Member Info for drjenner

Adam, nobodies interested in SOUs solar plans. They can’t even complete their flagship project, it’s taken 10 years at least and still they can’t deliver.

How do you visualize solar happening? Where are they going to get the money? How are they going to pay for in-house or consultant involvement? What’s the timeline based on the companies official predictions?

BV, I know nothing about Zenith, they’re irrelevant to SOU. If you’re asking for advice I’d say go for it, fill your boots with Zenith.

St Mary, 20p is for solar alone, next week. Probably.

🤣😆😂🤡

They’ve set themselves an optimistic target for signing up a partner imo. No reason to think that it won’t happen but 12 months sounds more realistic. I’m not saying there’s anything wrong with an aggressive schedule except the moaners come out if they don’t meet the date.

Steady growth is the name of the game here I think. 30p would be great, I’d seriously derisk, but maybe a bit optimistic.

Edi, the company, SOU, has a market value of £9m. Somebody said earlier that Managem is valued at $5b, I haven’t checked that).

SOU won’t go bust, they’ll get bought out for farthings on the penny’s.

Couerdelion, I’m not of the opinion that the likes of Blackstone have any impact on the SP. I’m interested to hear any view but I appreciate your advice on who to ignore. I’m new to this chat but have increased my investment since the CEOL announcement. I see good news flow in the next few months so not put off by unsubstantiated garbage. Topped up earlier but only £1k. Let’s see what happens in the next few months. I’m positive.

Edi, it can’t have escaped your attention that SOU (not Managem) had to raise money at a huge discount to the prevailing SP but also entered a drawdown facility at gangster rates. Why do you think they did that?

JamesBlackstone, on what basis do you think that the SP might fall to 5p? Of course that could happen, I just was wondering why you thought that.

PS are you related to Tim Blackstone?

Edi, I hope you understand that “When Phase 2 is running” SOU will not be involved. They are contributing nothing to the partnership and are soon to be history. Sorry to break this bad news to you because you seem like a decent person, just misled as were we all at one point or another.

Legend, there’s no point in speculating on the date of the PFS. It will come when it’s ready. It may well be tomorrow but if it’s next week or the week after it doesn’t reflect future prospects. They don’t have unlimited resources to move this along, that costs money.

Just made another small topup

Icarus, it’s much the same with early stage AIM stocks that G&A costs look high because of the lack of income. I’m impressed with progress, particularly the seismic study. They seem to be able to deliver on commitments which is good at this stage. The drilling is key here. All the chat in the world means nothing until they drill and if they follow through it will be an interesting year. I’ve recently.y topped up for what it’s worth so I’m willing to take a positive view. GLA

This reminds me of certain cretins who post on this BB

https://m.youtube.com/watch?v=Apt9HIg2wEU

PS, at the risk of stating the bleedin’ obvious if there was even a glimmer of good news there’d be a “delighted”RNS and an investor presentation.

They’re so deep in the mire that there’s nothing they can say (truthfully) that will arrest the SP decline.

I think I’ll probably take some money off the table next week. Not much, £500 to invest in SOU, 🤡!

Who remembers this boondoggle? Happy days 😊

“Sound Energy - Badile Gas Prospect (Italy)

Location: The Badile gas prospect is an onshore, 100% owned exploration asset held by Sound Energy.

Location & Geology: Located in the Po Valley region of northern Italy, about 45 km southwest of the "Malossa" gas field.

Status: In 2017, the company reported "significant" gas shows while drilling to a depth of over 3,300 meters, aiming for a total depth of 4,450 meters.

Prospect Potential: Historically, it was seen as a high-impact, strategic asset with estimated gross prospective resources of 178 Bscf equivalent.

Developments: In 2018, Sound Energy moved to divest its Italian portfolio, including the Badile land, while retaining economic interests to focus on assets in Morocco. “

Source is Google search for Badile gas (or Bad gas 🤣)

Kylie, I agree. The consolidation was a 1 for 10 swap. Unless I’m missing something the % of shares would not change.

Some good posts today, nice to see that. We must be near the endgame here. I don’t know how that will look but it must be possible that Mana will just buy the balance of SOU’s holding? SOU can reform and focus on solar and hydrogen🤣

BV, “ I'm sure that SOU have funds in the Bank….”.

GL, “Yes, we have your money in our bank but most of it has transferred itself to my bank account in the Cayman Islands…”

BV, not a waste of time, we get to have a good laugh at you and Adam (Laurel and Hardy) 🤡