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CEO and COO takes over £1m a year salaries!
Fleecing the company finance blatantly…
Shareholders are suffering while these two are milking it!!
Thanks Ducati, all moving in the right direction, despite what some would wish for.
Not sure if that link loaded?
https://twitter.com/soundenergyplc/status/1712406403711680676?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
0.77p bid, a new all time low.
Honest question, has anyone got anything back from the company regarding the two funding deadlines being missed? I haven’t despite three attempts. I even checked my spelling and grammar before sending. Seems they’re realising the worst to me.
CB seller back this morning
GL said a couple of key pieces of information due in autumn…….obviously these things are always on time.
There are only about 11 weeks left of 2023.
It's possible that by Christmas we will receive confirmation of this deal with Calvalley being agreed which would mean we are fully funded for the Phase 2 project with the bonus of a drill programme in place for TE4 which I think would likely happen in 2024.
Regardless of the above, we should expect to be receiving revenues from Phase 1 production in 2024 and with a good forthcoming RNS we may just have more accurate timelines for this actually happening.
If the initial drill at TE-4 were to be successful (I think 36% chance from SE summary) then I think this would give our new partner incentive to back another drill and the share price could really gain traction.
If no success then with this drill bit then we still have Phase 2 revenues to look forward here to in late 25/26 (with the deal across the line)
Most of this would likely materialise or be mapped out in 2024 which would give long suffering shareholders a far more rosy outlook moving forward and plenty of potential to build on the current deflated SP.
GLA
Https://octaviaenergy.com/our-team/
This makes Sound Energy Definitely a Strong Buy
Back to the future, 2024. Dreams will come True.
https://www.proactiveinvestors.co.uk/companies/news/1019968/sound-energy-deal-may-help-double-proven-reserves-1019968.html
Sound : Buy Buy Buy
Uber ramper 😂.
Wouldn’t class myself as that. But I did hope for a lot more than where we currently are……..
There’s still time…….i hope.
Jobbsinscl, there’s a blast from the last! Uber ramper, similar to KTF but if I recall less stoopid!
You get excited really quickly Kylie 🙄
I think it’s understandable. GL is spending his entire working week dropping his trousers as he gives away more and more, it’s a time consuming business getting shafted.
I am really surprised we are still waiting for the f/out to be completed. The exclusivity period ended early August and no news since.
Been here for years and years and did ok when JP here, top sliced etc but did wait a little too long for family legacy, £10 wont cut it etc..
But if this takes too long now, will the world still want the gas??...i am holding but this is such a bore now, at least JP gave it some oomph
I don’t have the calculations to hand but when the pipeline was first proposed, a 10 or 12 inch diameter was considered more than enough to handle the maximum Te5 Horst output. The Moroccan authorities have demanded a minimum 20 inch diameter because of anticipated future finds.
Double the diameter, quadruple the cross section area and more than quadruple the flow rate. Simple physics!
Roll on FID
Didnt think of that .. thanks mebo
Probably App trades like Trade 212 they I believe don’t pay commission.
Hi all, can anyone with more knowledge than me explain why we are seeing lots of small trades.. literally a few £'s like today we have one for £2.70
surely trading costs are more than this
Kylie regarding your comments on the pipeline,you must also factor in that due to the trench width then there is clearly room for more pipeline capacity when future expansion is required. We must also remember that there is a real possibility that any future discoveries along the pipelines length will result in other companies needing to use the trench in order to get their gas into the grid system which could be very lucrative in monetary terms. Given the Moroccan government's hunger to expand gas production then holding the only route to the grid is extremely strategic to these expansion plans. Regarding your frustration with funding then as you might appreciate these things tend to be complex and due diligence takes time but regarding Graham's competence in this area please remember that when the company was staring at oblivion, Graham was savvy enough to resolve the bondholder issue and the tax demand when these issues had the capacity to make us insolvent. So let's give Graham the benefit of the doubt as he surely deserves some credit here.
Facts ! https://www.bedrockdrilling.co.uk/relationships/
Sound Buy Buy Buy
Http://www.bedrockdrilling.co.uk/files/9814/5556/2751/Bedrock_Drilling_Introduction.pdf
Bedrock Drilling Excellent for Sound ; Buy Buy Buy
You're a charming chap aren't you?
have a lovely evening.
Only the broker reports in 2023 have had a 12 month share price target so we are still a long way off seeing whether these 12 month targets will be accurate.
Try to keep up.
the parts / components were shown in wharehouses 'ready for shipment', NOT in the factory where they were made, ergo they are en route!
not on route by the way!