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Full steam ahead with production now.
Morroccon government very supportive.They know what's down there.pressure now firmly on cavalley to sign or see you later .we have others awaiting with I am sure with a better deal.
Kylie , Enough is Enough here & im sure all are aware of what’s happening, so stop with the drama, Thanks
I suppose there’s always a possibility someone just happened to press sell rather than buy……oh who am I kidding. It’s like a Monty Python sketch this corporate drama. There’s GL screaming from the window that GD has been a ‘very naughty boy’ whilst he’s paraded through the town, then in the background in the village square a bunch of shareholders crucified on crosses singing ‘always look on the bright side of life….’ That’ll be what’s written on the post it left of the desk as GL switches the lights off soon. Looks like SHs have been played yet again. RNS coming on further dilution soon plus a grovelling bag of excuses tomorrow night. Has anyone even bothered asking any questions. What the company needs is revenue and profit. After 14yrs or more I’d think people would have learnt.
4 We as directors who know exactly what’s happening operationally and financially think it’s best we don’t invest any of our money in this company as it would result in us losing money ( no closed periods !) IWe would like to thank all the loyal shareholders who have paid our wages for so many years and we can’t be bothered apologising for all their capital losses for our incompetence.
I think we could WRITE Graham's presentation for him at this stage:
1) There will be no new material facts. The RNS already told you that.
2) He will say SOU is in a great position and everyone is working really hard, but it's not going as fast as he'd like.
3) He'll mention all the wonderful things happening on site, without acknowledging that they are many months behind schedule.
3) He won't mention the company's current cash position.
You said something very similar last call ktf. reality was, same old excuses with some empty vague distant belief added in. tomorrow will almost certainly be no different. they can't have deliberately delayed material good news to coincide with a retail investor call, simple fact. therefore tomorrow will be another damp squib, the tenth in a row by my guess.
Even for me as a believer in Sound, I think he would be completely crazy to have this presentation without being prepared to say more than last time.
there was no compelling reason to have the presentation this week, so ...?
What could GL say in this presentation? Msy be it is just the same old: things are progressing, demand is there and trust me!
No big news just another normal week for SOU. Lets hope it don't so sub 0.8 p
Sometimes less (lots less) is more, Adam
Posting herd is a bid of fun .whilst we await the big Rns from the mighty soundenergy.
Mr.wolfe.freedom of speech. I'm sure you invested because uou done your own research.if you didn't.then you must big a big fool.
What reputation, Adam? You pollute the BB with your inane waffle on the daily, give it a rest.
Adam2911: "Right girls and boys...I'm putting my reputation on the line here.. Cavalley is a done deal.clues were on the last rns..if its not then I will stop posting.thats a promise..."
An empty promise unless you give us your drop dead date. On what date, in the absence of an RNS, will you stop posting?
Lyndondavies1: "Looking at the progress on site at Tendrara ,this must be costing a lot of money,but going strong. How will we manage to keep that going without the deal?"
The Phase 1 work is being covered by the ongoing drawdown of the Afriquia Gaz loan. It doesn't cover G&A and other SOU expenses, which must be a considerable problem at this stage. Also, it's hard to imagine the lengthy overruns are not causing cost increases on Phase 1. Calvalley will pay back costs to SOU and also provide a loan facility to cover cost overruns. That would dig them out of the hole they are in now, albeit with additional dilution. I imagine there is no immediate threat to Phase 1 work, but SOU themselves must be running on fumes and desperately in need of the cash injection.
Adam if we do get an RNS can you stop your mate Kylie posting, please 🙏 😂😂
A bold statement.
please point to the 'clues'
thanks
p.s. I do think it's close, but we have been waiting a long time ....
If it was a done deal then a Friday afternoon RNS would be on the cards!!
GLA investors here
Right girls and boys...I'm putting my reputation on the line here..
Cavalley is a done deal.clues were on the last rns..if its not then I will stop posting.thats a promise...
Christ Alive! You lot make me chuckle. Thick skins, short or no memories. Every time this same a playground carp and excitement is posted by the same people, and every time there’s no RNS, no excitement. I suspect the simple and boring reason for the call is nothing more than the fact GL stated on the last call he would try to communicate more often. Or had you all forgotten that too? I’m off to have a sing song. For the sweepstake, stick me down for no RNS, no new news, same tired old excuses please. Hand on your heart, surely everyone expects this right?
Adam, yes it is a bit hasty, they are normally around a month from being announced.
Question here is...why a quick investor presentation from the company.
Like they say.i wouldn't want to be out of soundenergy over the weekend...rns could fall late today or Monday...looking very very positive.
HI, I must admit I do not bother to listen ASAP anymore because it is never anything. It might be because there must be large gaps where there simply is nothing to do
Hi everyone.
I havent posted in recent times,but I have stayed invested in here despite the heavy losses.
Not much said about why the Directors have called for the investors presentation next week.Why would they want to do that if they are not going to announce any new matrerial? Maybe they will confirm some news on the ongoing deal,as that would not be new material. Looking at the progress on site at Tendrara ,this must be costing a lot of money,but going strong. How will we manage to keep that going without the deal? Maybe I should ask my old sparring partner Jezz the Fezz.