Member Info for NewKOTB

Special economic zones, at term of this law, five sectors of have been adopted: the transformation industrial resources local, the development of logistics building on the existing port and the mineral port in creation, free trade in the creation of free zones, the construction of a residential city, the provision of quality public services in water, electricity and sanitation and to add "The construction of the Zone Pointe-Noire Special Economic Survey will start in January 2019. But before, the Congolese side who is in partnership with Chinese part has to make available a space of 716 hectares before August 2018.

Eh up !!!

Glen do have 161,459,158 shares which the Company hold in treasury that could be used + cash

Agree, be easy for GLEN board to issue just an additional 2% share capital for a multi billion $ asset. They may even throw in a special cash payment of 11.5p/s to sweeten the deal

IOT, maybe

Well he/she has been a member Since: Fri, 16th Feb 2018 ..... so by all reckoning, should be a multi-millionaire by now. Put it down to a generational thing !

Wolfiecrf, Your post less than two weeks ago on FRR board: "Ploughed most of it in chariot and echo, don�t think there is much more profit to be had here. However i will still keep an eye on how things pan out but I do feel as though Zaza and co are stringing you all along." Says it all .... Enjoy school today.

Yep, "LMS-1 is the final well in the Company's nine well drilling campaign in Morocco. The well is anticipated to take 15 to 20 days to drill and if successful, it will be completed, flow tested and connected to existing infrastructure."

Yep, "LMS-1 is the final well in the Company's nine well drilling campaign in Morocco. The well is anticipated to take 15 to 20 days to drill and if successful, it will be completed, flow tested and connected to existing infrastructure."

Agree, that is one of the big draws here, low share issue. Their recent placing, imo, was solely for mates to load up before the big push north with the SP. The necessity of the placing was questionable in it's own right imo also. That said, the future looks bright for SDX, and I do not see the need for another placing for upwards of +12 months, if at all. Cash will be flooding in come 2019 this company will need to expand or be swallowed up, expand to survive made be the order of the day. Our SP will easily surpass +100p come the end of the year as things stand atm. With schedule of works planned, contracts signed, production at +8000boepd, reserves updates and depending upon drill success could top +160p. That's half way towards PW target to create a $1bn company. The future looks bright the future is SDX. gla

Lost much on the bitcoin scam did you bitcoinbuyer, or was you one of the pumpers .... trying to short SQZ is not a good idea. Member since 2017 and your first post on SQZ is all doom and gloom. How about, Trump likes the way the deal is going, (but would like to tweak it a little) with France, UK and EU backing him, Rhum 3 starts production adding another 7-10kboepd. BKR deal is concluded and we instantly re-rate to +120p. PS. We only have 2 wells that would be affected Rhum1 & 2 All other fields and wells of the BKR deal remain unaffected. Erskine will be back online later in the year, and be producing at a higher rate than ever, +4k boepd Anyone thoughts on that !!!

"Yet another discovery in Morocco, this time the LNB-1 well was drilled to a total depth of 1861 meters where 300 meters of gas bearing horizons were encountered plus in the secondary target, the Upper Dlalha, 2.6 meters of net conventional natural gas pay sands were encountered." ..... LNB-1 300mt of gas was also a NEW PLAY for SDX.

That's close to $100m pa, revenue from these oil assets alone ....

That's 62p, days high, so looking good for next week also.

Next set of Financials would see our PBT increase x10 (THAT'S ten fold) We drill, we find, we extract, we pipe, we sell ..... closed loop, what's not to like.

They have stated we have wet gas, so halfway there imo. They will certainly use this drill to calibrate other potential drill sites, so who knows. "300 meters of gas bearing horizons were encountered in a significantly over-pressured section" .... 300mtr SDX is imo one of the top plays for 2018/2019. Think the TSX will love this news today.

RNS States "These types of shows have not been seen to date in other parts of the basin and indicate that a new petroleum system has been encountered in this area. "

So are we safe to assume that the Zanaga Project deal is done (as has been mentioned by many, many times) and once the IMF deal and port has been signed off we will get our long awaited RNS. I'm also in the camp of a special divi to cement the deal and annual dividend once production is up and running.

Looks like we have woken the feeble, cowardly, faint-hearted, spineless, spiritless, lily-livered 20% profit takers from their slumber today.

Looks like the BOT was switched on to help drag the SP down. Time Price Volume Value 12:02:00 81.8 1 1 12:01:59 81.8 4 3 12:01:58 81.8 7 6 12:01:58 81.8 4 3 12:01:50 81.8 16 13 12:01:32 81.8 71 58 12:01:32 81.8 59 48 Looks like we can expect another large delayed BUY tomorrow