haha, not me my old sausage. have you read any of my posts on here? i'm no shrinking violet. lol
Haha, don’t worry Spunky I know a shed load more a out this industry than you
Well apparently Spunken JP is linking the GSA to oil price.
You lot can't have it both ways ffs. You were all blaming the oil price for the sp weakness over the last 4 weeks. Now all of a sudden it isn't relevant. Lol. You can't make it up.
Point proven.
Post reported for baseless ramping DM. Lol
they are due at the same time we are going to hear about Luca's baby, Sidi commercialisation, Sidi Farmout, data from te6 / te7 re reservoir pressure stabilisation, and apparently the GSA too.
Great, thanks for pointing that out Partridge, I missed that. Much appreciated.
Ok thx. I don’t doubt you at all, but I’ve learnt to rely now on written comms from this co rather than whispers to SHs. A reflection of the message teller not the likes of you who relay what you heard. Still surprised the awarding of restricted stock or options to a senior exec and now board member didn’t warrant an RNS....
Hi Davey, re your 9.00 post, any idea where that came from? Verbal conversation or formal doc? Appreciate any guidance. Thx
Sorry JC, should have read... For me the Echo Arg political and “get your money out” (at a corporate level) RISK is way too....
For me the Echo Arg political and “get your money out” (at a corporate level) is way too underestimated by investors. That country has a long history of concerns actions impacting FDI and I think the current issues aren’t helping sentiment in E. Although I have a holding there I’d never feel as confident as I did in SOU three or more years ago. I do completely agree with your comments implying many irons in the fire. Since we sold Italy to Coro and absolutely nothing has come of Sidi or Luca’s baby, it’s felt like we are indeed very much a one trick pony and that pony lost a leg and an eye courtesy of te9 imo. Unfortunately, as many a hardened supporter here has admited, this has been a take it or leave it confidence play in JP for a while now. A bit like a religious sect if people are honest with themselves. Problem is nothing Jp has “carroted” or said was possible has turned out to be delivered or proved to be so. Indeed back peddling and underhand comms have further eroded confidence. To me this is a very very high risk, high (you’ll notice no verys used) reward punt now to try and satisfy JP’s ego and all their bank balances at our expense and risk. Shame on them.
Who is Omar Bouzalmat? Does he use a camel to find oil and gas? Perhaps he’s linked to GRH and his multiple accounts on here? You’d have thought our world class team would have taken on board as much as possible when deciding the well locations, wouldn’t you? Mmmm...that is assuming they are indeed world class and secondly not just having a punt in the desert at our expense. I’m afraid to me the speed of moving from te9 failure, the acceptance the seismic and science really isn’t what we were all lead to believe (they need more time, but more time isn’t likely to improve the answer....from fsc answers) and the way they are blindly pushing ahead, leads me to expect the worst here now. Does anyone know what the strike price is on JJ’s 4.9m share options? Also, can anyone explain why such a share award would not require an RNS? Something there smells funky to me.
Eric, I have a question for you. What has changed since the end of October for you? I mean back then the sp was around 35p, and the market nor you, nor me for that matter, were valuing our discovery at 10p it lower. It seems like a lifetime ago and another indeed another dimension from where Sou finds itself now.
Which communication has been honest? I missed it.
SO fwiw, your 18.28 post is close to my understanding too.
Crude, problem is it’s not their skin. They didn’t pay a penny for the shares, nor in JJ’s instance done anything to deserve anything near that number of shares. Nice job if you can get it. Mind you that’s why we are PIs investing and risking our hard earned, and they don’t. Who are the clever ones. I’m not at all surprised, nor I imagine is anyone here, that you’re not critical of the team. The fact you’re not isn’t exactly at all important imo. Wouldn’t expect anything else from you.
Fund, not find
Indeed Blocker, when you say “keep posting”, I think you'll find I post much less than many and post a lot of sense. I think these bb rules should be made clear. If they are only for ignorant and wilfully misleading positive posts then make it clear that it what this bb is for. The censorship on here recently suggests that’s the case. I’ve been proved to have a remarkably deep and accurate understanding of this company, and I suspect that really grates the likes of ktf (what an ironic username), Shaun and co. I made it clear that it was the asset that has kept me invested here recently as I lost my faith in the exec team here a long while ago. However failure at te9 has caused me to question my confidence in even the asset now. I guess with hindsight you can see JP’s faith in the asset crumbled a few months back just before the TP was set up and he and his mates started heading for the exit. I’m not so sure about Predator Eric, at £6-7m mcap I suspect there’s an awful lot of dilution to come in order to find the work programme. It’s certainly on the watch list though as easier to see a bag or two out of that than here with SOU mcap where it is.
Not JP no, I did speak to most of the others. Btw it was clear as of the Badile visit that they were never going to re enter the old wells. Another carrot dangled in late 2016 early 2017 that went stale. Wells too fragile in their words.
Eric, I think the BoD know a lot of stuff. It’s not rocket science to work out why so many of these valid qs people have aren’t answered. They don’t want to answer as it would highlight the doubts and inconsistencies at the heart of this venture. JoeCreed, over the years you often pose some very good questions on this bb. Why don’t you just ask JP and either then do or don’t post the reply? The reality is he’s the only one who can answer such qs, and imo he won’t answer you in a straight and unambiguous manner as again it would highlight the falicy of this venture. I’m sorry to say the sp at 15p tells you the market sees pretty much no chance now of 90% if investors getting there money back now. Sad situation, but entirely in the BoD’s doing.
Tbh www, if I could earn 500-1000k per annum to trash a company mcap down 80%, easy money and I’d sleep well.