Sdx Energy Share Discussion Threads

[neo26] 04/12/2023 12:43

"SDX is divesting its Egyptian assets - to focus on growing its Moroccan operations and generate initial funding to support the new strategy."This was from the new strategy rns on 27th nov. So board are confident its gonna happen. They would have likely sent out the contracts for the lawyers to go through. The buyer will get an excellent deal as they already have business interest in egypt.Lets see what we can salvage. 10m-12m will do..

[neo26] 04/12/2023 12:24

RomanWe cant predict the exact date but we know its soon. The share price fell early this year when company stated we are having issues taking money out of egypt, share price took massive hit, board made the move they would leave egypt. They signed an HOT to sell the assets in egypt, the only clue we have its significantly higher than 75% of the mkt cap at the time. So way more than 6m pounds. Our current mkt cap is 8m. So its going to be transformational for sdx. Thats not the only material news we expecting in coming weeks, sdx are also expected to sign offtake agreement which will also we be material to us.

[littlened] 04/12/2023 11:32

Roman the actual details of the deal are contractually secret.

SDx have given plenty of clues that the are very happy with it and it will be transformational.Good enough for me

[winnet] 02/12/2023 08:45

Roman, not me, I ran out of ammo a while back...

[neo26] 01/12/2023 16:52

Form 8.3 is an Opening Position Disclosure form required by the Takeover Panel of the United Kingdom

[neo26] 01/12/2023 15:30

The big boys are balancing the books.I think news is close. Need to get back to decent share price

[roman2325] 01/12/2023 15:28

Bit of consistent volume at least - you still emptying your piggy bank Winnet?

[neo26] 30/11/2023 13:27

Yes that is why the share price fell to silly levels, once that cash is in there will be a rerateWe had a stock yesterday which went up 200% on a 800k contract. Mkt cap now 2.5m. Sdx mkt cap 8m when that payments come watch this will surge..

[littlened] 30/11/2023 13:15

Neo,the problem with Egypt was that cash could not be repatriated.We have it and will take it out shortly once the deal is done

[neo26] 30/11/2023 12:45

So theres no investing in any aims company then with your beliefs?, we have oil and gas companies with little cash and no production higher than sdx.Now sdx can concentrating on morocco and they will connect their pipeline with spain. Any shortfall can come from there. Pipe capacity is over 25mmcfd ..I think this is a win win for sdx.After the full year results the share price fell to the lows due to egypt issue, once egypt assets are gone we can relax. We were just not paid on time over their...

[roman2325] 30/11/2023 12:09

Market Cap is not a sum of the parts Neo - they'll burn through that cash in no time. Slow and steady rise from here will do

[neo26] 30/11/2023 10:45

"It is envisaged that the Disposal, if completed, would constitute a fundamental change of business pursuant to AIM Rule 15 - the consideration, as currently calculated in the Heads of Terms, will significantly exceed the market cap Consideration Test threshold..."This is 10m pounds plus. Come on sdx bring on the news on top of that citic will come with a larger offtake payment. Last one was $2m this one might be $6m.Mkt cap of 8m is just too low.

[neo26] 30/11/2023 10:43

Yup someone is stakebuilding.December will be fun.

[chrisdgb] 30/11/2023 10:00

Decent volume ticking through.........

[winnet] 28/11/2023 09:53

well, the realised price on average was 11 bucks including citic, so i'd guess it would be less as they are the largest off-taker, but who knows what their contracted rates are for each individual customer. Does it matter that much? It's a strong price even if its 9 bucks!

[roman2325] 28/11/2023 09:49

Sorry, my point was what are they selling it to Citic at. As mentioned before I wouldn't get into bed with the Chinese if other potential customers down there (which there are)

[winnet] 28/11/2023 08:57

Yes, its accurate, check AGM presentation "realised Moroccan gas price of US$11.11/mcf", no idea what Citic are getting... but won't be a huge discount to what was previously charged

[roman2325] 28/11/2023 08:41

Winnet is that 11 dollars figure accurate? That's the pre Citic I assume..

[winnet] 28/11/2023 08:35

I'm just hoping for a slow and steady rise, taking on new investors as the story becomes clearer and more compelling... Otherwise, we just attract day traders and we'll be back to 4p regardless... seen it so many times...

[chrisdgb] 28/11/2023 08:27

Will double on the day of egypt announcement......

[winnet] 28/11/2023 08:21

But, neo, the importance of monetising that pipeline should not be underestimated... New management hopefully understand FCF is king.

[neo26] 28/11/2023 07:55

Mkt cap 8m, on verge of disposing egyptian assets for over 8m+.Its cheap, you have stocks like bce worth 20m with no oil production.Sdx owns important pipeline in morocco

[winnet] 28/11/2023 07:33

Well, half the problem is being sold and the other half, in morrocco, seems to have a several growth factors which will turn a profit next year ... The gas is being sold for about 11 dollars mmcf, which is a good rate...just got to cut g and a and capex