Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Going bust was my Q...bit of a spun-out answer!!
Cheers Fiction, you will find most LTH do some research!
Things don’t always go to plan on the AIM casino. Await your next classics after the call. What’s the next well again Fiction…….think there was some issues with no gas to surface? Why was that again? I’m sure a person that does not hold shares can keep me up to date…….after all it could be our next well horizontal or vertical drill what was it again?
Let’s wait and see what questions are asked and what questions are answered. You just carry on re-posting Sounds Tweets that aren’t pointless at all but fascinating research done by yourself. Well done you.
No it’s your great research that’s Pointless.
Any burning questions you none share holders would like to ask tonight’s your chance.
And why would the parent company that wholly owns Calvalley who have failed to sign up to the deal be pointless?
Ha Ha………pointless!
Can you not read ? They own Calvalley!!
FFS Fiction can see why you’re not invested……….FFS.
Don’t forget Dinners early 16:30 - 17:15. Then get the kettle on.
https://presentations.investormeetcompany.com/investor-meet-company/SOUND-ENERGY-PLC-Investor-Presentation-83069ebdaf816052ebfdc027
ON TIME SOUND ; BUY BUY BUY
Ill bite ... whys that keepingitfiction ?
Https://octaviaenergy.com/operations/
Anyone ever mentioned Octavia Energy on this board ?
That’s who hold the fate of Sound in their hands.
Just facts being posted by a “de-ramper ” 👍
Https://www.calvalleypetroleum.com/
Seen no mention here of who they are !!
Aren’t you interested in the company that could make Sound go forward if they close the deal or quite possibly send them into receivership if they don’t sign.
Or you could go with I think the deal is close without any evidence.
Oh, terrible that, better sell my shares to some unscrupulous de-ramper. You can have mine for 6.3p - Bargain.
Hard to find details of this company that’s gone private and backed by a consortium of investors- haven’t a clue who can finalise the deal on their behalf so can’t see any guest appearances later
oh **** maybe calvalley is bust, or not a real company or is run by dead people 😊
ffs get a grip.
Https://find-and-update.company-information.service.gov.uk/company/07497126/officers
https://mhfh.com/tribute/details/42236/Edmund-Ed-Shimoon/obituary.html
The current CEO of Calvalley listed on companies house as of today died just over a year ago.
Ive lodged mine .. if it gets asked thats another question itself
im hopping that enough people with very similar ones ask that they get through.
a guest appearance from someone at calvalley might not go down too bad either if they are "keen to get across the line" it would be nice to hear from the horses mouth tbh
Fair enough Shrek. but a valid question - you and some others seem to have a number of seemingly valid questions for GL / the mgt team. Have you actully logged / asked them ahead of the call? it's all very well wishing and hoping someone else would ask them, but the forum is there for any investor or potential investor. i'd have thought you'd have more reason than some to actually put these points to them. i think they will give politically vague and non-commital answers as usual, but i might well be proved wrong (but i doubt it). the detailed farmout / legal structure of the group and its existing contracts is already complicated enough, and i think they've leant on this in the past in order to obscure and confuse PIs rather than simply stating - and after all that this would leave x% of net profits (another contentious metric in this company) attributable to existing SHs. they don't do that as it would look too low in my view, but again, you never know they might come clean.
Personally, I don't think it's Calvalley or bust. Other finance options are available. We are moving towards gas revenues and further exploration is also now back on the cards. The key players also still seem to be supportive. I'm more positive than I have been for 3 or more years.....
Kylie i cant argue with any of what you are saying, many on here make good points and yes i feel that the company is missing one deadline after another and the reasons for my initial investment are being missed/ squandered. Personally i have skin in the game but am too far underwater now to do anything except ride it out to the end no matter what that is. boom or bust.
Thats why i monitor this board and keep in touch with whats going on unlike your self who aside from some wierd pleasure to be proven right posts on here when they have no skin in the game.... unless youve managed to short SOU then i take my hat off to you. You have made money where us investors didnt.
we have to face facts and i do hope its asked later with a non politician answer in reply are we a dead duck without calvalley done and dusted ? it feels like Calvalley are now just waiting out our bust to pick to us out of administration on the cheap. Remember if they had walked away behind the scenes and RNS would need to be produced so what is the damm hold up? (another question for GL )
You make a good point in a general sense keepingitfiction. But equally a lot of the harshest critics never show up on the live q&a’s or the fade to face events . So I guess that works both ways.
I have to admit I am getting frustrated by the continual delays to the Calvalley deal. The exclusivity period is a complete joke (expired 7/8 months ago now 🤦🏼♂️😂).
I/we may be being strung along - but until this deal collapses I’ll remain positive……..😬
Can anyone explain why the critics of SOU give detailed and accurate posts on this BB and the rampers give no actual facts regarding cash flow etc. and just continually use phrases like the deal is close etc. How long has this deal been in the making and where in an RNS shows HOW progress has been made towards the deal being finalised? If you’re expecting anything concrete later please let us know and we can compare notes after. GLA
Definitely no logic in spending your sad life commenting on the SOU BB board and not holding a share in the company. Like you say, all the information is out there to be viewed. More than willing to discuss it with fellow 'Share holders'.
"It's been half an hour and there's not been a negative spin put on it. Come on guys you were all fingers last night."
Well, it's only half an hour since I got out of bed. Does that count?
Yes, this RNS is a sign that SOU is gearing up for exploration and Graham will be announcing the drilling plans tonight. I'd expect to see a large bounce in the SP today. NOT!
I am quite literally speechless how clueless some of the people on here are. SOU have missed a bunch of work requirements on their permits. Or, rather, they WOULD have missed them had ONHYM not conveniently kept extending them or altered the terms. I predicted here a couple of months ago that we would be getting an RNS about an Anoual permit extension, if only the for the obvious reason that SOU had no chance of meeting the terms and ONHYM seem to have nobody else to turn to.
Did anyone even bother reading the RNS in conjunction with the December 2022 one? Because if you didn't, you probably didn't notice the stunt that was pulled. Today's RNS says that all the terms of the initial period were met and SOU are entering into the complementary period. The initial period was supposed to finish around the end of 2022 and the work requirement included the drilling of one exploration well with a Triassic objective. SOU obviously missed that by a country mile. They got a 12 month extension to the start of 2024 and missed that deadline too. Now the extension has itself been extended to July to keep them legal, and the well commitment has been quietly dropped -- you didn't see THAT mentioned in the RNS.
In fact, the RNS could be read by a sufficiently gullible person (which clearly includes some on here) that it's all about SOU's plans to move ahead with drilling M5. But that reference is merely to the aspirational farmout program announcement in a nearly two-year-old RNS, for which SOU got no takers for the drilling part.
Calvalley clearly saw an opportunity to make money by gouging a large chunk of the Tendrara concession from SOU while they were strapped for cash. And they still haven't even fired up the engine on that piece. Assuming they do, it's no guarantee they have any interest whatsoever in going wildcat drilling in Morocco's calcification-prone Triassic. This is just another can kicked down the road. There will be plenty more over the next 2-3 years during which SOU have no money for exploration.
I’m always open and very keen to learn from the all successful investors on this board Shrek. Assume that’s a ‘no idea’ from you then!? Seems a common trait here. Lots of mouth and not so much logic, experience or objective rationale. Next…..