Member Info for kylie75

Never a good sign when the bid evaporates and the spread widens to 13%. The mkt has locked in longs now and with the best bid 0.8p, there’s no way out ahead of the next terrible update from this joke of a company. Snorkles on boys & girls, this ship is going under.

this is why this company in uninvestible. the only conduit between an investor allocating capital and the possibility of making an above inflation (or even a nominal with sou!) return is the management team. their competence, integrity and trustworthness to name just a few important traits. the market gave this company a few chances over the years and for whatever reason (as an aside the only constant in my view is morocco, i think this whole venture was doomed from a sou shareholder perspective from day 1 as the moroccan establishment will never let value bleed out of the country and to retail investors in the uk) and everytime sou disappoints. every single time. for those with a short memory, graham did state a 3-month time line for the binding (do many here actually understand what that term means? - it's not as positive as you might think) managem deal to be signed. that's about a week away. there's less than zero chance of that happening and the complete void of investor comms (despite graham saying he would make an effort to be more communicative going forward) should be a massive red flag. it's quite incredible the same mistakes and utterly woeful delivery can happen time and time and time again. that's why practically zero shares trade now and those that are invested are locked in and fkd in my view. thank graham for that. remember - sou has no money to pay for the feed study until the managem deal is over the line and monies paid. that means phase 2 isn't progressing at all either. so the only progress is snails pace on phase 1 (first gas in my view 2026 now) that has net zero value to sou (see broker valuation model). managem deal looking very shaky to me. no money. an exorbatant loan. management milking shs for salaries and phase 2 not progressing at all and no half-****d bank (even) willing to provide any funding to the company such that they need to get financially screwed by an aim low life funder. happy friday all. another of hundreds in the life of this black hole of a company.

Hi Bob, despite my cleverly ambiguous post, no I’m not a buyer! You have a management team that have a dangerous mix of complete & utter business incompetence, contempt for shareholders and character flaws in terms of being able to tell it as it is. The writing is on the wall for me. Once today’s RNS sinks in and people finally realise they’re being mugged off by a chancer the sp will reflect that. Bondholders & Morocco are the only ones getting out of this alive. That’s my view. Look at my post history to see if I have credibility. Look at the likes of Adam, KTF and dozens of other dreamers to see if the opposing views have credibility.

Yet again, another sadly all too predictable RNS from SOU. Anyone who thinks this is just ‘belt & braces’ and not a burning necessity and nailed on certainty that SOU will draw all this down is a loon! Another delay hidden in there. Wasn’t Managem supposed to be sealed within a quarter? Seems like q1 2025 more likely now, which pushes everything back, drilling and phase 2. Anyone that can’t see what’s going on here is blind and shouldn’t be allowed to invest. Many ways to skin a cat, one way or another SOU shareholders will have nothing in the end after Morocco ripped them to bits and bond holders call time here. Watch this space. Graham doing what he does, what JP did, slowly turn temperature up on the pot meaning vast majority can’t see again they’re on a one way train to fk-ville.

Thank goodness management options aren’t awarded on the basis of actual delivery and actual shareholder returns! Hallelujah!!

Haha, sundance/jobs etc, you're so stupid. i post based on fact. take my post this morning for example. i stated the sp had been permanently hammered by the terrible dilution from the last round of funding. it's a simple mathematical fact. someone who got a D or E in their GCSE can work that out and prove to themselves that's a fact. after i posted that none of you morons have chosen to focus on the company or challenge that, ironically all you've done is fill space and time with personal jibes etc and non-debate about the company, supposedly everything you don't like. are you completely thick? check your emails before you send them ffs.

Another lala joker post SB.

Anyway. The latest new Zeus and revised SPA broker notes on SOU lay bare the brutal impact primarily of the last funding round put in place. In a short number of months since the original 4.6p SPA target the impact of the delays on Phase1, the delays on Phase2 and especially, if you do the maths, the impact of the convertable loans, with the full term interest payments due WAP around conversion dates has been utterly brutal on dilution. It's collapsed net ownership and therefore upside on this stock now. The irony is, they are now pumping the stock more in JP style wildcat well prospect manner, having trash talked that for years, as they know that's the only way to get any juice out of the sp. In a world of crypto and AI stocks and plenty of dull, boring yet safe alternatives, who the fk would put money in here? Answers on a postcard please, but any mention of trains and i'll shred it.

Jeez, 3700 posts on a stock you have 1m shares in worth 10k! and you have the front to question why I'm 'wasting my time' i'm posting! wow.

interesting comment from someone who's been invested (****ed their money up the wall) here from 50-60p all the way down to 0.6p by your own admission! perhaps look in the mirror before you try and throw around unsubtantiate ****e in the future. bit of self-awareness might not go amiss your end. (although to be fair to you, despite the mathematical impossibility of it (outside of a worm hole....i'll have to ask brian cox about that....) you're still at or close to being in profit.....mind blown, self denial.

KTF isn't "So positive, but a waiting game." just SOU all over? And isn't that actually THE issue. It's all jam tomorrow if if if etc. You know it, I know it, everyone does or should know it! Time = dilution = sp = money etc etc. And that's the rub. If everything goes to plan on time with no delays and 2 successful wells and Phase 1&2 revenue the sp will likely be higher at some point. There's a lot of ifs there and SOU hasn't got a good history of converting ifs to reality.

Haha…oh that old chestnut Tincan, haha. Sounds a little stretched to me. Why would they do that? They’ve just gone through a detailed DD process, taken over the largest % of the key SOU asset, you don’t think that permutation might have come up during the negotiations perhaps? (Laughing uncontrollably emoji)

The market seems really revved up about what they’re spouting.

I think you’ll find Graham has already emptied his sack all over investors over the last few years SB. He’s spent. No credibility, no detail, no firm timelines, no revenue, no cash flow, no trust. Other than that he’s doing a fantastic job imho.

Wow you’ve downgraded your expectations SB. Tea lady been feeding you a different story recently? Look back at your posts and try as hard as you can to not feel unbelievably embarrassed.

De risk not deride

I would suggest the mere signing of any deal doesn’t deride anything. SOU is so impacted by timing and the criticality of positive cash flow from gas revenues, and so bad at managing those timelines, and now/soon to have no ability to impact these timelines, they’ll be no sp increase unless and until this company, probably in 2028-29 has a positive strong cash flow position and debt being paid off. Between now and then the sp will only fall further and SHs be watered down, imho.

Problem is with trust, once it’s lost it’s nigh on impossible to regain. And that has been this company’s problem since JPs days. No less so now either given the non commital nonsense timeline guidance from GL. How low are expectations for tomorrow? That the agm will happen this time? That GL will attend? Not in their wildest dreams did they expect the sp to be 0.80p at the agm after the Managem RNS, but it will be as the mkt can see through this lot.

No it does not. It’s an interesting read though. Don’t pay too much attention to their projected phase 1 first gas date or long term cash flow forecasts unless you’ve got a strong stomach.

You remind me of a Japanese Admiral. In the face of certain death and the icy depths, you refuse to accept it and are going down with the ship regardless. Don’t believe me? Just look at the sp. It’s where it was before the managem RNS……!! Lols.

Another delusional poster bigbench. 8.5m shares traded 5% lower on the day. Another good day at the office. Smell the coffee chap!