Member Info for NewKOTB

This years EoY results will blow 2016's out of the water imo. Gross profit for 2016 was US$6.6 million that reflected a six-month production shut-in earlier in 2016. We had improved production uptime from Erskine during 2017, significantly better commodity prices for the year to date have been realised, than seen in recent years.Cash balance at year-end should be +US$34m. More to the point, updates on none Erskine assets will be of immense interest to the market. Looking forward to next week. gla

SAI, noted Thursday close or Tuesday opening..... so it's still on imo. Time will tell .... Either way, why not buy at these levels, regardless of SAI's posts

Poll, constant negative posts, time and time again .... getting close to calling it a day on your shorts I guess. We could have a little dip tomorrow AM, just so they can pick up a few more, then off to the races imo Two short trading weeks should see the volume kept high. gl

... AGAIN ....ho hum !!

Never known a company to get suspended on deal announcement, and then come back at many, many, many multiples of the closing SP .... could this be THE ONE !!! Possible x20 bagger could be very conservative here. RIO, RIO, RIO ......... RIO, RIO, RIO

Guess it's HNWI and II possibly juggling their holdings from financial eyes, imo

There you go, I take it our envelope was not sufficiently large ..... lots of 'paperwork' required and 'rubber stamps' were needed, not anymore !!! Good news, fwiw, as clearly less than nothing is priced in atm for the 22.86% "Application to the Court for a Declaration Despite progressing exploration and appraisal activities on OPL 310 as previously announced, LEKOIL has, to date, not received Ministerial Consent for its acquisition of the additional 22.86 per cent interest in OPL 310 or a satisfactory explanation of why such consent has not been forthcoming. As a result, the Company has taken the decision to apply to the Federal High Court for a declaration that is expected to expedite the consent process, and preserve the unexpired tenure in the licence. The Company will provide updates to the market as appropriate. The Company is represented by Fidelis Oditah QC, SAN." "An application for the transfer of the 22.86 per cent interest was duly made by Afren Nigeria in January 2016. As the transaction was not undertaken on the basis of an Assigned Interest in the oil block, approval by Optimum was not required under the JOA between Optimum and Afren. In March 2016, LEKOIL was notified by the Ministry of Petroleum Resources that the necessary due diligence exercise would be conducted that month. The due diligence exercise did not take place and has not been rescheduled by the Department of Petroleum Resources since then." aimo

SDX Energy Finals from SDX this morning which merely serve to confirm what a good year it was and how well 2018 has started. Understandably they concentrate on reserves, as one should, their WI of 2P reserves was 13.5 mmboe, up 45%, a very creditable performance with their existing business and the Circle acquisition delivering well. With revenues up 204% to $39.2m, on production up to 3,237 boepd up 171%, the 100% success with the drill bit last year came through to the bottom line. And there is plenty of drilling excitement still to come, two more exploration wells will complete the Moroccan campaign, for the time being only, I am sure. Then attention focuses on South Disouq where we can expect two exploration wells and two appraisal wells with first production likely 2H this year. At NW Gemsa there were successful workovers and at Meseda two successful exploration wells plus of course the recently announced success at Rabul-5. SDX had $30.6m of cash on the balance sheet as at 28 February this year partly as a result of favourable receivables incoming which is a big result and so SDX is fully funded for all operational needs and of course any potential acquisition opportunities that may arise. SDX remains amongst the most solid plays within the bucket list for its low cost, high margin offering and significant upside potential.

notrac, "I imagine the market wants to see genuine cash generation from operating activities. Hopefully this will come in 2018." Are you serious .... Net cash generated from operating activities for 2017 $21.6m vs 2016 (-$1.9) ... that's NET Wait until 2018 figures are in, it will blow 2017's out of the water.

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SDX/13578400.html

YEAR-END 2017 FINANCIAL AND OPERATING RESULTS The main components of SDX's comprehensive income of US$28.3 million for twelve months ended December 31, 2017 are; o US$28.9 million netback for the period; o US$29.6 million gain on acquisition of the Egyptian and Moroccan businesses of Circle Oil; o US$17.8 million of DD&A - (increased as a result of the Circle Acquisition from US$3.3 million in twelve months ended December 31, 2016); and o US$2.4 million of transaction and restructuring costs relating to the above acquisition. As at December 31, 2017 the Company's working interest share of audited 2P reserves was 13.5 mmboe((1)). This represents a 45% increase on the combined 2P reserves of the Company

Oh, wrong board .... sorry :-)

Have we not been told this will not affect SQZ due to our company status !

"Crossed the 200MA - back into 50s - should see 57p odd tester soon and then I have 66p as next stop before high 70s" ... Not whilst our mystery controller is at the helm.

"I reckon more is known about this oil in SD than is being let on publicly at least...." Maybe, therein lies one reason we are being held sub 50p imo

It would have actually taken you longer to type the question than to research it !!! If you need help ..... http://www.lse.co.uk/share-regulatory-news.asp?shareprice=CHAR&share=chariot_oil You want thoughts ..... buy now, as this is going stratospheric aimo. GL & Enjoy. NB This is not investment advice

30 seconds basic research before posting may help you answer your own question.

TSX is at 52p equivalent atm

TSX is at 52p equivalent atm

See pidgin English is alive and kicking. SQZ compelling investment at these levels imo. dyor