Member Info for maestro1

We dont mind, talk to your broker they may have buyer for your shares. ;-)

Bit suspect you lettin ppl know you duping £300k worth. Lol

Ned

Of course, they own alot of infrastructure for that.

You own £300k worth?

With the cash injection of $10bn coming from IMF, $30bn coming from UAE and $8bn coming from EU, the egyptian economy will soon stabilise and you will be able take $ out of country.

SD is cash generative, once money is able to move out of country its gonna be good. Lets just say they cant pay bills cos of money stuck in egypt, they go into admin and sell off assets. I bet they get alot more that £8m for their assets. We already been offered $6.9m for West Gharib. South Disouq infrastructure has value, they wont just sell it for free.

Ok Smellyben..

Unload..

The board have also said they are trying to agree larger payement with Citic for upfront gas payment.

Smelly, in jan they stated they have agreed price for WG and said they are close to agreeing SD. I would wait, if the party were pulling out it wont take this long.

Also the longer it take the stronger sdx hand gets, the egyptian economy is getting pumped once you can take dollars out of country again Sdx are back in action.

Sdx is oversold..

This is what i have been doing.

Like Ned has stated if nothing has changed they cannot mention. We will wait. If egypt reverse the dollar issue then its game on again. Sdx can take money in and out of egypt can run their business. Imf, eu and uae money will help.

First the imf, then UAE and now EU.

Maybe now sdx can recover. Just look at NAV of the assets. Way higher than current mkt cap. Board just need to pull out finger.

Ned

"Islam is practiced by 90% of Egyptians."

In my view they still plan to liquidate in egypt and now the board only mention MOROCCO, whther in rns's or tweets. So nothing has changed.

Sdx giving Ramadan Mubarak to Moroccans no mention of egypt, so it looks like the deal is still on to divest all from egypt.

https://twitter.com/sdxenergy/status/1767571871476658270?s=19

Last week sdx did wake up on twitter, no mention of egypt looks like deal is still on...

https://twitter.com/sdxenergy/status/1765009212222980296?s=19

They updated us in early jan, they confirmed sale price for WG. I think the buyer maybe russian hence its taking time.

I remember another stock amc, it took them ages to dispose asset to russian buyer.

We will get news shortly i am confident of that.

No news is good news, with the way sp is depressed even if they dont decide to sell things could only get better.

Imf loan about to be signed, uae investing billions, tide is turning for egypt. Imho

Update will eventually have to come.

Things are finally turning the corner for egypt, no hopefully sdx can recover too..

https://oilprice.com/Geopolitics/International/Egypt-Seals-Historic-35-Billion-Development-Deal-with-UAE.html

It has to be close, would be nice if they get $13m plus for SD and infrastructure.

Lol

The IMF is just a tool for US to control the poorer nations, thankfully the Saudis and UAE are using their brains and outbidding western funds. They will not allow egypt to go bust but rather control it.

As for sdx holders, they should continue to hold.

"Petro Disouq established and operated a South Disouq natural gas treatment plant, natural gas production lines, and natural gas shipping lines in the South Disouq concession, with investments of around $80 million since 2014.

It is worth mentioning that Petro Disouq is a JV between the Egyptian Natural Gas Holding Company (EGAS) and SDX Energy, and was established according to a ministerial decree dated April 9, 2019."

I told you the infrastructure has value, egas and sdx have spent $80m on the infrastructure. This is why a large operators are interested in our Egyptian asset. They will use the infrastructure to put their own production in.

What wrong with the sp today? You can sell at mid price 4p.

Littlened- The fact that we know West Gharib sale price is $6.9m, South Disouq price will be higher. I recall it took along time for sdx to get in production in SD. SDX part own the infrastructure even the processing facility. Large buyer are interested because they will save money and time by not building their own gas pipeline etc.

Its been a long time since the financial problems happened for egypt, we are hearing egypt is close to signing imf deal this will be positive and put more value on sdx asset in egypt.

Continue to hold down here there is value.