Member Info for JezTheFez

Neptunes,

No point in trying to reason with the numpty DDClive. All he seems to know and understand is abusing other PI's on this bb with his ill timed diatribe. He is clearly hashtag anchored with an average share price way, way higher than the current price, so no wonder he spends every waking hour on here trying to defend any supposed negative statement with his waspish retaliations. I agree with your thoughts about the name Clive. Who would call their child, Clive? Very old fashioned name and everybody I have met in the past who goes by the name Clive is a bit of a twit. Saying this, STZ bought a personal number plate C1YVE several years ago and sold it to a Clive who put it on his gold Jaguar. Gold Jaguars and Clives seem to go hand in hand.....both old fashioned.

The only comments that are making sense to me on this bb are the ones by Trellis and Neptunes. I hope you are well, Trellis? I'm off to open a bottle of Blue Nun. It beats toothpaste.

Shaun,
I think you fancy my brother. Are you trying to get to him through me?
Don't fight it luurve....

Wanger - it doesn't matter who the email is from to be honest. It sucks.
They must have a fairly good idea by now as to whether or not what they have seen / found is potentially commercial. Talk about prolonging things....jees. This is going to be a painful wait for what will be yet another duster.

Shaun,

STZ's gas permeates through the whole bedsit. Thank God the chippie below us didn't light the stove.

DDClive - I can 100% promise you that I have NOT sold out any of my SOU shares. I thought I made that clear on a number of occasions? Happy to meet you in person and show you, so we can put this matter to bed.

My opinions are my opinions and I don't expect anybody to agree with them. However, I like to think what I say does hold some truth from time to time and my predictions as of late with regards to SOU have been accurate.

Not impressed with the email from Sarah. Is she actually qualified enough to send a PI a technical explanation of what they think they have discovered so far?
And to compare what they think they have found to two wells that proved both to be dusters, speaks volumes.
Hence why this bb has fallen very silent all of a sudden.
How many squeaky bums are out there tonight?? Who was that numpty who was boasting about his 10 grand buy order that was all ready for yesterday morning? Brexitboy I think his name was. I wonder how he is feeling tonight having watched his "investment" already dwindle by several percent in two trading days? Well I did warn you over the weekend to exercise caution and if you need to go back over my messages to verify this then please do.
The MM's are clearly walking this share price down in the absence of any news and so they can take out stop orders and gather enough stock to play with. The longer there is no news, the longer this general pattern will continue. And I agree, this is very much normal behaviour on AIM as others have commented earlier today, so I'm not trying to be the bearer of any new information. The rookies amongst you ought to take note so that you don't lose any more of your hard earned money on believing hype. Base your decisions on hard facts and not pink, fluffy clouds.
I am in the camp that believes that Te-10 is non commercial despite there being a gas discovery. I discovered gas in STZ's bedroom tonight, only to find out that he had unfortunately broken wind. Now, that was a real discovery no matter what anybody says. And I still maintain that STZ has produced more gas than SOU has in the past couple of years.
You people believe what you want to believe, but I think we'll get another very cutely written RNS, omitting the word(s) "commercial" or "non commercial" and instead the language used will be fluffy, ambiguous and have you believe that they have found something half decent. I wish JP could spend some time with Paul over at SDX who tells it how it is - not afraid to say a well is non commercial. After all, it is gas exploration and you're not going to get it right every time, but luckily for Paul he seems to do quite well. SOU on the other hand has had very little luck as of late and that HAS to change. End of. Nuff said and all that good stuff.

Nice posts, Inv2w. Good to see somebody else on my wavelength. The BFS in a former RNS was due to land any time in H1 of this year, which means that it could land in late June. The latest RNS suggests it "could" land sooner. However, only believe things once they land as once upon a time, I was promised a PFS and the months went by and it never came. I agree in that the share price will start to look southwards again as the weeks tick by and 1.5p seems on the cards again.

