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Because they would be using sounds own money to pay for their investment and because once there is income there is a saleable asset not just a bunch of paper promises and none producing pipes
If Sound were to go bust I do worry what all these non shareholders will do with their spare time. They will be climbing the walls 🤣
Twitter is used as an information sharing platform and the RNS platform for price sensitive information !
Delays are obviously a concern for Sound Energy investors.
KTF - even you have expressed delays are a concern and you have become the biggest fan of Sound over a couple of years now.
A straight forward RNS not twitter or any other channel would be the best way to inform the SHs of progress or lack of would be the right way forward but they choose not to do that which has led to a total lack of confidence in management and hence the SP is where it is at.
Please explain the logic behind "I still think that Calvalley will not invest a penny till the gas is flowing"
what possible significance can a micro LNG plant have for Calvalley who are inetrested in being a partner for Pgase 2 and future exploration?
I'm no expert but even I'm starting to lose faith out CEO is an Oil Man in one of the interviews last year he production of LNG by Jan and that's 70,000,000 income
I'm no expert but did a little research last year and the shortest time scale for an LNG plant was two years or next January. For an expert to admit this now makes you think . And I still think that Calvalley will not invest a penny till the gas is flowing
Kylie, jus look at this, what can I say…
1st outer shell course of the LNG tank lifted using electrical jacks & the 2nd layer added. The outer tank shell will have 11 shell courses to a height of ~22m, equivalent to 5 London double-decker buses stacked on top of each other!
Up up and away for SOUND - BUY BUY BUY
KTF do you not think it’s highly likely CalVal and the funding back are ticking GL’s tummy just enough to prevent a negative RNS, but really this is being played by them both for a bloodbath? It’s utterly impossible and implausible now that something GL thought would take 45 days last summer has now probably extended over 10 months. How could he have misunderstood what was required so badly. If nothing else, that very misjudgement can never be washed away by him. This looks worse by the day imho.
Https://x.com/soundenergyplc/status/1781252755337712048?s=46
News is SOUND ; BUY BUY BUY
First outer shell course of the LNG tank lifted using electrical jacks and the second layer added. The outer tank shell will have 11 shell courses to a height of about 22m, equivalent to 5 London double-decker buses stacked on top of each other!
#mLNG #transitionfuel
Arrived in Morocco
11” 10,000psi BOP & equipment now in transit from Montreal🇨🇦to our ops site at Tendrara🇲🇦. We’ve brought in materials & services from far afield: 🇯🇵🇸🇬🇨🇦🇫🇷🇮🇹🇷🇴🏴🇺🇸for well workover ops in prep for gas production
Sundance - you say "No something is not good here if there was, we would have heard about it by now"
but the one thing that is constant is GL says every time he presents / amswers questions 'if there was bad news it would be released immediately'
therfore I would change your line to be
Nothing is wrong here, if there was we would have heard by now!
Pescado and any other trick cyclist…., I hope so we can get a cycling club going.
“ The Sound as a Pound G.R.C. “
Win for SOUND - BUY BUY BUY
Remember this, and I know this to be true: GL owes SH,s (retail) absolutely nothing,zip , zilch, nada,and any other word in a language that translates to bu55er all . All words are very cheap, especially if its not costing you your own money . All he owes in life is to earn enough to keep food on the table for his family and whatever else he has as a dependent and, of course, as in Parsons days, to pay the service bill for that Aston Martin he had. Loyalty to the Institutional investors, maybe, so all the winks and nods will go to them first. Next time he says he's been working very hard, don't forget to pick the eyeballs off the deck as you roll your eyes as it's simply utter b/s as he's just doing a 9-5 job. This is very evident now despite the KTF 's research and that circus performer Pescado and any other trick cyclist spouting the comic book share quotes with absolutely no research to back it up. O ther than KTF maybe as he at least came up with something that resembles research.
No something is not good here if there was, we would have heard about it by now
Good news, Graham is doing his job.
Relations between the Islamic Republic of Iran and the Kingdom of Morocco are mostly non-existent, and diplomatic relations between the two nations have often been tarred by disputes. On several occasions Iran and Morocco have mostly or completely severed diplomatic relations.
UK Relationship with Morocco is SOUND - BUY BUY BUY
Ffs Graham another week gone. You MUST have something to tell us. Do your effin job
Looks like somebody is.
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I might have a top up, but it won't be 'cheeky'
what does that even mean?
lovely day here, far too nice to be miserable
Anyone for a cheeky top up this morning? It’s cheap !!
This is very strongly reminding me of another ill-fated company I invested in (yes, I know how to pick them). The would-be farm in partner led them a merry dance for a year and in the end never came up with any cash. There has to be tough questions about Calvalley's seriousness if they have not managed to consummate the deal at this point, and about Graham's competence in allowing it to continue this long. What started out as one suitor among (presumably) several, has become an existential issue now. If Calvalley don't complete, SOU is as good as bust.
Graham could just provide an update in a legal way and inform SHs via an RNS. It’s called transparency
Hey Graham, what's the problem?
Keep doing the cheeky top ups. SOU became another BLVN
Yes, indeed, you do have a point there. I will admit it's getting a bit stale now with this delay . Closed-period rules are rules, and yes, for seven years, it has been numbingly unbelievable. From whatever angle or understanding you have on GL, he's taking the pi55 now.
The constant " we've been working very hard for shareholder value I think, is as far fetch as sh*t from China now I really do think he's not as genuine as originally thought, but he is just here for the job, and there's not much I can do about it as I am in too deep to sell as most LTH,s . The new blood will get the rewards buying in at this share price, as all us long-timers will only get is a very slight feeling of well-being and comfort
Yes very tiring and wearisome
In a years time KTF will be holding up a fiver if he’s lucky- who’s the idiot ?