Sdx Energy Share Discussion Threads

[rolo7] 27/4/2021 11:23

on research tree 70pages target prices 21-41p

[shakeypremis] 27/4/2021 09:07

Hi Rolo, do you have a link?

[rolo7] 27/4/2021 08:05

Research note out.

[rolo7] 26/4/2021 20:34

Hope so news soon chart about to break out which way? UP!?

[tnt99] 26/4/2021 09:01

This share is way undervalued true value must be over 30p

[shakeypremis] 13/4/2021 18:16

Neo26, well you may never find out. They don't look like they are targeting it ever.

[neo26] 13/4/2021 16:26

sdx has guaranteed gas production for 3/4 years now, they need to target those deep zones for oil now.

That is where the money is. Im convinced SD has oil.

[shakeypremis] 09/4/2021 11:01

Tnt99. You are right. As long as there are decent results from the Morocco/Egypt drilling programmes the future looks bright and SDX might start to add cash to the balance sheet again. Value will out in the end.

They can't really add cash to the balance sheet right now because production isn't sufficient to generate free-cash over and above what they are reinvesting. That reinvestment is increasing NPV over and above the money spent to add that NPV. It's just not generating free-cash flow right They may this year. We'll see.

[tnt99] 08/4/2021 19:39

Deffo world gone mad Uk oil and gas goes to market cap of 45 million makes no money up up and up it goes Jam maybe 3-5 years off if they strike oil SDX meanwhile makes money producing profits has money in the bank to pay for exciting drills cheaply with quick net back and infrastructure in place plus fixed prices above market price valued at only 36 million madness valued by most brokers over 59

[tnt99] 07/4/2021 21:21

Don't understand this share money in the bank exciting drill program making a profit going forward low cost production fixed prices everything is rosy valued elsewhere at over 50p but the share price doesn't move even with single purchases of 750000 shares from time to timeMust be ready to rumble on any good news

[sleveen] 07/4/2021 11:42

sp

Fair comment.

[shakeypremis] 07/4/2021 10:58

Sleveen, that is true. They are however increasing NPV with these drills over and above what was spent to drill and develop them so they will show a return on investment.

If they could increase production in either Egpyt or Morocco they could start to generate free-cash on the balance sheet even with current levels of expenditure. A couple more customers in Morocco or increase in CPF capacity at Egypt would do it.

They might even increase cash on the balance sheet this year. Remember last year suffered from Morocco shutdown and low oil prices. This year hopefully no Morocco shutdown, an additional customer plant in Morocco, higher oil prices and possibly a slightly higher WI production from South Disouq given the Sohbi well belonging 100% to SDX.

[sleveen] 07/4/2021 08:18

Unlikely.

SDX seem to spend more cash on drilling than is generated from operations. Evidenced by EOY cash position.

[tnt99] 01/4/2021 10:31

Back in profit exciting drill program money in the bank and fixed prices what's not to like share price should triple by this time next year

[shakeypremis] 25/3/2021 08:09

Neo26, that was what Paul Squelch said. I am not sure there is that much potential for deeper oil. If Hanut comes in and they can get adjacent licenses they might well be able to upscale the current gas business in South Disouq without nearly as much risk.

[neo26] 24/3/2021 22:25

They need to come out of their comfort zone, they hav steady production for 4 years in both countries now, they now need to risk the deeper wells for the bigger prize, the black stuff.Aimho

[rolo7] 22/3/2021 14:50

3pm retail investors call. Thats all. This seem similar to wen slow and boring mainly fixed gas prices.

[shakeypremis] 22/3/2021 14:14

No one has tipped SDX.

[thegreatgeraldo] 22/3/2021 13:49

If somebody has tipped SDX, how embarassing. Judging by the header, just 2 trades today, so nobody's paying attention!!

[shakeypremis] 22/3/2021 13:02

Highly unlikely it's SDX. No one wants anything to do with this company.

[thegreatgeraldo] 22/3/2021 12:58

It's not IOG is it? No idea....

[dekle] 22/3/2021 12:55

Simon Thompson, Investors Chronical

[shakeypremis] 22/3/2021 12:39

Come again?

[dekle] 22/3/2021 11:32

St of IC has just tipped an Independent Oil & Gas development company, was it us?