Sdx Energy Share Discussion Threads

[johnrxx99] 20/2/2018 07:37

I hope I'm wrong but it may be the Africa effect that is holding things back. Can't think of anything else. Selling to locals and getting the money can be a problem.

[winnet] 19/2/2018 11:21

broker specific issue.

[haideralifool] 19/2/2018 08:47

^seems to be a problem specific to your broker/account. There are trades going through and I can deal.

[ifthecapfits] 19/2/2018 08:36

My SDX holding with AJ Bell is grayed out - like they have been delisted or some such. is there a CA going on that I'm not aware of? Been away for a week so not sure if I have missed anything.

[potential] 18/2/2018 19:48

Not a punt, it's a outstanding prospect!!

[ntv] 16/2/2018 09:43

bought a few this morning
an interesting punt

[bostonborn] 16/2/2018 08:25

Not been to the newsagents yet to buy IC; was it tipped by Simon Thompson or was it one of there tipped shares of the week, or just rated as a buy with company results? Can any body put the article on this bulletin board?

[momentum1] 16/2/2018 08:19

Read the tip in IC. I think the run starts here. First target 68p

[lauders] 16/2/2018 01:17

Hope that is not the usual kiss-of-death it is said to be! Perhaps we may just hear some drilling news next week and that will be positive!

[gersemi] 15/2/2018 18:27

Tipped in IC

[haideralifool] 14/2/2018 17:28

GMP note:

hxxps://gmpsecurities.bluematrix.com/sellside/EmailDocViewer?encrypt=a6d6f342-f438-478e-94d1-5fe6e63eca06&mime=PDF&co=Gmpsecurities&id=[e-mail]&source=libraryView&htmlToPdf=true

[haideralifool] 14/2/2018 12:59

Griffin, the share price was much higher and then Gaffney Cline came up with their resource update on SD - which was disappointing.

Tempering the disappointment was the promise of further testing of the oil prone horizon, but that seems to have been delayed until next year.

So not entirely surprised if some people are a bit wary.

[griffin81] 14/2/2018 11:05

I selected Should for a reason, in fairness this SHOULD have been much higher months ago.

[lauders] 14/2/2018 11:01

SHOULD be the operative word there Griffin81. Who knows what will happen where SDX is concerned. Will certainly be interesting as we progress through the news that is due our way!

[griffin81] 14/2/2018 10:44

It's been a patient wait but with two drills currently in progress, gas in Morocco and oil in Egypt, and the big gas spud due next month, this should be the beginning of the long overdue re-rate...

[potential] 14/2/2018 09:53

Nice 40k buy at full ask, not long to go!!

[thegreatgeraldo] 13/2/2018 18:00

Splitting the difference! Closed on TSX last night at 56p, currently (90c) at 52p, versus 48.62 close, judging by the graph in the header, over here.

[soulsauce] 13/2/2018 14:42

And we certainly did :-/

[thegreatgeraldo] 13/2/2018 14:24

We'll find out in a few minutes!!

[darola] 13/2/2018 13:18

This going to fly up at the end of the day to match TSX? Wonder if they've been holding it down to continue to fill an order. If it doesn't go up TSX is likely to drop...

[haideralifool] 13/2/2018 11:17

Lauders, that quote from malcy says, "As previously forecast the company has spudded the Rabul 5 development well on the West Gharib concession in Egypt and is targeting both the Bakr and Yusr oil bearing intervals found in the Rabul 1 and 2 wells. These operations should take approximately 30 days."

Based on the discussion this morning on this forum, I understood that we were all surprised at the news about Rabul 5.

So who made the forecast and where?

[lauders] 13/2/2018 11:07

So much for a 17% rise in Canada then. Will we see it drop on the open there then? Should be interesting whatever happens.

Malcy still on his "incredibly good value" stance:

SDX Energy

The company has announced an operational update this morning from both Egypt and Morocco.

In Egypt the company has signed a rig contract for the ST-6 r ig with the Sino-Tharwa Drilling company for its Ibn Yunus-1X exploration at South Disouq in Egypt. The agreement is for four firm wells and one contingent well and should be available to spud in mid-March. Expect the well to take around 30-40 days and it is targeting the same Abu Madi conventional natural gas bearing intervals that were discovered in the SD-1X well in April 2017. After this well the rig will move back to the SD-1X well discovery for two appraisal wells before moving to the Kelvin-1X exploration prospect.

As previously forecast the company has spudded the Rabul 5 development well on the West Gharib concession in Egypt and is targeting both the Bakr and Yusr oil bearing intervals found in the Rabul 1 and 2 wells. These operations should take approximately 30 days.

In Morocco drilling has been delayed at the company’s KSS-2 development well due to a failure of the top drive unit on the rig. The unit is currently being repaired with drilling set to recommence later today. TD is expected within 7-10 days and with no extra rig charges costs shouldn’t be ‘materially changed’.

With all systems go in Egypt and Morocco SDX shareholders can look forward to a news filled Spring and Summer and the shares look incredibly good value at this level.

[daveas] 13/2/2018 10:59

Nicht so gut , ich denke

[napoleon 14th] 13/2/2018 10:54

daveas - computer can't help it - just implements the programme.
"I voz only obeyink orders"

Makes me think there's not much buying pressure ATM, tho.
Share price confirms that.
We'll need good results and a divi to change that in March IMO.