Member Info for JezTheFez

DaveySanchez,

I tell you who is DELIGHTED and that is my smug twin brother, STZ who is walking around the bedsit as though he rules the roost. Just read his message and am shocked at his smugness. He's positively swimming around in tens and tens of thousands of shares and has a newly discovered swagger that I find rather alarming. Oohhhh get you STZ! Cheeky bugger has just asked me to make him an ice cream. It's like living with Andy Capp.

DaveySanchez,

At least you know that the Chuckle Brothers are delighted to be delighted.

#pleasanly surprised

I think one of the most poignant points to focus on is that 600BCF can supply Morocco with 60% of their gas. That puts things into perspective for me and why the SOU BOD haven't mentioned that fact before beats me. I think we have been led to believe that we have discovered hardly anything but clearly enough to arouse some excitement.

You also have to think about where Morocco is located on the world map and the gas price in country. Owning our assets could well be an excellent strategic move for the right buyer and one with deep enough pockets. It may even fall under state ownership, but we'll have to wait and see what happens.

Guys and gals, let's please enjoy this final chapter. This is our Liquidity Event and this is what we have been waiting for, for years and years. I'm feeling incredibly excited tonight and the timing of that video was fantastic because sentiment was very quickly waning again. People should IMO be feeling a lot, lot more hopeful now and if you are still feeling upset and negative then you must see the bigger picture, which is not just the day-to-day shifts in share price. There's a much, much bigger picture unfolding here and I believe JJ and JP can broker the best deal for us, which JJ alluded to in the interview. It's almost if JJ wants to pleasantly shock us. He looked as though he's ready to show-off his best toy. The excitement was palpable. He came across very assured and very confident. The body language spoke volumes to me.

Gaspunter has got the jitters. I don't think there is any cause to be concerned if you watch the video a few times and fully digest what was said. Look at JJ's body language and facial expressions too. Here is a man who is clearly very confident, excited and assured. I think we'll all be fine. I'd say the opposite if I didn't think so. I'm happy to let JJ and JP get on with securing the best deal we can get and I very much look forward to finding out what that is when the RNS lands. And the RNS will come....it's on its way and soon I think. I can't see much faffing around in my opinion.

I read a lot of subtleties in the interview. I believe it was designed to reassure shareholders that they are very much focussed on the sale of the company / asset and it was interesting to note that no mention of SM was made, which could have been purposeful. It would have certainly been a question that Malcy would have asked based on the types of other questions he was asking JJ, which IMO were quite searching and straight to the point / no nonsense.

Delighted to hear that Te-5 can supply Morocco with 60% of their gas. I had underestimated just how much 600bcf actually is. And they have identified some more drill locations by the sounds of things. It all sounds very positive and I think JJ spoke eloquently and didn't waffle. I'm still expecting a RNS out of the blue quite soon with the details of the offer, which JJ said he's looking forward to letting us know of by way of RNS if/when something is firmed-up. That could be any time soon and as early as tomorrow in all honesty. That's half the fun of the situation we find ourselves in right now. Basically, that RNS could land at any time and probably when we are all least expecting it. The GSA must surely been in its final stages now and I would like to see a RNS regarding the GSA obviously land first before we hopefully get the offer of purchase RNS.

I think the ducks are all lining-up despite some still feeling rather peaky about our chances of a decent exit price. I don't believe we will be doing any more drilling from what I can deduce but I guess no surprises there. Our assets are really designed for one of the super majors to unlock.

GLA and keep the faith.

Jizzy

Pontcanna - the "we" as in "us" "sound investors". Sorry to disappoint you.

Pontcanna,

The size of Wales is used as a measurement way too often these days! I wouldn't read too much into it. Belgium may be full of chocolate and beer but Wales is full of sheep and coal. We clearly weigh more than Belgium.

JTF

Scooby,

Don't say you weren't warned by me, Amtech and of course A1M1. Any fool could have seen that a huge raise was imminent to pay for their share of the drilling. Don't think this will be their last raise either. In situations such as this, it is not unusual for the BOD to elect to opt for another cheeky raise just before drilling commences to cover any unforeseen situations. People who believe they have enough money in their coffers from now until drilling potentially commences in 2020 shouldn't be blinded by this.

It's just your arrogant denial and unacceptance of what we were telling you would happen. We even called the share price right with our estimation and you thought we were all being absurd. Again, it was fairly obvious to see from a trained eye but you allowed yourselves and your fellow trapped bulls to ignore what was staring you in the face.

#rookie

If you want to see a rampathon then look no further than the 'Sailing with Sound' event on the Thames boat with its X-Factor style intros and talks of 31 TCF. I'm glad I wasn't on board ship that night, not to mention the swaying boat and JJ banging on about the history of British naval exploits. Yawn.

cconsult,

The share price is just an emotional litmus test. I'm not worried about it despite being down on my "investment". It's all about how many shares you have as oppose to what your average is anyway - in the context of the LE. Gather as many shares as you can now while they are available because on the sniff of any good news / rumour you probably won't be able to buy in sizeable chunks. It's the same old situation I see time and time again. I need another 5-10,000 shares and that will do me I think. Top up time before the weekend for me.

gsbricky,

Now is the time to top-up, mate. Buy when others are feeling like they clearly are right now. This bb is downright miserable at the moment but not everybody is under water and feeling the strain, so have a little respect for the newbies out there who must be feeling rather disillusioned by all of this negativity.

