Member Info for kylie75

All this is complete guff. in the end, the sp will react if mgt ever manage to actually add any value to the company. they've proved themselves very adept at increasing the ROI for themselves, by rinsing SHs year after year for unjustifiably off-the-scale remuneration packages, but as yet have not actually done a single thing in 5yrs that has resulted in a sustainable material positive impact on sp, or SH value. it's really that simple. Now GL and Co are removed from the decision making around the only asset SOU has (Tendrara P1 and P2), they're in a similar position to any other unfortunate SH, merely at the whim of a third party with questionable motivations.

Two things. The sp weakness is merely a function of the gap between expectations, company fluff and exec delivery, which has been and continues to be woeful. In terms of the exec and BoD putting SH interests first, good luck with that, there’s no history of that mentality or focus to date, and I can’t see why that would change

its nothing more than a morbid fascination nowadays ps. my experience is when there's a whiff of decay there's usually a few corpses lying in the undergrowth in the corporate world, and that has consistently been the case here. i'm not sure how long you've been around but before a 4-5 break from this forum (hence my new username) i used to post under the username babblingbrook. those with a long enough memory here might remember. i was the one that ran the numbers and challenged jp directly, and trayner at the time from memory, regarding the £1/tcf bullshine, and posted on here. it was obviously dismissed by many, but their responses to me were so avoidant that i knew they were lying and fluffing up data/context at the time. i genuinely don't think much has changed, and i don't buy the current corporate excuses re mind blowingly long / forever timelines. i guess experience of sou and other aim companies before and since have left me a huge sceptic of what lies at the core of this company. i'm guessing i'm not the only one given the share price is just 0.1p above all time lows this morning. you'll notice how until the last call, and not that the change in focus makes any difference to me in terms of my view of what's coming, the company (i.e. gl/gd) talked about not shareholder value and benefit, but actions being good for the company. well, further dilution, another **** convertable bond with ridiculous interest clause could all be good for the company (and execs) in the coming 12 months, but that won't be at all good for shs at this mcap/share price. i don't think any actual cash from p1 will hit sou bank accounts before 2h 2026, if ever (given the moroccan buyer of the gas still has few if any end user contracts in place by sou's admission), and i don't expect either fid this year or any drill programme announcement either. what for a brief moment looked so promising 8yrs ago (can you believe that!), now looks like a festering half dead mess at the side of the road.

Yet…..you claim to own 21m shares, but you sound as sceptical as me!? Something doesn’t add up PS.

you guys raise good obvious points. this is just an anonymous chat forum. do you ever put this to gl/gd etc? there is a huge difference between the headline €45m deal tag with managem and the reality in gbp in sou's bank account. for me the planning around cashflow / likely funding sources over the next 3yrs (if this company survives even a fraction of that) has been extremely poor. paying upfront to minimise possible future payments to a contractor when money is so tight was a stupid thing to do. they proved last time either through ineptitude or the dire state that sou is in that they were unable to obtain any even half reasonable funding, hence the pile of **** deal they did with the convertible. why would anyone think it will be any different this time? dilution and mind-blowingly poor delivery (extending timelines) is what has done it for shs in this company. i can't see why that will be any different over the coming 2-3yrs, despite all the hope from adam.

I just have a very strong view that i'm right on this one Not2sure, perhaps not best to confuse the two motivations....let the sp and the company's actions (as opposed to hollow words) tell you all you need to know.

-16% to 0.7p trading in just 24hrs, GL, adding share holder value every day.....legend.

Medi "Just a matter of time and this to be bought by Managem at 0.8-1.2p." - all i can say , if you're a SH here you'd better hope that's not the case, that Managem want to TO Sound. Managem are highly conflicted in that sense. Easiest way to tank SOU would be to drag feet and show zero progress on particularly P2, which is by the way EXACTLY what is happening now and for the past MANY months. Despite all the usual sugar-coated patter (bs) from GL (in the near future, soon, imminent etc), I judge by actions and delivery, particularly on AIM. And guess what, very little of what the company has been suggesting is 'in the near future' over the last years has even happened now. GL has very little influence now on Tendrara, either phase 1, phase 2 or drilling programme. He has deniability and excuse for it not being his fault now too, which probably means he's sleeping better nowadays, especially as he's rinced over £680k from SHs for delivering them -40% SH value in the last 2yrs. What a gem.

I’ve always been convinced that share dealing in SOU has been impacted by insider dealing. Not by those in the uk but there’s a large number of local staff, the pull of making a few bucks on news flow might be tempting. Getting waves of selling as seen in the last few years has often been timed before news releases. Looks like there’s some new news in the next few days and it’s not great imv either.

Keep on hoping SB, hope, hope and hope again. whatever you do, don't do any research.

keepingitfiction - your numbers flatter GL. At the time he was paid it was nearer 5.0-5.5% of mcap. some seem to think that was justified for some reason, and GL is mighty grateful for that no doubt.

Salaries doubled vs 2023, share price tanked and SHs watered down further by a moronic convertible debt deal with ruinous interest rate clause. Can anyone point to another company where the ratio of CEO remuneration to company mcap is so high? I bet you can’t…. Pigs at the trough, JP style.

691 is a complete fecking **** take for a ceo that has crushed shareholder value. i’ve said for years, pigs at the trough. cant you all see it now? no contingent linked to share price, just a grab & run. 691k for a ceo of a company worth £14m!!!! it’s gotta be world record. oink oink.

Appreciate the simpletons here think I take a one sided view on this share, but I honestly don't. My some what sub-par view of it has been right for a long time and for good reason. Interestingly over the last few days and again today, nearly every trade, regardless of how they're being shown, has been a buy due to the usual fun & games being played on the bid/offer spread. Someone's accumulating or buying back in I'd say.

GL made a clever move when he offloaded all responsibility & ownership for the P1 and P2 developments to Managem. It seems like they’re even worse and slower at giving market updates than the SOU team were. It reeks of the underlying problems and tension around this whole development - financial, political, geo-political and structural in a world going green. GL can wash his hands of the stress of zero news and zero progress, it’s not me guvnor it’s the new lot….! About the most astute thing he’s pulled off.

….clap?

Always reassuring to hear someone as clueless as Adam who doesn’t know the meaning of the word research post about hopes & dreams. I’ll sleep well tonight!

interesting how there's still a seller out there at these near record low prices. every time they're in the background slapping this ***** lower. did anyone ask on the call last night if management had a view or idea whom this consistent seller might be? the bond-holder shorting perhaps?

It certainly looks like GL finally investing in the company he acts as CEO for has really made a difference. big size trading today and very strong momentum to the market. overall buys exceed sells today by 42 shares and total volume traded has been 242 shares. clearly a massive rerate coming and positioning going on......

Holy carp, you guys must all be older and more forgetful than I feared. They’re almost certainly bed and breakfast ISA trades, buys & sells so calm down. An interesting question for GL is who is the seller, still? SP close to all time lows and still a heavy sell side pressure on it. I’d say the Moroccans are playing games with a view to killing this company off. Same for a long time.

A large 32k delayed sell from Friday published after hours today. There remains a large seller sitting on the sp.