Sdx Energy Share Discussion Threads

[cashandcard] 24/4/2017 09:01

AEX will take an age to bring that gas to market. SDX is a quick 3month flowtesting to sales lead time. That's pretty rapid cashflow.

Also, please keep in mind, whilst the Gas discovery RNS does not mention liquids, the upper and lower Abu-Madi sands in this trend produce significant amounts of Condensate. A flowtest should prove composition. I'll be stunned if there are no liquids in these sands.



Cash

[hiddendepths] 24/4/2017 08:57

MMs seem to be covering at least part of their shorts this morning.

[deltrotter] 24/4/2017 08:57

ABSOLUTELY guys.

The buy case is a simple as that I reckon.

[soulsauce] 24/4/2017 08:53

Plus all the gas we are going to add in Morocco over the year to be sold with nice large profits.

[neo26] 24/4/2017 08:50

Look at aex today, resource estimate increased to 466bcf, great news for them.. Mkt cap in excess of 200m.Sdx believe they found between 150-300bcf here and possibly doubling in the surveyed area.We can get production live within short period of time.Don't forget we have other material asset which are making us plenty of dosh!!!..Strong buy..

[potential] 24/4/2017 08:45

Sake as expected now watch the rise....

[thelung] 24/4/2017 08:17

Oil in the cuttings over the weekend?

[plentymorefish] 24/4/2017 08:08

tbf, you can buy in size at 70p and can't get a firm quote to sell, much the same as the start on Friday. Lets hope it then unfolds like the rest of Friday!....:)

[neo26] 24/4/2017 08:03

Nice.. Start..

[pauliewonder] 24/4/2017 08:03

Morning SDXers, onwards and upwards, good start

[someuwin] 24/4/2017 08:01

Should see £1+ this week whatever happens - imo.

[deltrotter] 24/4/2017 07:52

Typical PI strategy. If it hits £1.30 (and I believe it will), it will be going a lot higher.

You should be buying more at £1.30, not selling.

Sigh...........

[potential] 24/4/2017 07:48

In fir a MASSIVE week here at SDX sit back and take it all in .... not selling a bean till £1.30!!!

[niceyman1] 24/4/2017 07:05

Rns last week said company would provide further updates. Cant imagine if oil is found not reporting straight away as someone would spill the beans. My bet is an update in today or Tuesday.

[cashandcard] 23/4/2017 23:40

I have another 1-2weeks pencilled in. The longer it takes, the better.Cash

[neo26] 23/4/2017 23:37

niceyman

to be fair PW said last tuesday that they will reach TD and log well by 2 weeks if there is no problems.

So three horizons, Last, Monday morning gas news was released so i make it 4.5 days per horizon/logging. My guess more than likely cross first horizon but news will be released when they crossed all three horizons.

[niceyman1] 23/4/2017 22:55

7 o clock rns?

[neo26] 23/4/2017 11:57

By now the company will know whether they have encountered oil or not. As the first horizon will have definitely been drilled.... ;-) PW is confident by next week all 3 horizons will be drilled and logged. As he said "watch this space"... :-) The speculation may take the share price to £1 this week coming.. Gla

[neo26] 23/4/2017 10:18

This well was almost a free carry, as of Feb, they had $18m in cash, $16m in receivables and no debt. Company only valued at 117m.

The share price will increase alot more for sure..

Imho

[neo26] 23/4/2017 10:13

Before last week gas discovery, the company was still undervalued. The company has strong balance sheet.

What's interesting to note and many have not grasped is that the current gas find has significantly de-risked 3-4 other structures within the 3d, company believes they have upto 600bcf in this small area, only 25% of the concession has been surveyed once the remaining 75% of concession is surveyed I believe the gas resource will massive increase.

I have not factored in oil cause that is not confirmed, but they believe 3 horizons in this current well are oil bearing.

Plenty of potential in South Disouq, while we wait for this to prosper our other assets making us good money.

Even worse case they find no oil, the company has successfully completed its primary objective of striking gas.

[griffin81] 23/4/2017 08:15

Napoleon, Buying in two weeks ago makes you still early to this stock, big institutional buyers were joining the party on Friday afternoon in London.The company is going to achieve net cash generation of £31m in 2017 and £41m in 2018 from existing generation. The M.Cap is still undervalued based on current cash generation and it hasn't even priced in yet the gas discovery from last week. If oil is discovered in the next two weeks then all bets are off. The story here, whilst good so far, hasn't even got going yet.

[milliecusto] 21/4/2017 21:46

Seriously blueball....really!

[thegreatgeraldo] 21/4/2017 20:40

vanmorrison - you do use some whacky metrics over there for E&P cos.... m/cap per flowing bbl & stuff like that! ;-#))

[blueball] 21/4/2017 20:21

stay long.