Sdx Energy Share Price (SDX)

These are the questions I emailed in;

1. Will/is SDX consider/ing alternative methods to increase sales in Morocco such as selling gas in to the large bottled gas market? For example by building their own bottling facility or selling gas to others who would bottle it for sale. Failing options like the aforementioned, how is SDX going to increase sales in Morocco?

2. Will SDX look to reacquire the recently relinquished disposed of Southern area of the South Disouq concession? If not, why not?

3. Can you offer any comment on why your partner IPR in South Disouq declined to participate in the recent successful drill at Sobhi? Will they be participating in any future drills? How will you drill Young without them? Is there scope to get another partner if IPR no longer participate in any more drills?

I have emailed asking...

Q) when will SDX return cash to long suffering shareholders and how?

Q) how the board intend to move SDX forward and increase it's share price?

I would love to know...

At what point will SDX revenues be dropping into the bottom line to bolster cash.
When will the write downs stop...
When will a dividend be paid?
What do the board feel was the main reason for the share price falling from 70p to its low of 12.5p..
What are the board doing to repay the patience and pain us shareholders have been feeling since then.
Are there any M&A opportunities in Morocco or Egypt that would compliment our existing infrastructure .

Most of all... I would like to know more detail about that Weasel Paul Walsh and on what terms he left. Did we pay him off?

Looks like you are right, not really competent enough to comment on the figures in detail. But in general terms very cheap, and this seems to be reflected in the last few days with some buying activity. Actually sufficient buying to firm up the price - whether this is the start of a share buy back or a more general improved visibility of the actual value here who cares.

Top end guidance for the year is around 7000 boepd. Can anyone tell me how to work out what 1 boepd is worth, obviously this will fluctuate. I know 1 boe is equal to 6 mcf but we have large varying gas prices from SD to Morocco? Is it just more accurate to times our oil production by average oil price of $43 and SD production by price of $2.85 and Morocco production at $10.33 (figures from Q1 report)? Net cash for the quarter was $6.3 million so net profit of around $25 million for the year and we will have less capex going forward as reduced drilling. So I make a conservative estimate for projected earning from Q1 of having a P/E ratio of about 1.8 does anyone have any other estimates for 2020? With a market cap of £38m and 8.8m of cash seems as though this is still very cheap. Also as I said capex shouldn't be as high going forwards and increased production expected at SD with the tie in of 12x. Only downside is low oil price for NW Gemsa and is probably now uneconomical.