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Results: SDX

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EPIC SDX
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SDX Energy– Morocco high margin gas – Is it more hot air than gas?

Until recently SDX Energy (SDX) looked in great shape with Egypt oil and Morocco high margin gas following the Circle Oil deal and South Disouq gas production due on stream. Then seemingly out of the blue, on 17th May, we were told that the CEO is taking a long walk from a short plank, production forecasts were cut and projects delayed. What happened? I think I can see the answer, and why it could be a while before things change.

EPIC SDX
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SDX Energy should perform well in 2019 and beyond - buy

SDX Energy (SDX) seems to be one of those AIM natural resources companies that has largely been forgotten about by private investors, but it has an awful lot going on over the coming 12 months, and beyond, and if even some of what it has scheduled goes to plan, then I would expect the shares to trade a lot higher...

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