Member Info for Chislehurst

Another £40k of HUR in the ISA's. Hope the missus will thank me one day - she hasn't forgiven me for £20k of SDX last year...

apologies I cut myself off, I was going to say that I doubt any takeover will take place because PRD are too small for an ambitious company like SDX. I think SDX will look much stronger from early H2 onwards when material growth should be start to show.

Watch out for possible links with PRD who have got a licence next door to SDX in Morocco. In a recent Audioboom interview CEO Paul Griffiths mentioned that they will be contacting SDX re possible synergies e.g. sharing rigs. If PRD do well with the drill then SDX might be interested. I don't think anything major will come of this because PRD are too small for an ambitious company like SDX but you never know....

SDX are mentioned at 5.45mins and 6.20mins

https://audioboom.com/posts/7207628-predator-oil-gas-highlands-natural-resources-widecells-group-iconic-labs-and-john-meyer

Producing 3,408 boepd as at yesterday is a far cry from the much proclaimed 8,000 boepd by year-end. Appreciate when you are dealing with foreign governments you are going to get delays but PW didn't help matters last year and he has been judged by that (i.e. missing target). Let's hope SDX can swiftly get things moving before end H1 then the shareprice will get the re-rating it deserves.

Enjoyed the podcast, this is a good forward looking company. Will be interesting to see if SDX start to take notice as they are on the acquisition trail.

I think the helicopter might struggle to take off if Malcy was aboard...

https://documentcloud.adobe.com/link/track?uri=urn%3Aaaid%3Ascds%3AUS%3Ac51e2dbd-24fc-49d5-8c12-c1bb01132d63

Edison Wells to watch in 2019. Hurricane / Warwick could be a monster.

ok mate - no worries - Cheers

BlooBird, try Webull - it's free and live - takes a while adding your simulated holdings / price bought but it's worth it for mobile access. Better than Telegraph imho.

There should be a HUR action group (or rather inaction group) so that shareholders can be persuaded not to sell their shares when the first offer comes along. It's always tempting I can appreciate, but Faroe was sold far too cheaply because of shareholder short-termism.

I hope so shakey, he messed up a bit imho

jag11 - I don't doubt that at all. I'm simply questioning why it will take longer now to get production up to 8k when they said they were ready to go in Nov for end Dec target. Now they have sign-off I would have thought they could hit this target by Q1 not H1. Cheers

The reason why the shareprice is where it is, is because PW over-promised 8k boepd by y/e 2018 and he under-delivered. He was still churning out the same mantra into November even though approval had not been granted for SD...If they now have sign-off why will it take until "by end of H1" to get production up and running when it would have only taken a month or so previously. The City are quick to punish false promises. It will take confirmation of increased production to get the shareprice motoring again.

Jag11 that's exactly the point I was trying to make - how can trades worth £220k change a shareprice by so much - it's weird. I've been around the block a few times so I'm not a novice.

Closes up 19.59% unbelievable - that's a bigger rise than when we made all those oil / gas discoveries. But I note we are still lower price than this time last year. Let's hope this is a sign of things to come. SDX so undervalued.

I suppose this is a good response to those who question how the shareprice can fall on small volumes. It also rises (on occasion) on small volumes too. Tempting to buy 10 x £10k lots then put in a 1 x £100k sell. Would have worked this morning at a good profit. Strange activity for SDX, perhaps news is on the way.

Well done reverandy for organising, I can't wait to donate....i.e. will mean first oil achieved.

Managed a <100k top up just inside the spread - a buy at 3.6975 so don't believe the spread on LSE.

Good reporting amnesic!!!

I would change your financial advisor if he (or she) is going to make wild claims about an aim share. Those of us who are invested here know we are onto a good thing but I am sure that any decent financial advisor wouldn't make such a statement. I hope he's right, but don't hold your breath...