Member Info for JezTheFez

Even the naysayers and derampers have gone - mostly out of boredom I suspect. Yawn.
They were warned by the usual crew on here anyway, but nobody listened to them.

I'll be going on a liquid diet once the Liquidity Event has come and gone. I've got a lot of boozing to be catching up with, with the help of Trellis and his vast knowledge of fine wines and champagnes.
JTF

I wouldn't trust anything Partridge in a pear tree says about Bollinger bands. The only Bollinger I need to be consulting is the type that I can crack open and drink. The special edition bottle in my bedroom is waiting to be opened on news of the LE and when the money finally / hopefully hits my account. No pressure then JP!! I'll need to do plenty of drinking once this is all over and look forward to sampling the various wines as I tour around Europe.

Jobbs - you continue to display your moronic behaviour on this bb. Somebody has to keep the troops entertained in the interim and if you disagree with the entertainment that Trellis and I am providing, then simply filter us. I promise you I won't be offended. Actually I'd be DELIGHTED.

Well the way things are heading, Trellis, the EURO will be worth more than the humble £. Bojo The Clown is driving this country towards a car crash, which is not unlike a few other people I know.....no names mentioned!
Glad you have "discovered" your trusty wine already this morning. I know that it will bring you some comfort as we wait to see whether or not we receive any credible bids. I believe we will receive bids, the issue as I commented yesterday is more centered around whether or not the bid(s) will in JP's eyes be sufficient enough to recommend to we starving PI's.
There is a deadline dates for bids to be submitted by and we can only guess that it is sooner rather than later. We should hopefully know more in early September I reckon, but this radio silence continues to bore the hell out of me. I'd much rather watch paint dry. Time to wipe away the dust on that bottle of Bollinger in my bedroom. I don't think champagne is supposed to be kept for long lengths of time and in all fairness, I was hoping to have drunk it 12-18 months ago. There's an ironic joke contained somewhere in that last sentence. Back to flipping spam fritters...….

Trellis,

For a moment there, I thought you were describing Chuckle Energy plc. Then after careful reading, I saw it couldn't possibly be about us because, using your analogy, we would have extracted all of your teeth with the help of our Chief Extraction Officer, Wannabe 5 and we would have made a necklace out of them and then sold it to you for a profit.

I suspect you'll be eyeing-up your second bottle of wine by now? The weather isn't purported to be great today, so I trust you'll be sampling the red wines today, which tend to give you a warmer sensation?

On the subject of X-Rays, I'm off to hospital with Simonthezealot as he is having his knee x-rayed. It seems all these spam fritters and sitting around waiting for Parsons to tell us that we're going long, is giving him gout and arthritis.

Have fun in the sun!

JTF

AIM shares have a trajectory all of their own. I've never used any chart and never intend to. Waste of time IMHO. Most of the time, the price is sentiment driven as we're clearly seeing with this stock. I wish I had some spare funds to top-up with, but I have to keep spam on the table instead.

You could well be right, Jacklevi.
What do you think / hope the offer could be? Just out of interest.....

That unopened bottle of Bollinger in my room can't hold out for much longer. It is crying out to be drunk.

I do think we will get at least one offer. I say that in the context of there being "more than 10 companies" that have been in contact with us and I am hoping that have had company presentations and been provided with data packs to mull over.

The deadline date can't be too far away if what BM said is accurate and that was something along the lines of, "well before the 31st October." Although there may have been a jovial reference to Brexit somewhere in that sentence, nevertheless, it does IMHO point towards an imminent deadline date, which I suspect is now end of August / early September some time. Yes, I thought it could have been July 31st and that was only because of the salary decreases and nothing more. Either way, I don't believe we have too long to wait to find out what our fate is.

JTF

It's not necessarily about whether or not an offer will be made. It's surely about how much the offer is and if it is good enough in JP's eyes to be recommended to us for acceptance. That's the crux of the issue.