You have lost all faith in JP to deliver us a deal but we Chuckles haven't. You wait and see what he has in store. I maintain that some of you will be pleasantly surprised.

#keepthefaith

How many of you so called LTH's got stop orders set-up sub 10p? You better be hoping that they aren't all taken out by those nasty MM's. 10 years of waspish whining all for nothing. Just before a buyer is announced too. Such a shame....but don't say you weren't warned. Oh and another thing....you really wouldn't want to be out of this one come the weekend. Next week is going to get exciting. Top-up time again for the Chuckle brothers, just before the big news lands in our laps. It would be rude not to at this level. Will we get to exchange our spam for steak? Only time will tell. I still know of a few rogue park benches if anybody is interested? And I also hope you have told your wives what you have done. Either way they will find out, so it's time to man-up and tell them. The old, waspish, angry, frustrated bulls are a dying breed that are ready for the slaughter house.

I hope Mitchener is enjoying his recent investment. Watching it go south by over 20%. Now he knows what it feels like being a disgruntle PI. As always, his timing couldn't have been much worse! Haha!

I hope James buys him a steak meal and a pint or two of ale to make it up to him. The other one is down too....that Davies fellow. They must be scratching Parsons's office door.

Mind you, they haven't got long to wait for at least £1 per share....according to the Chuckles and Crudehope.

Living the dream.....

JTF

And another thing while I am babbling on...…

Couldn't they have made the FSC later in the day? I mean.....8am? Who gets up at 8am these days? When you roll out of bed, half cut, above a chippy at around 11:30am every morning, 8am seems unachievable.

STZ seems surprised that professional executives can and do start work early in the day. Makes me laugh.

I've just read Trellis's message. Attempted murder by CnDp?! At least that's a nice way to die.

If we get a decent LE, then you can save up for a wine bottled shaped coffin like the ones you see that are handmade in South America.

Anyway, I'm going to give Scooby Doo and Shaggy a call to see if they can find out what's going on at SOU. It's all a bit of a mystery at the moment. I just hope that the man behind the scary mask isn't JP.

#chucklechuckle

And further to my brother's comments, I find it a little odd that they are taking questions the day before and the day after the FSC. The day after, especially. It does IMO point to a prominent forthcoming announcement as early as this Friday and possibly after hours.

I do favour a clean and complete sale of the company, but I can't see this happening. I think Tendrara will be sold off first and then SM at a later date. I am not over enamoured about cp's but would stomach one cp based on the results of a drill into the Palaeozoic by whoever buys us.

You can bet your bottom dollar that OGIF are lobbying in private behind closed door, looking to get the best deal for Morocco. SOU started the drilling but we need a major to unlock its true potential. That probably goes without saying though! I like to think we have enough to pass on to the new owner and even a duster has value.

The board has fallen quite silent whilst we await our destiny. I just hope and pray that we get some positive news next week and not another dose of you know what. The longer this drags on, the sentiment will inevitably further wane and I suspect JP et al will be fully aware of that.

#tometoyou

Gasbag,

Some of the greatest minds and quotes come from bedsits.

JTF

On a serious note, I have to say the timing of the FSC is quite intriguing. Have we ever had a FSC at 8am before? They tend to be late morning or early afternoon from memory. Could this point to an early morning 7am RNS that day to explain the detail of the RNS with us? Possibly. It's in 8 days time too, which is quite a way off and anything could happen from now until then that could change the game here for the better. Interesting though. The next logical piece of news to land IMO could be the GSA, but I suspect as others have already alluded to, it may just be a catch-up session with us to answer some of our concerns and to reassure us that things are still moving in the right direction.

I have to say, that the level of negativity on this bb is astounding. When all of this is over, I really hope and pray that some of you have a little bit more faith in others to deliver on their promise. I have always believed in JP and as you know, my issues always were with the exploration team. Judge JP on what he delivers us rather than slagging the poor man off. This is where he comes into his own so at least give him the benefit of the doubt. I know that when I eventually meet him again and shake his hand thanking him, I can do it with a clear conscience. I won't be shaking BM's hand though.

You'll have to ask Malcy. Neither he or anybody at this stage can be 100% precise on what deal will be brokered. We all have our own thoughts and I have expressed mine. I'll be sticking with my thoughts this time around in fear of flip-flopping! Some of you may change your minds once more information becomes readily available to us by way of RNS.

I am more concerned at this stage as to the whereabouts of Trellis who has seemed to have hit the ground. Not literally, I hope. I think he has rediscovered those poorly lit recesses of his cellar and found what he was hoping to find in the way of additional wine bottles. I suspect he has been busily restocking the well lit parts of his cellar too.

JTF