Member Info for crudehope

"The next six months we are definitely game on"!!

A very much needed tonic for the troops...well done James!

Dave, I'm flying out of Gatwick on Sunday.

I picked the wrong week to give up glue sniffing.....................

Afternoon Flamemaker...you are doing well with all those recent top ups. I suddenly have some spare investment cash (only £5k) and am looking for a short term home...not sure if Sound is the right place as I really should diversify. I might place it in Coro but would have to look into when their next share placing is likely to be....but there may be some AIM bargain s to be had so will take a look over the coming weeks...maybe some homework whilst twiddling my thumbs in Morocco.

As far as I am concerned nothing fundamental has changed: we are still awaiting spud and GSA! There are no real tangible reasons (bad reasons) why the stock price is dropping...purely market sentiment and boredom. Investors need to see results and they will before too long. Who knows if before the FSC we don't get the GSA with a side order of spud! Then again, maybe an offer of some sort could be up for discussion. Either way it is inconceivable that nothing will have happened by a week today when I will be on that first bus of the 'Tendrara Tour! Not long now before our Destiny in the desert is revealed! Nervous but exciting times ahead...............

Interesting to note that guidance on timing on the last Tendrara trip was 3 hours...this trip guidance is 3-4 hours...that is a long time on a bus. But I think there may be a full tour of our concession on the way to our TE9 well. The last trip was 3 hours duration (TE7) climbing all the way up onto the high plateau at over 3000 metres. Tourist attractions to look out for....sandstone outcrops...they are so abundant on our license that you almost get bored looking at them.......but then again........I never get bored with anything Sound related!!

Ponks, What a thought: cloning Trellis would be an Orwellian nightmare!

Lol!

Hi fellow intrepid Sound Energy travellers...just a reminder that Sarah really needs your documentation for the Moroccan TE9 investor trip. Once you have this info you can look forward to the itinerary:

'Wednesday 17th October: 7:30am – Duration of journey to site: 3-4 hrs: buses depart from Oujda (Atlas Terminus Hotel and Spa Boulevard Zerktouni - Place de la Gare, Oujda) to TE-9 - Arrive at site: Refreshments and HSE briefing and issuance of PPE equipment. Site visit & then 2-3pm Busses depart back to Oujda. 7pm Casual Buffet dinner with Sound Team.

Thursday 18th October:
7:30am - 2 buses depart for TE-9 from Oujda (Atlas Terminus Hotel and Spa Boulevard Zerktouni -Place de la Gare, Oujda)
Duration of journey to site: 3-4 hrs.
Arrive at site: Refreshments and HSE briefing and issuance of PPE equipment.
Site Visit: 2 pm Buses depart back to Oujda.
6pm onwards drinks reception followed by presentation and Q and A session with the Sound team and BBQ'.

Please note that you must travel with your passports to site.

Look forward to meeting up with old friends (LTA) & all who have let their passion for the project get the better of them & who have felt the compulsion to see exactly where & what their hard earned cash is up to...finding shed loads of gas we hope!!

Crude














Arrive at site: Refreshments and HSE briefing and issuance of PPE equipment



Site Visit



2-3pm Busses depart back to Oujda

I'm sure I speak on behalf of all who frequent this chat board: many thanks to our 'tres hombres'...Saleem, Deepi & young Josh for going the extra mile; doing the 'hard yards' and keeping us super informed - by videoing every Sound Energy investor event: that is some achievement and deserves every acolade. Cheers guys!

Crude

Can I say I got confused with another company so disregard my earlier post...what Pinks says is correct. Once again apologies for the confusion. I'll get me coat.....................

Apologies for causing any alarm but it is only something I have half remembered and am more than happy to be corrected.

Morning Ponks, trust you are well amigo?

We might be rigged up but as I understand it no permission has yet been granted to drill. I find that unusually sluggish from a department (ONHYM) who are usually so slick with 'permissions'. No worry though as there will soon be an audience keen to see some action and I'm sure we won't be disappointed!

I wasn't disappointed at the Prado...I absolutely loved it and am returning today. I bought a large print on canvas of Goya's masterpiece, 'May 3rd 1808". A facination with Napolean as a teenager meant I grew up loving that great picture so I am made up with my print!

250, I'm here just for a few days.

Regarding the SP. I was watching like a hawk and sold 70,000 shares in April 2017...but it had come down from £1 & would go as low as 69p before the results of TE8 were known. All I am saying is it wasn't just the 2 well results at TE8 & Badile that brought the share down from £1...we had already lost 25% off our high, when most punters thought we could push on from £1...but without going through the timelines I do remember we added shares to the Register(raising money and also OGIF) which precipitated that decline to the mid 70s. I sold shares because I was following the trend downward and managed to catch 89p. Several factors played their part in our decline from £1. Anyway, I'm about to board the hop on bus in downtown Madrid...cheers all.

250, I was referring to the increased share base due to OGIF coming on board. It may have been been a good deal but the market doesn't always see that...and then after we had Badile. But ever since OGIF the share price has been in gently decline followed by a steep drop post Badile.

Safely quartered out here in Madrid and about to go out for the evening.

mrcautious, you hit the nail on the head when you said AIM is a punt & that we only have not much more than half the picture when it comes to information. But now (pre-drill) punters/investors have to make their own mind up if they have the stomach for what is about to happen!

Holy Trinity, I agree...now is the time for investors to "grow a pair"; back their own research and believe in the Company or sell up. Granted, those on high averages would feel the pain but I speak from experience in NEW when I sold and took a big hit...lesson learned: never back wildcat drillers with no previous. Never the less it is good to hear genuine contrary views and especially from those who hold at higher averages who are concerned.

As far as JP's Trading Plan is concerned...it is not an issue for me. I would imagine he acted on Marco's advise. We are all responsible for our risk management...why should any shareholder be different, whether they be PIs or staffers. I get that it sends a mixed message but surely the geology is what counts. I am happy with porosity, permeability and seal, as TE6 went some way to proving what can be achieved...let alone horizontal drilling at TE7...something PANR would have desperately liked to work down there in Texas. We probably have the best shot for success on AIM With some of the most promising acreage...all cheap to produce, comparable to our peers. There is always risk but surely we are less risky than most...anyway, I am still very much optymistic and will definitely see it through...can't wait to be back out in Morocco!

Trellis, when you state there has been a 55p drop in the share price in the last 15 months you are either being disingenuous or not taking into account the share/equity swap with the OGIF deal. That accounted for just over 24% of our share base and resulted in a corresponding drop in SP. So you cannot just state a 55p drop in price without accounting for such a monumental partnership deal!

ALLINCHRIS, sounds like the start of an 'Agony Aunt' post...I take it the rest of your life is bearable.................

Seriously, best of luck but asking for advice on this forum is asking for trouble! Better off asking your hubby...he is the one who originally bought shares & if it does all go wrong you can blame him!

Jhaylock, did you watch the Deep Dive (Cheers for filming it Deepi) or read the excellent posts on here from attendees?
Sound/Schlumberger should be able to corelate the results using the TE-6 vertical well data and extrapolate potential flow rates accordingly.

Diver, you're talking absolute craap! You know nothing of the sort about our CEO's finances...you are just another windy AIM punter who should stick to the 'pokies'!