Member Info for JezTheFez

The thing is, every social gathering at SOU has become a mini LE party. I just hope that some investors don't sell just based on the colour of the tie that JP is wearing today. I have never known such an emotionally charged share on AIM as this one. I'll be glad when it's all over and I suspect JP et al will be too.

Taproot,

People are selling their shares just so they can afford a pint and a sandwich. That's the ironic situation that resides here.

There is still some time left from now until the event to release a RNS.

No news is good news, as they say.
Everybody enjoy your Ploughman's sandwiches and pint of London Pride. If you get peckish later on then there'll be some deep fried Haribos left for you to nibble at over at 'The Cod Piece' chippy.
Not sure I'm impressed by those who have decided last minute to cancel their trips. You have denied some other people their opportunity to watch JP's t-shirt signing session.
I look forward to reading the reports later on today.

Jacklevi,
I'm not painting everybody with the same brush. I realise that there are many frustrated SOU investors out there including myself. I guess we'll just have to cross our fingers, toes and eyes and see what happens going forward. I am just unimpressed by the schmoosing that is about to take place when results haven't been delivered. Just find it presumptive and quite arrogant if I'm being honest. I was always taught to work hard, get the results first and then do your partying afterwards. I just hope that some people go there tomorrow armed with tough questions because the BOD needs to start answering them at what has now become a bit of a circus. What was supposed to be a simple vertical drill has turned out to be a long, drawn-out affair where the "big guns" are being deployed in an attempt to squeeze some gas out of the rocks. Desperate really.

He's a brave man facing a load of drunken Sound investors. I'll give him that.

I just hope that those going don't avoid asking him and others some frank questions such as:

1. Please can you explain the purpose of Soundnewco? And what will happen to SoundOldco?
2. Will you still be here right up until the end, even if Soundoldco's assets are transferred over to Soundnewco by way of shareholder's approval?
3. Is Te-11 definitely going ahead as previously discussed and planned?
4. What is the latest situation regarding SM?
5. Why weren't The Chuckle Brothers invited to the event?

#maythefezbewithyou

Trellis,Your attempts to woo Nurse Gladys I believe is failing. I think you ought to adopt the direct approach and tell her how you feel about her. Invite her to your cavernous wine cellar and impress her with the posh plonk. Chuckle Gas plc expects its Chief Alcohol Officer to do the deed. I wish you luck and hope and trust that wannabe number 5 knows nothing of your advances on the aforementioned nurse.

JP has always compared it to the size of Belgium, so somebody needs to tidy up their geography skills.

I thought it was the size of Belgium and not Wales? Why is the size of Wales always used as a measuring tool?!

Luca's baby could have something to do with Soundnewco but that's just a hunch.

It's going to cost money to purchase new licences. Where will they get the money from please?
Mr. Spencer bought his stock at too higher price. This has already been discussed in detail. It is by no way a reason to "stay put" just because another "investor" purchased at an alternative price to the price you bought in at.
Not sure how you can say that this one "is going to spike". On what grounds do you honestly think this one will have a sustained rise? I have admitted that it may have a short, sharp spike if....and only if Shell decides to farm-in on the P2252 Licence, but there is really little else to get the share price excited in the foreseeable future.

I disagree about your comment regarding the raise. My advice would be that a raise if one is needed should be done ASAP because should the share price continue to drop they will have to raise at a price lower than the current share price, which IMO could be even more damaging to the share price.

This reminds me quite a lot of MYSQ before the decent down to 0p. I should know because I lost several thousand pounds with that. I see similar patterns here in terms of the share price. Big spike followed by a gradual fall.

All I can say to those that remain in this stock is, I hope you have an abundance of patience and a lot of stamina to see this one through for what could be a long wait....a very long wait. This comes from somebody that was trapped in this share for over three years. That somebody is me. And no, I am not looking to get back in. Rather, I continue to recommend that fellow PI's exercise caution for the reasons that I and others e.g. A1M1 have mentioned.

Phil,
Do what is best for you. Don't rely on anything you read or hear on a bb. Always DYOR and follow your gut instinct.
I personally believe this one is heading sub 2p in the interim, which is a sentiment I had had for a while now. My recent posts back this statement up. I can't see there being too much going on that will have the sort of effect on the share price we saw when the Shell RNS was released. Yes, Shell may decide to farm-in to Licence P2252, but at the same token, they may decide it's not for them. I also believe that even if Shell does decide to farm-in to this licence, that it will cause a short, sharp spike, followed by a drop-off - mainly because it will allow a few rogue, trapped bulls to leave the herd and spend their money elsewhere.

