Member Info for kylie75

Many of us said the Moroccans would get away with stealing these assets back, and guess what just happened! Theft. Plain and simple. SOU shareholders just got totally and royally (pun intended) mugged off. No upside left. Morocco has just proven totally uninvestable country.

It hasn’t though has it, read the detail!!

oh my god, what a **** deal, gl got properly bent over and shs just gave away any last remnants of the family silver, for what!? there’s nothing left! monday is gonna be ugly.

Some top notch posting there Bob. Looks like someone hit a nerve. Don’t lash out at posters on an investment board posting facts and company related chat. If you’re p155ed off, you need to contact the company. I suspect not even half the story about yesterday is known and the company has indeed if not lied, told 10% of the truth. That’s the people in charge though. Something smells very very rotten yet again with this company. Sat in a bar in Spain, you couldn’t make it up…..is that greaseball JP sat next to you by chance? What a cliche.

So you're saying SOU lied to the markets then in the RNS this morning? interesting.

Ok Smugler, but why? There's no need to stall the AGM which is a corporate admin session for a strategic update that coud be provided in 2-3 weeks time. They are mutually exclusive. I'm not buying that.

Christ, you couldn't make it up. 90% of posters on here have ZERO objectivity, none at all. "I'm long these shares and no matter what I'm here until the end.....". Each to their own and all that, but that's not really what this forum is for, it's better suited to a Facebook Page. Ask Crude et al, they set one up in the past and you can blow smoke up each other's axses as much as you like. There's zero objective debate or challenge on this site.

Anyway, back to facts - can anyone put a positive spin on the corporate debacle from the morning's RNS and the 2 min adjurned AGM a few mins ago? I love to hear that spun in a positive way! So many negative possibilities in my mind, but lets hear it......

Smugler - what relevance is that to the fact surrounding this company? None, none at all. You keep bringing it back to personalities rather than the facts here. Look at the RNS this morning for example. That's a fact. A management team that are completely incompetent at administering the most basic aspects of running a PLC. I'm sure you're trying to desperately trick yourself into not facing these facts by focussing on things that are irrelevant. The complete non-delivery of anything to benefit SHs by this management team is a sad fact.

Just talk about the company you utter bore, honestly. you're inability to do that and your 3700 posts, all wrong, merely hghlight the fact you're a clueless chancer with little idea of investing.

Ironically, that could possibly be quite positive for the sp with perhaps a competent person at the helm.

Just for the record - my 24% chance of GL resigning has now increased to 60%. I suspect a major SH will seek to not back the re-election of certain directors now, as hinted at in the RNS today. You saw it here first..... GL=JP.

The irony of them missing an AGM timeline is not lost on me or most the market I'd think. it's in this company's DNA. unfortunately some SHs will have travelled already to London I'd have thought. thinly veiled contempt at RNS'ing an pretty unprecedented on the day AGM delay so late on. I'd hazzard a guess it's not because Shell & BP are knowcking at their door offering them 50p a share to take this limping dog over. KTF - you don't need to know the detail, you just need to actually listen to what GL has said (directly on the calls or via Flagstaff) and what he hasn't said and join the dots. It's not good news I can tell you!

Listen - you seem to think this company is well run. Just look at the RNS out this morning, I need say no more. These incompetent fools are simply digging their own graves in my view. What a joke.

KTF, if you're actually willing and able to engage in a meaningful SOU related thread on here - you seem to see the fact CalVal are still in the picture as positive. I would argue that it's actually the exact opposite. A company that was properly prepared and had alternative options would not have entertained CalVal and it's all too obvious tactics (just listen to what GL has said about them trying to squeeze existing SHs) for over a year now. The company should have walked away. How could they entertain a long term relationship with an organisation that clearly has contempt for not only SHs here but GL himself. They've made the guy look like an utter fool for over 9 months now. Without the equity funding they bring there is no Phase 2, there is no liquidity, there is no company, without huge brutal dilution. I'd hazard a guess there are few investor questions this afternoon as part of the investor presentation. Time after time they get asked for details, questions and commitments, and their record as a management team is rock bottom. I'd suggest they've brought investor expectations here so low now that there's probablye disengagement with their JP like bs. So I agree - clearly the CalVal option is still ongoing / limping along in some form, that is obvious as they'd have to RNS immediately if it ended. But I see that as a huge negative - it's an absolutely cast iron guarantee they entered that period of exclusivity last June with NO PLAN B, and I'd suggest they probably still don't have a plan B or have only tried to cobble together a plan B in the last few months, from a position of (even more) extreme weakness. This board is rammed full of pretty green investors I feel. It doesn't take Warren Buffett to join these dots.....

Big not big day for SOU tomorrow. Another year of management getting overpaid for under delivering, another year of missed targets, missed deadlines, no revenue, no delivery. Chances of certain news tomorrow;

1. GL resigns and leaves a post-it on the desk saying “there’s no money left” 24%

2. Calval signature 0.5%

3. Further slippage to Phase 1 gas to after July 2025 50%

4. Further slippage to imaginary Phase 2 bank funding and FID 90%

5. More excuses 100%

6. Frustration 100%

7. Same old bs 100%

And as if by magic, another late reported large sell. All adds up to me. I’m sure that someone on here will spin all this as positive though! :-) Remember, GL=JP. You heard it here over a year ago!

The sp and depth of offers in OB are just like you’d see if a background placing being worked. Perhaps there will be an RNS pre Agm but not the one most would want?

Why don’t you post about the company or nothing at all KTF? Is it that difficult?

I should add, offer size and depth materially changed. I’d say placement on the way. You’ve been fkd by GL and his JP like bs I’m afraid.

As usual KTF, zero actual substance to your post just lashing out and abusive. Anyway, your record speaks for itself in terms of your ability to understand this company and sp.