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Sound Oil Share Chat (SOU)



Share Price: 15.00Bid: 14.50Ask: 15.50Change: 0.00 (0.00%)No Movement on Sound Oil
Spread: 1.00Spread as %: 6.90%Open: 14.75High: 15.00Low: 14.625Yesterday’s Close: 15.00



Share Discussion for Sound Oil (SOU)


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lossgain
Posts: 107
Off Topic
Opinion:Buy
Price:18.38
View Thread (4)
RE: Hi Crude / Ponkey & Others...
8 Jun '15
Thank god for the accomplished opinion and advice on todays drop. also a slight recovery above the lower support zones of 15p means a good nights sleep for larger holders of sound. thanks b33661
 
PNE79
Posts: 1,123
Off Topic
Opinion:No Opinion
Price:18.38
View Thread (2)
Trades
8 Jun '15
I love the line at the bottom of the trade screen "Buys and Sells are calculated on the difference between the trade price and the current mid price. As such, they can occasionally be incorrect". Only occasionally, my backside, it normally depends on how many porkies the market manipulators want to tell. I hope the 900k trade was a buy, Joe is usually on the ball with the trades, that's a pretty big sign of confidence. I wonder if JP's brother in laws, best mates, Uncle has heard something we haven't, wink wink.
Ducati2
Posts: 1,209
Off Topic
Opinion:No Opinion
Price:18.38
RE:Just a thought
8 Jun '15
On 21 May 2015, the Company announced the publication of a circular (the 'Circular') in respect of an open offer to eligible shareholders (the 'Open Offer'). The latest time and date for receipt of acceptances under the Open Offer, as included in the Circular, is 11:00 a.m. today. The Open Offer has, to date, received a strong response from eligible shareholders.
PNE79
Posts: 1,123
Off Topic
Opinion:No Opinion
Price:18.38
Just a thought
8 Jun '15
JP must now know how many shares have been applied for, most probably well oversubscribed. He doesn't officially know if N2 will be commercial but is very confident. He releases an RNS which states low permeability, which he fully expected. The weak fly the nest and his long term faithful get to hoover up the warrants. A long shot I know but a theory non the less.........
Appiamma
Posts: 743
Off Topic
Opinion:No Opinion
Price:18.38
View Thread (4)
RE: Nervesa 2
8 Jun '15
Which is what some people have been saying all along. They are addressing the same structure makeup as N1 and therefore its not unexpected that N2 plays out in a similar fashion - what were people expecting Badile? . James has tried the upbeat super positive RNS before and look where it got us - so I will let them do their job and wait on the actual results for this second well. We already have one well coming on line this year and if this one turns out having similar flow rates then it wont exactly be a 'shock horror' moment. The only difference I can remember is that there was potentially more gas in this half of the structure - not that it would flow more quickly. GLA
PNE79
Posts: 1,123
Off Topic
Opinion:No Opinion
Price:18.38
View Thread (4)
RE: Nervesa 2
8 Jun '15
Shareinvestment............I agree, I'm a lot less concerned than I was at the start of the day. I'm quietly confident N2 will be ok, we didn't seem to have this worry on N1 though. If this is a similar situation to N1 than I would rather have had the RNS's worded the same as then. More professional for corporate clients isn't floating my boat if it causes a big drop. I trust JP and nothing has changed to change that.
If we do end up with a duster Id much rather it be N2 than badile or Tendrara. I'll sit and wait with fingers crossed.
luckyman2
Posts: 792
Off Topic
Opinion:No Opinion
Price:18.38
View Thread (4)
RE: Nervesa 2
8 Jun '15
Lots of investors panicked today and sold.
Lots of good news still to come.
Nervesa 2 will be commercial.
ShareInvestment
Posts: 380
Off Topic
Opinion:Strong Buy
Price:18.13
View Thread (4)
Nervesa 2
8 Jun '15
By the way James also confirmed that stimulation techniques were also used on the first Nervesa well. I think that we should therefore assume that Nervesa 2 will come along in a similar fashion to N1 and really celebrate the fact that we have now also got the very exciting Morocco potential. As mentioned before this is a buying opportunity for the ones with a medium term horizon,
Squillou
Posts: 63
Observation
Opinion:No Opinion
Price:18.13
@Ducati2
8 Jun '15
Just wanted to say a big thanks for the technical insight- very useful.
ShareInvestment
Posts: 380
Off Topic
Opinion:No Opinion
Price:18.25
Permeability N2
8 Jun '15
I asked James about the low permeability of N2 and he personally confirmed 'The fact that Nervesa is per se low permeability does not surprise us'





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