Roundtable Discussion; The Future of Mineral Sands. 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.
Used to be Ramadam ( then covid ) and now Eid :)
These things are known about ....they havent suddenly been added to the Muslim Calendar.
Do such big projects really get delayed by this? I am not saying it won't happen,but truthfully, how many on here are surprised by another delay?
i hope is does get sorted... not much left in the pot
Over the subsequent 10 months the Company has scheduled its work accordingly and managed its corporate cost base such that its remaining cash resources are now expected to be sufficient to meet the Company's present working capital requirements through to July 2023.
Thought that this would be the case, as i mentioned in my message of yesterday.
just had a quick look about Eid and it does say about giving money to the needy. Well here we are £223mill will be enough thankyou
Yep, this is Sound. Delayed due to Eid holidays. Shouldn’t be long fingers crossed
It is very unlikely IMO that Sound will announce early.
All complicated projects that involve multiple parties, requiring coordinated announcements of price sensitive information, will work to a specific date and time. Even if one party is ready early, they will have to wait for the agreed date to announce.
Friday is the date for the announcement, and Friday it will be.
Better to spend a little time anticipating the content of the announcement than the date it will be made.
Rarely do investors get such a golden opportunity to prepare for such a potentially momentus announcement.
Optimising ISA's and SIPP's is the least an investor can do whilst waiting. Topping up at ridiculously low prices, or averaging down are the obvious strategies. What about on the day?. Some investors will get their funds ready for positive news, ready to buy early before the rush. Others will pour over the content and wait to see where the market goes before committing. Each to their own, but a golden opportunity to prepare.
Rns primitive text.
Hi, I haven't seen runs saying there is an extension to the date or is this a mystic meg moment on your part?
I feel this is a very big deal for all Moroccans , so I wouldn’t be surprised if the royals want to announce that Morocco will produce its own gas . Fingers crossed for this week , anyone know if team sound is in Morocco ?
Still many folks on the EID break in this part of the World. This can or might frustrate matters!
you couldn't be more transparent if you tried.
if you don't think sound is a good investment, simply sell.
in the last few posts you've said 'pump and dump' if an extension sp will be .7p
it's priced in .....
very funny
They've still got two days ... so we'll have to just wait and see. If you don't like waiting, this isn't the share for you! ;-)
The Bank might be waiting to see how the tax issue gets resolved first before it puts pen to paper...I still think they will commit to funding but the final deal might need tweaking dependant on that.IMO...fingers crossed though..
Here we go another extension on the way, some thing as important as what we expect to be signed won’t be done on a last minute to go on an Friday afternoon
I think a few transactions today have been bed & isa on a few larger trades ? I intend holding whatever happens & won’t be blinking , whatever way it goes !
https://www.moroccoworldnews.com/2023/04/355138/spanish-fm-signals-tense-deteriorating-spain-algeria-relations
This could further increase the need for Moroccan Gas to export. I imagine there may be much pressure in Morocco to get our gas out of the ground asap.
Tincan. If this deal gets signed off I think people will struggle to buy them at 3p pretty quick.
SOUMAN , I did a 1 mil dummy & got the same result !!! I feel we may finally move up a bit more tomorrow, imho
Hoping this isn't yet another buy the hype, sell the news event. If being a Sound holder has taught me anything over the years, it's that 95 out of every 100 'operational updates', 'funding', 'new agreement' etc is almost always met with either a big decline in share price or other anti climax drop/slow decline. It seems that this share is incapable of sustaining any big gains without a 'much better than expected' result at the drill bit. Nothing else seems to matter. I can't think of any other occasions where there have been material and (at least somewhat) lasting value added. That's the bad news.
The good news is that I tend to get every single prediction about this company completely wrong. So by my own logic, we may be in for a pleasant surprise towards the end of the week. One thing is for sure - if there are no material updates or positive actions, fully funded, which result with Sound actively generating income within a reasonable timescale, then I think we can write this one off once and for all.
Dummy trade lol
Strong demand. Dummy tace of 1million shares offered 2.025p to sell.
MM's are giving every opportunity to trade with 5% spread. I was 'will I wont I' with a sub2p buy, and the 'wont I'won. Drat. Decisions, decisions. As Joe Creed stated, every chance of a dip back. There will always be profit takers, and that is the name of the game.
For the long term, there is plenty of gas there, and it is doubtful if the much publicised 'H2 from renewables' economy will happen in the next 10 years.
Some nice buys going in today, RNS tomorrow maybe ?
Playing with holding wasn't such a great idea. Had to pay slightly more to get back what I sold off at 1.70p. Sp progressing nicely now in the 2s, with much more upside to come, imo.
Every day passes now means less to wait for the re rate in sp…
This share should travel in one direction towards R1 @2.10p then R2 @2.45p …
Technically and fundamentally this sp looks good to rise..keep holding for multi baggers..
Holding strong
GL