Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
SR, I was going to post a really sarcastic response, but I shall refrain from doing so, at least for the time being, as you have asked for a summary but I must say your response is quite frankly pathetic, you couldn't even be bothered to answer the question on the first line that I asked! I apologise now to everyone else for the slight off topic, I shall post a summary but it is a summary from the PDF I linked to earlier which is a legal document filed before the Utah board of oil, gas and mining on September 12 2017;
From page 10;
"Drilled Liberty ST#3 (2015)
Followed Scotforth plan and drilled S/SE to encounter RSDD-H Anomalies."
"Drill to reenter, Run Logs, Run Casing, Perforate and place ST#3 Production (2017)
Now that we have idnetified the black oil column and resolved Cretaceous paraffin issues, we will clean up and produce with heated fluids as noted on slide 15."
Page 11 ;
Title; "Scotforth's Scientific RSDD-H Mapping"
Sub title; "Identifies Oil leg in dark green/black"
"The Scotforth Ltd Proprietry Mapping explains why the initial laterals (1&2) found high end condensate... but missed the deeper oil columnfound in Lateral #3."
"This ST #3 Lateral drill intersected EXACTLY where the Scotforth RSDD-H readings indicated."
"These RSDD-H readings at the Nephi location have "similar expression to that observed over the Central Utah Covenant Field discovery." A (50+) million bbl field) analog. Quote by Scotforth"
Just to remphasize everything in quotes above is taken directly from official, filed court documents.
SR, if you are unable to read the above, to big a word count etc. click on the link there's a very nice pitcure for you to look at on page 11.
If you want to convince me that RSDD-H does not help to reduce the risk of drilling a duster then you have your work cut out, you will have to back up your assertion with a solid explanation with facts as to why the conclusion that I have come to is wrong and that you are right.
Finally, just FYI, the above is just one document that I have read during my research of hyperspectral imaging and its use in finding not only hydrocarbons but other natural resources as well.
Kasjnaton, thanks for the background info on sound.
That explains why he is so bitter. He called £2.50 the market gave him 1p. He was wrong by a multiple of -250x.
To carry that resentment onto another stock where it's clear other investors are doing well is just shameless. Hmm does the thought of others doing well make him jealous?
Terrible traits to have as a grown man. I sincerely hope he has more to do with his life.
Thankfully he is filtered and I don't have to feel stupid reading his posts.
soundreason, you have, as is your MO, completely ignored all the points that I raise but first an easy question for you, what exactly have I ramped?
It was not me ramping SOU by signing off every post I made on the SOU BB "with £2.50 at least", or shouting out at the Gherkin anyone buying in at these prices won't lose any money (80+pps at the time), which was completely uncaveated.
I was actually saying that the only way for share holders to not be diluted and to get a decent return on their investment was for a commerical discovery to be made.
The only way to have done this was to drill, which you know full well I was for but I wanted Sound Energy to reduce the risk of drilling another duster, as if the dusters at Badile, TE-8 and TE-9 were not sufficient evidence that risk reduction was, for TE-10 and any future drills necessary.
After carrying out research on RSDD-H I came to the conclusion that this could, and should have been used to reduce risk.
Just one piece of research was this;
https://fs.ogm.utah.gov/bbooks/2017/08_Aug/Docket/2017-020_274-02_Hewitt/2017-020_20170912.1_RespondentsExhibits.pdf
(The whole document is actually interesting reading but pages 10 and 11 hold the pertinent informaiton).
As for calling it my technology, I am not affiliated in anyway whatsoever with Scotforth or their RSDD-H technology.
You still refuse to explain how you arrive at any of your valuations.
As for ramping PRD, again that is not me, I just read the published information and come to my own conclusions, for instance who is Paul Deane?
What assumptions did he make in his calculations when he estimated the value of the FSRU project to be worth €26 billion over 10 years?
What risks are there associated with this project to stop it going ahead?
What other papers has he written?
https://www.researchgate.net/scientific-contributions/JP-Deane-73775387
https://www.researchgate.net/scientific-contributions/Paul-Deane-2163010038
Out of curiosity SR, do you consider anyone stating "€26 billion over 10 years" as ramping? ( I realise that it is pointless asking you as you will avoid answering this question, just putting it in to prove a point)
Well the two links above show the level of detail and quality of other papers that he has either written or been a contributor to but of course I am wasting my time typing this out as you have no answer to any of the above but mayber one or two other people find the above links of interest, at least that will save me from heading off to the nearest brickwall...
I see a few more comments have popped up about (un)Soundreason, AKA SG47 and Shaungreen, if you were to read through his posts on Sound Energy you would see that he was always optimistic, you could even say that he was ramping Sound by constantly stating £2.50 per share, now it's about 2.5pps.
So he ramps Sound, and criticses anyone who is pessimistic and now he is on the PRD board being negative to anyone who publishes figures that have been calculated using information contained within RNS's.
As for asking him to back up his perspective with facts and a well reasoned argument or to put a value on what he thinks any of the three areas can be worth even in a range from worst case to best case is a complete and utter waste of time, not just my opinion either, ask PS200306 on the SOU board.
A few further points need to be added with regards to (un)Soundreason's comments about GRH, I feel that this is totally unfair and completely out of order.
Like Soundreason I also held Sound shares, (I still hold some but the value is so small as to now not be worth selling), GRH put a message up on the Sound board last July when the PRD share price was 2.5pps suggesting that people take a look at it.
I read up on PRD because of GRH's recommendation and have been buying as many shares as possible ever since, because of this I have now more than made up for my losses (which were significant for me) incurred through the shares I had bought in Sound.
I just wished that I had listened to 250SWB when this person warned everyone, via the Sound BB, about the trading plan, if I had I could still have left SOU with a sizeable sum of money even then.
So who am I going to take more seriously GRH and other posters who back their calculations up, and then caveat their calculations with statements such as "if everything goes well" or "there are risks associated with investing" "DYOR" etc., or Soundreason who just seems to pluck figures out of thin air and cannot back up any of his statements, he cannot even give a reason for any of the statements he has made.
I suggest that folks just don't bother interacting with him, there is not much point you'll get more sense from banging your head against a brick wall.
It seems to me that with SoundReason, he may have become confused as to even the balance in his moniker.
There would seem to be an excess of Sound and rather an absence of Reason.
than for subtle deramping why are you here? It’s not for Soundreason is it? For someone who apparently has a huge holding of shares which I highly doubt you really are Mr Negativity for the sake of a polite phrase are you not?