Member Info for keeptofacts

The end of the 45 day excliusivity period to finalise the deal with Calvalley.

expect that news soon, which should open the door for further news.

obviously getting that over the line is needed to meet the condition on the loan for phase 2.

You mewan less than £6000 worth - wow, must be a dud then :)

Herzog – I have been doing the same.

The irony is the bashers have helped out those of us who can see the value.

I suspect their time might have been better spent doing the same as us.

Why can't people understand Sound is NOT nsimply a drill and boom or bust company now?

Sound have a clear, fully funded pathway to selling gas for phase one and phase2 this will generate very very significant revenue many multiples of today’s market cap PER YEAR.

They also have a plan for exploration of their HUGE acreage which could massively increase proven reserves.

As Rubber just said, a duster will not bankrupt them (or their partner).

This is the difference between the old and new sound, and I for one am very excited about the prospects.

As for my target price, let’s just say a market cap of 400 Million looks perfectly reasonable to me 😊

The great thing is we WILL end up knowing who was right and who was wrong in the end won't we?

and I'm NOT talking about day to day, intraday or monthly sp movements. I'm talking about selling gas for significant amounts of money, paying dividends, proving reserves etc etc.

I find the people that spend their time constantly posting negative stuff odd at best. why do it? life is too short.

anyway, it's a liovely day here, the weekend is nearly upon us and my 'kids' are home from Uni so better things to do today and the day job is quiet because of the US holidays.

have fun people.

Love you too kylie :)

my agenda is straightforward.

I believe that this company will do extremely well and make me loads of money.

I am NOT a trader, can't remember the last time I sold ANY share.

I am that rare thing on AIM - an investor for the long term.

I do NOT make the mistake you make in thinking the market knows best.

the efficient market theory spouted by the likes of Graham has long been proved wrong.

will this take off overnight? probably not.. but then again I won't be selling until this is producing phase 1 and 2 gas and proving up more discoveries. caveat: if this spiked to silly levels way way above here I would take a profit.

right, that's MY agenda spelled out completely clearly. What is yours?

Thanks for posting

Sound Energy deal may help "double proven reserves" :)

Answered a lot of questions.

naturally there are things to complete and some things they can't sat. all very normal for proper companies deali ng with grown up partners.

naturally there are some who want things to happen today, but this is proper grown up business building a company that will provide significant returns to shareholders. Ironically many of those shouting about how long everything takes are exactly the same people that threw their money at a smoke and mirrors company that was Sound under previous management. People moan that Sound is giving away the assets, not true, but I for one would rather a fully funded smaller percentage than an un funded larger percentage! People have selective memories, forgetting for instance that Schlumberger used to own a significant part of the assets.

if you haven't watched the Q&A I suggest you do. key points for me were the 65Milliom a year NET to Sound after investment stage for phase 2 (assuming partner deal completes), the fact that there is NO funding gap for Phase 1 or Phase 2, they WON'T be coming to shareholders for equity funding and drilling is independent of phase1 and Phase2 and will be progressed in parallel once the partner deal completed.

Come omn then - let's hear your real agenda and previous nick name.

it's all rather pathetic.

there are dozens of companioes on Aim that I don't want to invest in. the difference between me and you (amongst many I suspect) is that I don't watse my life posting negative comments on them!

why do you?

In phase 2 funding (despite what some on here have claimed)

65million / year NET to sound (quote from Graham)

NO equity financing!

we won't be coming to shareholders!

Tincan, it's an entirely virtual event.

I would imagine it will be recorded and available on Sound's website later.

Pescado, I'm as positive about sound as anyone, but this 'buy buy buy' stuff helps no one and just makes you look like a ramper looking for a spike to get out!

Tanfinch, thanks for the reply, appreciated.

to answer your question, I think the sp is supressed because there are still some uncertainties about the financing for phase 2 and partner situation.

I would hope (and expect) as these are ticked off (partner after the 45 days from rns, if not before) and loan conditions a.s.a.p. we will see the value reflected in the sp.

I do agree another successful well would see the sp shoot up, indeed even spudding a well will do that as AIM 'investors/traders' do like a drilling campaign.

Why?

do you not see significant cashflow generation as important?

please explain or all you're doing is making random baseless comments.

Tanfinch - you say "No way we will get a higher SP until success at a new drill"

you don't think going from no revenue to significant cashflows from phase 1 and phase 2 will impact the share price?

very odd in my view, but please explain why you think this.

I’ve scanned the post and see some suggesting an institution is selling off.

I can see no evidence of that. Even on the highest volume days the volume simply doesn’t support that.

What I think we see is simply the usual AIM trader activity.

Whilst I have little belief that BB posts have any impact on share price, it is interesting to note that during a retrace negative posts are much more common, which in itself tells me traders are active.

I’m no trader and have no real interest in day to day changes, except around the 26th of every month when I may or may not buy more. I have not sold any and won’t until we hit my target, which is way north of here. I don’t expect to sell at the top, but I do expect to sell when a lot more of the true value is in the price. At this level virtually none of the value and potential is included. As soobirs posted, none of the exploration potential is reflected in today’s price.

Tripe like "Odds on the bank funding is slipping away I feel."?

posted by your good self on Monday.

I'm sure you can find something positive in there if you really try : )