Member Info for ericnat17

Tuesday, November 13, a conference-debate in the presence in particular of the DG of the ONHYM Amin Benkhadra, as well as the directors of Sound Energy Morocco

Tendrara (Oriental) : As mentioned above, this site is operated by Sound Energy, which has won a 25-year concession with Onhym. With an area of ​​14,500 km², this site has a potential of 952 billion cubic meters of gas. Production starts in 2021, and will benefit from the connection with the Maghreb-Europe gas pipeline, via a pipeline 120 km long.

Why is the RNS marked non-regulatory. Whilst the other TD RNS have been marked regulatory. Probably nothing but maybe someone could enlighten me.

Would be good if JP could announce a stonking GSA tomorrow, we all know how he likes to plan these things.

There was a iceberg seller at 26p that got eaten through near the end of the day.

At 26p imho I think we have priced in a failure at TE9. Seems like we may have a leaky Sound ship, not unusual. If we get some good logging results it is a bonus, that is my mindset now.

Roll on TE10 and TE11. I would now imagine that the vast majority are now underwater with sound, Perversely that will probably stabiles the SP.

US gas prices are charging up and are at a 52week high. Seems like a good time to be a seller. And sitting on a Potential world class asset.

Regional meeting starting Wednesday. I mentioned a few weeks ago that I could see the GSA being announced at this meeting. Sound must be there.

https://www.gasoptions-nwafrica.com

I posted this reply from JP a few days ago. Very clear that the GSA and the BOT are not tied to further discoveries. Sorry to put out those deramp fires.

Good morning Eric.
The drilling and the GSA are not really related. We will sign the GSA as soon as negotiations are complete irrespective of drilling timeline or outcome.

The BOT is conditional on a binding BOT agreement but not further discoveries. We believe Enagas et al are putting up the equity and will source the debt from banks. So far we have signed a Heads document which entitles us to a free FEED and initiates BOT negotiations.

All good news for the GSA....

Cheers Robbie. That clears up any conspiracy theory.

So we now have 2 incomes. How long before we get some news re flow rate? I would imagine a couple of months..

Was this joint declaration of the Tagi and Paleo always planned? If so does anyone have a reference, e.g FSC.

Hi Sing

When did you have this email exchange?

Eric

Lots of AT sells then lots of Buys, I would also guess that over the past few weeks we have seen an awful lot of stop loss kicking in. Fingers crossed for a whiff of GAS soon...

Hi Blocker

That would be a good skill to have. But if you want i guess i would say the UT will be 32p.

yours sincerly

Fart Catcher

it has improved significantly since this morning. 26 v 33 so more buyers orders are appearing and the sell orders are not being replaced.

I am guessing that we are going to have a interesting finish to the day. Hold on to your butts......

Shpuken

Yep, agree it is a shame it is being worked down

There is a mini auction every day at 12 noon. Sometimes shares are auction sometimes not. Nothing sinister.

Can’t really argue with that guess. But no one knows yet how much gas we will find over the coming 3 wells. So they are being cautious, a mistake imho.

Hi sounder. Would normally agree but L2 20v43 281k v 969k looks unlikely.

But god only knows why we are at these levels. It is being worked down, by someone with shares to sell....?