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They are only producing 2.5mmcfd in 25% share is to moroccan govt.
They need to find bigger gas resource. Lets see if the 50bcf comes in...
Agreed. The assets (existing and potential) are one thing but there is a step change in intelligence and clarity with this new(ish) leadership group.
Very positive for me.If their plans ever get to near their potential then I think SDX will get taken over but for now its looking good . I will be adding .Even Malcy might approve.
Sorry to be terse .Transact is an Investment Platform for individual Investors via IFA's only.
Oh. Okay
Thanks.
No
Transact nominees are the aleaph consortium, aren't they?
There has been some solid buying in recent days with no effect on the share price
Which social media platform bid you see the information about the additional gas discovery?
Then there is no justification for the delayed RNS. Not only was this info clear days ago to SDX and others in Morocco/connected to the drill, but they announce themselves on social media a couple of days before the RNS? Gee whizz...
In the old days an RNS like that would send the share price into orbit. Would be interested to know if this was planned all along ... Guess we will find out on the 9th!
What do we think all think re results?
I'm fully out ned - good luck to you fellas - financial results should be out very soon.
It was announced by SDX on LinkedIn yesterday.
"SDX Energy was understood to have concluded drilling operation.."
Well going by the spud date, target depth and drill rate of the the other drills I could have also speculated that they have finished drilling operations by now.
Enverus, a paid-for, highly-regarded industry intelligence service, it will be accurate (not that they say anything sensitive anyway)
Hi Ginoir, do you have a source for this please?
Reported today that drilling completed, so expect RNS soon...
SDX - Beni Malek 2 - Rharb Occidental - Drilling operations concluded in onshore Gharb Basin appraisal well
In late April 2024, SDX Energy was understood to have
concluded drilling operations in its Beni Malek 2 (BMK 2) appraisal well on the Beni Malek Sud-Est exploitation permit, located in the Gharb Basin. The well was spudded on 2 April 2024 and had a 1,470 m
PTD. BMK 2 is targeting three stacked reservoirs in the Miocene Guebbas Formation and is appraising SDX's Q1 2020 BMK 1 gas discovery (1,551 m TD) located ~1.5 km away. BMK 2, if successful, will be tied in and
brought onstream. Drilling operations were carried out utilising the Star Valley Drilling #101 rig.
Where is Smelly ? Has he stopped trying to get the price down ?
The tide has turned.First time for ages that an RNS has lifted the share price
So the final payment, due before september is for 2.2 million less 1,4 million in escrow for tax liabilities. "settlement of any tax liability (if any) in full."
Does anyone know how much tax we will pay? It's just a strange remark "if any" to make in the RNS if they're paying 1,4 million into an escrow account.
Looks like we are fir real, barhut. 🎉
Another confirmation of progress, short and to the point. Onwards and upwards hopefully.
Are you two for real.