Sdx Energy Share Discussion Threads

[brasso3] 28/1/2020 08:09

With the current oil price weakness it should not go unnoticed that SDX is transitioning towards gas.

[kilijarslan] 28/1/2020 08:07

Great news!

[momentum1] 28/1/2020 07:30

Congratulations folks

[nasnas1] 28/1/2020 07:20

Should see us work north and beyond 30p now!!

[nasnas1] 28/1/2020 07:19

Brilliant update!!!Mark Reid, CEO of SDX, commented:"We have a particularly busy year ahead with the drill bit, giving us the opportunity to increase significantly the Company's reserves life. OYF-2 in Morocco is a very positive start, a discovery which is larger than pre drill expectations, and confirmation that our core productive area extends to the north.

[kilijarslan] 27/1/2020 10:29

Sellers ggrrr

[nasnas1] 27/1/2020 08:22

A healthy consolidation. The train will start moving again as the week progresses. Drill less then weeks away. I'm happy to add further as the potential here out ways the risk all day long. Have a great day all.

[laptop15] 25/1/2020 09:18

https://twitter.com/laptop1515/status/1220699056936300544?s=19

[flagon] 24/1/2020 15:45

Just thinking out loud wrt Morocco ...

2019 800 boe/d achieved 2020 840-860 boe/d forecast

Forecast growth at mid-price of 6.25% seems low ?

Peugeot Kenitra are going to be ramping up production to circa 100k cars in 2020 from 20k (?) last year (factory opened in June 2019). The factory has a capacity to produce 200k cars per annum. A component supplier Citic Dicastal (aluminium alloy parts for wheels) opened it's second factory in Kenitra in Nov 2019.

There might be additional customers signed up in the period as well ... we shall see.

[iamgreat1] 24/1/2020 09:40

That old chestnut heyPmsl

[kilijarslan] 24/1/2020 09:35

I'm getting NT to buy but can sell :/

[momentum1] 24/1/2020 09:30

Looking good

[nasnas1] 24/1/2020 08:13

A good start with healthy buys coming through, expect another tick up today - I won't be surprised if we hit 28p today!

[brasso3] 23/1/2020 17:59

192k buy at 27p (£52k).

Someone who knows what is coming and seeking value = No brainer!

[nasnas1] 23/1/2020 17:05

Good volume and some chunky buys. A start of the bulk run, this is where the money is really made. Glad we've caught the start of the rise, let's not forget it's been to 72p not too long ago!

[momentum1] 23/1/2020 16:28

Some Chunky buys today. Looks primed for a bigger move.

[tombul] 22/1/2020 22:24

You see this is how a competent and honest management should be executing its plan to grow SDX.

I just confirmed that Dilution Lover, Mr. Pinocchio is still in prison for mixing hot dogs with pea powder.

[shakeypremis] 22/1/2020 13:21

I'm just glad they finally got it done.

[brasso3] 22/1/2020 13:18

The delay was completely out of the control and due to local authorities. The timeline was adjusted mid 2019 and full transparency was provided to the market at that time.

[thomas11] 22/1/2020 13:16

Hi Brasso3 - this is from the Operations and Corporate Update dated 28th Jan 2019

" During H1 2019, SDX will complete construction of the Central Processing Facility, the 10km export pipeline and the tie-ins for the four existing production wells.

First gas is targeted for mid-2019, at a gross plateau production rate of between 50-60 MMscf/d with the conventional natural gas being sold to the State at a price of US$2.85/Mcf."

Is this delivering on time in 2019??

They need to be honest and state they had problems and they overcome them. I have been a Project Manager for over 30 years and find these comments not truthful

I think we'll have to agree to disagree

[brasso3] 22/1/2020 13:03

Why is it a lie?