Member Info for Hallowed

Excellent observations Crude.

"Lord help us if this is the new post-Brexit-LSE animal kingdom"

The Lord is with us for as long as there are people like yourself who use common sense wisdom (but sadly common sense is become ever more less common in the nonsensical system that we live in).

It could be a timely article if TE-10 comes in.

https://www.ii.co.uk/analysis-commentary/how-sound-energy-shares-could-break-higher-ii507878

Molokai, I remember you from the 'old days' as I have been around BPC for longer than I care to remember but it is what it is.

Do we think they will ever drill - I think they just might.... eventually. Anyway, given the historical performance, I am expecting we head down again to 1p over next few months and then perhaps time to revisit any further buying in anticipation of updates re "on-going" discussions. What do you think and good luck!

Thank you Cruncher.

So if TE-10 testing is successful (we get results in 3 weeks i.e. in April), then LE is on for this year. This means we should get GBP1+ for sale/transfer of Tendrara assets to Newco and retain Sidi Moktar in SOU?

If TE-10 is unsuccessful, then TE-11 to be drilled but anyone's guess when exactly. This would delay LE and woudl SOU have to raise more funds say via a placing (and further dilution).

Conclusion:

Let us all pray for TE-10 to come in :-))

I understand that but you have taken the FFS option whilst the TS option is much lower. I was orginally thinking of £1b not $. But in any case, neither of us are expecting much to happen with the SP after all these disappointmnets.

In all honesty, and it's very difficult to be honest wth the self, this has been very disappointing and am not expecting much for 2019. So much for all the PFS expectations and impact on re-rate. The NPV turns out much lower than many were hoping for (I personally was expecting north of $1b).

The presentation refers to project de-risking to "drive further value" - well, yes, we have been de-risking by expanding the resource but where is the value for PI's? The only value given has been to the financiers at the expense of PI's.

Things are not always as we are lead to believe...making it difficult for most to make money here.

Any sign of JV seems to be a long way off still....

As far as the two mining options, TS v FFS, well the TS might as well stand for Total Shambles and as for FFS, well, I will let you work that one out.

GL to the believers here..if you have time.

Nice one crude, you may even want to try drinking yourself sober given the poor SP performance....

May the wine flow but let's hope there will be genuine reasons to believe TE-10 gas will also flow post stimulation... :))

A late buy at 24p - indication of what's to come? Perhaps.

Wishing those who will be attending next week useful insights into what SOU propose over coming months and please report back to inform the rest of us.

GLA!

Personally am expecting steady fireworks post event and not before.

Given the timelines for unstimulated/stimulated testing and results end of March to end of April, then that's the period from which the SP could begin it's journey back up to reflect anticipated MCap (and nicely ties in with JP's share plan he entered into 12 months ago - whether by 'luck' or otherwise).

So IMO April-June is where we have the highest re-rating.

GLA!

In addition to road financing news, we also need off-take agreements and a proper solution to the next round of financing - otherwise if we get more dilution, I just can't see how get proper re-rate given the history to date.

We have proven resources but until we get afore-mentioned matters resolved, someone else could end up developing this and PI's get shafted on terms agreed. Hope that's not the case and it could just well be a timing issue for when the real financiers get involved.

Seeing the (Nikola) Tesla name only reminded me what a great man he was and yet o little recognition especially in the West.

His knowledge of the spiritual Truth about our true nature and the Universe and it's laws of balance etc were never acknowledged and yet it his discoveries of how the energies, vibrations and frequencies work has lead to multiple applications that we use today and take for granted.

(One really can only assume logically that this top-down system we live in is ultimately run by a very dark force indeed - one has only to look at the non-transparency of AIM companies and the games that get played at our expense).

Anyway, lets hope AMC finally realises the elusive PFS soon!!

I know there are many here with higher averages than the current 26p but SOU have re-confirmed the discovery at TE-10 albeit the mid-case potential for the The North East Lakbir stratigraphic trap has reduced from 2.7 Tcf to 1.4 Tcf gas - even with a 50% net to SOU, this is still massive!!

Combine that with the TE-5 discovery and we are looking at a SP of £1+ as some pointed out and not really that long to wait for the sell off of Tendrara assets - from these levels that's a 285% return!!

It's a far cry from the original expectations of PI's who have been 'misled' but it is what it is and a lesson to all.

GLA!

It appears some PI's confuse shorting with selling - the two are not the same (look it up).

Anyway, disappointing SP for most and at the last rise I though I got this one wrong but the SP has since come back down again.

As a few posters intimated here, we should see further offers for MOD and/or DFS news and they decide to go it alone? Either way good for DFS and MTR.

Personally am looking to get back in over next few months as cannot see us going lower given the new warrants of 2p and news flows. However this is a far cry from Bonkers earlier SP predictions which pulled in the unsuspecting PI.

Nothing can replace experience and making losses is a also good thing if one can learn from it and not allow fear to get the better of you but continue to trade/invest....

GLA!!

Nice to know in terms of the bigger picture but AMC is still far off and so no surprise nil effect on SP.

I bet if there was specific approvals for financing of the road construction that that would have been RNS'd and the SP would shoot up. But alas, no such joy...

I go the call wrong as was expecting more of a dip before the rise. But clearly now the trend has reversed. So well done.

Any susatined re-rate needs volume and for some reason we're not getting it right now. Let's see how it evolves over next few weeks.

Thanks to Jeffry for bringing that Sprott note to attention.

It's interesting that Sprott chose to release that now before disclosing Rick Rule's list of investment for 2019. Given the disappointment of the target price, I am actually expecting the SP to fall further before the re-rate happens IMO. If I miss out on a major rise now, then so be it. GLA.

SoundInvestor, some good buying has brought us up to current SP levels which reversed the over-done drop (notwithstanding whether it was orchestrated or not). TE-5 alone is valued at current SP levels. I can't see us going much lower given the anticipation of upcoming news flows.

"There will be plenty to worry about if TE-10 isn't commercial."
---

There's always something to worry about but JP is not worried. The LE is the driving force this year (hence JP's 12 month plan in April last year to nicely tie in with major news mid-2019 perhaps?).

The orchestrated drop was way overdone and we have scope to further re-rate from here. Strong support at these levels, next stop 42p-52p area IMO.

That all sounds plausible but this share (along with AMC) have been huge disappointments nonetheless.