Member Info for keeptofacts

unless they have again gambled more than they can lose.
assuming the worst and sound have to pay the tax bill as it stands it will NOT finish the company.
a long payment plan will likely be agreed. Morocco needs the gas, they're not going to shoot the golden goose.

do you think maybe the intended audience for the rns is not just sound shareholders?
I do.

btw, I stubbed my toe earlier walkimg the dog, I blame parsons!

you seem to be a bit of a panicker!

there was a 3m sell earlier and yet the bid has gone up.
I think we're just in a holding pattern until significant news arrives.

love you too

actually I haven't bought anymore with this month's spare cash yet.
I'll be sure to tell you when I do as you're so interested.
But, why the hell do you think I should provide you with proof of what I do buy or sell?
you can believe me or not, makes absolutely no difference to me.

it's only a matter of time before someone posts that they lost their money because the previous bod were lizard people.

Good RNS

the Company announces that it has initiated a formal farm-out process for the Tendrara Production Concession and the surrounding Greater Tendrara and Anoual exploration permits and has appointed Gneiss Energy Limited, a leading energy corporate finance advisory firm, to manage the farm-out process.



The objective of the area-wide farm-out is to seek a co-investing partner in each licence to both fund the expected balance of Phase 2 development costs and also to progress an exploration and appraisal drilling programme in the Greater Tendrara and Anoual exploration permit areas.

no big point eric, just a comment as it is it’s just a discussion board.

people wasted their weekends posting on here. Did you really have nothing better to do?

Sounds tax experts come up with. They are so much cleverer than those poor Moroccan tax officials.
1: no one except you has said this.

2: it all becomes clear YOU are indeed a Moroccan tax official.
which leads me to think they WILL certainly have made a mistake.
off out to enjoy the sun, done enough of the day job today. Have fun.

be carfeful, you'll end up with a bad back with that chip on your shoulder. Maybe change it's side now and again.

NO ONE but you has said anything about 'our' system being better than anyone's.
and who the hell would be impressed by 12k? there are people posting here who threw away 50 times that gambling on sound. my mentioning the 12k was to highlight a specific example of a mistake 'our' tax authorities made nothing more, nothing less, but I have seen how you like to read unintended things into other people's posts.

there is something seriouisly wrong with you.
why can't you undertstand that sound have tax experts who specialise in challenging just this sort of thing. The tax authority will have an oppinion, our EXPERTS have an oppinion, a judge will decide at appeal.
if HMRC wrote to you after you did your tax return and said 'you owe us (say) another £50K would you just pay it?
tax authorities make mistakes. I was personally charged £12k too much for tax year 2020/21. I questioned it and got a refund in full because they made a mistake. it happens and questioning it does not make me arrogant, just sensible.

the price is down because many 'investors' are actually short term gamblers with as much understanding of the prospects here as darien demonstrates below.
it's a sunny day and Friday, relax and wait for the inevitable re rate

much appreciated. It's all looking a lot better now.
quite excited to hear news on the three well programme.
the LNG, phase 2 etc are all great and will generate significant revenue but it's the exploration that has the potential to cause the sp to 10 bag or more.

no problem, each to their own.
f.y.i. I had another little top up this morning.
it will either come good or not.

eric - with all due respect this line makes no sense
' the value per share is lower then when he started. Our investment is Worth less then when he started'
investment may be worth less (I haven't checked' but value per share is lower? how are you measurig value per share?
I would say value per share is higher.

No, the value is curently NOT reflected, that's why its a buy.
or are you a believer in Graham's efficient market theory? long debunked.
if value was always reflected in the sp there would never be any opportunities to make money on share trading.

to be clear, I DO want a significant rise in SP to the point it reflects value.
I happen to think the time is comming. The trigger for a rerate could be the tax issue resolution, drilling, phase 2 fid or even phase 1 starting to deliver. I don't know, but somehting will trigger it.

I thin you are confusingt value and share price.
the 'value' GL has created is
progressed phase1
progressed phase2
discussing three well program with partners
funding
renewables ....

yes, the sp isn't great, but GL is building a business not trying to pump up the sp, that was the aim of the previous bod. would you prefer that approach?