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The only thing that makes any sense these days on this bb is Trellis's wine anecdotes.
Funny how they release a RNS on the same day as when there is a load of stock being dumped onto the market. Mind you, there still seems to be people out there buying. I'm still sticking with what I have been spouting for a while now and that is IMO a deal won't be penned by 14th Feb. There does however seem to be a number of unexplained rises with some share prices across the board. Maybe AIM loves a dog and likes to reward it - probably to annoy the naysayers. I wouldn't at all be surprised if the share price rockets here on a deal being signed, which I for don't want to see because so many people have been harmed in the making of this share.
Tableleg - my one legged friend....I don't think a deal will be struck, but then again I could be mistaken and as I have already said, am more than happy to take the stick from you guys for calling it wrong. Don't take my banter to heart too much. Just my opinions at the end of the day. You have yours and I have mine. How low would I like this to go? Not for me to say because I am not invested here. My only hope is that some of you manage to recoup your losses and don't throw good money after bad when the past here could well dictate future events. Plenty more shares out there that are going places faster than 2021. I won't name them on here in case I get accused of cross ramping! Mind you, last time I mentioned another stock tip (EUA), some of you managed to do very well from it. I'm not just an ugly mug it seems!
I am spiritually invested, Ponty. I'm intrigued to see how this circus show concludes. They have a knack of letting investors down. Just because I am not invested here, doesn't mean that I don't care. Look after yourselves, guys and gals. Just be very careful what you wish for when the fox is in the hen house.
Trellis,
Good to hear that the wine is still flowing strong. I am a fan of Rioja wines, so obviously approve.
There seems to be something happening in the background, probably involving NUOG. PI's will be the last to benefit from any cosy arrangement as always. I don't trust this lot one bit.
If and when MF gets anywhere near his money back then I can see SOU delisting off AIM. I suppose if a deal is forged with this private UK company, the money will IMO be going straight back into MF's pocket and he will then move on from this debacle with his cash restored. You lot will be left to pick up the pieces. Trust me, something stinks about all of this and if you can't detect the whiff of stale air by now then I can't help you. Don't take your frustrations out on me. I don't want to hear your moans and groans. I am really not interested when you have all been warned so many times by so many of us who have seen through the hype and broken promises.
I am still invested here and have pretty much written off my investment. I bought at the peak, hoping that the price would continue to climb a few years back and it has never got past my original buy-in price. I rarely check the share price here these days because I can't see anything happening here again in a rush. Money is tight and there will most probably be dilution just around the corner. STZ is my simple brother. I'll let him continue with his window licking as we all watch the share price head further and further south.
Are we in a closed period at the moment? If we aren't then ask yourselves why there have been no more Director buys or even II buys. The market doesn't much rate the potential for a deal taking place here IMO. If it did, then we would see a gradual climb in share price over the next few weeks up until the Feb 14th deadline aka 'National Impotence Day'. The thing is, I can't see a deal happening. Only more dilution and then followed by even more dilution or worse still, a delisting from AIM altogether. No more drilling, no dividends and no hope. The final cash is being scrapped over before the lights are turned off. Just enough to cover severance payments. Marco really ought to right his investment off and accept that it just hasn't worked out. I had to right off my investment here and make my money work elsewhere. He's a millionaire entrepreneur and so if I can do it then he should be able to recoup his losses via other investments. However, therein lies the problem. He has thrown his cash at a couple more AIM dogs in RGM and NUOG via C4. He's going to need all the luck he can get with those ventures because the market can't and won't forget what has happened thus far here at SOU.
Her Krudenhoffer aka Kirk aka Crudehope has finally admitted that his master is "naïve." How many years has that taken him to spout that diatribe? 10+ years I think. Even the lapdog has bitten its master's crotch. And there was me thinking that a dog wasn't just for Christmas. Christmas has come and gone, but the angry puppy is still pooping on its master's lap.
JTF
Nothing to report. Still feeling fleeced and angry about what happened. 6 grand down the pan. Gutting.
