Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
“My forecast in May 2018 - having been invested here since March 2012 (I was then in short trousers!)
T9 by the end of 2018, if we are lucky; followed in 2019 by T10. With those two out of the way and 2019 drawing to a close and no gas a halt will be called in favour of Plan B the work required to bring Sidi to the front and look to save ourselves with the results of that plus the gas we already have at T6 and 7 when the whole package or sound as a whole will be sold off.”
Got the end bit wrong as they have lost Sidi somehow?
Gasbag
Apparently, Game is cholesterol free so you can eat plenty of it – unlike spam!
I would recommend that you get that rouge Partridge before the end of the season, preventing it from breeding, its essential to do this as some in the breeding chain will always need to be culled – sooner rather than later I feel in this case, as its inferior genes would diminish the quality of future breeding stock. Its known as the theory of evolution by selection, first formulated in Darwin I understand.
Professor Gasbag
I do know that Pheasant starts today and ends on 1st February 2020.
Whereas, Partridge shooting started on 1st September and ends on 1st February.
These are facts and all we should listen too - there are few around but you have to grasp what is out there.
Gasbag
RNS is as I expected.
My forecast is that there will be a fire sale early next year with the proceeds just covering the outstanding debt with no value for the shareholders.
A sorry mess indeed. Only hope is if a new leader is found with ability and immediately before the current team eat the remaining food in the trough.
Sound Energy - RIP.
Gasbag
It will be more of the same old tosh putting us on hold until the end of the year and beyond. Giving them time to extract as much as they can from this company.
What ever the words say tomorrow we will now only accept facts. Your times up JP the deal you spoke of is a deal for you alone, we have learnt that. Talk your way out of that. They will have to find more dosh to keep their greedy game going - they have neither guts or morals in my view.
This will be the last throw of the dice for them as nobody would ever trust any member of the Sound board or want to invest in anything they are involved with- so time to wrap it up and put everyone out of their misery, you can only play this game once.
All in my humble view,
Gasbag
Jez. I am honoured by my appointment as "Promotions Officer" which I take very seriously. So much so that I immediately set off for Lake Garda at Malcesine in Italy and the Hotel Bellevue San Lorenzo a place as perfect as you can get this side of heaven.
Perhaps you will kindly let me know if I can claim this on my expenseses with Chuckle Energy plc..
I have to report that there is a lot of hot air here, but no Gas detected so far. This may change in the next 18 months and there could be as much gas as there is water here in the Lake! It will change lives and be an inheritance for your family. Sorry that I cannot reveal more but it's against AIM rules. Just keep giving me money by buying shares and I'll promise to have a fireside chat with you some time in the next 18 months or a luxury venue with lots of pop-corn I think I still have some left from the Thames trip but Dave did eat more than his fair share, due to his silence I think it must have stuck in his throat.
Gasbag, never forgetting Mrs Gasbag (how could I) who is taking a break from the Royal Courts of Justice.
Hi Crude, You see not all the wonders of the world are in Sussex! - here in Wales they can teach you a think or two about relaxation - rather like France very laid back. Its why we came out of Devon where the greatest worry is being run over by an invalid carriage and its getting so busy. Leaving it all behind next week and off to Lake Garda. Catch you next time you get this way. Gasbag
Evening Crude,
Sorry to read of your health problems, it's a stressful time trying to support this share as you have always done, so much so it's taking its toll on your pocket and your health, like so many on here!
l wish I shared your optimism regarding its future but my view is summed up well by Jez, an interesting character, like many on here, I share his view regarding the cul -de - sac we are now in and his thoughts on our future. It's tough, but not far from the truth.
JP is clearly struggling with nowhere to go. Nobody now believes a word that comes from his lips, I am not talking him down, he has done that all on his own, so it's just as well he says nothing, we only want facts now- not promises, we have had too many empty ones.
You will see my thoughts in forecasts I've made with my posts on here over the years if you care to check back, which I still stand by, even those that were removed, based on my experiences of developing countries and contacts in Morocco I have always felt since the failure of 8 that Sound lost its confidence and feared drilling after that failure, flandering around in fear with no direction, as we are now. Fear is A powerful force.
I'm four miles from Powys Castle, I live out in "bush" not free tomorrow, but if you are still around on Tuesday Myself and Mrs Gasbag are taking a friend to the castle, so I could leave them to it for a while and spend time pushing you around in your wheelchair, if you can bare to face a pro Brexit negative Sounder.
Whatever, get well soon and I hope you will soon be "Sound" again.
Gasbag
Aah! Jez, something else we agree on, Powys Castle that is. A wonderful place to visit with your National Trust card. I live just four miles from it - since moving to the area last September from Devon.
We do also agree on JP and his capabilities- think we can forget the hopes of any sort of LE that's never going to happen. He will just wring out every once he can from the company before he goes to the gallows - it can't happen quick enough for me and many others.
Gasbag
Sometimes when fishing their is no fish on the line and therefore you land nothing only the companies debts. Going long will not protect the reputation that JP and his gang are hoping for. His hype has cut all their throats and they are now bleeding.
Gasbag
Jez. Once again I have to say I agree with everything you say today at 9 57, 10.10, 10.21 and 12.32. Yes the truth hurts for many, but it is the truth.
I stand by all I've said in my previous posts, (including the ones that were removed!) that only serves to confirm how near I was to the truth.
The truth was written all over the popcorn cruise on the Thames so many Septembers ago.
This board lived off hope value dragging everyone into their failed dream, it's time they walked the plank and took the consequences of their actions.
Gasbag
Trellis May be I can help. Your dentist omitted to inform you that after you put your tooth under the pillow you must wait eighteen months before you receive the thirty gold teeth.
If it then fails you will have to construct your case for professional misconduct - but please be sure to keep all the evidence like the old teeth, the x-rays and his reports to you of the outcome, at the least you will make sure that he never again does the same for any other patients - you owe that to the rest of the profession.
Gasbag
jacklevi - couldn't agree with you more but he is somewhat deluded as we concluded when we met him on the Thames river trip – the only wind-up we have and ever will attend.
Only time will tell the outcome of all this.
Gasbag
jacklevi - thats why the delay he is looking to find it in desperation. Probably on the back of how wonderful Tandrara is – BUT ... its finding the gas that is the problem and has been elusive to so many in the past.
Gasbag
Yes, thanks Crude we are fine and enjoying the summer. Our life does not depend on this share! But many have recklessly put too much into it. We are all suffering, but at different levels of intensity. Don't like to see others being milked by the strong.
Gasbag
Exactly - his only option then is to drill and for that he needs more cash.
Just adding my thoughts - we all have them with the radio silence we are experiencing at the moment and the lack of trust in anything other than facts via an RNS.
Gasbag