Sdx Energy Share Discussion Threads

[someuwin] 21/3/2018 20:49

SAH-2 testing.

[potential] 21/3/2018 20:43

Expecting a major breakout here as we approach the big drills. Been a while, buy the ducks as they are now lining up rather nicely. Initial Target 75p region..

[goldieshotz] 21/3/2018 17:45

I think where the new seismic is being cast is closer to the geo model they have for the sebou permit where as the northern license the geology is different so these wells should give us an idea of the potential.

[thegreatgeraldo] 21/3/2018 16:18

HAF,

I'd guess if the 2 LM wells don't deliver focus will switch to the seismic they're shooting shortly & see what that comes up with; unless they've got some more prospects in the main area lined up already?

[haideralifool] 21/3/2018 09:31

Griffin. Go to 5min here:



PW says that the first 3 of wells in the current campaign will be included in the reserves report and that they will also be replacing gas that has already been produced.

He uses the word 'uptick', so there may be an increase, but perhaps a small one.

[griffin81] 21/3/2018 08:55

At this stage non of the new discoveries in Morocco are included in the M.Cap, but hopefully that will change in the weeks ahead with the anticipated reserve upgrade and connecting Peugeot and the other customers. I think Paul said Peugeot would be connected in April, but I need to double check the recent interviews to be sure.

[sleveen] 21/3/2018 08:37

HAF

I agree with the S or B scenario for the Northern bit.

Looks like the good gas flow announcement was already in the price.

[pb01] 21/3/2018 07:11

Great flow results.

[neo26] 19/3/2018 18:52

Hes targeting 50mmcfd from sd and the two development wells, being very conservative. If they strike those two exploration wells then its gets really tasty..

[shakeypremis] 19/3/2018 18:48

Government take is about 55% isn't it and then they want tax on the profits.

[thegreatgeraldo] 19/3/2018 18:31

What % have you used for govt take?

[griffin81] 19/3/2018 18:02

Yes, I've based the gas price on an averaged $2.5 although the actual price (to be) agreed is a little more complex as I believe there will be a price for the cost element and a different price for the profit element. I'm using a P/E of 4.5

[haideralifool] 19/3/2018 17:13

Griffin - is your conservative gas price $2.5?

[tli8jaguar] 19/3/2018 16:57

Malcy's new bucket list.

[master rsi] 19/3/2018 15:40

Auction @ 50p

50.50p +3p

Cantors had a 100K buy at 50p, so had to go on Auction and buy with 5K the other 3 MMs to move higher, that finally they did, though WINS was reluctant for a couple minutes

[griffin81] 19/3/2018 12:16

I've just watched the latest Schachter interview, he made the comment that should the exploration hit success in SD, it's worth more than the current market cap. I've just run the numbers, and he is right, if SDX is selling 100,000 MCF/day, even on a conservative gas price and P/E it doubles the market cap.

[thegreatgeraldo] 18/3/2018 22:00

Point is, if either or both of the SD explo targets come in, they'll be monetised pretty sharpish.

[haideralifool] 18/3/2018 21:36

Getting a bit close to the prelims. All in all the accounts should be a net positive.

On balance the $ numbers should be reasonable, since they should be getting very good netbacks in Egypt. AIUI (from one of the recent videos) the Morcoccan discoveries that were made in time for this report should mean that we're about the same level in terms of reserves as we were last time.

If Ibn Y and Kelvin come in it should add 15-20p to Edison's NAV. And I can't tell whether they have anything for Lalla M at all.

[thegreatgeraldo] 18/3/2018 21:22

Last time it would have paid to have sold some TSX stock into the Schachter spike & bought back a few days later, wonder what will happen this time...

[darola] 17/3/2018 12:34

I've previously mailed IR, about the major holders list being out of date - but never got a reply which is incredibly poor to be honest...

[lauders] 17/3/2018 10:17

Results next week? The following week at the latest.

Previous results: March 24th 2017

Shame the SDX calendar is so out of date. I have sent a message to investor relations.

[darola] 16/3/2018 20:29

Closed up 11% on TSX. .95 cad - 52p