Member Info for NorthernMagic

shares to take off. It's been quite a disappointing start to the year. I hope we start to see some general improvements in the O and G sector. Most of my shares have either treaded water or slightly drifted down. Atb, Northern

to all those plans they told us they had for this company. I wish they would deliver as well as they marketed themselves! Very disappointing and not much seems to be happening - I thought they had a lot of money to spend? Atb, Northern

good to have some positive news to get the sp moving again. Atb, Northern

Energy and the fact Malcy has it in the Bucket list. I'm assuming it would only be in there given a decent possibility of a large gain in a reasonable amount of time - otherwise would put Malcy's credibility in doubt. Lets hope we see an upward movement before not too long. Another thing that still interests and excites me is that in an interview in late 2017 PL said when asked what he would like to see by the end of 2018 that he would like an EBITDA of $50m. According to recent presentations this was only going to happen as projected EBITDA in 2020 - therefore there must be some acquisition(s) to fill the gap. All imho, Atb, Northern

Hi jag11, I appreciate your frustration re the Sdx sp. It seems to have baffled a number of people. At times like this I try to look at the company and take a step back. I do not think they could have done any better with their existing assets. Morocco is doing extremely well. There is great excitement re South Disouq and about a month or five weeks before we hear any news from there. All this to me means higher revenue, profits and further money with which to grow. So, although not much of a shift in the SP yet I don't think it will be too long now all imho. Atb, Northern

My hope is Frontier continue to make good progress with growth in it's existing large markets and growth into new ones. What I also hope though is that they continue to make big deals with big players and that the revenue and profit will follow. The sp appears to have settled at 130p I'm hoping it now trends upwards and continues to build from there. Atb, Northern

On President's website re the environment for the oil industry in Argentina. I did ask Malcy about Paraguay but his answer was he didn't at the moment assign a value and it would probably only interest a majour as the oil is heavy oil. The latter seems odd to me as I thought the potential was very good in Paraguay with high reserves there. Malcy did say he expects the SP to be much higher than it is now and that must therefore be based on Argentina. So, hopefully we will see good progress there in 20018. I've just got to trust my instincts here. Atb, Northern

Re the transaction for the three fields and the deal. I believe when signed in around the third quarter this year then Serica gets 40% from THE BEGINNING OF THE YEAR which sounds a great deal to me and I believe this % increases year on year and that's quite a revenue stream! Then there is further drilling planned. All that money in the bank will again based on recent experience allow for further expansion and the cycle can begin again! Atb, Northern

Been published a decision will be made to lift the moratorium and allow drilling under regulation to move forward. Would be great if we could get some drilling progress in the next few months and then move on from there.An SP of 40-50p by mid year would be great. Atb, Northern

different circumstances but if I have read today's RNS right it looks to me that we have to wait between 4-6 or 7 weeks before, if all goes to plan we might have a decent move up in the sp with results from the latest drilling - fingers crossed. Atb, Northern

success at Ibn Yunus would be very significant for our shareholders. I sincerely hope so :-) Atb, Northern

10 days to go, at the most until we get the published report. Atb, Northern

Drop in the SP. Is there some news I am missing. I thought the future as reported by a number of people was very positive but dropped and lots of sells. Seems counter intuitive. Atb, Northern

Hi shakeypremis, I think this is what I am struggling with. However, two positive thoughts I have had are 1. It currently is a good time to invest in SDX. 2. There is some good exploration activity on its way and I believe the first spud is not far away. Atb, Northern

That's great news NewKOTB. Very good point about current assets alone. I'm pretty sure PW with more revenue coming in will be looking for further acquisitions in time. One point I don't understand is have the Rabul finds and current success been really priced in? I thought these were very large finds. Having said the above still lots of transformational news((hopefully) to come. Atb Northern

What valuation Malcy would put on President's SP, given that he recently suggested a valuation for Aminex. I might ask the question on his blog site - bucket list. Atb, Northern

Yesterday that there was a lot of emphasis on Argentina and their maximising of the Argentinian assets. Not much mentioned about Paraguay. I hope there is a lot of activity behind the scenes and that PL will still be able to deliver on his promise of drilling in Paraguay in the second half of the year by hook or by crook. Atb, Northern

Cannot understand the size of the fall. World leading technology, growing existing markets and growing new ones. Don't quite understand it.

progress with President Energy in the next week's and months. PL now seems to be pushing things forward and is trying to maximize the potential of all the growing assets and to acquire more - great strategy! Atb, Northern

I hadn't realised those drills had such a large potential. I must go and have a look at the presentation on their website. Atb, Northern