Member Info for shakeypremis

Regarding the condensate from SD you are speculating about Silver, maybe there just isn't any indication of any yet? SDX have announced evidence of potential liquids where they are present in the Morocco drills so why wouldn't they in SD? Do you think it's very unlikely that there won't be any liquids in SD?

Thanks for the analysis Silverfinn. How much is a barrel of condensate going for in Egypt these days anyway? I have also heard no mention of condensate production from SD either. I wonder if they are keeping quiet about it for some reason.

PW saying 4000 boe/d now. Up a little bit from previously mentioned numbers I think.

He said 25-35 yesterday. Got to take what PW says with a big pinch of salt sometimes. So far there seems like there might be quite a lot of gas flowing from the wells in SD; SD-1X: 25mmscf/day Ibn -Yunus: was this 35mmscf/day? I forget SD-4X: 25-35 mmscf/day They must be able to get at least 50mmscf/day out of SD when the final well is drilled. PW keeps quoting 50mmscf/day by year end. There's way more than that flowing from the three that have been drilled so far. Maybe he is being conservative or maybe they won't get them all hooked up or something? You'd think if the one left to be drilled comes in good then they'd do more than 100mmscf/day but I am not an oil and gas professional so what do I know!

That'd be nice! Although likely worth double that in the future.

That isn't a deliberate misrepresentation. It's simply an automated system classifying a trade as a buy or sell based on the price paid. If the price is higher than the mid-point (mid point of the quoted spread at the time of the trade) the trade will be classified as a buy. If the trade price is lower than the mid point it will be classified as a sell.

Up 7.5% in Canada, 65p equivalent. AIM is rigged.

The share price action here is the bane of my existence. It makes the opportunity cost of holding SDX very high. It just can't hold on to it's gains and the overreaction/manipulation here on bad news and the manipulation of good news beggars belief. Still if you have spare funds it's a very nice price to add at.

AIM is a scam market (not saying Rainbow are scammers) and the investors on AIM are massively fickle and jittery. I suppose you can use the present price as a buying opportunity. It would have been nice to sell at say 23p and buy back now but hey, that's hindsight for you. I was up about 80% at one point now I must only be up about 25% or something. Cest la vie. I think there is still much more to come here though.

Have they started to flow test the other Morocco discovery yet? The LNB-1? I forget. Too many drills going on! I seem to remember there being two horizons there, an upper one with a small amount of (commercial) gas and a deeper section or something like that.

Absolutely dead here. Test results incoming from Morocco and a drill bit turning in Egypt and no-one gives a crap about SDX! lol

I would hope we might get assay results from the Kiyenzi drill core first. They have had those cores a while now.

Big disparity between AIM and TSX continues. Closed at circa 67p in Canada. Refusing to go back up over here though.

66p to sell now. No buys visible really. What is going on behind the scenes here?

The bid has been sneaking up here all day, it's now 64.75p to sell. It looks like there must be a large buy being worked through.

Brent hasn't even fallen that much and brent (minus a discount) is the price SDX receive for oil.

Sdx going up on the TSX is not enough to move it on AIM. There's been a big disconnect for many weeks now. I hope we aren't in for a repeat of last year. Long and flat!

Closed up 2c on the TSX tonight.

From yesterday published today; 23-May-18 08:08:05 21.00 288,000 Buy* 20.00 20.80 60.48k O Looks like more dodgy activity trying to fill orders.

I dislike doing it as it's squeaky bum time when you do!