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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
Second part.
https://twitter.com/soundenergyplc/status/1785197132422513097?t=W4b6oZsH5yZ47AQp-r_PCQ&s=19
Agreed.
just ignore the bitter, twisted old fart.
Cant wait to get drilling again. It's been far too long.
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.
Why do you care ? you arent invested here ? right ?
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.
Thisš
Iām always open and very keen to learn from the all successful investors on this board Shrek. Assume thatās a āno ideaā from you then!? Seems a common trait here. Lots of mouth and not so much logic, experience or objective rationale. Nextā¦..
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'.
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 youāre expecting anything concrete later please let us know and we can compare notes after. GLA
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&aās 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 š¤¦š¼āāļøš).
I/we may be being strung along - but until this deal collapses Iāll remain positiveā¦ā¦..š¬
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 )
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.....
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.
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
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.
oh **** maybe calvalley is bust, or not a real company or is run by dead people š
ffs get a grip.
Hard to find details of this company thatās gone private and backed by a consortium of investors- havenāt a clue who can finalise the deal on their behalf so canāt see any guest appearances later
Oh, terrible that, better sell my shares to some unscrupulous de-ramper. You can have mine for 6.3p - Bargain.
Https://www.calvalleypetroleum.com/
Seen no mention here of who they are !!
Arenāt 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 donāt sign.
Or you could go with I think the deal is close without any evidence.
Https://octaviaenergy.com/operations/
Anyone ever mentioned Octavia Energy on this board ?
Thatās who hold the fate of Sound in their hands.
Just facts being posted by a āde-ramper ā š
Ill bite ... whys that keepingitfiction ?
Can you not read ? They own Calvalley!!