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ironic you should say 'man up' to me.
At least I wasn't uncharitable enough to aim those words where they might more appropriately be directed!
Have a lovely weekend.
I believe Crude to be genuine as he was invested in Sound long before JP arrived but I imagine he’s somewhat embarrassed by how this has turned out. The Ghislane Maxwell of Sound.
I'm unsure why anyone would be soo uncharitable as to stifle peoples opposing views on a free BB. Positive or negative, it doesn't make a shred of difference. A great deal of people have (stupidly) invested heavily in James Parsons words. Now that he has done a runner, this board maybe is the only outlet they have to vent. Just because you was soo wise or invested an insignificant amount in comparison to be still soo positive, doesn't mean you can lord it over others. Man-up or filter!
This is to you Sharetrader123, if things are soo rosey here, why are we diluting 31.9% of the shares in issue all the way up to March 2021 - the time when the bond (20million) is required to be paid? As per Trellis comments, how does the 6million gross service the 50million, stated by Lyon, that is required to get to first gas? What about the interest payments? Sou PI are continuously being told that the SOU acreage is the best thing since sliced bread. However, the drill bit says otherwise and the talk is cheap from the various 'interested' parties over the past 2 years.
Lets us be clear, what Lyon has set out to do is a big, big ask and from a position of financial weakness. The victims/losers will be the PI. Not Schlum. Not OGIF nor Morocco as the asset will revert back to them as well as the data/analysis which the PI paid for.
Crude had his nose so far up Parsons hoop, when he went for a dental check up he had to book an appointment with a proctologist...
it's an interesting question.
I DO believe parsons et al. (and I include crude in this whose mortgage payment sale looks far too timely in hindsight. I wonder if he was tipped off to get out by his mates?) over sold the prospects.
BUT surely anyone investing (gambling) on aim knows the two fundamental truths, you can't fully trust the bod and there WILL be a share placing at some point.
people have banded about stories of people selling houses to buy sound shares. ffs if there was a financial equivalent of the Darwin award they'd be a shoe in.
KTF There’s sales tactics then there’s deliberately misleading. The amount of money people invested is irrelevant it doesn’t matter if it was hundreds or thousands, we were conned & there needs to be accountability to stop it happening again. Rinse & repeat.
Keeptofacts I totally agree.We are in a period of non activity at present and this is generating plenty of negativity which will only get worse whilst we are in this dormant period and no doubt as it intensifies the board will be demonised even more as frustrations become greater. Once we get near to first gas and the SP recovers the board will no doubt be elevated from pantomime villains to heroes. It may take a good few months to see this change but I’m confident it will come.
Sorry all, but been here longer than most.
Going to post what i like. if you do not like it filter me.
I’m not missing the point at all. If you watched the last Q&A then reference was made to these facts. The board stated the difficulties at present and stated that although they were having video meetings that it was no substitute for face to face meetings that were and still are difficult at present. We could just ignore this and post an article over a month old trying to discredit Sound for the sake of it.
think you're missing the point Sharet...
The majority of posters on here lately (and for quite a while) are not interested in the future of sound.
all they care about is moaning about the old bod and telling everyone the new bod are the same.
why anyone would waste their precious life being so negative is beyond me.
The funny thing is they will become even more vociferous as the Sound sp improves over the next few weeks and months.
I won’t be answering any of them, included their self-elected ‘leader’ but I will be laughing quietly (not ‘lol’ as I’m not a teenage girl) at their more and more desperate posts.
Have a great weekend all genuine posters.
Hi Sharetrader.
You are missing the point the meeting in the article was undertaken remotely and agreements were signed.
The question is why can t Graham do that. He keeps blaming COVID, but other companies are managing OK
You don't need to quarantine or social distance on video conference, Sharetrader123.
Eric is absolutely right. Same Porkies different BoD. I'm assuming everyone remembers the old guards story of drilling delays due to a missing part? Or indeed that there was going to be 3 drills in the campaign.
Ericnat this article is from early June and stricter covid lockdown rules have been introduced since then and even stricter ones this week due to some spikes locally. So I’m sure the board are struggling to set up face to face meetings but things are beyond their control at present and this is no reflection of inactivity on their part.
Graham being telling porkies about unable to sign deals due to Covid.
Others not having the same problem.
http://www.onhym.com/actualites/550-12-juin-2020-signature-d-un-contrat-de-reconnaissance-entre-l-onhym-et-la-societe-conocophillips-morocco-ventures-ltd.html