Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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We look forward to updating stakeholders on our drilling plans to unlock the compelling potential of this basin leveraging the gas infrastructure we are developing at the TE-5 Horst.
This👆
Why do you care ? you arent invested here ? right ?
Ok, can someone explain where the funds for the drilling come from? the current programme only includes one re-test of a prior well to tie into the LNG. no one has farmed into a broader exploration programme yet have they? assume it's an even larger farm out % to Calvalley? is that what you're assuming? Or is there a magic money tree in SOU HQ i'm not aware of? what kind of % of the asset does that leave SHs with after ONHYM, Schlumberger & Cal Val have had their large slices? Anyone know % and how that nets back into the return per share? it's there for all to see if you've got time and ability.
Cant wait to get drilling again. It's been far too long.
Agreed.
just ignore the bitter, twisted old fart.
Second part.
https://twitter.com/soundenergyplc/status/1785197132422513097?t=W4b6oZsH5yZ47AQp-r_PCQ&s=19
Someone who doesn't hold SOU shares and is intently watching the SP whilst throwing in negative narratives is either very bitter and twisted. Or, the more likely scenario is that person wants cheaper shares and is vein enough to think his / her comments on the BB make a difference.
If they announce dates for exploration, m5 etc which it looks like they are planning on to me, things will change here pretty fast. Just waiting on that signature from Calvalley.
https://twitter.com/soundenergyplc/status/1785197130430263398?t=PMVAsNzI-EZ35V3xXYz_sw&s=19
Yes i appreciated it was a delayed reported sell rubber, but i'm not sure it changes the narrative?
agreed St.Mary, have been some buys but sell pressure is clearly much more aggressive than buy pressure which is often quite telling imho. time will tell. i'm just joining the dots.
And in the interest of balance I’m guessing the investor who just bought 2 x 647k also thinks differently 🤷♂️
Kylie, was delayed from 9;57, seems a silly price to have sold them for to me but heyho.
I’m guessing the investor who just sold 2m at 0.7p thinks differently
Agreed SE, that could have been the finial hurdle SOU needed to cross before the ink flows...lets go GL!!!
Southend...
Well said.
In my opinion, this RNS is very reassuring news while we wait for news about the Calvalley deal.
Reassuring because ONHYM only grant licenses/permits to viable enterprises after they have conducted their due diligence processes. Rest assured that ONHYM have done this work on Sound recently and I suspect spoken to Calvalley and the Attijariwafa bank. Only then do they allow variations on permits.
This is good news.
Roll on this evening and lets see what positivity we can get from Graham.
Maybe the last hurdle and sticking point to calvalley signing has been timeliness being extended. This deal may not be too far away.
Thanks for not elaborating Keeptofacts. I'm sure someone knowledgeable would shoot your answer down in flames.. As usual. Good luck all the same
Scarf - that's because barring a few unresearched chancers on this forum (whom I still think are more likely shorters of some kind, as no one can possibly post nearly 3700x and be wrong every time and still keep posting), no one is buying the RNS this morning, it shows nothing. The market has had it with bs from this company. They've rinced the market too many times and just time after time fail to deliver. SP says it all.
Now 0.79. Positivity not reflected in the price is it? GLA
Don't worry i'm still here SB. you're such a gobby joke. the best bid is currently 0.756p, that's lower than the low of yesterday. you can buy for below 0.80p. no one with half a brain is sucking up this garbage from these lot anymore. revenue and profit is the only life raft that will save this company, not never never RNSs about exploration the company has NO CASH to pay for. How long based on your calcs will it be until Phase 1 profits to SOU are sufficient to pay for exploration? Appreciate you don't like facts or reality, but look at the SPA detailed last valuation doc and you'll see - never is the answer. The company has no money. Like I've said countless times, GL doesn't care about exisiting SHs. You'll notice tonight it's all about 'the company' this and 'the company' that, not how he'll deliver for existing SHs. You'll at best get watered to oblivion here. Based on the new lower sp again today, despite your unresearched unfounded hopes re today's RNS. The SP is again lower not higher today, seems many investors see it the same way. Amazing how posting 6-7 garbage posts in less than 1.5hrs is acceptable if you're blindly bullish on this share, if you post a couple of well founded objective critical posts you're accused of spamming this forum. What a SOU love-in this place is.
Yes
Plenty of positive posts. Share price is currently 0.8p. Am I missing something? GLA
Don't think kylie75 will be making an appearance today.
Up 10%..market likes the rns
We have time on our side now.
Personally I hope Graham tells cavalley no deal.
40% is a lot to give away.there are others interested .Once we are producing we can fund some drilling ourselves...future looking and getting better.i for one am happy with today's Rns.bring on the presentation tonight.