Member Info for KeithR39

It's been said that Paul could hesitate between stock dilution and debt because debt can increase the risk of commodity price fluctuations. This risk can be controlled by using hedging tools to fix forward contracts prices over time...I would be very disappointed if they do not balance all this...

Juste, I do agree with your scenario which seems to be the most probable. The prospect of a new entity has not been raised by me. I've read that BP could make a spinoff to separate the assets and create a new entity that would lead to an exchange for SDX shares. Not impossible, but I personally think SDX shares will remain. All has to be seen with the deal details, if it happen. And as jag says, this board is not of the "name throwing" type :)

sorry for the wording, I'm not an english man in new york...have a good week end all, try to forget about next week :)

jag, yes I think it is possible to resume trading for a while before a delisting date. SDX stock would be converted in a new entity, but it would not take out SDX value before that date. Something like that happened to IAE. I don't want to get back into the details, but basically, It resumed trading for a couple of weeks before delisting date. It was a takeover offer, many people misunderstood the takeover rules and thought the remaining shares would go to zero at delisting date when in fact, Delek had to buy those remaining shares that did not accept the offer. I loaded up at that time and made a tone of money with that. But here, it is another scenario and we have to wait for the details to see what will happen...

Once the deal is published, the stock can resume trading during the vote process. It did happen in the Ithaca story. It that case, it was an offer from Delek to buy all shares.

Mr Yorkshire has reconsider, he says SP can't be zero because deal needs shareholders approval...

If the BP assets are acquired with debt and no stock dilution, or a mixt, and already generate 70,000 beopd, the following quarter results will show a HUGE revenue and profit jump. And this one will be partial, the next one will include full results for the whole quarter...

Just to make sure everybody have the good perspective when the stock resume trading...

It's been frustrating for us long holders to see this steady trading in an undervalued range given the constant success of SDX since a year or so. We will have to keep our head cool and look at the facts. NorthernMagic could have it right, this could be a lifetime opportunity. Don't forget that Paul wanted to bring the company at a much higher level and then sell it. And I bet it won't be at the coming opening price...

UKOG was $8 a year ago, what happened?

NewKOTB, we talk about this seller since months, been even mentioned recently by Paul...He's surely in the millions range, so, it could take some time to get him out, or a new large buyer coming in, which is fairly possible with the kind of growth we have now. With the pipes getting connected in the short term, it could be sooner than we think...

jmo

Right Urraca, that's the question in my mind since we talk about a mysterious big seller. This seller must be in the know with the company, why would he/they sell now just at the beginning of the best growth phase? financial needs? who knows...

Right shakey, sdx is a strange animal...btw, I love your gouvenments definition ;)

Usually it's a good sign, they may have find a buyer for the big seller, they have to do it on the market at the market price. Sometimes MM's manipulate the price to have it done where they want it. And once the transfer is over, the SP climbs back up...usually...

from past observations

In my view, two things:

1- Large investors add a geopolitical risk factor with Egypt and Morocco. It's a "show me the money" situation,
meaning a few months delay in the reaction, but time will eventually pay, imo.

2- This obscure large seller. We don't know how much he has, but with that kind of growth, bigger investors will
eventually show up and swallow him whole, jmo.

Today's news confirm an self-financed fast growing company with no debt, time will win. Those who wait for more confirmations will pay a much higher price, that's the kind of business they're in...

jmo

hey sims, sdx stock has tripled value since about two years...And if you answer me to look beyond, I will tell you to look at the energy sector since 2008, with a false start followed by the 2015 oil drop...I think Paul & team have added a lot of value since a year or so, which will unfold in the coming months, just my opinion...

"The rest of our portfolio of assets continues to perform well and I look forward to updating our
shareholders on all of our activity when we release our Q2 results on August 28, 2018.”

http://www.sdxenergy.com/~/media/Files/S/Seadragon-Corp/press-release/press-release-2018/20180817_SDX%20Press%20Release.pdf

shakeypremis, if you translate it back to a thousand cubic feet (Mfc) you get about $6.38 USD, which is a pretty good price to me...

Very good overview southmead, thanks

IMO, the market doesn't understand what's going on with all those results coming from all sides, but the revenues will kick in pretty soon in the analysts spreadsheets...

"If the company has great fundamentals and undervalued then buy and stay." Exactly why I'm here! I think at some point they will receive a serious bid offer like it happened to Ithaca, imho...The pop on the CDN market is probably due to the Schachter interview on BNN as mentioned before. Many action coming ahead anyway...