Sdx Energy Share Discussion Threads

[littlened] 09/5/2024 16:51

Neo,you should know that market sensitive news cannot be disclosed at a presentation.It has to go via RNS to the market first

[neo26] 09/5/2024 16:24

Are you new to sdx this is all known by holders.When will SD be sold?

[littlened] 09/5/2024 13:36

I agree,I have met these guys and they are a breath of fresh air compared to the last lot

[pharmawotsit] 09/5/2024 13:10

 Fascinating webinar just now.

 Look like a completely different (and competent) team running the show.

 Egypt (South Disouq) will be sold this year.

 No need for funding requirements in the short-term as sales cover costs.

 SDX is the sole gas supplier to the portside in Morocco with a 240km pipeline.

 They own 75% and the government 25%. Any other players need to ask SDX permission.

 Big plans medium term to develop a 47bcf field with multi-lateral drilling.

 Providing 5mcf per day, such a resource will last 26 years !

[winnet] 03/5/2024 10:18

small top up / average down.

[tnt99] 03/5/2024 08:19

More good news on another drill in Morocco things starting to be put in place onwards and upwards today I hope

[ohdearohdearohdear] 02/5/2024 11:30

So I see the SV101 drill rig has moved onto Char. Why no RNS from SDX about drill completion?

[tnt99] 29/4/2024 08:23

Good news on the new gas producing assets in morocco

[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