Member Info for Chrisdp86

I think we shouldn't expect anything too positive share price wise until September when Sobhi is tested properly.

Prior to this, adding some decent cash to the balance sheet in the next set of results will show the positive effects of south disouq however with Covid-19 reducing customer consumption I am really unsure what to expect from the half year results

miles off highs... absolutely miles to go here... pitiful market cap

boom!!
took out a £50,000 a point spread bet this morning when I noticed the move.. just closed out at 1p.

Still holding my shares though....

really good week. miles off where we were previously and all the chinese fund raising. Surely the Chinese are looking to pick up stock this cheap when they've alredy thrown multi millions at this at much higher prices.....

yes the comment about the "frothy" valuation was concerning....

There is clearly value here but I'll have to bring my average down a fair bit more if I want to make a profit from this share ... Unless the news in September is signifnactly positive and they also have more success wth the drill bit.

Overall I have confidence in Mark that he knows what he is doing... Hopefully we will at least reach out NPV of 80 £million which is still a fairly sizeable increase to our current market cap

so far - Sobhi geometrics and similarties to potentially 5 other drills which they anticipate could add up to 70 BCF of gas : )

interesting comment - SDX is valued at 1.9x 2019 free cash flow !

Way undervalued.

would be great to hear the commencement of a dividend or share buy back with the new free cash flow? That should send the share price rocketing surely?

Is that even viable? Or do we need to consider M&A to move the company forward?

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?

I think you'll find the chart ... with a few green shoots is now looking ripe to go on and beat 60p within a few months. Buying this morning as expected..

Nice bounce above 4p this week. Glad I got in when I did... now... when it sell?

Rubbish

Look at the charts...
Almost exactly the same spike and movement down in early 2016. By the end of the year the price was 90p

I wish I had some more cash to buy today. Ridiculous opportunity to make life changing sums

Tbf if you were asked to contribute 6.6 million at 60p after it had been 20p a few months prior you would tell them to take a running jump !!

PS I still think this will hit at least £1 this year

Shafted?
this is what happens when companies have the ability to raise funds without going to market...
Someone sold over Tuesday and yesterday in order to raise funds and invest in this at a far cheaper price which is illegal.
Or... someone knew about the placing price.. which is also illegal.
Will anything be done about it? No

quite frankly there is likely to be substantial profit taking here.

I am not giving up shares on this tree shake - I can see this hitting £1 a share by the year end as soon as the next round of funding is announced. Wouldn't surprise me if the price is being dropped to let investors get onboard!

Yay! More enquiries!

We just love those enquiries !.... nearly 6 months of them now