Member Info for keeptofacts

c*ck up. well done BOD!

so, they sign a truly cr&p financing deal, apparently without any advice (what a surprise the arrogant t*ssers)
now when they realise the implications they go back to the lender (I wont say investor, because they aren't) and try to renegotiate the deal.
why would the lender agree? what's in it for them?
the ONLY reason they will agree is if the new deal is even betetr for them!

the company I work for has litterally hundreds of NDA's with clients.
not one has veer been rns'd (or us equivalent as we are Nasdaq listed)

what is your point:?

https://www.soundenergyplc.com/media/1594/exciting-times-ahead.pdf

Using the industry standard valuation of a discounted cash flow analysis, we derive a valuation for the Sound Energy’s share of the TE-5 discovery of approximately US$360million which adjusting for the cash equates to a value of 27.2p/share. This uses agas price of US$8.9/mcf in 2019

Just for TE5!

every well, commercial or not, adds to the information available to a buyer.
seismic showed this, well showed this therfore ...

that perhaps the reason sidi is not for sale rtight now, despite the preffered option always having been sell the whole company is because someone has said 'we want Tendrara but not Sidi'
either that or sound have a plan for sidi.
either way, think it's positive.

he was clearly giving a message with that purchase.
whilst I'm sure he can afford it I doubt he would have added if he thought the price wasn't a strong buy.

what I'm saying is we have a lot of options and assets worth keeping or selling.

we are NOT selling a failed exploration asset!
remember tE10 has NOT been shut in.
TE5 will be part of a planned producing field with agreed price for gas, pipeling for delivery and no tax for 10 years.
does anyone REALLY think this is only worth 10p/share or less than 200M?

of course the annula opex can be significantly reduced

people need to understand this is NOT a fire sale, last roll of the dice sort of thing.
we nhave money in the bank.
we COULD move to production with TE5
a low offer will simply be refused, whatever the idiots on here think, or more importantly want everyone else to think!

this comes down to a simple question

do YOU thinik sound will be sold for more than the sp today or not?

I do, so will be buying.

that's it.

there is so much wromg in your post it's not worth answering your points.
ffs. TRY to read a few rns and TRY to understand!

only if it was set up to BEFORE the closed period,
no one can retrospectively change the plan.

that's the whole point.

PNE, sadly these are not rational people who are posting all this vitriol.

they are the sort that would sue a doctor who saved their life, but broke a rib doing cpr!

I suspect many are also fat and don't think it's because they stuff their faces!

sorry, I don't
I go for companies the cleaner, gardener or pool man tip.
works for me, may not for you so maybe stick to your usual approach.

for someone who supposwedly was glad to put this behind them, you seem strangely keen to keep posting ngative sh!t.
IF you did indeed sell I guess it's the usual 'need to see it drop more' to justify your sell,
shame it's gone up since, eh?

looking to blame anyone but themselves for investing and losing is staggering.
whatever was or wasn't said by JP et al. it was you who chose to buy or not.
you heard exactly tthe same message as those that chose not to buy.
no one seems to take responsibility for their own actions any more (and I include some misserable OLD fcukers in that statement).

get a grip ffs

5p equates to a market cap of 50 million or so.
you think the gas we have proved and for which we have indicative GSA ALONE is only worth 50 million?
ffs, some people are so transparent, or possibly just thick as sh!t.

I'd quite like it to still be around this level next week when I will have some spare cash.

people seem to be forgetting that Schlumberger APPROVED the location of TE10 (and previous wells)
they are not in the business of wasting money drilling holes in the sand on a whim!
it hasn't worked out at TE10.
Hint: the clue is in the name, gas EXPLORATION!

tells me a few things
the staff cuts are partly to save money, but mostly because we won't need them – sale soon.

TE-10 well test does not diminish Sound Energy's overall assessment of its Eastern Morocco acreage
Still talking about exploration potential of up to 20 trillion cubic feet

Sale will be East Morocco acreage, leaving Sidi in new co.

All this suggests to me that they have indicative offers.
No one would write all that and then recommend a 30p offer.