Member Info for JezTheFez

I think most of us are in the same predicament, Scarf. Most of us will have averages above today's share price and wait in anticipation of the news. I really don't have the appetite to go long and like many, just want my money back with a healthy enough profit and to draw a line under this. This is beginning to drag-on longer than it really needs to IMHO. Time to get us sold to the highest bidder, all being well. This will be the making or breaking of Parsons. It's time for him to step up to the plate and show us what he is made of. If he delivers us a decent LE, which he claims to be capable of ("deal making is in my DNA") then in theory, we don't have anything to be worried about. I still think there is a reason behind the BOD taking a reduction in their salaries as of 1st August. Hopefully, it is because a deal would have come in and the share price will be placed into suspension as we are asked to vote on what the deal is via a simple 'yes' or 'no'. Only time will tell....but boy this is boring the hell out of me.

Longwait,

Don't believe anything you read in a Chuckle Energy RNS.

Well the clock is ticking and we're all still none the wiser. I just hope Parsons has managed to secure us a deal or all hell is going to break loose. I'm happy for him that he managed to find the time to pop off on his happy holiday, leaving we poor PI's to fight amongst ourselves.

FWIW, I still believe the deadline date is July 31st and that we should hopefully learn our fate in early August. How long does Parsons intend to keep his finger on the 'pause' button anyway? And all along, he has been enjoying a full wage. There better be a deal on the table or I don't think they should pay themselves a single penny going forward as they haven't met their end of the bargain. This lure of the Liquidity Event has been keeping we investors sticky and loyal to this share and if it turns out that there is no imminent LE, I for one will be very, very unamused.

The Chuckles are giving him until early August to come up with the goods, or else our support for him will be no more. I can't keep sending my poor twin brother off to the Call Centre for his 12 hour long shifts as I stare out of the chip shop counting passing cars and licking the window.

GLA. This share at the moment is incredibly boring and Parsons ought to know that we're all frustrated, bored and unimpressed. Get on the blower and get us sold before I die of boredom. Yawwwwwwwwwwwwnnnnnnnnnnnnn.

Jizzy

Petroleonline / Omar Bouzalmat - he is our Head of Exploration at Chuckle Energy. We deploy his skills to find the gas, using his divining rods and geological wizardry. That coupled with my wonky fez and Crudehope's salt throwing skills....what is there not to like???!

Shedulike,

When you live above a chip shop, chomping on spam and swilling Blue Nun (Liebfraumilch if I'm lucky) the current SOU share price only brings joy. That's how bad things have got. I'm bored of being bored as I watch rain drops trickle down my window.

I realised yesterday that Red Rum spells Murder backwards. Maybe somebody knew something?

Trellis,
It's wine-o-clock and the BBQ needs lighting. Wannabe 5 will be getting restless.
Enjoy the Bergerac and chargrilled pigeon.

JTF

The bidders aren't just going after the gas. Given Morocco's location and access to the European and African markets, there is a lot to be said for buying us for both strategic and political reasons, both of which you can't really put a price on. The Chinese will probably want a piece of what we have to offer IMHO. The Chinese are doing a lot of business in Africa at the moment and I suspect will continue to do so. So remember, it's not just about the gas potential. There are other factors in play here...not to mention the 10 year tax break.

I can't see Crude's comment. What did he say?

Back to the wine, I think.

Seaton,

Just hope we get to hear something soon. This silence is very fast becoming boring.

Trellis,
What type of wine are you sampling today? Red I suspect?
I will carry on reserving my final judgement on JP based on the outcome of the LE. If he believes that "deal making is in his DNA" then he can hopefully conclude this agonising wait successfully for himself and perhaps more importantly us, who are yet to have our slice of the bacon. I consider myself a fair chap and the BOD paying themselves the sort of money they have been and that will be paid to them on exiting SOU better make for a decent LE or else there is going to be a lot of very angry investors looking for serious answers. A lot of decent people on here have a lot of their hard earned money invested here based on what JP has told us and his hyping of the share. His hyping never really sat comfortably with me because I was always brought-up not to count my chickens until they hatch. The sorts of figures that were bandied around in the manor they were was too much of a gamble IMHO. I always said, find the gas first and THEN and only then do the celebrating. It's no coincidence that the man has hunkered down in his bunker for what has now been weeks and weeks. He can't hide for much longer. The Chuckles are running out of patience very fast and come early August if we haven't heard anything from JP or if there is no RNS giving us all an update, then we are going to fear the worse. 2 weeks and counting basically...……………………….

