GREY:SDRYF - Post by User
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retiredcfon Jan 25, 2019 7:18am
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Post# 29279708
Schachter Details
Schachter DetailsSecond stock in the clip. No debt and $27 million on the books. GLTA
https://www.bnnbloomberg.ca/video/josef-schachter-s-top-picks~1594780
SDX ENERGY (SDX.V)
SDX’s CEO gave an update on the company on Jan. 14 which was very encouraging. They received the go-ahead from the Egyptian government to build the pipeline and central facility to bring on the South Disouq natural gas discovery. Plateau gross production should be between 50 to 60 million cubic feet per day (55 per cent SDX) and should start up in late Q2/19. The South Ramadan offshore well (12.75 per cent SDX) came in with a surprise result of 110 feet of net oil pay from three zones. Testing will commence on the main Matulla zone (75 feet of net pay) and it will be determined if the well will flow at a commercial rate. We continue to buy shares of SDX on weakness.
TOP PICK
SDX Energy Inc(SDX-X)
January 24, 2019
Just bringing on a field. No debt. He has a $2 target. It is a nice little target. There is a low payout ratio. (Analysts’ price target is $1.32)
Josef Schachter
President, Schachter Asset Mana...
Price $0.740
Owned Yes