Member Info for Harts

Slowly slowly catchy monkey, nice steady climb here. I see our resident pumper is back topsharepicks was that your chunky buy by any chance?

Agree with you Furey, if we are patient we will be rewarded one day. With the 12 well drilling campaign and SD to potentially come online before 2020, there's lots to raise the interest of SDX to the market. Then the herd may arrive and appreciate the value in SDX. Even if this was 40p I would still be holding, much more value than people think if SD comes online.

This has a long way to recover and lots of long term holders stuck on high averages with sticky fingers. Try to block out the P and D people like topsharepicks. Won’t be surprised if news drops this week and there’s a spike and sell off. You can see SDX has bottomed out now and recovering back to realistic value which I would estimate around 40p at least without SD and much higher with it. Keep holding firm this is only the beginning.

Think they are buys, just did a dummy sell for 50k shares and got 22.6 to sell. Someone’s loading up!

Nice trades hopefully buys at 23p!

Cheers someone probably reported it because I wasn’t talking about SDX!

Cheers. Yes don’t know why they do that I was just wanting your views. Yeh I thought I3E was overdone and always watched this one but stupidly didn’t put anything in at 12p.

O&W what's your take on SAVP and I3E?

I3E*

So they made you pay less for your bigger trade (47121) than your 25,000 share purchase? Doesn't make sense lol

Fair comment. I lost a lot of profit due to PW as well and should have sold at 70p but hindsight is a wonderful thing.

The reason why none of the successes with the drill bit increased the SP was due to an ii selling in that 50-55p bracket hence why we stayed there for ages.

As for new customers yes will not be easy but it will still add more to the reserves of the company.

Finally you can’t ignore the extra revenue that SD has the potential to bring in and now Welch has gone that will be the end of the lying and overpromising. As they say proof is in the pudding, but I think at 22p there is huge upside just a case of sentiment restoring through targets being hit by Mark.

Older and Wiser info on the drilling programme for you....

"Planning for the drilling of 12 wells in Morocco is at an advanced stage, with the campaign targeted to begin in Q4 2019 and complete in H1 2020. All long lead items have been ordered and all key contracts finalised. The programme will be targeting 15bcf of gross unrisked prospective resources."

"The drilling campaign in Morocco will target sufficient reserves to satisfy existing customers' forecast demands and test new play opening areas of prospectivity across the portfolio."

The margins in Morocco are brilliant we just need to expand the customer base and demand which will happen as Shakey said their success rate has been amazing with the drill bit. Also there are many more lookalike targets at South Disouq, once the CPF is up and running, adding more to the pipeline will be much quicker and easier.

I think confidence would then be restored and we all know what big part sentiment plays in a company's SP. At 50p we had similar production levels and no SD. This next 6 months we will also add plenty more reserves and production. Just need a cascade of updates showing milestones completed.

Thanks for clearing that up Shakey and Daft

Shakey why is it only 80 barrels net to SDX? Thought it was a 50% working interest.

They will happily take 50k shares at 22.1p so decent support on the bid, slowly recovering just need SD to give it a turbo boost.

I don't understand why this goes NT on such small volumes, they should just raise the share price to get some liquidity...... Mr 50k is back, I'm convinced some slow long term accumulation is going on.

The small repeated sells have started again eg 342 and 94. Are these automated sells to suppress the SP whilst mr 50k loads up?

It would seem the big seller over the past 6-12 months is done as previously we would have a positive RNS and the SP would fall due to large sells and obviously the negative RNS did the same. Good to see two positive updates recently and reactions in the SP, even if one of them was a pump and dump. This has got to be the floor where we project upwards from as long as SD stays on track. Even without SD current production and cash is still hefty for a company with this market cap.

I’m already fully loaded with an average of 24p and can’t buy anymore so yes maybe I am bit bias for this to go upwards but there are many long term holders who are still sitting on heavy losses and will hold onto their shares. Fingers crossed the market starts to wake up to the value, we need someone doing interviews from SDX to restore confidence. Mark get your face out there as interim CEO!

Have you bought back in yet?