Sdx Energy Share Discussion Threads

[neo26] 01/12/2023 15:30

The big boys are balancing the books.I think news is close. Need to get back to decent share price

[roman2325] 01/12/2023 15:28

Bit of consistent volume at least - you still emptying your piggy bank Winnet?

[neo26] 30/11/2023 13:27

Yes that is why the share price fell to silly levels, once that cash is in there will be a rerateWe had a stock yesterday which went up 200% on a 800k contract. Mkt cap now 2.5m. Sdx mkt cap 8m when that payments come watch this will surge..

[littlened] 30/11/2023 13:15

Neo,the problem with Egypt was that cash could not be repatriated.We have it and will take it out shortly once the deal is done

[neo26] 30/11/2023 12:45

So theres no investing in any aims company then with your beliefs?, we have oil and gas companies with little cash and no production higher than sdx.Now sdx can concentrating on morocco and they will connect their pipeline with spain. Any shortfall can come from there. Pipe capacity is over 25mmcfd ..I think this is a win win for sdx.After the full year results the share price fell to the lows due to egypt issue, once egypt assets are gone we can relax. We were just not paid on time over their...

[roman2325] 30/11/2023 12:09

Market Cap is not a sum of the parts Neo - they'll burn through that cash in no time. Slow and steady rise from here will do

[neo26] 30/11/2023 10:45

"It is envisaged that the Disposal, if completed, would constitute a fundamental change of business pursuant to AIM Rule 15 - the consideration, as currently calculated in the Heads of Terms, will significantly exceed the market cap Consideration Test threshold..."This is 10m pounds plus. Come on sdx bring on the news on top of that citic will come with a larger offtake payment. Last one was $2m this one might be $6m.Mkt cap of 8m is just too low.

[neo26] 30/11/2023 10:43

Yup someone is stakebuilding.December will be fun.

[chrisdgb] 30/11/2023 10:00

Decent volume ticking through.........

[winnet] 28/11/2023 09:53

well, the realised price on average was 11 bucks including citic, so i'd guess it would be less as they are the largest off-taker, but who knows what their contracted rates are for each individual customer. Does it matter that much? It's a strong price even if its 9 bucks!

[roman2325] 28/11/2023 09:49

Sorry, my point was what are they selling it to Citic at. As mentioned before I wouldn't get into bed with the Chinese if other potential customers down there (which there are)

[winnet] 28/11/2023 08:57

Yes, its accurate, check AGM presentation "realised Moroccan gas price of US$11.11/mcf", no idea what Citic are getting... but won't be a huge discount to what was previously charged

[roman2325] 28/11/2023 08:41

Winnet is that 11 dollars figure accurate? That's the pre Citic I assume..

[winnet] 28/11/2023 08:35

I'm just hoping for a slow and steady rise, taking on new investors as the story becomes clearer and more compelling... Otherwise, we just attract day traders and we'll be back to 4p regardless... seen it so many times...

[chrisdgb] 28/11/2023 08:27

Will double on the day of egypt announcement......

[winnet] 28/11/2023 08:21

But, neo, the importance of monetising that pipeline should not be underestimated... New management hopefully understand FCF is king.

[neo26] 28/11/2023 07:55

Mkt cap 8m, on verge of disposing egyptian assets for over 8m+.Its cheap, you have stocks like bce worth 20m with no oil production.Sdx owns important pipeline in morocco

[winnet] 28/11/2023 07:33

Well, half the problem is being sold and the other half, in morrocco, seems to have a several growth factors which will turn a profit next year ... The gas is being sold for about 11 dollars mmcf, which is a good rate...just got to cut g and a and capex

[hsfinch] 28/11/2023 07:21

It dont make money. And it dont have cash for meaningful investments. Stay clear.

[neo26] 27/11/2023 19:06

hTtps://www.share-talk.com/malcys-blog-oil-price-san-leon-energy-europa-oil-gas-sdx-energy-coro-energy-finally/"Financing StrategyThe successful execution of the Company's Corporate strategy in the short and medium-term is contingent on the effective divestment of SDX's Egyptian assets and executing on the management's funding strategy. The Board remains confident that it is on track for the Egyptian sale as per the Company's earlier guidance and further announcements will be made once definitive legal documentation has been signed to effect the sale."Still on target to sell by year end. Nice...

[neo26] 27/11/2023 18:24

Problem in egypt was the receivables, we were not paid on time.Gould is an entrepreneur and has successfully built companies and sold them.

[winnet] 27/11/2023 17:44

I just hope and expect 1. There is no bloodsucking debt or equity raise tagged onto future announcements. and 2. The money we get from Egypt is invested wisely in accretive wells and projects. Surely not too much to ask.

This is currently a loss-making business

First management options are at 12 million cap... thats a 50% rise from here...

[neo26] 27/11/2023 17:35

"Additional HoT for a larger prepayment transaction to be agreed and planned to be drawn down by early 2024"Looks like this will announced shortly too with the Chinese.Sdx delayed there strategy announcement until they knew what would happen with their egyptian asset. Cant believe mkt missing the beat with this one..

[neo26] 27/11/2023 17:25

Winnet, the cash injection greater than the mkt cap will help the share price short term.With todays presentation they list the companies plan. Its without doubt now that egypt asset will be sold. Ita totally out of the presentation.Alot of progress would have been made.Still maintain it will be this week or next.