Member Info for keeptofacts

The news was unreservedly positive, there were a lot of big buys yet the price dropped.
Obviously that means there were a lot of big sells (MMs don’t move the price for no reason).
But why were there sells yesterday? What triggered it?
The rise on news wasn’t sufficient to represent a spike to sell into knowing you could buy back when it dropped.
There was nothing in the news to give a reason to sell in volume.
The news represented a significant step forward along the road to revenue.
Did several big holders wake up yesterday and think, nah sound isn’t for me? Seems unlikely.
It surely can’t be people selling shares they got in the placing, that would be at a loss.
People are quick to cry manipulation on AIM, but I do wonder if there is an as yet unclear motive behind this.
Interesting times.

is building very solid foundations.
they are enroute to generating revenue, have significant backing and have huge exploration upside.
when they get a partner for the three drill campaign (must be soon) we will have a multifaceted company and I expect significant sp increase.
obviously no guarantees (as I'm sure some doomsayer will point out) but it's getting harder to see the dopwnside here.

you make an interesting point

With the oil and gas Majors now Cash rich, anyone for 25% of a future development supplying Morocco and potential Europe. Dreams............

the Majors have never had more cash available for exploration / investments. They can see the demand and spending some of the significantly increased cash flow would seem a sensible thing to do if they are to avoid windfall tax bills and guarantee future gas supply.

it was Tuesday that I topped up.
I have many many multiples of the number I had at the peak of the rah rah ****
will keep adding until this leaps up (which it will)

Someone nabbed nearly 6 million 18 seconds after the bell!

What I particularly like now about the company is that it is progressing on many fronts at the same time.
Phase1, phase2, exploration planning ….
All with a realistic prospect of significant revenue / cash flow and very good Moroccan support.

you mean like the other tax issue, where we heard nothing for ages and then heard that it had been dropped by the tax authorities?

I'll be happy with the same outcome, would you?

I asked

I’ve been thinking about the commitment to drill Annoual and the statement from Graham or John (can’t remember which) that you had put together a three well package and were talking to interested parties.
Seems to me we are getting close to the point that a plan will need to be advised and things started if we are to get a drill done this year?

I won't post the reply as I haven't asked, but as always it was carefully written and well within the rules.
I will paraphrase: three well program, bring in partner process underway, more detailed questions answered on the 28th.

please explain exactly which part of my post was sarcastic, because I sure as hell don't know.
Thanks.

I'm VERY happy with the sp as I'm a buyer and I can see the opportunity here.
in fact I bought more again today.
it's called investing (the idea is to buy low and sell high in the future).

I see no farce.
I see an exploration company transitioning to a gas supply company with an exploration arm.
as such they don't curently generate cashflow (this will change very soon). as such they needed to raise cash and were very clear about it before hand.
this company has great future revenue nailed on and huge exploration upside.
maybe this is not the right type of investment for you?

Thanks Ducati,
I find it impossible to believe that sound won’t find willing partners to drill with them in Morocco.
All this extra demand and a ready route to Europe.
I’m thinking when, not if!

That Annoual would get drilled this year (as required) and that sound had put together a three well package (as this was more attractive to prospective partners) and given it is nearly the end of june I think we are likely to hear news on that front very soon. exciting times.

LOVE you too utility :)

you are a truly odious individual.
yet again you are trying to change the meaning of my post by missing bits out.
I did NOT say it`s good news for the SP
I DID say this is very good news for the sp (if it's the case now)
note the bit in parentheses!

And why are you obsessed with private health insurance and private education. Don’t you care about your family enough to pay for the best for them?
Maybe you don’t have family, in which case don’t you care about relieving the NHS of the burden of treating you?

so?

large unknown trades at mid tend to be negotiated between parties.
still interesting as aprt of a pattern.
Today's look much more like straight at market buy.
sometimes you get a run of large mid market trades followed by a few big market buys.
this 'can' indicate that the negotiable shares have run out and the buyer needs to go to market to finish their buying.
this is very good news for the sp (if it's the case now)

who kmows?

after a placing there are always few shares changing hands, but today's looks like a market buy.
I wonder if some party is in a hurry?

at 11:31
seems a bit too large to be a PI punt.

some shares moving around last few days.