I hear what you say Jacklevi, but he has also referred to Sidi as his Plan B before too. I guess if it comes down to it, he will sensibly review all options on the table once Te-11 has concluded.

Partridge,
I don't know what to think right now and no DDClive it has nothing to do with my buying / selling position. I am hashtag anchored in the 30p's as you already know and there I will sit.

By selling irrespective of results, you are assuming that there is a buyer or buyers out there who will want to take it on? The world economy this year looks as though it will be challenging in many ways and there is so much choice out there that companies can go after that on the face of it appear to be less challenging than drilling at Tendrara, which is clearly patchy at best. Too early to make any serious predictions, but don't assume that should we not find any more commercial gas that we will be sold-off and that we can all go skipping away into the sunset.

Jacklevi - the delay in Te-10 final results may happen to allow a certain someone to exercise their warrants at the end of March. And of course to allow all of the reptiles to jump ship before the fateful news lands.

If they had found commercial gas by now, I reckon they would have been shouting it from the rooftops. This time around, they have found gas, but clearly need to do some more testing to see whether or not it is commercial. However, following-on from my previous posts, I don't think we will have mention of the word "commercial" or "non commercial" in the Te-10 Final Results RNS. rather, we will have more fluffy, ambiguous language designed to give you the impression that they have found something worthwhile and that relates to the wider basin model.

Mancave - I checked the slide numbers and there aren't any missing pages.

"GSA is due shortly" - how short is shortly?

If they don't find any gas in 10 and or 11 then they have the option to go after Sidi in my opinion. It is therefore naïve to suggest that there is no planned activities after Summer 2019 when there could well be. In other words, what is our Plan 'B' should we not find commercial gas in 10 and or 11? It's a bit like asking the current Government what our Plan 'B' is should there be a no deal Brexit. The point is, there doesn't seem to be an evident Plan 'B' in place, or certainly not one that JP et al care to share with us at this stage in time. Why? It would probably involve JJ securing some additional funding coupled with a bit of share price dilution in order to raise the monies required to drill some wells over at Sidi (likely to be with a farm-in partner) if it come down to it.

Great posts coming from Neptunes as of late. It's nice to know there are others on here that have similar views with regards to Te-10. It ain't commercial until it is proved to be commercial if at all, so don't get suckered in by the recent hype and share price movement. I find it rather cute that they refer to Te-10 as a "discovery" when all they really need to tell us is if it is commercial or non commercial. They are too scared to tell us what is really going on in fear of another share price crash.

If JP has something to say, he can jolly well say it to all of us via a RNS and not to select PI's in an attempt to sex-up the share price. He knows the emails get reposted on here and he knows certain people are gullible enough to buy in on the hype that is generated from them. No wonder that at times this share as become a trader's play thing. It feeds the trader, that sort of behaviour and as I said last week, it did not impress me one bit. Rather childish in fact and has only probably made him and his chums richer on your stupidity.

I think with the final results RNS for Te-10, we won't see any use of the word(s) "commercial" or " non commercial". I'm not sure if by law they need to state that the well is commercial or non commercial? Anybody know what the ruling is on this? If it isn't something they need to report on, expect cute language suggesting that they have found gas, but believe it has migrated up trap.

Greendragon - sounds like a dodgy Chinese takeaway with a 3 star food hygiene rating.

MM's will probably want to take out stop losses and gather enough stock to play with before any notable news lands. Usual AIM antics.

I like how they refer to Te-10 throughout the presentation as "a discovery". Just what they have discovered will be revealed in due course.

should have read 'strat trap'.

If you look at the colour key on the diagram, I think from memory the colour of the area below TD was grey, which corresponds to the Paleo. It clearly shows they have found gas in what is the grey section i.e. the Paleo. Unless I have read it wrong? They clearly need to do some more testing throughout February and what looks like the early part of March in order to ascertain if it flows at a commercial rate. However, even if it doesn't flow at a commercial rate, it may have significance with regards to the basin model. It also looks like the gas may have migrated up towards the start' trap.