Sdx Energy Share Discussion Threads

[trulyscrumptious] 20/4/2017 17:42

Up 10% in Canada.

[neo26] 20/4/2017 17:19

Look at all those 100k trades, definitely ii..

[pauliewonder] 20/4/2017 17:14

198k buy recorded after hours

[deltrotter] 20/4/2017 17:13

He has that....!

[soulsauce] 20/4/2017 17:08

Yes but he has been kind to us so far, I am not used to that.

[deltrotter] 20/4/2017 17:06

I think he was suggesting that the trend is one that extends far to the West - eg. the rest of South Disouq.

This is they find oil here, you might expect there be other similar zones all the way back through the licence. That is the area they have not done 3d on.

All speculation at the moment.

He highlighted the risks, but he also seemed quietly confident IMO.

Only one person really knows at the moment though, and that is Dr Drill....

[soulsauce] 20/4/2017 16:59

Thanks del. Just viewed it again, sounds to me from what he is saying right at the end is if we do find oil, as with the gas, there is an awful lot more to go for just in this 3D section area.

We could be talking multiple 100m barrel targets.

Ooooh I could crush a grape ;-)

[deltrotter] 20/4/2017 16:47

Cash, further to your point earlier about the oil potential increasing INTO the licence, PW stresses the same towards the end here doesn't he?:

[pauliewonder] 20/4/2017 16:41

Its good risk reward. We miss and the price might initially drop to then be much higher in the coming days / weeks afterwards. We hit, then fireworks. This should be £1 at least as we stand.

[cashandcard] 20/4/2017 16:39

I think interest will grow towards a result within a couple of weeks or thereabouts.


Cash

[neo26] 20/4/2017 16:35

DsmithIt will climb higher tomorrow..

[briannewby] 20/4/2017 16:34

dsmith57; currently 1.09 C$ = 0.63 GBP

[dsmith57] 20/4/2017 16:32

This was totally manipulated for large parts of the day. You were unable to buy online for much of the afternoon and the price was clearly held back fo some reason. Not happy.

[dsmith57] 20/4/2017 16:25

Up 9% in Canada??!!

[neo26] 20/4/2017 15:11

captain

that's what I have been saying, the first horizon is close or they are probably their, sdx will have inkling if this will be successful oil find way before hand.

Famous saying, wouldn't want to be out over the weekend!!

[captain james t kirk] 20/4/2017 14:41

cash
Admiral Welch stated "we think we will be through and logged in about two weeks from today, barring any unforeseen trouble drilling this deeper section." That was on 18th April.
They got down to 7,700ft Abu Madi TD in around 24 days- lets say rounding down 300ft per day. The Abu Roash and AEB targets are at 10,300 ft, so 2,600ft to go. The first horizon is about 1500 ft below the Abu Madi
The final drill will be slower (hopefully for lots of good reasons) than the 1st section but they will be hitting the first horizon anytime in the next few days and certainly by Monday.
That doesn't necessarily mean that we will get a release but you never know.
One things for sure, PW is reliable and gives out good and accurate info to the private shareholders.
It's refreshing.

[cashandcard] 20/4/2017 14:40

neo26,


It will come. There is only so long the market can continue to price others far in excess of this. Many others are priced on nothing but their landbank and potential. SDX will catch in due course.


Cash

[neo26] 20/4/2017 14:30

Even if oil is not there, the gas find derisked other structures which are similar in the block.This should be trading around £1.

[cashandcard] 20/4/2017 14:13

If they really want the shares, they need to increase the price. Its simple, the gas-find is the insurance policy (actually more than that) - it strengthens the fundamentals as we move forward and will no doubt interest hnw and ii's to SDX. It definitely makes the case here more compelling than it was before.

But the next move here is like an ace-card, the buzz around the possibility of oil within 2-3weeks will attract many.

Even if the oil is not there, this well has delivered its main objective, proving the southerly extension of Abu-Madi gasplay in SDX's license.


Cash

[neo26] 20/4/2017 14:05

So that doesn't mean they effing don't let u buy for over hour..

[puzzler2] 20/4/2017 13:49

It will be the traders who panic and get caught out, not the longer term investors. My broker made clear "this is a market maker driven stock", so hardly surprising that they punt the price around to get some stock shifting.

[sja123] 20/4/2017 13:46

Two top ups here in the last hour....couldn't buy online for either....all buys being referred.....

[deltrotter] 20/4/2017 13:45

It was led by the market maker CFEP - they are looking for stock to fill a large buy order IMO. It proves quite easy to shake out sellers in SDX....

[neo26] 20/4/2017 13:39

Wtf, back up!!!