Member Info for Jungmana

From 21mins should anyone missed it https://audioboom.com/posts/7226886-sdx-energy-block-commodities-and-malcy-on-o-g

Jinx listen to the CEO on the 38mins investor conference call held on 3rd April . Is on the website

Yes hold tight. 5p today and 10p short term target. If Brazil farm out comes in expect 20p .

70M boe is a lot for char and that could easily be doubled . 20p value on that alone

If anyone wants more information about lixus licence listen to the investor call presentation of 3rd April. Is on char website

The main reason that repsol walked away was due to the size of the discovery and priorities elsewhere. They were looking for multi trillion gas find and found about 400bcf. Is small for them but big for char with potential to increase the resource. We could be talking 1tcf of gas soon

There you go. 95% of our $18m is free to use as wish. 8 to 10p short term

$7.6m and out of that $4m released since. Got 2019 figures?

Ok seen it now. But as Precious said $4m of that has been released. With $19m in hand have nothing to worry about here.

Can you post a link to the rns which states that? Have check the 2017 results rns and nowhere does it say $7.6m held in security. Stop making up crap

Is just his invention . A lot of the cash in hand is from the 13p placing. There is absolutely zero restriction on any of it.

Bank guarantee for what? You talk rubbish there. The company has $19m as of end of December and can use it as and when they want. Most of that money was from the 13p placing late last year.

$19m cash as of end December. Right now my guess about $18m in hand. Annual spend is about $4m and that should be even lower with the cash conserve efforts made in last 6 months. So talk of placing is rubbish. Onwards and upwards to 10p short term imo.

We may see 5p bid today. Looking strong

8 to 10p before April runs out imo. Too cheap today

With more cpr news to come short term. Will not be surprised to see that 20p this summer. Overall target for the company is 155p. Amazingly cheap today

Add the cash and other highly valuable acreages in Brazil,Namibia and Morocco and no wonder Finncap have a 155p target overall. Yes 155p!

And the new lixus value is going to increase further with more cpr news to come short term. 70M boe is a lot of gas

4p to buy now. Onwards and upwards. 8p to 10p short term target

That's a superb summary there. Thanks