Member Info for Hallowed

Looks like we're headed for single digits next weeks...

Me too..can't quite figure out what's going on...either will close at the bottom of today's range in which case we're headed lower in absence of news, or if we do finish at top then reconfirm the support around 10.5p...hmm..

gone thought at 10.25p just now...not looking good guys.

My share service provider has yet to update my custody account with new name change - does anyone know how long this typically takes regardless of provider? Thanks in advance.

Well., if NFX manage eventually to do an out-licencing deal, the value of a deal is worth hundreds of millions of dollars. According to this report (www.pharmadeals.net/journal/pharmadealsreview/details/2148) on page 1, the mean total deal value of M&A fibrosis deals was $1.6 b divide that by no. deals in 2015 (around 3,000) equates to over $500m/deal....nice.

10.5p? We continue downwards until news...

"Aminex announces that all parties to the previously announced Ruvuma farm-out agreement have agreed to an extension to the longstop date to 31 July 2019."
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Any bets on yet another extension (I've lost count how many already) and timeline?

I quite like 31 August because I am off on my hols after that...

So all this risk taken on by PI to get a yield of 4% - and you think this is good? In the words of one of the tennis greats John McEnroe - "you can not be serious"

And this was the plan all along - no doubt about that.

The alarm bells rang when MTR did that deal to sell out their stake to MOD.

All this just "happens to be" at the expense of PI's.....hmmm.. this seems to be a common occurrence ...How can we make money here...

Difficult to break that 14p - 14.2p high....sells flowing in and so re-trace to happen before further rise?

OK thanks for clarifying.

Longwait, the most sensible and impactful post I have read on here for some time - people forget that our assets include not just TE-5 but also among other things successful drilling at TE-6 and TE-7 where massive amounts of gas flowed (we simply have not brought to FID like we are doing with TE-5).

So much potential in the Tendrara licence area and this may take time to value .....

Longwait, the most sensible and impactful post I have read on here for some time - people forget that our assets include not just TE-5 but also among other things successful drilling at TE-6 and TE-7 where massive amounts of gas flowed (we simply have not brought to FID like we are doing with TE-5).

So much massive potential in the Tendrara licence area and this may take time to value .....

I am blind, that large sale was today afterall, I am going now to go and buy a pair of glasses....

Oops, that was yesterday - at least the the number of trades exceeds the number of posts on this BB :-))

Sale this morning at 8:38 (2.648 million shares) could be an indicator we have lower to go before any news update?

"Is it incompetence or lying/mislesding investors? take your pick."
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I think the 'incompetence' card has been overplayed (in fact in all areas of life - especially business and politics) - it is a convenient "get out of jail free" card - so I am going for the latter.

The company has valuable assets but has given them up to a wealthy family who will reap the benefits of getting cheap assets and post far-out, all of a sudden the Government becomes more 'cooperative' and aligned to moving forward on the project.

So it's definitely not incompetence but a lack of conscience on the part of management (and so they just get out of it what they can). Forget shareholder value - that is just for the more numbed minds to believe in).

PI's have been taken for a ride but probably we are now getting closer to a BUY in the stock to trade it at the very least.

GLA!

I think it's good to remind ourselves of what SOU are offering for sale which extends beyond just TE-5 Horst:

As JP surmised:
"Sound Energy entered Morocco in 2015 in pursuit of a Mediterranean gas exploration strategy attracted by the multi-TCF exploration potential in the Triassic and Palaeozoic Algerian petroleum system combined with the strong gas market fundaments and fiscal terms. Schlumberger joined Sound Energy shortly thereafter Over the last four years, Sound and Schlumberger have: - Developed a strong in-country team led by Mohammed Seghiri - Drilled 5 TAGI wells (TE6, TE7, TE8, TE9 and TE10), of which 3 (TE6, TE7 and TE10) have encountered gas - Acquired 2,850 line km of new 2D seismic data - Re-processed all available historical seismic data - Acquired 22,800 km2 of aerial gravity gradiometry and magnetic data - Developed a basin model with multi TCF exploration potential - Developed a prospect inventory, including a TE11 prospect, a Palaeozoic play opening opportunity - De-risked the TE5 Horst development with concession award, FEED and GSA (ongoing) Sound Energy’s investor thesis remains to deploy its capital into basin opening exploration, monetise both the discoveries and the remaining exploration potential pre-FID and to then distribute the proceeds to shareholders "

The full reply was:"FEED is complete and we have received an offer for the GSA which we are discussing externally at the moment. Yes we could complete a sale of the asset before these are finalised."

Good to know we don't have to finalise GSA before getting an offer + GSA aimed at TE-5 and future gas discoveries produced within Tendrara concession adds not little but signifiant upside value beyond just TE-5...

"exciting time..with a clear pathway to commercialization"
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Exciting time...yes, for whom?

Clear pathway to commercialisation...I am sure there is but in reality it means nothings if they do a good deal for the buyer..at our expense.

Message for Mr James Parsons - The only thing that can truly be taken at face value is the SP.