Sdx Energy Share Discussion Threads

[wigwammer] 27/8/2021 09:12

"SDX owns 75% of the only private pipeline network in the country – future discoveries will have to go through SDX's line to be commercialised" ... interesting, thanks... hidden value :)

[ashkv] 27/8/2021 08:54

hxxps://www.sdxenergygroup.com/investors/why-invest/ - Disgraceful that is not updated - even so can monitize pipeline and stop selling own gas?
Something needs to change..

"SDX owns 75% of the only private pipeline network in the country – future discoveries will have to go through SDX’s line to be commercialised"

[ashkv] 27/8/2021 08:49

CEO email-> reidm
CFO email -> boxn sdxenergygroup.com

[ashkv] 27/8/2021 08:49

If you want to contact them here are their email addresses that I have deduced - I believe it is correct.

Be polite and civil -> Request Director Buys, Clarity on Morrocco drills - Resources Targeted/Cost of Drill/Chance of Success, what SDX are doing as market not buying into their strategy and finally company on a treadmill going nowhere!!! How do CFO and CEO justify their high salaries for inept mismanagement? Is their corruption / something underhand in Morocco that costs are so high and SDX persisting with uneconomic business? Why is Waha selling? Are they going to replace their board rep? ALSO POSSIBLY TIME TO SELL THE COMPANY??

[jungmana] 27/8/2021 08:16

The best cash cow imo and cheapest producer on the market is i3e.Cheap growth company in a safe jurisdiction paying good dividend

[kaos3] 27/8/2021 08:08

waiting for ex best rated oil analyst ......

[wigwammer] 27/8/2021 08:06

All these ex bulls turning bearish at a fraction of the price they bought at... sounds like capitulation to me :)

[pjj71] 27/8/2021 08:02

the management never buy shares as they know it is the best way to loose their over inflated salaries...

they will keep the widow maker going for as long as they can.. wasting millions on capex and never delivering a dime to shareholders..

[neo26] 26/8/2021 23:18

Surprised the two joeys are not buyin shares.On top of that we have our top ii dumping.

[gazza102] 26/8/2021 20:22

Agree but how the company is run that makes this a failure, for shareholders anyway

[tnt99] 26/8/2021 20:12

One failed drill does not make a failed company success with a drill will bring back the price good buying opportunity if you ask me

[34adsaddsa] 26/8/2021 19:56

There's zero chance of that happening.

[tnt99] 26/8/2021 19:50

Certainly they need to renegotiate the fixed prices they have got in EgyptAs the current price at 2.85 is way below the market price

[shakeypremis] 26/8/2021 18:21

They've really backed themselves in to a corner here, that's the problem.

[shakeypremis] 26/8/2021 18:21

It's collapsed because Hanut was really a make or break drill for South Disouq, they've got no decent targets left to go for. They are all very small and barely worth drilling given the CoS. Production is likely to decline in South Disouq from mid-2023 without a drilling success next year in SD and even with success in one of the drills (which is all that can be expected given CoS) plateau rate of production doesn't continue for much more than a year after that. They'll soon find that they cannot do their mammoth yearly CAPEX spends as they won't have the operating cash flow to support it. The market is pricing this like revenues drop from mid-2023 onwards. Now they aren't going to go bust, Meseda will keep producing cashflow and so will Morocco but they'll be losing a significant chunk of operating cash flow soon enough if they don't have success in one of the small prospects in SD next year. We have to hope they find a larger target there and pull their finger out and drill it.

[34adsaddsa] 26/8/2021 18:18

Reality: On 31st March 2018, SDX had a cash balance of $29.3M. The current cash balance is $9.1M and the total market cap is $30.14M.

Their record is one of capital destruction.

[tnt99] 26/8/2021 17:34

Shares go up they also go down that what shares do the news on hanut is what has bought the share price down but they had success on other drills and their record of success is not badShould sort itself out in a year or 2

[shakeypremis] 26/8/2021 14:05

If anyone wants management email addresses, PM me. These guys need to be bombarded with civil requests for information on general strategy and why costs are so high for drilling Morocco.

[kaos3] 26/8/2021 13:37

PJJ71- my thoughts exactly

[pjj71] 26/8/2021 13:29

the widow maker drops again...

will be interesting to see if the big guys are still dumping stock...

i doubt the management will encourage any cooperate activity that gets in the way of their lifestyle

I wonder if there are kickbacks from all this capex spend???

[ride daice] 26/8/2021 13:09

IMHO they had ample opportunity during the recent brrmedia update to address the most pressing issue which the company faces => the share price.

I think we need a RTO or an activist shareholder to shake this comfortable arrangement up.

[ashkv] 26/8/2021 13:01

Thx ShakeyCEO and CFO need to be SACKED straight away - They have failed MISERABLY

Also why are SDX hiring new employes when the firm performing so badly - Overpaid underqualified juvenile Nick Box - CFO of such a small operation probably has not much to do as is - and is now likely fully relaxing / doing nothing working from HOME since very recently hiring his below fellow mate from PWC - what a great lifestyle company.

Lucky lazy non-performing parasitic muppets at SDX.... robbing from shareholders to enrich themselves... shameless...

Daan Hanssen
hxxps://www.linkedin.com/in/daanhanssen/

[shakeypremis] 26/8/2021 10:55

Sent you PM ashkv