We would love to hear your thoughts about our site and services, please take our survey 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.
Yes, I agree with you on that one, it is very odd that Kylie spends so much energy berating a business that she is not invested in. Very strange behaviour indeed, probably a personality defect issue there somewhere, hard to tell, but only a very sad individual would waste their time on a business in which they are not invested.
On a positive note, the accounts show that Sound is now in a better place financially, than it has been for a long time. Well funded with money in the bank, debts cleared and tax liabilities settled.
Sound has a clear plan for the next few months, wealthy established and supportive business partners ready and proven gas assets and reserrves ready to be exploited.
IMO things are looking better for Sound than they have for ages :)
We're just a mere 10,000% away from getting back on track.
Mr Kylie.
Enjoy today for what it is don’t be bitter.
Tomorrow will always be better!
Love life !!
Hehe
Keeptofacts, yes it's baffling that she spends so much time on a company that she hopes will go bust, whilst begging people to sell?. I cannot understand how someone could hate a company so much that they would never invest in, unless she is a disgruntled ex-employee.
Im sure we will get good news on contracts getting signed off soon.
Can't believe you've bothered wasting your time posting that.
I actually laughed out loud when I read 'imo' as if that has any weight 😊
right, I'm off to find a company I don't think is worth investing in so I can waste my life posting negative BS about it.
or maybe not, I'd rather do something positive and fun.
Assume it’s quiet on here today as many are scrambling around trying to find the penny that dropped. That RNS / Accounts unveil most of what I’ve been saying.
1. Phase 1 timelines pushed back yet again, I’ve said this over and over
2. No phase 1 revenue until late 2024 now imo. They can’t even get their story straight about when kit is arriving in the same RNS. It’s a work of fiction.
3. Full drawdown of remaining CB (1.5m to go still) needed just to keep lights on
4. More funding needed then in 2023 just for 1H24
5. No news that will spur the sp and allow that at high prices
6. SP death spiral nailed on here now, shorters paradise with almost zero risk
7. Nothing on Sidi other than admission they’d need to give away a material chunk to entice anyone in. No work being done there
8. It is a 3 well drill programme they’re after, like I said and many said I was talking bs. No signs of that either.
9. The warrant and CB sections are shocking. The dilution in play and to come will wipe out all value here
10. Company not deemed a going concern by its auditors
11. Final and undeniable proof even for the greenest investor that GL and team lie, embellish the truth and don’t give two xxxxx about current SH. All they care about is the company and their salaries. They are two very very different things!!!!!!
RIP Sound.
Sell sell sell
Morocco is seeking partners to develop its gas network to feed the country’s industrial hubs and to one day potentially carry green hydrogen both home and abroad.
The state will soon tender to select at least one private partner to help develop and manage the infrastructure, which could include terminals and pipelines, according to Energy Transition Minister Leila Benali. The World Bank’s International Finance Corporation is helping with the process, she said.
Both gas and green hydrogen have become a focus of Morocco’s energy plans. It’s one of Africa’s top fossil fuel importers, but onshore and offshore gas finds could help cut coal needs. There’s also growing interest to build a clean hydrogen sector, especially given Morocco’s geographical proximity to the European Union, and its free trade agreement with the bloc and US.
“We have many players asking us about that infrastructure,” Benali said on the sidelines of a conference in Marrakech on Tuesday, referring to gas. “Our gas development plans seek to bring flexibility to the country’s energy system.” That infrastructure will be connected to the Maghreb-Europe pipeline through which Morocco imports gas from Europe. It could be injected with green hydrogen at later stage, she said, without giving details.
Phase 2 Tendrara TE-5 Development
20’’ inch, 120km Tendrara Gas Export Pipeline ("TGEP"):
Tie-in to existing GME pipeline (Station M04): FEED completed by Metragaz (EMPL operator)
Pipeline EIA permit approved
70 mmscf/d raw gas CPF processing capacity: FEED completed by Enagás Consortium
CPF EIA permit approved
Gas Sales Agreement ("GSA") with ONEE (Office National de l'Electricite et de l'Eau potable) signed November 2021 for domestic power plants for gas-to-power generation (transit via GME line), minimum volume of 0.3 bcm/year
Six horizontal wells planned for First Gas (Phase 2)
Buy Buy Buy
I had a small nibble too. I’m not one for trends/charts but historically there’s been a few climbs to 2p or thereabouts. Might get next years holiday paid for. Good luck
I didn't buy any more at the recent low, funds commited elsewhere, but believe that may have been the pre financing and partner signoff low.
I took a small amount below a penny....all helps with the average
St Mary, - I'm similar, but in some ways a mere fledgling by comparison with a meagre 7 years of time on the board.
I keep lowering my get out average in my mind (as expectations reduce), but I would like it to be higher than 2.5p per share to make a shilling or two of profit before I bail. Not my best investment at this stage but will give this two more years and if no marked difference in SP then I'll sell .
I do have faith in GL and the team though, it would just be nice to see this SP elevate to 3p
GLA investors
Buyer paid over the 1p... looks like .8 was the bottom.
Good Price to get on the Sound Plane, just over one penny. Cheaper than British Airways flights from London to Marrakech from £282
So Buy Buy Buy.
Only another 10,000% and we’re back in business. 👍
8% not too bad
Sorry, bit of dark humour. Nah, I’m in it for the looooong run. Must be 13 years no, so I’m not bailing at tuppence
St Mary, after all this you'll bail at 2p?
each to their own but I would think a Market Cap of more than 40million will be justified once phase 2 funding and fid finally signed off.
In for a penny in for a pound
Out for tuppence if luck is around
Get on the PLANE it’s SOUND ;
IN FOR A PENNY, IN FOR A POUND.
BUY BUY BUY
Sounds crazy saying 1p.... sounds even more crazy getting excited about this maybe going to 1.5p ;-0
All aboard 1p. Train leaving the station
Buy buy buy
🤣
I took a gamble on a few more. I do not think the 3 parties would agree to the tweet if things were not going to plan.
Southmead,Hope post 13 doesn’t cause a problem! I agree , some meaningful news soon
You know I really wouldn't like to be out of this one over the weekend.
Good news feels imminent.