on here. Don't blame you all for holding but no one has a clue lets be honest

[littlened] 10/4/2024 13:57

roman,in 2023 half year accounts net assets were $67m and half year EBITDA was $8m.Do you think the shares are worth less than 4p?.If so where have all the assets gone ?

[neo26] 05/4/2024 12:08

Investor relations

[littlened] 04/4/2024 15:52

Who the heck is Sarah Dees ?