Post by
silverT on Jan 09, 2018 7:36am
been a long time
Since I had SDX.........back then it was a nickel and 500m +shares. Good to see things have much improved......can't remember , is the pricing all in Brent.
Comment by
tigris72poo on Jan 09, 2018 2:37pm
The Egyptian crude ia all priced off Brent. Morocco gas is priced at around US $9 to 10 /MCF with NETBACKS of about $50/BOE !!!!! Egyptian gas contract for South Disouq is the major unknown that is holding the SP back , IMO.
Comment by
John104 on Jan 09, 2018 4:28pm
Good point, hard for sdx to move forward on sd without knowing the price. also need a reserve report, but cash just keeps flowing in as we wait.
Comment by
Evanna1 on Jan 10, 2018 3:34pm
@tigris72poo Tend to agree with your comment. Have reduced my holding here. Due to that fact also in my view it will drift till SD spud, Morocco isn't really getting the good feel factor, ie need to sign up customers and that's gonna to take time
Comment by
tigris72poo on Jan 11, 2018 2:47pm
time is your friend when you are debt free and generating about $40 million /yr in CF........
Comment by
tombul on Jan 11, 2018 3:21pm
Evanna, You have finally made the right decison to reduce your holdings with SDX. At least, you are no longer blind folded by Dilution Lover, Mr. Pinocchio. Are you all ready for another priviate placement in the fisrt quarter of 2018? More dilution for fake gas and oil discoveries.
Comment by
auburn2 on Jan 11, 2018 7:27pm
What do you mean by fake discoveries?