RE: SoundasaPound20 Aug 2025 12:33
Been sitting on the sidelines saying nothing because there's not a whole lot to say. Watching in bemusement as the trolls rave on about meaningless 7% changes in the SP -- that's a twentieth of a penny 🤣. There's only one or two things going to make any difference. It's not H2 (not happening within five years and probably never), it's not Sidi (nobody stepping up with even a couple of hundred grand for seismic, I reckon we'll lose that license), and it's not solar (does anyone even have any idea what SOU is selling here?). Nope, it's phase 2 FID and maybe drilling. I don't buy the idea that Managem are stalling to starve SOU out. Phase 2 revenue is $100m/year. Nobody sits on their hands and intentionally lets that slide. Our problem is lack of news flow. Managem have no responsibility to SOU shareholders to release any info and their website doesn't even mention Moroccan gas. We're totally reliant on GL to funnel information back to us and he's doing bogger all. He needs to do more than dust off the same investor presentation we've all seen a dozen times. Concrete news on SBK-1 and Phase 2 are literally the only things that make any difference -- anything else is a waste of oxygen.