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ST123: "We have the gas, we have a board with a plan and thats all that is needed."
Uh, no, and you can't possibly be deluded enough to think so. We have the gas, we have a board who SAY they have a plan (but haven't told us what it is), and we have none of the money needed to execute the plan or develop the gas. And to even get to the point of trying to raise the finance for infrastructure, we first have to navigate between the Scylla of debt repayments falling due and the Charybdis of the Moroccan tax authorities. Each of those is roughly the same order of magnitude as our current market cap.
I know being 70% down on your investment can bring on fits of wishful thinking -- we all do it. But there's wishful thinking and then there's full-on willfully delusional.
Sh123 ps never come out with a coherent argument to shut you down? Are you having a laugh? You still haven't told us where the circa 60m needed for first gas is coming from( bond, tax and infrastructure) .
Prime doomsayer uk, I cant remember ps ever coming out with an cohesive argument on here even remotely capable of making anyone pipe down so he must try harder.
I’m sure all the doomsayers will be forgiven when we arrive at first gas and the outlook is far more encouraging for all but until then we will just have to endure their misery but challenge them at every opportunity.
Sharetrader123...
ps200306 can do his own thinking. It would be fair to say he has made you pipe down on more than one occassion.
No one suggested/stated that this would go to the wall over night but it will if they fail to raise the 14millon and 28.8million. Interesting that you readily misquote people but when others do, with proof, you start crying (have the post removed) or disappear for a few days.
You're right, we need more than luck to meet the above payments. With no revenue this is an extremely tall order. Unless you're suggesting that James Parsons and co simply left this opportunity to someone one else tot take the glory?
How is your spreadbet coming along (6th time of asking)? Must be frustrating for you when real LTH's with real skin in the game dilute your bulls**t with the actuals. 70% down? ;-)
Watergate there is no luck involved here. We have the gas, we have a board with a plan and thats all that is needed. Doomsayers need a a little patience to allow Graham and the board to move the plan forward.
PS yes it bounces back very quickly as you seem to have a very short memory in trying to remember the recent below 1p to over 4p rise and that wasn’t even on that much positive news so no worries on the bounce back ability here. Or perhaps you still believe that idiot mate of yours who said Sound were finished and predicted the share at sub 1p and in free fall?
Turkey? More asinus praesepe vaccarum.
"we know how quickly this can bounce back so no panic"
Yeah, DON'T PANIC MR. MAINWARING. Only down another 7% today, well below a penny ha'penny at this stage. Glorious buying opportunity. Got to wonder where this turkey will be by Christmas :-/
Watergate, there's only one 'Crude'...all others are cheap immitations!!
"the irony is that most of the whingers on here would be happy to be down only 70% :)"
too f'ing right
Oh yes.
The day this Phoenix rises from the ashes will be a sweet day indeed!!
(maybe bitter sweet for some, but at least a very positive step forward)
Keep, yes down right now but we know how quickly this can bounce back so no panic. It will just make the day just that little bit sweeter when it does come back.
the irony is that most of the whingers on here would be happy to be down only 70% :)
"The irony is that Sharetrader is now down by around 70% on his own investment." :-)
PS why aren't you asking your doomsayer mate pduk why he told us that Sound are finished? Not maybe or it might be but was quoting a definite which hasn’t materialised. Why are you not having a go at the other doomsayers who were predicting a sub 1p share price in free fall which again has not happened? No it’s far better to wallow in misery and to try and score points against those who point out these facts. I will repeat that Graham and the board have did little wrong in this post Parsons era and have a clear plan to turn things around which they should be left to get on with.
Sharetrader123: "The share price is holding up relatively well given the disputed tax demand. "
Uh, wot? You could call a 25% drop "holding up reasonable well". But that's only because the price had already dropped 50% between the LNG Heads of Terms RNS and the Tax Bill RNS. Maybe we need a *really* bad RNS as, the better the news, the more the price seems to fall.
Watergate, chariot is already my saviour but there’s a lot more profit in it to come for sure.
Watergate its a bit like a beacon of light in a sea of misery.
Utility like I stated earlier, only you could take a totally neutral comment and accuse someone of putting a spin on it thus trying to desperately justify your skewed perspective.
For all you doomsayers out there, the share price has not dipped below 1p as you were predicting and we are still trading. The share price is holding up relatively well given the disputed tax demand. None of this has dented my belief that Graham and the present board are still on track to deliver their plan so I’m afraid it’s still “in Graham we trust”
Ps you are correct however I’ve recently bought a load of chariot shares at 2.9 p so they were up over 5p earlier so happy days. I will not sell for a quick buck as this is a multibagger for sure.
The irony is that Sharetrader is now down by around 70% on his own investment.
Totally agree Joe Creed but hold on mate we have already been informed by Sahretrader123 that Sound `are refuting the tax demand and will rigourasly defend it`We are all aware of that. In another post he told me that he did not have to inform anyone that Crowe are acting for Sound. As if he was the only one who had this information. He declined my invitation to explain to me his false claim about the positive reaction of the market, which was and has been since negative.
Anyway i`ve had all the fun i can take with this joker who has his head so far up his backside he cannot think straight. Deceitful ramping is, i believe what led many to over invest here and they have to live with those results.As i have consistently stated no one forced them to buy but this constsnt ramping did not help. We don`t need new people here doing the same. Sharetrader goodbye.