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Trellis. Appreciate you could be genuine in your thinking and there is no reason i (imho) to think otherwise. But on the other hand, may be you dont seem to bring solutions.; it looks you want confrontation and it is fine if this can bring any good but it doesnt seem it will. Most LTHs dont have any choice except to keep hoping there could be something positive coming. And most of the LTH, if they can, wish to see James Parsons et al in jail but hey we are where we are...trapped.
is GL different? Time will tell though human nature is very bad by experience and talking about governance and ethics is B..in the world of those guys.
Trellis that’s some doomsday scenario. I was going to ask if you had any conspiracy theories but I don’t think I’ll bother. It’s not a case of your cup being half empty as you don’t even have the cup. Some of what you say may be plausible but you maybe overthinking things to destruction.
trellis, lots of examples of Chinese companies making overtures, stringing things along for months/years, and then never coming up with any cash. Witness Providence Resources and APEC for example.
Where did it come from that there were Chinese bidders? I really can’t believe we’ve been diluted massively twice since the long awaited LE was announced. What a sh*t show.
I still really hope a company just comes in to buy the lot and put us out of this misery.
With all the chancers around, Sound needs to try and regain a healthy and credible plan. I see all the things done over the last months exactly as that. We can only speculate what’s playing out in the background.
Trellis,
Why were they negotiating with Marco and not James?
Who made the final decision which Company to pick James or Marco or the whole board?
Are you saying that Marco is deliberately not listening to credible offers? To what end? Trellis why can't you share the names of the Chinese or Italian individuals again for the people who missed it?
I have to say Sharetrader123, at least Trellis35 hits the near term issues head on. You merely appear to circumnavigate them when providing commentary. SOU NEED 50million as per Lyon's comments to get to first gas.
Do people agree that Lyon DID make those comments about no further dilution?
Pduk I’m not trying to circumnavigate the near term issues. I’m just saying that I do not have enough credible inside information or correct figures to be certain that the information that Trellis puts forward is 100% correct therefore it is pointless trying to challenge speculation especially as it all constantly points to the worst doomsday scenarios.
So,
trellis is the chink in the chain? “ LevelUp - I raised the Chinese bidders. I know the name of the company,their owner and even the name of the negotiator who flew in to open discussions with Marco only to be rejected“
That close to the Chinese you shouldn’t be heading up SAG. Conflict of interest now we know Trellis.
More dilution and back down to a penny, ready for the next step up. Anyone understand the pattern?
No more dilution: result, dilution. Didn’t I say.
interesting,
so sag's beloved leader, who happens to run a business sourcing teachers for China and presumably has Chinese contacts, raised the Chinese bidder and knows everyone involved on that side.
looks like someone might have been trying to organise a coup here whilst supposedly working for the sag members.
is it any wonder that he's so bitter?
maybe sag wasn't just an ego trip after all.
maybe, just maybe all the negative b*llox is more to do with somone feeling rejected and losing a possibly lucrative finders fee from the Chinese.
what a tangled web we weave.
The CCP runs deep in this one Yoda.
Former Fastnet CeO, the one that found TE-5 back in Morocco, with Predator oil & gas. One of two recent interviews.
https://youtu.be/4CnukuJr4ws
I've only read the first few lines of your post and won't read more as better things to do, but I notice you are sticking to your modus operandi of highlighting the most ridiculous criticism levelled by anyone (CIA) and linking it to every other criticism.
this is a standard technique to throw reflected absurdity at otherwise sensible criticism. It’s akin to the way you always previously started by alluding to being attacked.
it will only work for the casual, less well educated reader.
keep trying :)
The BOD did definitely confirm that there would be no dilution on more than one occasion. I remember them confirming this in the Q&A.
Apologies trellis35 but I was merely asking for you to reiterate the names of the Italian, Chinese and British parties as you said you had already done so here. I am truly not being vindictive or malicious in my post.
Appreciate your confirmation of where Lyon stated that no dilution would happen. Disappointing that he has gone back on his word soo early on in his tenure.