Yeah, I can't see them being forward sold, so there should be quite a bit of churn that day or around that day IMO. There is not much of a market at the current price. Hardly any trades being done as of late. The MM's need to have a rethink and make the share price more appealing to those who are thinking about buying-in. 1.50p or lower is buying territory, but should there be no deal on the plate, the share price could drop slightly below the 1p mark e.g. 0.90p. Things could get messy very quickly, so even at 1.50p it is a bit of a gamble.
Oilpimp - sorry to hear about your losses, bud. Do you go by the name of Dickbat over on the NUOG bb? He too has lost £150k and his wife and am wondering if you are him? I think he may have lost the money in NUOG though and not necessarily SOU. I lost quite a lot of money when I was invested in MYSQ before it went down the pan. There were people on that bb who lost over £250k and were being diagnosed with cancer on the same day. So there is always somebody out there who is suffering more than you it seems.....
PI's hard earned money was gambled with on the hope that they'd find gas. I correctly predicted that they'd have a duster at Te-9 and Te-10 and recommended that they sell the company prior to these two drills, much to the displeasure of the disciples here. It was just way too risky IMO despite SOU being an exploration company. Ever since Luca left, the drill site locations have been suspect at best and lacked any 3D seismic, which is what I suggested. Even Malcy was surprised that no 3D seismic was deployed. BM commented that it wouldn't help and that it was only when the drill bit was in the ground, they would be able to see what was down there. I still disagree with that decision and I'm not the expert. Hence why my offer of flatulating into hundreds of empty glass bottles and driving them down to Sevenoaks HQ in my rickety Chuckle Wagon was offered so that SOU could pinch a couple more, much needed, rogue BCF's. Alas, the offer was rejected and didn't even appear as an agenda item at The Balls Brothers event. It was true what my mate, Omar Bouzalmat said about SOU. Something along the lines that "it is a mirage....there is no gas....only dust." And he was ridiculed by many people here for his outlandish and esoteric views. Even he offered to have a stroll in the desert with his divining rods and Crudehope's lucky salt to see if he could sniff out some gas. His help was also rejected by the BOD and they didn't even want to meet him to see what he had to say. It looks like the money earned from here by JP and MF has gone into propping-up NUOG and RGM. Two more AIM dogs in the making - both with target prices of 0.0p IMHO. The market has wised-up and has become very savvy, especially when so many good people were badly let down and had their expectations mismanaged. I suspect karma will prevail. It usually always does. Nuff said.
Good question. What would Plan 'B' be here should there be no "deal" done by National Impotence Day aka Valentine's Day? More dilution, a death spiral loan from somewhere, a reverse takeover, a delisting off AIM....you take your pick. I would be very surprised if a "deal" is done IMHO, but stranger things have happened when at sea. I just have come to expect the complete opposite taking place of what investors desire here. And as I type this, both JJ and JP are still drawing some earnings from SOU. JJ leaves around a week before the deadline date and I think JP is scheduled to leave around June.
DWF - yes we did and it was purely to get both of our averages down. Simon to 9p and myself to 14p on the superstition that the LE would at least derive a pps of around 15p i.e. so I could get my money back. I believed it was a good bet given the fact that the value of The Horst alone was mooted to be around 20-25p. As it turned out, it was a naff decision despite the dire warnings I voiced on here. I just wanted to get my money back and move on, DWF. Luckily for the pair of us, we managed somehow to recoup our losses over at EUA and both took a not so shabby £7.5k profit in a relatively short timescale. I did share that tip on here and some people managed to do OK from EUA too, which was good to hear.
Testpack?
Hindsight is a wonderful thing, mate. I know you didn't want anybody to say it, but I thought I would! Funny how I told you all about the red flags as they were happening or about to happen and very few of you bothered to listen. Hence that's why you find yourselves in the "trap". The fun and games are just about to begin, so fasten your seatbelts and enjoy the ride.
JTF (not gloating....by the way as I lost money here)
I still find it distasteful and rather embarrassing that the share price is still above the 2.75p placing price. Any buyers here are just 'trough fillers' keeping the trough topped up for the pig swilling to continue.