JTF

IMHO if we don't get at least £1 per share come LE then Parsons would have failed to deliver. He needs to understand that if he's to do one thing right, then deliver we investors a decent LE. What we have is valuable and many are still underestimating the true value of our assets. I still maintain we are worth at least £1 per share and let's be honest, £1 per share a year ago would have been laughed at - especially by SG with his wonky abacus.

We don't want to go long. Nobody really has the appetite for more drilling despite there being a chance of success with Te-11. I just hope this radio silence doesn't mean that we don't have a decent enough bid or any bid at all. Dragging this all out for another several months will be painful IMHO. I just want this to end so I can take my money and move on to another faster moving investment.

Jez

£65 per share for me too. I think Mooncheese was being way too conservative when looking back at his predictions. We'll all be rolling cigars made out of the new 50 pound notes that are coming out (hopefully before the LE although I wouldn't bet my old £50 notes on that).

Soobirs, PS200 filtered Trellis.
You can't filter Trellis as he's full of booze. He can only be fermented or distilled or even decanted depending on the time of the day. And we Chuckles would clog-up and jam your filter. Have you seen the size of our trick bellies? I don't even think Jacamo have got clothes in my size any more. I gave up looking when I reached 5XL. We just wear throw overs now.

Oh God no. No more drilling here please. Let's get this one sold and get the party started in here.

Nuff said.

Jizzy

He can show them the various dust samples that he has collected during his time at SOU.

Flamemaker,

Aren't you the lucky one having twins?! Double the trouble, twice the pleasure. Being an identical twin myself, I can assure you that your life will be enriched in plenty of ways.

Here's hoping that your twins don't end up above a chip shop chomping on yesterday's spam. We only moved away from milk and nappies last week though.

JTF

Even dust has a price tag.

No, I won't be getting back into this dog of a share. I was stuck in it for a few hard years and never again thanks very much. I was just popping by to see what was being said and I see that A1M1 is still warning you all of impending doom and gloom. 6p-9p in a year's time??! Who said that? Nah way. No chance. Not when they need to raise money to help them last through the next year-or-so. I still maintain that Cluff should have sold this company to one of the "big boys" before bowing out.

There's nothing much more we can say or do right now. All that needs to have been said has been said and so hence why this bb has turned into a bit of a joke fest for a few of us who have nothing better to do with our time. If some of my comments entertain the troops out there then that makes me happy.

Looks like A1M1 was right then? He warned you many months ago that the share price would drop to around 1.65p. I also relayed my warnings but nobody chose to listen apart from a select few of you who have decided to sell at a loss. You could have spared yourself the pain and embarrassment and listened to what A1M1 said. Tut tut.

I'm glad I jumped ship at just shy of 5p. 4.92p to be precise. Not a bad call by me and one of my better exits. However, as soon as I bailed, I had the eloquence to come back on this bb and warn the newbies not too jump in blind and to exercise great caution. Again, my advice fell upon deaf ears.

Now this share is full of angry, trapped bulls, which isn't particularly endearing. I only hope you are happy to wait for another couple of years at least to try and recoup some of your losses. Listen to what A1M1 is saying for once, will ya? These guys are going to have to raise money and they will have to continue raising money throughout the lifetime of the upcoming drills to meet their end of the deal and commitment regarding the drilling costs. Just be aware of that and that any rise in share price might be seized an opportunity for the BOD to raise cash via share price dilution. I've seen it time and time again. PREM comes to mind. GC, every time the share price rose, decided to raise money and further dilute the share. Now look at where they are as a company. On the verge of going under. Poor management and poor decisions don't cut it on AIM.

JTF