Member Info for keeptofacts

why would it matter to anyone whether you were invested in sound or not?

btw, 'MOST' sound investyors have NOT invested in echo.

people get a weird inflated view of their importance to others and also start thinking people who post on BBs are te sum total of investors in a company.

MOST invesors have xero interest in BBs and the weirdos that post on them. (the irony is not lost on me)

thanks for updates, appreciated

I like this bit

"James Parsons (Chief Executive)

We absolutely could sell now or post drilling. The question is one of price. We are always looking to maximise the value to shareholders."

so they HAVE had offers. you can't sell withput offers :)

well, you've previously showed yourself to be a hopless trader, now you are encouraging others to do the same.

to sell sou now AFTER a fund raising puts a floor on the sp and BFORE shed loads of news just shows how little you understand the markets.

for your own good I hope you're not leveraged again.

how do you know 'they couldn't get a loan'
you state it as fact.
it isn't

you can NOT read anything into a drop after hours!
THINK about it.
if you had 1 mm on (say) 40 bid/43 offer and 1 on 20 bid/42 offer at 16:29 the 'price' would be 40/42
if at 16:32 (after close) one mm on 40/43 pulled their prices (as often happens) the after hours 'price' would be 20/42 an apparent drop of 50% or so.
BUT this is not a real price as the market has closed. the closing price was 40/42

also, don't follow this
"Also reckon mms are keeping it low due to Spread betting with everyone long"

mms are simply making a market. they can't keep it low if people buy.
spread bet companies hedge long bets by buying in the market, so many long spreadbets would if anything push the price UP

may I ask what you base your 2or3 quid on?

how many tcfs do you expect Sound to prove up?
what price per tcf do you expect?

I'm afraid your expectation looks more like the number you want or need, rather than based on a logical calculation.

volume is tiny.
just mms trrying to make a market.

the GSA will be for a fixed volime at a fixed price
hence, cn't be for all gas sold.

it's a futures contract.

that's because they are posted by the normal morons that add nothing and watse their lives trying to be disruptive.

wrong way.

for a future buyer of Sound it provides a guaranteed cash flow. they will know that (a small part of) Tendrara will produce X tcf and the GSA guarantees a market price fr that Gas. this leaves the buyer (of Sound) with a commerically viable resource Plus huge (proven, if wells work) upside.

trying to trade are we?

yes it does. if only because we were told directly gsa after Ramadan! try to keep up

with all due respect you might want to re evaluate your strategy here. when we get to 50p is not the time to derisk. 50p means we have turned the corner and heading towards LE.

the largest sell I can see is 32k odd comment

yes, but not only 1!

is that even with what we have proved now, it is enough to justify the biggest pipeline under consideration. this is a HUGE anouncement

"following completion of further subsurface evaluation and significant inbound third party interest," bidding war anyone? :)

have been dissappointed with today :)

"Sound is about to emerge from a relatively quiet year which it has spent shooting seismic (at Schlumberger�s expense) and preparing for the next exploration programme. For investors who want to revisit this potentially substantial Moroccan gas story as the newsflow starts again, now may be one of the last opportunities�"