Member Info for ericnat17

sorry tony the shares have not yet been admitted for trading. the 21st I think.

certainly looked today that we have bottomed out. With the introduction of more world class partners it would seem reasonable. I have never really considered an offer before drilling TE9, but I am now starting to think that it is a possibility, a low probability but certainly possible. I would think something along the lines of 50p per share and X for additional resource TCF proved. I have no idea about the value of X

L2 looks like it is being pushed down similar to the last few weeks. but we all know what happened next boom. 15 v 23 280k v 597k

30% of final phase of Seismic is now complete at Tendrara, Eastern Morocco.

As JP has mentioned we may or may not take FID. the decision will be fed by the buyout deals on the table. It will be a great negotiating tool to have. But yes 6 months to to indicate that we will be making some decisions directly after TE9.

Thanks Ducati. And that is why we are in Morrocco. A more O and G friendly environment you will not find. 5 % or 10% it does not matter, this is by far the best place to be finding half a TCF of gas. We are underpinned. WAU.

Don't forget Fish, ONHYM will be paying their full share. and we have all of the pipe and process facilities for no more than 20 million dollars PA - sound share. So if you say that our PE is industry standard then we are easily above the 90p a share. AS is said fag packet numbers

FIsh yes my thought was that capex would be minimal and the with a low PE ratio in the calulation I thought would offset it.

yes prime I guess a few did. Another way to look at the numbers is to put yourself in the shoes of a major looking for GAS deals. Their PE will be above 20 and they would look at us at 43p and think I could be adding 1.5 billion to my Market cap with loads and loads of upside. We will soon be getting plenty of attention at this bargain price

60mmscf at 8mmcf for 365 at 47.5 percent for sound equals 83.2million dollars a year. now lets say our PE is 15 - average for oil and gas is above 20. that gives a potential market cap of 1.25 billion dollar - Approx 1 billion pounds or 90p share price. Now think this is just from our existing discovery. Not including anything else in Tendrara, not including Sidi. You can see now why we are underpinned. Let the day traders have their fun, they will be more and more likely to get caught.

45.5

good old tree shake. can only buy a small amount 10k and can sell lots lots more. they want your shares...� they have to settle the books and they have 3 times as many buys to sells to sort out...

But plenty still to come. Full first CPR Basin Model TE9 location Drill Mobilisation GSA BOT Broker coverage Morocco extra license Stage 3 seismic commencement Spud TE9

Hi Fritolay I have been following your comments on the other stockhouse. Thanks for the info. Could it still be sound, maybe pma shareholders get some Sound shares? Could be a good fit. Just a thought.

Seen a nice rise today. Lets not spoil it remember to turn off those stop losses. I would guess the MM are after shares so you may see a bit of a shake. L2 has levelled off a bit 19v24. Who would guess at 5 out of 5 for the RNS

Hi MIke IMHO no, I think that the if the Luca work pays off then it will be pretty big. The granting of the petroleum agreement was nailed on anyway, the permission to farm out I would imagine is pretty standard and potential partners for sidi having talks is expected with such a good prospect. Myy guess is that Luca has been working with the potetial of the other petromaroc license areas and maybe one or 2 others bits of acerage close to sidi.

22 vs 12 and almost twice the volume of buys orders to sell orders

With Petromaroc having a news release written and ready to go, we might just get a another RNS when the Canadian markets open. Still have basin Model, GSA agreement and Luca news to come in fairly short timescale. Get on board whilst you can. well if you can,

the future is bright the future is 240mmscfd

looking good, with a big buy order just popped on