Member Info for Dracan66

Chaps I’m a RBD holder but what is UJO percentage stake should the results prove positive?

If a potential buyer was to read this board they'd have an absolute field day. All this talk of 5p - 20p a share would be music to their ears. We have to suck it up and put some trust in the board in hope that they can sell the acreage for the best possible price. After all, their well paid careers going forward are on the line.

Rather a sudden lift in the share price...

Chaps, has anyone noticed the Reuters news regarding the first shipment of iron ore on Friday and that it mentions the port upgrade?

JTF, Jeremy or whatever he calls himself made rather a few unsavoury remarks on the FB group. A hidden agenda and wanting to be accepted by fellow posters whilst slating Sound and JP doesn’t bode well in my book. Fortunately we haven’t seen him for quite a while or maybe he’s morfed into Omar from Morocco. Stick to mysq and give us all a break. Sorry to all genuine posters for the rant.

I think we’re gonna need a bigger boat !

Bit of a strange one to me regarding the uplift in Boil’s sp and the conservative increase at Rbd but hey ho the Rns is most certainly a positive one and let’s hope the sidetrack well hits the spot at Colter.

I asked James about the AVA learnings thus far and whether the results of TE10 would alter the decision on drilling TE11. His email is as follows.
Hello #####
It isn’t correct to suggest that TE9 learning somehow changed the outcome at TE10. They are standalone wells without correlation.

However it is correct that we likely have now, post TE10, more ability to rely on AVA as our work on the seismic continues. It will take some time to unravel this but work in progress.

Our last announcement on TE11 was that it would proceed after the well test at TE10.

Very positive news and here's the article in full.

https://economictimes.indiatimes.com/industry/energy/oil-gas/ongc-videsh-discovers-oil-in-columbia/articleshow/67395862.cms?utm_source=twitter_app&utm_medium=social&utm_campaign=socialsharebuttons

Do you still believe this is potentially a ten bagger and if so from which SP?

lol awesome question

The minimum news we should hope to get prior to the CC is the Te11 drill location. What is bothering me at the moment is the sailing with sound event that took place over a year ago when Brian M spoke of the A structure being a belter and making a personal commitment to stand before us in a years time with hopefully 6 Tcf under his belt. We know that Brian speaks conservatively so that particular comment convinced me and probably many others of how confident the team were of success. The results of TE9 have sent a shockwave through many and I’m still bewildered at why we’re drilling TE10 when Brian stated we wouldn’t drill if the COS was below 30%. I have a substantial investment in Sound and feel we’re currently on a course that the BOD can’t alter, a regroup, further analysis and a delay in TE10 would have been my preferred option. I’m still boiling over the term Fast track seismic as this certainly wasn’t spoken of prior to TE9. I really hope for all of us that this works out and clarity is restored during the Cc.

https://www.youtube.com/watch?v=Qu-buFvNm1U&t=9s

Apologies if already posted but worth a watch again especially as Brian mentions mudstones just after the 5 minute mark.

Shaun the FB group thankfully hasn't reached for the panic button simply because Brian Mitchener clearly stated during the FSC that once TD is reached and logged only then will the results be released. I guess that FB has a more balanced view due to the lack of derampers with an agenda that are so commonly seen on LSE..

On a very positive note.
https://mobile.twitter.com/hashtag/zanagairon?src=hashtag_click

I’ve been with Sound a long time and I don’t share your sentiment Trellis, each to their own and your entitled to air your views but we have 3 bites of the cherry and as a result of the world class technical work surrounding TE9, 10 and 11 I remain optimistic of a positive outcome. So cheer up Trellis it’s too early for the Bah-Humbug season.

Thanks Crude, Panther and quite refreshing to hear our non exec chairman stating the BoD has our backs, you don’t here that very often on Aim! and Brian’s comment on the possible 10x plus size ratio of the Palaeozoic compared to the Tagi. Are we about to blow the doors off our current sp? interesting times lay ahead. Gla.

250SWB, Brian M recently mentioned that the the geology of TE9 was as good if not better than the TE5 Horst.

Have to agree Joe, interesting terminology at a key time.

https://twitter.com/Real_JParsons/status/1050109045082923008?s=20

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