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The fact our SP hasnt moved I can't see the CC/FSC being about an early LE.
Sound haven't been the best at keeping news under their hats.
I'd love to be wrong but I find it hard to keep getting excited on the prospect of good news only to be let down once again
Hi Crude,
Have you been in contact with James recently?
And has he given any indication of finally getting the GSA done and dusted?
I'm not holding my breath for announcement in December after this past 12 months
The thing that really p!sses me off most is one minute JP is blatantly ramping the share price- £1.50 per TCF, GSA imminent, Golden tickets, many many multiples....
And then when the SP has nose dived he refuses to answer any questions by saying 'I cant comment on price sensitive questions....'
If he had kept tight lipped to begin with many people may not have poured their hard earned savings into sound only to find themselves with massive losses!
I really hope the conference call is not gonna be the same old tripe we have been spun for the last 12 months.
And if JP thinks announcing where they are gonna drill TE11 will get us excited he is taking the p!ss.
Please be something that will get the SP heading north for a change ie. the amazing 'imminent' GSA we were promised to underpin our share price (at a much higher level than current SP) that JP doesn't see as being urgent!!
As much as JP and co have bern coming unstuck recently the fact thst schlumberger are on board still gives me hope.
If JP was your typical AIM CEO shyster schlumberger would have given sound a wide berth.
They are a massive company and must see a big potential upside to fund our drilling program.
Today's FSC-
JP stating that he would no longer be selling any shares and instead himself, JJ or BM (or all 3) commit to buy shares as they believe current SP is undervalued.
To make finalising GSA a top priority, before te10, in order to underpin SP.
Hold hands up to te9 results being badly misjudged depite long delays to make sure the seismic gave us the best possible outcome
Acknowledging shareholders frustration at the nosedive of SP cleary due to a leak rather than just quoting a stock answer about company integrity
I asked the original answered question that JJ replied with "Luca has retired"
After his response I asked a further question along the lines of "if Luca has now retired, what happened to his special baby" which went unanswered
I'm all set for 3 wells silkster but can't fathom why they haven't sewn up the GSA agreement to underpin the SP price by now. After all JP gave the impression it was practically in the bag months ago.
There will be a lot of PIs that have bailed with massive losses by the time the GSA is done
A massive question to JP for me is where is the bloody GSA agreement??
I know its been mentioned thousands of times on here already but If getting a great price GSA agreement for our te5 reserves is practically a formality, as suggested numerous times, why not get it sealed asap?
Its ok JP saying there is no rush... but we badly need to underpin our terrible SP and need it in the bag now rather than just being JP's hearsay
There are a lot of worried investors underwater at the moment and we need actions to back up words
As much as the result is disappointing i like the no bull wording of the RNS.
We knew there was no guarantees on the drill being successful.
The RNS doesn't sugar coat the results... We are pleased to announce.....
It's a duster, move on to next drill, still got GSA to come on existing reserves found.
Buyers at this price are getting a bargain!