The bigger picture surrounding this company as far as I see it and I speak for myself when I say this, is that nothing in the way of drilling is likely to occur until some time in mid 2021 and that is only if Shell decides that drilling is worthwhile following their analysis, which is due to conclude in December 2020.

I would also be wary that CLNR will need to get hold of some funding to pay for their share of the drilling as well as operationally and by that , I mean keeping the lights on and paying wages etc.

I still stand by what I have been saying these past two years and that is Cluff should have sold this company off to one of the "big boys" rather than looking for farm-in partners and as a consequence having a long, drawn-out next 2-3 years in the hope that they have success at the drill bit. It's a long time to wait around for potential success if you ask me. The loss of P2248 hasn't been a good move for this company and what's not to say there may be other issues or red flags moving forwards that pertain to the licences.

My recommendation would be to stay well clear from investing here. From time to time, you may get lucky with the odd canny trade, but that's not really my game.

This bb is getting more and more like 'Carry On Matron' as the days pass by....

https://www.youtube.com/watch?v=mAg1s1ByYfM

Crude,

As a fellow employee of Chuckle Gas, you and Trellis ought to know each other well enough by now to know that he does not partake in any healthy smoothie options. As Chief Alcohol Office, alcohol is in his veins....literally. I can not speak highly enough about Nurse Gladys. You won't need to put cucumber in your smoothie again. Not when it is substituted by a pair of ample melons. Nuff said, I think.

That's a 'hand of God'. Anyway, we have Crudehope and his bag of salt to save the day.

I don't think even Jesus knows when the LE will happen. We literally need an act of God to enable it though!

Our naughty words are being asterisked.

Trellis,

Your reports from the hospital bed remind me of 'Carry On Matron'. Nurse Gladys? Nurse Gladys? I told you to prick his boil, not boil his....ooooohhhhh!! I have just returned from a few days away in Lisbon and can report back that the Portuguese red wine is excellent. STZ had white wine, but you can't teach class these days.

With one operation out of the way and two more to follow, Chuckle Gas plc very much hopes that its Chief Alcohol Officer makes a speedy recovery. ***** enlargement operations can be quite complex these days, so hopefully wannabe number 5 will appreciate all of the pain you are having to endure so that she can be kept away from the scissors drawer.

Not sure what to make about the Mayfair wine do next Thursday. Still undecided as to whether or not some big news will land prior to the event. Maybe it is the Liquidity Event Party in disguise and all will be announced on the night after the share goes into suspension earlier that day. Now there's a thought. I suspect it will just be a catch-up and a chance to engage with PI's though. All will become clear next week I guess.

I did think about that, LtdAxis, but decided to skip past it in my head and mainly because I believe Shell won't proceed with it. They were given a three month grace period if my memory serves me correct. If they can see what is happening to the share price in this company, they should IMO do the right thing and abstain. Plenty more fish in the North Sea to go after.

My main concern is why Cluff didn't sell this company to the likes of Shell a while ago. He perhaps wouldn't find himself in this state of bother with regards to the share price and consequently, the company value.

I've never been bullish about this share - even when I was invested here. This share bored the hell out of me and still continues to do so. I've been a trapped bull so many times and I know when to exit a share. I can see the signs a lot clearer these days unlike a lot of people on here who jumped in blind. This one is now down trending until later in the year when the results of the 32nd Licensing Round will be released. I believe around August time, but not sure? I can't foresee there being any groundbreaking news in the interim that is going to reverse this down trend, unless somebody knows otherwise?

Throwing hissy fits just because people are angry about the current share price is by no way a valid reason to attack and insult other PI's. You were warned several times by me alone and now by the likes of A1M1. I implore you all to listen to the wise comments coming from A1M1 and to make up your own minds, You are either right and he is wrong or you are wrong and he is right. At present, I have to say it....he is looking as though he's correct with his analysis and observations. His observations are his opinion just as my comments are mine. They do not affect the share price and that will always do as it will despite who says what on any social media platform. If you can't hear both sides of the debate, then cover your eyes for 2+ years.