Sdx Energy Share Discussion Threads

[sleveen] 21/5/2019 10:51

sp could reach 15p easily in 4 months.

[gisjob2] 21/5/2019 10:49

20p would be tempting but what happens if it sneaks below 20p, where will it end up ? We have at least 4 months with very little news likely.

[shakeypremis] 21/5/2019 10:46

I just hope the major seller isn't Waha or Ingalls. I very much doubt it is as they would have sold well before this debacle.

[shakeypremis] 21/5/2019 10:40

20p will be very tempting yes. I'll be forced to buy more.

[napoleon 14th] 21/5/2019 10:33

Not just a major holder exiting, but also missed projections etc...

I'm watching as risk/reward here improves day by day!
20p will be tempting....

[jungmana] 21/5/2019 10:24

Yes it is a ridiculous valuation. But that's what happens when a major holder decides to off load

[gisjob2] 21/5/2019 10:22

No immediate reason to rush in and buy ! How low can it go ? Place your bets !

[shakeypremis] 21/5/2019 10:21

20p is a ludicrous valuation. The only way that valuation is valid is if SD never comes online and Morocco sales never increase.

[jungmana] 21/5/2019 10:14

Is obvious, there is a large holder who wants out and has been selling. Remember the 5m sell at 24p on Friday?An opportunity to get in at 20p could come soon.Good luck all

[deanroberthunt] 21/5/2019 10:11

Ich auch

VOTE OBI WAN KENOBI, OUR ONLY HOPE....

[jungmana] 21/5/2019 10:09

Will be tempted to buy in at 20p. I think I will take that price

[deanroberthunt] 21/5/2019 10:05

who cares,

vote Brexit party, vote for democracy

[matchmade] 21/5/2019 09:51

And if you look at the chart, it's "clearly" also headed to 0p.

[knowing] 21/5/2019 09:40

Then when if it get's to 20p you will say 15p yawn

[jungmana] 21/5/2019 09:31

This is heading for 20p

[shakeypremis] 21/5/2019 02:01

Looks like new estimate from someone other than PW. Down from 50-60mmcf/d to 50mmcf/d and first gas pushed back to Q4 with ramp up to 50mmcf/d in Q1 2020. Sounds more conservative than anything squelch would have said. Hopefully from this point forward we start to get the truth. The good thing is he's gone now and this has all the fundamentals to do very well. Maybe not as well as before given Morocco looks like it is unlikely to get above 10mmcf/d for a very long time. But SD still had great potential and hopefully new wells can be tied in much more quickly. Need to see that first production first though. This is dirt cheap assuming SD comes online.

[gisjob2] 20/5/2019 12:14

I know that but he's the one that has been explaining the proposed rate over the last year. Who can believe anything he's said over that period ? We only have his word for it and that seems to count for nothing.

[shakeypremis] 20/5/2019 12:02

Not PW saying it. He's *resigned*. Was told to resign or else most likely.

[gisjob2] 20/5/2019 10:10

and knowing PW it'll be a third of the rate stated.

[shakeypremis] 20/5/2019 08:28

Nope. It's definitely Q4 for first gas, which probably means H2 next year. "Construction of the South Disouq central processing facility ("CPF"), pipeline and well tie-ins continued in Q1 2019 with first gas now expected to be achieved in Q4 2019."

[the drewster] 20/5/2019 06:38

Q3 first gas, Q4 stabilisation is the new guidance.

[gisjob2] 20/5/2019 00:15

When I said how far around the corner I know it's supposed to be Q4, but who know what the timescales are for anything after last week.

I imagine the share price could drift a little further on no news throughout the summer months but should recover when SD does start producing.

[ll0ydy] 19/5/2019 22:37

Wonder what this will do tomorrow? Talk about get all the bad news out at once.

[darola] 19/5/2019 22:35

Q4 in anticipation of South Disouq coming online might see this start to recover. Although a new CEO, some clear comms from a clean slate, and possibly some TR1s as iis sweep up shares from distressed PIs might see some gains in Q3. I don’t think we’ve seen the bottom yet. But in the right hands, assuming the news we have had to date is still credible, this is still a good company.

[gisjob2] 19/5/2019 22:03

How far around the corner ?