Member Info for keeptofacts

sorry about typos, in a hurry as just poping in between more important things.

guess you missed the ebit where they tell you they are taking a pay cut?

or does that not fit your agenda?

II takes £3 milklion quids worth at 10p, do you really think it's going lower?
save your energy, you're fooling no one.

more acurately this "In for a penny in for a pound!"
should read turn a pound into a penny!

why would anyone in their right mind buy this stock when they WILL consolidate and they WILL double the shares in issue?

madness, utter madness.

the very people shouting the loudest that JP et al. should be investigated for stealing PIs money are the VERY ones who are doing everything they can to steal from the same PIs!

your mothers would be so proud,

genuine posters, gave a good day.
time to leave the scum to it.

What an utterly ridiculous thing to say

cash is NOT running out!

but of course you knew that didn't you?
or are you really that thick?

many of the things you moan about happened / were decided a long time ago when the sp was much higher.
why did you not sell then?
or is it only in hindsight (surprising often 20:20) that you've decided they were (possibly) the wrong decisions?

" we will need to raise circa £30 Million"

why?
from memory of fsc TE11 would cost Sound around £6 million and we have £14 million in the bank!

why would I criticise?
you've basically copied what I posted on 7th June

60 mcfd expected from TE5
This is 60% of requirement for Morocco

GSA offer at present is 8-9$ mbtu
1020 btu in a cf

60m cf = 61,200,000,000 btu
= 61,200 mbtu
= $550,000 / Day
= $201M a year

This is JUST TE5
And people think Sound will be sold for 10p / share (100M or so)
Really?

it doesn't actually matter how good or not the compounds are.
yes, if they commercialise it's a huge deal, BUT. unless you throw money at this EVERY time they fundraise by the time the get a deal your share of the company will have been diluted to the point it's not worth anything even in a 1000 bagger!
infact, toi get back to 60p (Yes) I need a 29,900% increase!

think you might be missing the point.

"If nothing of any note then why bother for a few months funding?" (sic)

because those few months funding is a few months' salary!
remember two of them are married, so it's a few months' household income!

also, of course, those few months were all they could get as they can't issue more shares unti after the agm gives them authority!

That’s a great analogy.

seaton - I don't have much of an idea really, but I would say leaving it that late makes it nearly imposible for a new buyer to get gas flowing in time for the 2021 deadline.

teamhanz
I had the same discussions with john gilchrist in person 5 years ago,
we both thought a deal was just around the corner because GM told us.
look where that got us.
I hold val shares essentially worth nothing and John G sold out at an huge loss of getting on for £300k!
if you want to believe in miricles that's your business. I choose to look at the history.

Caveat - oh the irony of the juxtaposition of your avatar and post, brilliant.

if you actually believe what you've written I suggest you stay away from investing.
in fact, why not simply give your money to a real charity. you'll feel better in 3 months time!

your definition of 'dip' needs some thought. this 'dip' has lasted about 6 years!

Terrier - sadly I am only too familiar.
been in val for many years!
anyone claiming a deal is close needs to know the bod have been saying that for many years.
look at the history, a board member (can't remember his name and can't be ar$ed to look) was brought in to commercialise compounds and left a couple of years later having achieved absolutely nothing.
does anyone actuallty believe a group of f&ckwits who signed the recent financing 'deal' have the mental capacity to negotiate a deal with big pharma? really?

are you clinically insane?

have you not seen the history here?

they raise 300k @ .2, how long will that last.
oh, the rebate is now assumed to be 150K which is mot surprisingly exactly the fee they expect to need to pay to get out of the funding deal they were delighted to announce 6 weeks ago!

if anyone really is stupid enough to buy now they obviously don't understand val will HAVE to consolidate (100, 125:1 atleast) and then raise funds again.

at some stage they 'might' geta deal for a compound but by then anyone buying now will have 1% of their capital left.

"The page cannot be displayed because an internal server error has occurred."

this was a key piece of information
We expect the FID to be ready at the end of this year. However, the expectation is that the new owner will be the one taking this FID forward.

New owner BEFORE year end

glad you picked up on my sneering tone, thought I may have been too subtle :)