Member Info for telegraphist50

I have been investing for a number of years and one of things that I've learnt is to be patient. If the company is sound, eventually, it does pay to be invested, but it can take time. I've been guilty of getting bored and hopping from one company to another and it can make you a few quid but it rarely makes the big bucks. I've missed out fortunes by being impatient and it's something I'm determined not to do here as I believe SDX is an unfolding gem of a story that will have it's day, but I just don't know the exact date of when that will be. Here's just one example of how impatience cost me; In 2010 or 2011, I bought 2500 shares in Croda at 400p. They went up and down a bit and around 6 months or so later, I sold for 450p. So my £10k investment made £1125, not bad, I thought. Croda shares are now worth 5000p today, and not to mention the dividends they've paid out in the last 7 or 8 years, the capital gain alone would have been £115,000. I've got a few other examples of pretty much the same thing where I legged it with a few quid after a few months, when holding on would have delivered big bucks and it's taught me that patience is key if you believe you've backed the right horse. I will remain invested here unless/until something changes that tells me I'm wrong about the prospects of this company and hopefully my big pay day will arrive, preferably before I'm too old to enjoy it! This post is of course, imho!

Just for SYM as he asked so nicely!....;)

to buy the '1' share at 16:30?

I need him back here to keep my morale up whilst I await completion of this never ending story!....;)

Thanks for the link shakeytroll, I mean shakeypremis!....;)

'Upon completion, the ship will operate at a minimum speed of 14 nautical miles per hour and a maximum speed of 16 nautical miles per hour'....that will make getting onboard interesting and getting off somewhat dicey!....;)

Sorry for the disjointed posts, note to self, don't attempt this watching football with a whisky!....just to clarify, PW makes a distinction in Tuesday's podcast where he refers to 4400 entitlement production and 5800 working interest. So I think that makes it clear that the figure of 5800 he refers to in the latest video is in relation to working interest. I'm not techie enough to know what 'working interest' is but know that it's not the same as SDX's 'entitlement production' which is effectively our 'cut' (which I think is right)….anyway, I'll leave it to the more educated to piece those bits together and make full sense of it....

In the Vox Market podcast PW did on Tuesday, he refers to 5800 'working interest' barrels "with 1000 coming from Morocco and the remainder from Egypt". So there's the answer and the 5800 PW refers to in the latest video

But then again, I thought England would beat Croatia in the World Cup semi!

Re the 5800, two things make me doubt it's a mistake: 1. He said it twice in quick succession 2. It appeared scripted and (as far as I could tell) wasn't 'live' so presumably would have been watched back before release to check accuracy and impact. Perhaps a quick email to the company to ask for clarification?

I think it's Lurpak trying to build a position on the quiet!....;)

Re the following, earlier post...."Isn’t it remarkable that 100k sells drop instantly after a matching buy? And when I say remarkable, I mean bent." How come the same doesn't happen with a 1 trade!....;)

Can you direct me to where it is so I can have a watch? Thanks

It could be an II buying in!....;)

jupiternmars - thanks for posting the proactive investors interview. I've read (most of) the posts today and interesting to see the two different viewpoints. I'm very much in the 'happy' camp and it was really telling at the end of the above interview today when PW was asked about the SP reaction. It's clear from his response that he's currently at a loss to explain why the price is stalling and seemed genuinely shocked that the price fell instead of rose today. Personally, I don't know what else the company could have done, they can't make the SP go up, they can only deliver strategically and operationally on their plans and I for one think they're doing an excellent job and cash generation should rack up throughout the rest of the year. Some really interesting stuff in the interview and if you get chance, have a listen, it's well worth it. Good luck holders, our time will come imho!

https://www.malcysblog.com/2018/08/oil-price-sdx-energy-echo-energy-far-faroe-petroleum-and-finally/

One day Rodders!....;)

the deflating thing for me has been always thinking we're on the cusp of the 'big one', seeing the RNS posted and thinking aye, aye, then reading it and going whatever the opposite of aye, aye is! I think when LC dropped the 'bombshell' the other month about having just resubmitted the IBFS, when I (and I presume many others) thought we were already at the final hurdle, just awaiting PPA, my optimism that we are at the final hurdle, is now tempered cos I'm half expecting news to drop telling us that we've just resubmitted something else. Anyways, enough of this doom & gloom, have a great BH and see you all at 07:00am on Tuesday!

over in Canada.....thought we might see it go up today in anticipation of Tuesday's results as it's the last chance to buy before with Monday's BH

since the last update on MCPP progress which was with regards to resubmission of the IBFS and confirmation that kibo had 'reached the final phase of discussions regarding the Power Purchase Agreement'. I'm sure we must be due an update soon, please!.....