Member Info for Ginoir

Yep, and even without the (unnecessary) usual antics of our resident boiler room crew.... just going up because the market works.

Katev's LinkedIn profile says he has been an Advisor to the Board of SDX since June!? That profile shows he is a serious finance dude, but also a former Bulgarian politician...

Thanks Littlened. Still holding here, not pleasant with the steady decline in SP over the summer (on low volumes, in an illiquid share) but with the expectation that we will start an upward march again the day they can finally release some of the anticipated good news.

I guess back to the pre-gazumping attempt level, when the fear of a new, higher TXP bid (now seemingly quashed) arose...

Yes, fear that we would increase the offer was one of the main blocks on SP upwards movement for the last month or so. Onwards and upwards! PB also took the opportunity to remind all of the upcoming expected positive news flow...

Reported by Enverus (reliable, paid industry news service) today that SDX are looking at another BMK shallow gas well, to be spud in 2H 2024.

RNS this morning, they all bought as part of employee scheme

Thanks Kever, still have fingers crossed here - but goes against the email apparently sent to Cassius40?

4 actually planned as I understand, plus 1 contingency, to be decided later - but as they are getting the material ordered now it would presumably be drilled immediately after the others, if they drill it.

They are buying long lead items now for drilling of CAS-4 and CAS-5, I do not know exact drilling schedule but they want everything in Trinidad by end Q3, so presume Q4 drilling. There are then 2 x 2025 CAS wells - plus one CAS contingency well, plus one COHO - for which procurement of long lead items is also already in motion, but with less urgency of supply (which allows cost savings). So, TXP planning is in line with others' recent educated guesses regarding required/expected drilling to meet targets...

But latest update on there is from March...?

Hi Kever, have you heard any more? I got some comms from the administrators before but nothing recently... Thanks

And right now there is a gap up to 38 from 36...

Yep, a WALL of blue again now, after what I guess was a little profit taking early on by day-traders... Not saying we are going to keep flying back up again today (though we should, based on all available info), but I can see us ending a little blue, at least...

Please read some RNS's. Material changes sInce 3Q 2023, so 1Q 2023 comparison kinda irrelevant.

Yes, Trek, at the risk of sounding like SirMark, bless him, L2 support suggests a fairly easy rise from last week's floor back up through the mid 30s for a start, the last remaining 33 ask will soon be 34, for example.

Nevermind CAS-4, they are currently also procuring long lead items for CAS-5 (along with COHO-2) drilling in the summer. The same tender also covers materials for CAS-B1, CAS-B2 and contingency quantities for a further possible well, but for later in the year. Now a tender is not the same as a purchase order, no guarantee yet that they will definitely drill all these wells, but it is clearly a strong possibility.

Thanks for this positive news, Kever.

No prob... happy to wait now for a return here, at least as a producer there is now a floor somewhere, unlike with some of my other, pure exploration oilies...

And the deal is less appealing to TRIN every day, so you never know...

Touche... I admit I did not see the TRIN proposal coming... But I just see that as something of a sideshow, the value in the core TXP assets is still there.