Member Info for barhut

If oil drops to mid 80 this will easily drop to mid to low 40s. Hedging oil limits upside makes big downside. That's a fact. Just hope oil stays or short term pain coming

There are no words to explain how stupid these guys are.

Rns s not impressive again. Sp tells it all. How 3 million going to benefit shareholders . It's not the management again showing how incompetent they are. Looks like another year of keeping there heads above water with no cash .

Jefferey . You are correct. Limited upside due to hedging. It keeps the company going but that's it. If oil drops this share will move down just like others. We need production improvements and new projects to move this share. People are very small minded when they say hedging is good for this company, this would only work well in a bearish market which to me and others isn't going to happen. Management were spooked by the oil crash and jumped in and now probably wishing they did not hedge so much.

The big worry if oil drops back to £80 pb , sp could easily drop back to early 40 s. Hedging does nothing but hold back on bull runs in oil but easily falls when it gives bearish. For many holder will be thinking like me to sell now or hope oil doesn't fall.

Gold and silver going down this will not change direction. Everyone talks so much crap looking for a article or report that says the opposite. In reality it is what it is. I will put these share away and hope in 3 years we have improved production and back around £9 .

Demand for silver is very subdued . Unlike other metal commodities . Seems to me to much of the metal . Is this drop today to continue .

Hmmm hedging is why the sp is where it is. Oil goes up Tullow won't move much. Oil goes down Tullow goes down. Tullow panicked and hedged into a bull market. This will stun the sp until the contacts run out. Also declining production does not help.

You always know when the rns is not great when covid is used in the start. Covid the worlds biggest excuse. This share is one for the future but not know.

Just looked at rns. Have to say hedging has not done this company any favours. Who hedges at the bottom. I think management were spooked into this and now probably regret it. This sp will not go anywhere until new ventures take place.

Again a day of selling. This can't be day traders has to be someone reducing. Need a positive rns asap before we head bearish again.

Lot of selling again. When will this stock turn bullish. Oil and gas prices will continue north throughout this year so hopefully this will eventually help.

Interesting holding today.

For funds to sell at the bottom shows frustration with company. Explains why this share is where it is.

Hmmm.

This has to be the most trading I have seen on this share for a few years.

Shakey, it is true what you say . To many people giving false info, but if they can repeat there drills across the year thus all helps for survival going forward. Lots of trading today which is great to see. I am a positive person but do struggle to understand the management of Sdx hoping the prove me wrong. May this be the start of a bullish year for Sdx. Only need 30p to break even, so here's keeping my fingers crossed.

Bloody hell. Where does all this selling come from. Needed to get above 10 p to continue to 14 where last major holder reduced. Let's hope for a good new year. This stock really needs it for long time holders like myself. Fool or no fool, time will tell

MMS hate this share. Brought it down to low of the day on 10 pound ut swap.

Good to see more transactions going . The more trades the better