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there was a 3m sell earlier and yet the bid has gone up.
I think we're just in a holding pattern until significant news arrives.
Hard to believe where the share price still is, it seems as though it is basically priced to fail.
Which hopefully, for the brave, creates an opportunity.
I read someone recently (it may have been a link here) that ENI are buying up large chunks of producing assets in Algeria to help secure europes energy needs. Surely this must spill over into them considering the longer term requirements and developing new resources? Assuming it does, then we would hope that there is a reasonable amount of industry interest in farming into the exploration and production parts of SOU.
Not many updates recently, so must be due a few….
Someone dumped 40 k worth this morning, makes you think who or what’s going on ? Maybe if the bod bought a wedge it would help ?
So is this the reason for our stagnation or can someone explain the reasons, thanks
CHAR holder here - what re you guys bullish on SOU? are you not in the middle - an losing litigation with well the most important player in this game- genuine Q
https://uk.finance.yahoo.com/news/eni-e-buy-algeria-fields-131401701.html
Well if they are going to have a Q & A we now know nothing is going to happen soon. The last few Q & A’s have never been pre quilled with any news so you can’t really have a question of interest to ask Although some one on here did mention something must happen by the 20th of October. So until let’s all expect to be very Bored
What nonsense….
It could have something to do with the anoual drill, of which the deadline for a second extension or a drill start is getting very close. Watch out for an RNS prior to the Q&A.
another QA? where is the action?
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Production from CHAR is at least 3 years away. Its offshore and will take time for FEED, FID, placing tenders, construction, commissioning and then getting molecules to market. I am not saying it is not a good investment but it is still a way off yet, and much more complicated than what we have !
Char seems moving.GL need to do something, otherwise Char is a better substitute. whereare the news on the dame in stuff?
In Consolidated Income I see £21.7m under Total comprehensive income line.
Profits? Wrong stock by any chance?
One-time thing unfortunately, bulk chunk of these profits aren't from core activity.
The moment energy prices gets back to normal - they are very likely be struggling to break-even again.
Rosy report :)
Slippery old sp again I see , soon be Christmas, I feel like a stuffed turkey here !!! Gla
I’d love to tell you, but it’s still the summer holidays and Mrs StMary is still hovering around somewhere ;-)
How do you know. Still no news from the Moroccan rax authorities on why they give their judgement
1.449’s are buys. Don’t ask me how I know :-/
Hopefully, we may get some news soon on pipeline financing, drilling , maybe another q& a would be nice ?
250k shares sold today for the princely sum of three thousand four hundred English pounds. Depressing.
This lack of news is depressing, why can’t sound just take a couple of pictures on how the building of the plant is going and post them . After all we are a thousand miles away so we can’t just pop round for a progress report. Or would something this simple break some rules somewhere