Member Info for ericnat17

Yeah sure, 750k and sp finishes up. Get real Rodney

Very good point Newton. And if you include OGIF with 272 million shares then us PI are very aligned with these 2 big players.

Remember OGIF are made up of several of Morocco's pensions funds, they will be very keen the ONEE give the owner of 2 billion dollars worth of gas a good deal.

I asked the Question re the debt. It will be settled during asset sale.

I don't think there is a big sell order being taken. these look like straight forward sells. look what happen to the SP after them and now you can buy at 7.9p

Please post here sreadman

Looking forward to the reply, thanks mancave

26v25

Back into auction

Something weird going on. Website down. In auction and my online broker does not recognise Sou as a ticker.

I wonder why at 19.5p. Bit weird.

Any 600k worth of buy orders at 8.5 just popped on

Something is going on. Lots of Algo buys. That’s not really P&D action. That’s more like someone going a position.

Pretty sure that OGIF would not allow their share of such a massive area of their own country be worthless. They are now tied to the fate of sound, so is the royal family, so are some of the largest pension funds in Morocco. We have our share of approx 2 billion dollars worth of recoverable gas. And god knows how much more. Morocco delayed the construction of an LNG terminal knowing this gas was coming online 2021. They have not renegotiated the gas deal with Algeria knowing this gas was coming online in 2021.

We have a chairman with many many millions of shares who has a far greater interest in getting a good price than any of us. We have Shell and Repsol right next door to our area. Morocco has one of the best tax environments for oil and gas in the world. We could soon have a bidding war for the right to help Morocco develop this area. Sound And SLB have unlocked the TAGI at the Horst, it will be unlocked in other areas.

Might see a TR1 over the next couple of days. With those shares being on the market.

well it just got filled. followed by what looks like a couple of stop losses kicking in.

Also how can you even think that someone wanting to buy 350k shares is a negative thing, weird.

I would say that if the price was rising but at the moment it is falling. so it is more of cushion order (if needed).

Also who to say the MM are happy to fill such a large order at such a low price. I have had orders in just below the bid before and never had them filled.

nice to see a largish buy order pop on. just below the bid.

HUR now in the 50s.

I have also drawn the comparison with HUR. But Sound is trading at an even bigger discount.

We will all know soon enough, but we are seeing so entities accumulating stock. One thing is for sure we have a market cap of les than 90million but we have a 47.5 share of over 2 billion worth of recoverable gas. Plus the rest of the acerage, plus Side Moktar

Currently 4% up looks like heading back to $70 barrel.

We are currently trading at 30% of the value of just the horst.
I expect the latest TE7 pressure gauge data has had a very positive effect on the potential resereve volume.
OGIF will be using all of its massive influence to get the best price for the asset.
Our new chariman has 27 million shares.
ONHYM will want to see the Horst put into prodcuction as soon as possible.
We have a lot of positives and only one negative the SP.
And Guess what the only thing that is not tangible is the SP.

again this is the third time this week