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The venue was very glitzy, a la SOU, but the room was far too small, the wine ran out and we had zero food. Ok, no problem, I can go buy my own dinner, but this didn�t happen with Turner Pope!!

Poor. Tonnacombe asked why institutions were being awarded warrants, but IPO shareholders and subsequent placing shareholders were not, and limited in the placing. The CORO spokesperson wittered, but had no answer.

No placing shares for them, is my guess.

Devonwolf, thank you for posting that.

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01942342

Signal Update Our system�s recommendation today is to STAY LONG. The previous BUY signal was issued on 28/12/2017, 18 days ago, when the stock price was 60.00. Since then TUNG.L has risen by +16.33%. Market Outlook The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security. Stayed long and bought on the down days, so may as well hang around a bit longer. GLA

More.

No idea why the disrespect for Turner and Pope? Not clever. Not called for.

Not2sure, yes. How much would they have to pay, per share, to buy it?

JP, I think you underestimate Mr Masterman. He spun SRON out of PVE and got the IPO on AIM. Now, as CEO of both PVE and SRON, he has brokered the Coro deal from PVE, SOU and SRON, leading to the next phase of development. Mr Masterman creates a plan, then works through it methodically. He did it with Fortescue and is now doing it with WRES and CORO. He is definitely not concerned that his companies are considered boring, as long as he is creating value. He has set CORO up cheaply and skilfully. Now he brings Mr Parsons in to run the business. Yes, he will bring Continental funds in, but that was always part of the plan, imho. Anyway, exciting times ahead, I agree. Sara Edmonson says there are acquisitions ‘already on the radar’. I think PXOG will be a prime candidate, since they have a 17% interest in a PVE find in the Selva field, for whic they paid 34% of the drill costs. Expect any acquisitions to be made almost immediately after the CORO vote. Don’t assume they will wait for the CORO listing.

Ok, that was ambiguous. I am happy that they get LIGHT working and hope it prolongs the lives of the patients it treats. If I make any money, ie over £1, that’s just a bonus.

That AVO now looks like it will be a success.

There has been a high level of interest in this event, so get in quick. Lots of SOU holders have registered with TPI. The SRON PIs were probably already clients of TPI.

Troajan, I reckon that SRON should be about the same mcap, so a five bag from here. I have deliberately not looked at AST, so I don't know what the potential is there, but we have a huge upside, based on the intelligence we have regarding untapped or residual ENI gas fields. Now we are folding in SOU and PVE assets, I don't have enough information to gauge what CORO will come back to the market at, but I'm guessing that if Mr Parsons sees CORO as life after SOU, we are in for an interesting time ahead.

courtier, I only check in about one a week now. I'm in WRES, and any news here will be trumpeted loud over there. SRON was seriously undervalued before. I'm very confident of a valuable strike at Selva. Mr Parsons will want to keep all the SOU shareholders on board, so expect a raft of good news over the next few weeks. This will come back with a bang. Metaphorically speaking, of course.

SRON told us what production would be, months ago. This is simply confirmation. So much more to come here. Anyone who had a little faith in the management will have taken a position and will profit handsomely.

Courtier, we knew this from the RNS. In theory, this is a merger of equals, as Mr Masterman put it. Mr Parsons sees Coro as "life after Sound", so he has great hopes for it. Coro gets economies of scale, but also access to the Sound production modules, which will be plugged into Sant' Alberto. That should bring the cost of getting Sant' Alberto gas into the grid down, from �1.3m to around �300k. That will start revenues of �2.3m pa. Along with cash flow from Bezzecca and Sillaro, we should be WELL funded for spudding another well in the near future. Sound II.

�2.3m pa income, for an outlay of a couple of hundred thousand euros. Excellent news.

SRON would not have drilled Badile. That is where our extraordinarily experienced and talented geologists will prove invaluable to CORO. I don't follow TW. I understand what he did with SRON, but am not prepared to comment.

*gets