Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Delays, delays and more delays. The amount of times the word “hopefully” is used in that interview is a familiar message for many years. I’ve been in Sound since 2011 now and what a s**t show it’s been. If it’s taking this long to get phase 1 completed imagine how long it’s going to take to get phase 2 over the line. If things don’t get going this year we will either be diluted beyond anything meaningful or bankrupt.
Yep, another balanced summary KTF .
(It's so evident to me that Graham is very frustrated with the delays)
As you state, and no doubt will have to state again to a few of the serial posters here, and as quoted from Graham.
"We will DELIVER on phase 2 before any need to go to shareholders for funding!"
"CLOSING a large transaction to FULLY fund us"
"This company is completely undervalued"
GLA - but more patience still required here before the party gets started :(
We will DELIVER on phase 2 before any need to gp to shareholders for funding!
Ktf - even GL hints at it, the broker SPA clearly stated it (numbers and words) - Phase 1 is financially pointless, but it would be a good bellweather as to how easy or not it is to do business in Morocco. In that sense it does not bode at all well does it? Nearly 1.5yrs lates starting and now looking like 18 months or more delayed at the end.
In short, nothing has changed, no bad news, no surprises and therefore no change in stance for me.
I am still positive, still waiting and hoping that progress will be made soon and there is something positive to announce.
Meanwhile it is reassuring to know that the company is adequately funded and that there is no immediate prospect of any required equity raise
So, let me get this straight
you previously said phase 1mLNG was pointless, but now you say that becausse it 'might' be delayed it means Sound is "a bloodbath of a company"
Make your mind up lad!
My reading of the tone and content of this presentation is frustration at how long things are taking but confirmation that things ARE hapening.
some quotes
company completely undervalued (from the horses mouth).
CLOSING a large transaction to FULLY fund us
We will DELIVER on phase 2 before any need to gp to shareholders for funding!
if we close the Calvalley deal soon we can drill Te4 with the rig that will arrive in Tendrara in May (not drill in May before some tw&t says it)
So, frustratingly slow in some areas, but this is a company that is delivering and will continue to do so.
Watch that blood pressure lad, you sound rather angry and stressed.
Oh dear, what did I say, no first gas until q1-q2 2025…..confirmed by sou now. FU all you ignorant aholes who have no idea. Also confirmed no FID in phase 2 best case until end 2024 says GL!!! That’s even worse than I thought. Feck me this is a bloodbath of a company.
Have a nice day soundboy you moron, and you ktf. I won’t hold on for an apology or admission of you being completely wrong.
Adam, have Cavaley submitted a bid for SOU or not yet? ;)
EID MUBARAK TO ALL.
Specially to our morrocco team.
On this blessed day may all our hopes and dreams come fruitful in soundenergy and our every day life.make Allah (God) keep us all happy and healthy and this includes the likes if kylie75 and few others.
Https://www.moroccoworldnews.com/2024/04/361948/morocco-to-cut-energy-ties-with-spain-build-regasification-and-pipelines
Now, Morocco is taking steps to establish its own energy infrastructure. On March 26, five Moroccan ministries signed the Sustainable Gas Infrastructure Development Program, which envisions the construction of three LNG regasification plants, storage tanks, and pipelines.
Some one has to counter attack kulie..lol
Great to hear the ever reliable SoundBoy has personally received a news leak. As another poster would say ... Buy, Buy, Buy.
Eid mubarak!
Mr.Wolfe is more likely to eat you up.
Keeptofacts..
What you're saying is that Kylie will eat me up.
Lol.help help.
Nearly time to crack open the Cork.news has leaked
😂😂😂
I am as positive as the next man, but have you heard the story of the boy who cried wolf?
Take note...
Kylie does a disappearing act as soundenergy goes up..it knows the time is here and now for cavalley to sign
Up 14%...
Jfc431...put the champagne on ice
Love the enthusiasm but won't believe it til an RNS is out...the spread on my broker's is pretty large..Bid 0.94. Ask1.10...
Word is out.
It's about to boom.
Celebration time almost.
I wouldn't bother it takes all sorts ...
Last day of fasting.
Let the might soundenergy release the signing of CAVALLEY.
Yes..please tune in tommorrow at7am ...
Live Broad cast by kylie75