Member Info for kylie75

Blink - what a fecking moron you are "Calvalley probably still looking for a pen that works." - that's the sum of your contribution? My god.....

I was right in my statement, they sold 6.4m shares well through the bid on Friday and guess what it traded 0.1p or over 10% lower this morning and is lower right now still. So I'd suggest you're the one who posts utter carp, not me.

There clearly has not been a Plan B. that is crystal clear. if there was there's no way they would have allowed a deal that was materially supposed to be concluded within 45 days to extend to a mind blowing 365 days, with zero meaningful or honest explanation from either GL or GD. What is killing this company is TIME. Speed to market is critical in so many ways, particularly in terms of watering down existing SHs. Not only are the inherent delays continuing in terms of SOU's well established inability to actually do anything to plan or time, but now they're getting squeezed by a partner that is supposed to be supportive of them. How can these two (SOU and CalVal) ever colaborate in the future now, having seen what CalVal have tried to extract from SOU SHs and with the contempt they've shown for GL and GD (just look at the Flagstaff email responses to see that!) Where are all the gobby poorly research daydreamers like Adam now?

Cheer up Sundance, you're starting to sound like Kylie75.

remember - on the February 2024 investor webinar GL gave you a cast iron guaratee 'this is happening' in respect of the CalVal and Phase 2 strategic workstreams. So unless you think GL is just another JP bs'ing con-artist, you should have full faith in another individual to deliver something the market quite clearly thinks he won't deliver.

That’s clearly someone that knows something. It’s 1.00 bid (trading 1.02 regularly) and they sell a block 8-9p cheaper! They either know bad news is in the way Monday (most likely), or are short selling ahead of a placement funding round next week. I’ve said for over a year, GL is no different to JP. He’s not competent, he can’t deliver and he’s been bent over by Calval and stupidly had no plan B. They’re squeezing him all all SHs as they know the company has no cash. If the FCA had an ounce of authority or competence they’d investigate that late sell today. 100% someone trading on insider info

How many times can one person keep saying the same thing. Excuses, delays, excuses, delays blah blah, nothing new. Move along.

Tincan - no one's giving advice, the way i see it is this is an investment board. there's no requirement to be invested, fact. i see people as trying to engage in objective challenge and even to learn a few things. fact is it's 95% one sided as there seems near nothing any of the 'invested' ever say by way of challenge or pushback. this isn't a fluffy duffy facebook group, but perhaps that might suit a whole lot of head in the sanders here who only ever want a circular posting regime of blowing smoke up GL and SOU's backsides and each others too. personally i'm completely neutral as to whether people make money here, but it seems unbelievably weak in character of people to be unable to consider and challenge alternative fact based views. that's the problem here I'm afraid....

Well based on your posting history adam/sb/ktf/turnoff - i'm sure you all know what you're doing....cough cough. share only down 17% today, so lets see shall we?

Post something factual SB, I dare you. you're a joke. you should head to vegas, your odds are far better there.

As usual SB - your 8.42 post, nothing actually related to the company in your post, just personal. same as ktf, turnoff and nearly all the others that are overinvested and wrong here. the nature of your reply merely reinforces my view i'm right here, as you have less than nothing objective to say here other than 'hopes & dreams'.

why are you still posting btw? you clearly stated you wouldn't. what a sham of an individual you are!! tide's gone out SB and you're wearing no costume. hopes and dreams.......your next user name perhaps?

what many poeple post on this bb is complete gobshyte. rewiting the past, accepting company statements with hand fulls or buckets full of salt, and statements from company directors that are bordering on illegal i'd have thought, if not illegal then certainly enough to **** off sou's nomad. at 25 mins in to the february investor call gl answers a question (one of a number he answered in a very similar, crystal clear way) about whether the calvalley deal was going ahead or not. he replies "yes it is". how can he say that? the calvalley exclusivity period ended not 5 months ago but 9.5 months ago now, how can he make such a statement about an investor/farm out partner that very clearly, even surely to the most green of investors, has ulterior motives? when he made those statements and the sp subsequently rallied 50% from 0.65p to over 1p in the next few days, it made me extremely concerned he had crossed a line. this company has a well established track record of non-delivery, no progress, bs'ing investors, sugar coating the truth, hiding bad news in a myriad of words and statements. for example, it seems a few on here are excited by the prospect of well drilling and fid. in the february comms the company very clearly states that in respect of phase 2 fid, spudding (only) of the te4 exploration well and phase 1 first gas - they are 'hopeful' that all three will be achieved by end-2024. let's be honest, nothing this company ever does is ever to plan or on time. you can add 6 months to each of these if you're a weed smoking completely under researched optimist, or 12-18 months if you're a hard nosed, cautious and realistic investor. by this time i'm certain the calvalley deal will be long dead and buried (the company still have not be clear about which elements of the funding, equity farm out, gsa, feed recalculation etc etc are linked/dependent upon each other).....

sou is and will become synonymous with being nothing but a moroccan pi black hole.....

Good god…..well noticed! He said multiple times in February it was happening, it would happen, it was certain. Not once was he anywhere near that clear or confident this time. There’s an obvious reason why. This GL guy is no different to James Parsnips. A complete liar and snake oil salesman that’s close to being found out!! Don’t be in here when it happens…tik tok, tik tok…..

