RE: Sound as 2 pound2 May 2023 17:53
PS, what we need is progressive, innovative financial solutions. Current Management will kill this stone dead for veteran Sound Energy investors if they do a 'Gerry Orbell' on us!. Our one-time CEO ,pre Parsons, nearly drowned us in shares. Say what you will about J. Parsons but he did at least take a different attitude regarding the raising of cash. This is possibly the one reason historic shareholders are still in the game. Once shares have been issued there a very rarely any share buy-backs on the AIM! Debt, however, can be paid back or credit extended, pending production revenue. I just hope they think about their loyal shareholders when deciding on their future CAPEX requirements!
Crude