Member Info for keeptofacts

I might have a top up, but it won't be 'cheeky'

what does that even mean?

lovely day here, far too nice to be miserable

Probably because there is no point talking to most of the idiots on here 😊

You don't consider getting phase 1 and phase 2 revenue which will generate more net profit to sound per year than current market cap would make things 'rosy'?

of course a good drill result could send this stratospheric, but that's the cherry on top of the cake.

Careful Soobirs, you'll ruin their story 😊

So, let me get this straight

you previously said phase 1mLNG was pointless, but now you say that becausse it 'might' be delayed it means Sound is "a bloodbath of a company"

Make your mind up lad!

My reading of the tone and content of this presentation is frustration at how long things are taking but confirmation that things ARE hapening.

some quotes

company completely undervalued (from the horses mouth).

CLOSING a large transaction to FULLY fund us

We will DELIVER on phase 2 before any need to gp to shareholders for funding!

if we close the Calvalley deal soon we can drill Te4 with the rig that will arrive in Tendrara in May (not drill in May before some tw&t says it)

So, frustratingly slow in some areas, but this is a company that is delivering and will continue to do so.

Watch that blood pressure lad, you sound rather angry and stressed.

I am as positive as the next man, but have you heard the story of the boy who cried wolf?

Spencer ...

"it’s so evident that business is run now just to keep the lights on so they can get their next pay check"

what utter BS.

it's not evident at all!

News will come. despite what some hope / need.

Calvalley deal, back costs + phase 2 costs (share) drilling costs and possibly deal to fund Annoual drilling (hinted at in last presentation).

GSA re write

Bank financing for phase 2

all these will lead to revenue that will make curent market cap look rediculously low.

and no, they are not about to go bust.

there is plenty of available credit in previous agreement to keep the light son etc.

That kylie is still online earlier than actual share holders every morning, in his case, praying there is no rns.

and that's despite posting at 7pm on a Sunday night.

does he not have any friends or family?

I wonder why?

"something smells very very wrong here "

sure does kylie, and it's you!

what sort of twisted and obsessed individual gets out of bed and thinks I know, I'll go spend ten minutes before 7:30 in the morning to write negative BS about a company I have no interest in?

Spencer, your numbers are factually incorrect, even if we ignore the weird comment “have had the last 250k if it’s money to keep the lights on”

they haven’t had any last 250k!

I suggest you check the sp angel flash note of 19th Feb this year

https://www.soundenergyplc.com/media/tvbh5z2x/sou-2024-02-19-flash-note.pdf

quote

“Sound has about $6m left to draw on the $18m Afriquia Gaz facility that is funding the

Phase 1 development and has also reduced the monthly cash burn rate to £0.25m

ahead of closing the Calvalley deal, which should deliver back-costs that bolster its

working capital position. Attijariwafa Bank has completed the legal and technical due

diligence and has made a conditioned MAD2.365bn (~$235m) offer for Phase 2 senior

debt financing, subject to certain conditions being met such as gas sales agreement

amendments, project development contracts and Government approvals.”

Agreed it's taking a very long time.

It’s worth noting that GL said in the last presentation that all due diligence was done and they were on final documentation.

Can’t understand why that would take so long, but I do believe we are close.

Of course, what close means is anyone’s guess.

Eric,

the timing is not down to Sound. they can only announce when they receive the conversion notice.

also, the conversion is absolutely not a surprise. I for one expect the whole convertible to be converted as and when the terms allow. also note this was the last date they could convert in this tax year.

as for kylie's ravimgs, he has clearly lost the plot as he had in previouw guises. best ignored.

Would agree, except it's a 'he'

The point is, I won't be wrong in the end!

you have to be right forever, I only have to be right once, the time it matters!

The point is, I won't be wrong in the end!

so a perfect strategy. I enjoy being positive and right. win win

No, but GL did say Calvalley and Octavia are backed by people with very deep pockets.

Thanks soundasa ...

I'd rather be positive and wrong than negative like the miserable tw&t kylie/ps/keepitfiction/trellis/whatever pseudonym he picks next.

Life is too short to be so negative all the time.

Either it is simply taking a very long time, but we get there in the end or there is more (positive) stuff going on. Either way the miserable tw&t won’t get his wish.

That makes my day, everyday. 😊

I am increasingly convinced there is more going on here (in a good way) than Calvalley just taking forever to sign.

the non binding terms were alrready agreed on 13th June, 9 monhs ago! Due dilligence was completed many months ago.

as Graham said repeatedly 'no news is good news' but this is taking far far longer than it should.

Maybe it's Calvalley coming into Annoual as well? or Maybe it's a full on buy out?

either way we need to know.