Member Info for ericnat17

Go look at the London Stock Exchange website, just an example from today Cancel Large trades. But as i said Conspiracy Theory will abound.

2020-07-28T09:02:50.597 GBX 2.1 -3000000 -63000 Off-Book AIMX CANC LRGS

In the past when we have seen these large cancelled trades we get news the next few days.
But that was with leaky parsons at the helm.

They are all cancelled.

Someone made a mistake and have taken the whole day to reverse out of it.

If you remove those cancelled trades... We have more buys than sells. Conspiracy theory would have you believe it was a rouse to get some trades for the MM

Yes

Bullshti

Well this is cheerful. LTH waiting for dramatic drops to Top up.

Where have heard that before......... Sound energy never changes.

Only precluding the LNG phase. Everything else including the sale of the company or assets is still ongoing.

That's without question

Shell and repsol

Have the license for the adjacent To the sound acreage. Smaller and further away from the Algerian gas giants. Sound buyout would be peanuts.

Repsol and Shell signed a deal with the National Bureau of Hydrocarbons to explore Morocco’s hydrocarbon potential. The oil companies will start in an area known as Tanfit, located near the border with Algeria.

Initially, Repsol will be the project operator. The Spanish oil company holds a 37.5 percent stake in this project, while Shell holds another 37.5 percent and the ONHYM holds the remaining 25 percent. Repsol has develpoped operations in Morocco since 2010. So far, it has carried out upstream activities and developed a lubricant business.

https://www.idom.com/project/feed-gas-field-tendrara/

Also when you read the turner pope report they also based thief figures on Sound paying for transport of lng.

So looks like we are getting a little oversold.

The 7.5 p was based on sound only holding 23%, we hold 47%.

It also added no value for us selling the 24%

It added no value for Annoul, just re negotiated

It added no value for Sidi, even though someone tried to farm in for 15million.

The transport cost are not ours. They are with the partner. Watch the company Q and A.

We have A 25 year production concession.

10 years tax free

Everyone has their own opinion.

I tend to agree that many LTH will exit when they break even or thereabouts. But let’s face it a lot will have averages above 10p.

I would think that in the scheme of things we do not really have that long to wait. We have news flow that includes.

Pipeline GSA
Sidi Extension
Sidi Farmout
Confirm HOT and sign deal.
Get to first LNG gas

That’s all within the next 12-18mths

I would then expect to see accelerating the pipeline and infrastructure
More exploration in low risk locations
Exploration in annoul
Sidi seismic and a tagi drill.

That’s in the following 12 months.

So an awful lot in the next 2 years and plenty of opportunity for the SP to follow the story. That’s without the very real possibility that we are sold, the marketing process is still ongoing.

They were also recently worth £8k

Take it from a investor who has been here for many many years, this share rarely acts in way you would expect.

My guess is SIDI news next.

I think when we get to 1st gas in 12-18 months the market will already reflect the achievement in the SP

Gas will flow in approximately 12-18 months.

One thing is for sure eastern Morocco and sidi will be explored sooner rather than later.

We are now on the brink of signing a deal that will fund exploration.

The real question is will it be sound who drills these holes. My guess we will be bought out before we even get close.

Also the research note is based on sound have 22% of the Horst, so you can double the 7.5.

It also clear the the does not include any exploration upside at eastern Morocco and does not add any value to sidi.

If we get sidi news of a farm in then 6p will be reached quickly