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To: Goose94 who wrote (27455)3/23/2017 7:13:53 PM
From: Goose94Read Replies (1) | Respond to of 203353
 
SDX-V new 52 week high, 83 cents



To: Goose94 who wrote (27455)4/7/2017 7:57:05 PM
From: Goose94Read Replies (1) | Respond to of 203353
 
SDX Energy (SDX-V) top pick from Josef Schachter on BNN.ca Market Call Friday April 7th @ 1300ET

Market capitalization $150 million+, $0.82/share (April 4)
SDX is focused on production assets in Egypt and Morocco and has significant development and exploration activity planned in 2017 to increase shareholder value. Production in early 2017 yielded more than 4,200 boe/d and with development activity at Meseda (oil) in Egypt and two areas in Morocco (natural gas), SDX should be able to raise production into the end of 2017 to nearly 7,000 boe/d. Prices for natural gas in Morocco are US$9/mcf or over 4x Canadian natural gas prices. SDX also is involved in a high-impact exploration well (now spudded) which will reach target next month. The targets are 400 bcf of gas and up to 100 mb of recoverable oil. While risky, there is no value for this in the current share price and if successful could add $1.00/share to our current price target. Our 12-month price target is $1.20/share based upon a very conservative 3x CFPS of Q4/17 annualized of US$0.32/share, or more than $0.40/share from just the development activity upside. The company has no debt and has over US$18 million in cash.