Sdx Energy Share Discussion Threads

[cashandcard] 13/4/2017 15:50

ifthecapfits,


That is a US tax form & only a requirement for US listed stock. SDX is not listed in US, only UK and Canada. Some brokers try to force investors to complete the form regardless - you should contact them and tell them your not buying a US stock.


Cash

[oilandgas1] 13/4/2017 15:46

IMHO. There are a few good opportunities to make some money .. SDX is one!

SDx has
1. no debt
2. FCF
3. A multi well drilling program in Morocco which is around 4 or 5 wells to be drilled consecutively in H1.
(Osiris-1X in the Abi Roash., they will probably test after Anubis-1X.)
4. Meseda facility upgrade and Drill 2 development wells (pending government approval) and 2 exploration wells
5. Circle assets revenue and historic receivables.
6. Morocco
-- Sebou
o Drill up to 5 wells in H2 2017; 3 development and 2 appraisal

o Look to increase Gas volumes to existing customers and agree contracts with, and start supplying volumes to, new customers


-- Lalla Mimouna
o In H1 2017, high-grade 2 prospects for drilling

o Drill these 2 prospects in H2 2017

For SD1x, I would be expecting drilling results between 21apr and 05may.

Possibly oil and gas (looking for gas in the Upper Abu Madi section and oil in the Lower AEB and Abu Roash sections) .. but gas only with a good result and the share price should kick on to around 60p by may17, but flow results will take longer May to jun17.

[pauliewonder] 13/4/2017 15:46

You don't want to buy the tsx stock. Make sure you buy sdx under lse

[ifthecapfits] 13/4/2017 15:45

Just tried to buy some more in my ISA and had a message pop up that I needed to complete a W8BEN form. I don't recall having this when buying in my SIPP. Anyone else come across this?

[ziblot] 13/4/2017 15:32

Another 20342 @ 49.10. MM's balancing their books before holiday; no problems.

[saw89] 13/4/2017 15:25

Far more likely that there is impatience, especially with traders - people keep reading too much into when we will get an update. It could be up to 45 days from when the drilling started which was only like 20 days ago!

[pauliewonder] 13/4/2017 15:24

The well is not fully drilled so it couldnt be bad news just yet as they would have updated the market that they are passed Abu Madi. That update hasnt come so in the delay, the MMs have taken this down. Im in HUR too and the delay there saw people selling, when news came it was excellent.

[1bonanza] 13/4/2017 15:19

Could be more than mm games, leak on bad news? Big fall from 56

[trapissed monk] 13/4/2017 15:18

I don't get the charts!

[someuwin] 13/4/2017 15:13

You can see the daily volumes in the charts in the header.

[trapissed monk] 13/4/2017 15:05

Gis....you can look at the daily trades,volume,sell/buy by using the advfn monitor.Just put in the dates.or you could use the chart and add volume is said box,put time you want,ie day 5 days/week etc

[gisjob2] 13/4/2017 15:02

Does anyone know what the average daily volume is here. Today doesn't look anything other than quite normal. Mm's having a laugh ?

[neo26] 13/4/2017 15:00

MonkI can promise you by year end it's almost a certainty these will double, regardless of what happens at the current exploration well. They have $18m in bank, $16m in receivables due and company is making over $3m per month. All this for a company only worth 90m, they have absolutely no debt...

[trapissed monk] 13/4/2017 14:45

I'm looking to double my investment.....85p will be nice by September,tvm

[ziblot] 13/4/2017 14:42

I make it news anytime mid next week. Later the better. As an investor, if successful, I would be looking for an share price around 63p

[pauliewonder] 13/4/2017 14:42

Just had a top up in the SIPP.

[potential] 13/4/2017 14:41

Topped up50k stupid not to

[petergennery] 13/4/2017 14:40

Wee top up at sub 50 for me

[pauliewonder] 13/4/2017 14:37

seems to be all buying this afternoon yet they have dropped the price even lower. MMs playing games ahead of next weeks update

[nasnas1] 13/4/2017 13:15

MMs having a field day. They will be selling these back next week at 55p. Do some research FFS

[borg45] 13/4/2017 12:59

Pretty pathetic from the mm trying to scare investors with this shake hold firm and you will be rewarded!!!

[pauliewonder] 13/4/2017 12:57

Yes could be Tuesday morning for an update

[neo26] 13/4/2017 12:51

Next 4 days the MKT will be closed a lot can happen in these 4 days, PW did say that he will update in two to three weeks times, so we are in the timeframe...

[potential] 13/4/2017 11:35

Neo well said!!!!!

[neo26] 13/4/2017 11:06

GeraldoIf you look at other exploration companies they are valued at future potential, we are already producing and are expected to make decent money this year, current MKT cap undervalues this...SD 1X has 300-400 bcf potential and 100b barrels of oil, none of this is priced in...