Sdx Energy Share Discussion Threads

[tournesol] 15/5/2018 11:37

Hi TGG

are you planning to participate in the conference call?

T

[thegreatgeraldo] 15/5/2018 10:44

They're pretty good at updating the presentation on the website. It would be interesting to hear, following the apparent success at Lalla Mimouna Nord, how many other prospects, on the existing seismic, warrant drilling in the next campaign.

[tournesol] 15/5/2018 10:29

I would expect a new presentation to be posted onto the website before the conference call as a vehicle to facilitate structured discussion. Otherwise it will be a free for all.

I'm enrolled but to be honest I do not yet have a list of questions. What I'm after is a down-to-earth exposition of the company's plans. Previously I've found management to be a bit too fuzzy, a bit loose-lipped and a bit over-optimistic - certainly about the speed of progress. What I'd like is a much better exposition of prospective and actual resources/reserves and a clear road map for exploiting them.

T

[neo26] 15/5/2018 10:02

I think good chance of q1 results this week also, one can imagine lots to talk about in conference call

[rachael777] 13/5/2018 17:06

anyone signed up for the private investor call next week ?

[potential] 11/5/2018 11:50

72.72p are buys but showing up as sells - as I've just bought some more :-) and any not :-)

[thegreatgeraldo] 11/5/2018 11:23

Wonder where reserves will end up when they've tested the 2 LM Nord wells.......

Back in Jan Edison suggested a reserves figure of 5.2bcf before the drilling campaign. Add a conservative 1.5bcf for each of the 5 successes in the south & we get to 12.7bcf. Don't think it's stretching things to suggest that the 2 LM Nord wells could take Moroccan reserves into the low 20's

[haideralifool] 11/5/2018 09:55

tgg - yes reserves come first, then sales contracts and then the cashflow.

[thegreatgeraldo] 11/5/2018 09:29

HAF - you can't sign up a 5 year supply deal if you've only got the reserves to cover 3 years! Looking good to hit the company's target to add circa 50% to Moroccan production this year.

[daveas] 11/5/2018 09:00

Added more today.could be more good news coming following the RNS announcement today

[neo26] 11/5/2018 08:57

While in canada the share price has surged to equivalent 78p here we have some nervous investors failing to allow it to move.+3p finish today.Imho

[shakeypremis] 11/5/2018 08:54

Haider, there's a lot of exploration potential now in Morocco after the LNB and LMS drills.

[haideralifool] 11/5/2018 08:49

IMHO the problem with Morocco had always been one of reserves. As long as they can keep adding to those, customers will become easier to acquire and that's the main thing.

[jinxo777] 11/5/2018 08:43

I think the majority of us who went through those painful months in the 40p-50p range will keep their shares until true value is reflected in the share price - it has been a challenge at times but I am now more confident than ever that with a bit of luck with the drill-bit we will see £1 before the end of summer.

[potential] 11/5/2018 08:36

MM tempting many weak holders out but we aren't not push overs were the Sdx die hards :-) long and strong!!

[potential] 11/5/2018 08:33

73.8p paid!!!!

[shakeypremis] 11/5/2018 08:29

I always er on the side of caution, especially with SDX, PW is a little over zealous sometimes. That's probably why he is on Over-Active Directors quite so much.

[shakeypremis] 11/5/2018 08:28

hmm, fair enough neo26. If they can double from present levels then pretty much twice the free cash flow (possibly more due to improved gas contract pricing).

[griffin81] 11/5/2018 08:25

Same for me Shakey, just over a year and had confidence they would deliver throughout. I'm really looking forward to Canada opening again later and firing a rocket under this.

[neo26] 11/5/2018 08:25

Shakey they producing around 5 i believe 10mmcfd is real possibility this year especially after having successful drilling campaign. Gas prices will be close to $12/mcf

[shakeypremis] 11/5/2018 08:22

ho ho ho indeed, it's been a long wait (it hasn't really been that long, only a year and a bit for me but still lol), but it's all starting to come together.

[ifthecapfits] 11/5/2018 08:10

Ho ho ho - breaking new ground :)

[shakeypremis] 10/5/2018 21:54

Neo26, I don't think SDX plan to double production in Morocco. They are currently producing circa 6mmscf/d and plan to produce 8-10mmscf/d by year-end. It's more like 30%+.

[neo26] 10/5/2018 21:32

Two bits of news this month which will surely get this near a £1, kelvin drill results and ibn yunus flow rates.Its obvious that the objective to double production in Morocco will be met by end of year after successful drilling campaign.