Member Info for legache

Astoihing level of insight from the pros here...

"there is the potential for inorganic investment to add growth assets to the portfolio. Success with this reinvestment in exploration and potential portfolio expansion will be key to the value proposition."

So, buying a decent asset could help the business...

Jeez.

Might phone the guy and ask him about his methodology. There is no real insight about how hes moved from a 13p vlaution to a 19p one in 2 weeks. Let alone what the 44p upside represents...Finger in the air stuff IMO.

yes, but the share price has fallen in the same period from circa 17p to 8p.

I was a buyer in 30s not so long ago...

Trouble is Ned, it's paid PR

Oh well. Small top-up from me. In for a penny...

Hope i don't keep catching the falling knife like this...

I am not sure what you mean by "being impressed" at the end of the day, it's all money. Maybe you mean SDX mgt are not being ambitious enough. I agree with you on that... TBH They don't have to be impressed they just have to stop selling. Yes, it's not a 100 billion barrel asset, but the risk is lower and they are less costly to drill.

Hmmm, really? So they are adding on 50% for these two wells. Jeez...

I mean, its good news, but would love to see the math...

Where is the BNP increase to 19p? That can't be right... they had it at 13p jut 3 weeks ago... See: https://wp-sdxenergy-2020.s3.eu-west-2.amazonaws.com/media/2022/03/Exane-BNP-Paribas-Research-Note-22-Mar-2022.pdf

they said that they haven't got sufficient cash to start it now...

The future of the business depends upon successful drills and getting new management in to do some better deals...

Thanks, misread the form then.

I guess they, like us, are fed up with inept management.

Didn't R and M just announce they are onboard. Good news surely! New holder with significant experience and influence.

If you call, vomiting a pro Brexit message as being "on fire"m then maybe he is.

I would call it something else. Or maybe I'd simpy call it "wrong"

Lets hope his analysis of JSE is better than his understanding of inertanl business!

Share price 47p. Hmmmm

Can't buy any except by NT....

They said cashflow. But I don't understand as they have millions in the bank....

to say they recognize shareholder concerns, but 1. They haven't put their hand in the ow pocket, so why should we? and 2. Words without actions are meaningless. A 3 million buyback will not generate the sort of shareholder value that has been eroded these past 3 years...

Real value lies in a growth strategy... what does it look like folks?

15 billion cubic feet of LNG...https://www.bbc.co.uk/news/business-60871601

I think i might soften that one, Barhut.

Shame they won't let us attend an in-person Q and A. Much harder to deflect questions in such a setting.

Not bad. 40% cos...

My prediction. Based on every other good news day. 10% rise before finishing level, or slightly down.

Ned.
I am fairly confident the board do not know anything.
Literally. Nothing.

Do Auctus have any idea on oil prices. If the oil price is 60 bucks in 2023, i'm going to be eating beans on toast for the rest of my life.