Sdx Energy Share Discussion Threads

[debbiegee] 23/4/2018 15:41

Wow congratulations guys !
Not invested here but look at the gap up on the 3 year chart :-)

[ifthecapfits] 23/4/2018 15:31

Thats much more like it.

[thegreatgeraldo] 23/4/2018 14:58

Not so shy about chasing it higher in Toronto.....

[captain james t kirk] 23/4/2018 12:03

Thanks jinxo, it's just appeared on the website :)

[jinxo777] 23/4/2018 11:57

I can access it here..

[captain james t kirk] 23/4/2018 11:50

My mailbox tells me the UKIS presentation is on the website but it appears not. Anyone else able to access it ?

[gisjob2] 23/4/2018 11:08

I hope PW iterates the points he made in the interview about South Ramadan when he issues the spud RNS. How it's a legacy well we have a very little interest in and not of material interest to SDX plans in the future.

[theblackswan] 23/4/2018 10:51

At Last.. The market has finally woken up to the huge potential and upside with this share. Lots of news flow coming in, Very busy period for the company.

[potential] 23/4/2018 10:34

Yep we will be well pass 70p by end of the week let alone May :-)... PW interview was solid as always, the mans one of the best CEO I've come across after a very long time in the markets!!

[jinxo777] 23/4/2018 10:02

From PW's last podcast I got the impression he is not expecting South Ramadan to be successfull and, even if successfull, they are only targeting around 10m barrels; if they found 10m it will only just about break even; he made it clear they are expecting to relinquish the concession as soon as this drill is out of the way (unless they hit a massive payload obviosuly). This is a legacy commitment that will cost SDX just over $1.5m.
I think he will try to get as much positive newsflow as possible before they TD South Ramadan; even if irrelevant to our portfolio a duster will still have a short term negative effect on the share price. I hope the share price is in the mid 70s by end of May so a duster at South Ramadan is not going to hurt too much!
South Ramadan to spud early May.

GLA

[potential] 23/4/2018 08:23

Very strong day/ week ahead for the share price be very surprised if we're not close to 70p by Friday!!

[ifthecapfits] 23/4/2018 08:16

strong buying this AM. which is nice :)

[neo26] 22/4/2018 21:48

Haider

Im confident the gas will be found in Kelvin prospect also and once they commence drilling they will get to TD within 2 weeks.

imho

[haideralifool] 22/4/2018 21:41

neo, VI says that Kelvin was 42% before IY came in, so the company must have upped the CoS.

[neo26] 22/4/2018 21:11

Thanks Village so this is what you got from the company at UKIS

PW confirmed the seller has cleared

Kelvin cos is 42%

PW thinks an share price increase of 50% could have happened on friday as extra reserves and value found in Morocco.

SDX Generating $4m cashflow a month and no debt.

[vilage_idoit] 22/4/2018 20:44

I've posted several comments from speaking to Paul yesterday at the UKIS on my Twitter: @vilage_idoit.

[shakeypremis] 22/4/2018 00:18

Or using that cash to fund further E&P (and acquisitions) maybe??? Why would they pay a dividend now? Pointless.

[11_percent] 21/4/2018 23:23

With all this cash coing in, they should be paying a divi.

[11_percent] 21/4/2018 23:22

With all this cash coing in, they should be paying a divi.

[neo26] 21/4/2018 11:40

Another thing to note last time when sd1x well was complete within 3 weeks they had flow test rate. I can hazard guess Ibn Yunus flot test will be over 30mmcfd.Kelvin will be drilled in less than 2 weeks to td considering IY was deeper and only took 16 days.

[tli8jaguar] 21/4/2018 09:00

Check out @sdxenergy’s Tweet:

[deanroberthunt] 21/4/2018 05:56

yes, $50m cashflow pa, and the mcap is what ? ...not for much longer!, debt free with cash...cheaper than chips

[csjcsl2] 21/4/2018 05:55

we r producing the equivalent 0f 3500bopd with free cash flow of $4m per month.by year end we are hoping to b producing 8000bopd..so we should be making free cash flow of around $9m per month so $108 free cashflow per year at current oil price..just need to add a few more reserves,and share price will fly from here

[neo26] 20/4/2018 21:51

cad $1.11 equiv to 62.1p