It's not just about the gas. There are other factors at play too. Geopolitical and strategic ones, which are more subtle but nevertheless just as important. The Te5 Horst alone, including the newly discovered potential drill sites and not forgetting the ten year tax break does have value and I don't think anybody can deny that. Just how much value can be attributed to it is for the prospective buyer(s) to decide with SOU's input and associated technical / seismic data.

I believe JP is working on getting a Head Of Agreement document signed with ONEE who will be the ones who will be purchasing the gas from the Te5 Horst area. I wouldn't at all be surprised if the prospective buyer(s) is/are waiting for this HOA to be signed-off in the first instance before they then proceed to make an offer.

This can all fall into place very quickly and very soon too, so just try and hold your nerve and wait for the news. News will land and I suspect in the form of a flurry of consecutive RNS's. The current share price is and always has been an emotional litmus test and has little bearing on what the eventual sale price per share could be.

Although my trust in the SOU BOD is at an all time low, I am going to judge them on the result of the bidding process. They only know too well that we are expecting a decent result. I'm not going to name a price on here again because everybody will no doubt have their own preferred target price per share come the LE. It depends on what your average share price is I suppose. GLA. Let's not try and bicker with one another in the interim. I know emotions are riding high at the moment and that is perfectly understandable, but in the greater, grander scheme of things, it's probably best to adopt the general demeanor of Crudehope and that is to keep your tail wagging and your pecker up.

Jizzy

Just for the record, Chuckle Energy can neither confirm or deny that we have put in an offer for the Eastern Moroccan assets. Mind you, I don't believe a sack of spam fritters and a load of hot air (bottled) would be seriously considered. We are however considering being a "fart-in" partner for Sidi if it doesn't get sold off with the Eastern Moroccan assets.

Just one molecule of gas is I think all he has to his name whilst at SOU in terms of gas discovery. Simonthezealot has farted more gas in the past few days. The molecules are real and they are flowing in the Chuckle household. We're happy to fart in a few glass bottles and send them down to Sevenoaks for analysis. It seems most of them have forgotten what gas smells like, plus it will give them something to do whilst we await out fate.

I was present at The Gherkin and mainly went for the free Haribos. However, he did look us all and told us that he would leave a financial legacy for us and our family. That's certainly been true for him and his family but unfortunately not us at this stage in time. There was talk of 'high risk, high reward' but not much emphasis on the 'risk' and most of the focus has been on the 'reward'. I do recall a comment made about 'nobody will lose money at these levels', which I found remarkable considering we hadn't even stuck the drill bit in the ground. I remember staring out of the windows of the top floor at The Gherkin and thinking, '"s this too good to be true or what?" The whooping and cheering coming from the back of the room was deafening. So how has it come to this? It seems all of the fun has been taken out of this share. Such a shame because I thought this share was different and hence why they picked up a number of awards for best investor relations along the way. I wonder what prize if any SOU would win today? The quietest radio silence award? The best impersonation of an Oompa Loompa? The driest well award? Take your pick....

JTF

I forgot to add, more money and more time on their hands too.

PS2003069797937493,

I can never get the numbers right in your pseudonym, so just hit the keyboard and hope that it makes some sense.
May I remind you that the price of spam fritters is far more interesting and informative than your dreary posts. Yawn.

Jizzy

Yes. Jacklevi suggested end of August going into September and that seems plausible given BM's comments.

Longwait - it was a jocular reference to Brexit with the 31st October deadline. News is fairly imminent here I reckon. Give it another few more weeks and I think things will start to get interesting....I hope!

Trellis,
I have never filtered anybody and don't intend to because I like to hear as many differing comments and opinions as I can on this bb. Most of it is quite entertaining anyway. And as I have commented before, you are not the type that can be filtered. I'm thinking more along the lines of distilled, fermented or even decanted on certain days of the week.

You have the backing of Chuckle Energy and both Simon and I find your posts informative and amusing.