Member Info for telegraphist50

Didn't they become extinct hobione?!....;)

I guess we'll get some form of interview, podcast etc. I thought it would be a good day to have let us know about the Moroccan drill as I'm thinking it may be a duster (ie, release bad news alongside better news) as we're now around day 23/24 and no news. As they've not released any news, I guess the result is not yet known

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its Ibn Yunus-1X exploration well at South Disouq, Egypt (SDX 55% working interest and operator). The Ibn Yunus-1X well was drilled to a total depth of 9068 feet and encountered 100.8 feet of net conventional natural gas pay in the Abu Madi horizon, which had an average porosity in the pay section of 28.5%. The well came in on prognosis but with a reservoir section that was of better quality and thicker than pre-drill expectations. The well will be completed as a producer in the Abu Madi section and then tested after the drilling rig has moved off location. The testing is anticipated to commence between 30 and 45 days after the rig departs, depending on the availability of testing equipment. After a successful test, it is anticipated that the well will be connected to the infrastructure located adjacent to the original SDX discovery in the basin, SD-1X, where production start-up is anticipated in the second half of 2018.

wahoo...

A buying frenzy!...lol....this is SDX were talking about!...:)

this morning....was expecting news on the Moroccan well, I think it's 21 days since the last update suggested 15-20 days for news

I'm impressed with your ability to predict the future with such conviction, I only wish you'd foreseen the news earlier this week so I could have sold prior to it. Can you tell me the scores for this Saturday's Manchester & Merseyside derbies & Leicester v Newcastle as a tri-cast of correct scores pays out 1875/1 - I'll do a �10 and share the winnings 50/50 if that's agreeable? Cheers

Sorry, couldn't resists....:)

Why would a furniture company be interested?

5000 @ 47.95

Exactly my thought too fsheridan84, I enjoy the updates and much prefer this to not hearing anything for months on end. Value will out eventually IMO

I could see 55p easy on that news!

be an appetite to buy as they'll take 150k (shares) off me in one go @ 49.73 - couldn't get a live price for event 10k last week!

I didn't have to, I bought 10k (shares) @ 11:39 for 48.9

I like the bit at the end where PW states that shareholders will be 'richly rewarded' (hopefully that'll be soon!)

So were Swing Out Sister and look what happened to them!....:)

regards PW's thoughts on what SDX should be valued at NOW, just makes more of a mockery of the RNS announcing the LTIP last week. In the RNS it stated, 'It is important to note that stretching strategic, operational, financial and shareholder return performance criteria must be met for the LTIPs to vest'. The key word being STRETCHING. The target needed to achieve a doubling of the shares PW will get ( a maximum of 1,464,674 if the average growth in the SP is 20% per annum over a 3 year period) equates to a 60% increase in SP from 44.5 which means an SP of somewhere around the mid 70's, yet PW thinks the market cap NOW should be �200,000,000 to �250,000,000 which would give an SP north of that figure today. Note to self, get over it, but it's annoying none the less as I can't see how that growth based on what we already have, could be deemed as 'stretching'.

It has, however, just been executed at 47p on the nose!

And although the advertised price is 47 to buy, and I've put a limit order in at 47.25, it's still not been executed....

I've had to put a limit order in just to buy 5000 shares - it's a funny old share, that's for sure!