SOUNDBOY/ADAM – you’re am complete joke, how you can keep posting here is beyond me. What you posted is both extremely clear and completely contradictory at the same time! Either way, you’re clearly full of utter sh&te as you’ve admitted in the past. A dart chucker, nothing more.

On 26 April you wrote “Right girls and boys...I'm putting my reputation on the line here..Cavalley is a done deal.clues were on the last rns..if its not then I will stop posting.thats a promise...” – yet you still post??!! It clearly isn’t done in any sense, as GL made clear days after your bs post.

Then on 30th April you wrote “We have time on our side now. Personally I hope Graham tells cavalley no deal. 40% is a lot to give away. there are others interested .Once we are producing we can fund some drilling ourselves...future looking and getting better. i for one am happy with today's Rns.bring on the presentation tonight.” I mean wtf? Why would you post that if on 26th April you ‘knew’ a deal had been done. You’re nothing but a compete chancer and bs artist, now have some backbone and stop posting would you. At least fire up a new login and get around it that way, for you to keep posting is beyond cringy.

Bye bye.

Yeah that's right Bluboyz - bucket at the ready, sand at the ready, spade at the ready, head at the ready. Always a good plan to blindly ignore rationale input and only listen to the blindly ignorant and unresearched when making investment decisions. Stick your head in the sand and assume the SOU LSE BB standard pose.

One further thing that became clear finally last night - the reason for the FEED study revision delays. There's no money for this. SOU are caught in a horrible place and having got far too close to CalValley I suspect they know it. SOU have no money to pay for the FEED update, without which there's no bank funding. Without CalVal there's no bank funding. Better hope GL and GD have a back up plan for all this. having listened to a few calls, yesterdays was by far the worst i've ever heard in tone and content.

One concrete ans timely outcome of the SOU call yesterday is that SB will no longer be posting under their latest login. crystal clear from below they'll be no more posting, despite the toungue in cheek reference to their 'repeputation'. As has been the case for years, the sceptics here offering objective rationale analysis and views get drowned out by posters who time and time and time again are shown to be nothing but snowflakes when it comes to understanding how companies and business works.

The only way out of this is an RNS stating SOU have terminated the now 10.5 month long engagement with Cal Valley and are activating plan B. Won't be pretty I suspect but better than entering a long term relationship (and giving away a massive proportion of the only asset the company has) with an entity that treats you like this at the first opportunity.

The post from SB that sealed his fate;

"Adam2911

Posted in: SOU

Posts: 184

Price: 0.78

No Opinion

RE: Investor presentation26 Apr 2024 13:46

Right girls and boys...I'm putting my reputation on the line here..

Cavalley is a done deal.clues were on the last rns..if its not then I will stop posting.thats a promise..."

The relative silence on this bb speaks volumes (pardon the pun). I actually feel slightly sorry for the team having just heard the call. It’s clear that the company is, as a few of us have pointed out, getting squeezed by Cal Valley. He was clearly talking to them tonight, but if he’s going to call their bluff he needs a back up, a plan b. My view is he should walk away from Cal Valley very soon, and tell them to fk off. They’re squeezing the company and SHs and he’s walking the company to oblivion by holding out. Time is money. The longer he’s duped by them the worse it gets. I’d put all efforts into plan b immediately and ditch them. There are clearly issues with reaching and agreeing binding terms, Cal Valley are getting greedy it seems. With that so critical to all Phase 2 and any drilling, things don’t look good at all.

The one positive is they seemed to be more honest tonight, but the situation is so bad they’ve unveiled a world of pain and massive SH risk. Fair play to him for finally telling it as it is, but fk me, it looks far worse than even I thought.

Fair enough Shrek. but a valid question - you and some others seem to have a number of seemingly valid questions for GL / the mgt team. Have you actully logged / asked them ahead of the call? it's all very well wishing and hoping someone else would ask them, but the forum is there for any investor or potential investor. i'd have thought you'd have more reason than some to actually put these points to them. i think they will give politically vague and non-commital answers as usual, but i might well be proved wrong (but i doubt it). the detailed farmout / legal structure of the group and its existing contracts is already complicated enough, and i think they've leant on this in the past in order to obscure and confuse PIs rather than simply stating - and after all that this would leave x% of net profits (another contentious metric in this company) attributable to existing SHs. they don't do that as it would look too low in my view, but again, you never know they might come clean.

I’m always open and very keen to learn from the all successful investors on this board Shrek. Assume that’s a ‘no idea’ from you then!? Seems a common trait here. Lots of mouth and not so much logic, experience or objective rationale. Next…..

Ok, can someone explain where the funds for the drilling come from? the current programme only includes one re-test of a prior well to tie into the LNG. no one has farmed into a broader exploration programme yet have they? assume it's an even larger farm out % to Calvalley? is that what you're assuming? Or is there a magic money tree in SOU HQ i'm not aware of? what kind of % of the asset does that leave SHs with after ONHYM, Schlumberger & Cal Val have had their large slices? Anyone know % and how that nets back into the return per share? it's there for all to see if you've got time and ability.

Yes i appreciated it was a delayed reported sell rubber, but i'm not sure it changes the narrative?

agreed St.Mary, have been some buys but sell pressure is clearly much more aggressive than buy pressure which is often quite telling imho. time will tell. i'm just joining the dots.