Member Info for kylie75

Just step back for a moment and think about this. these morons running SOU have destroyed within nearly 40% of SH value by raising just 1.8m potential cash. i honestly think they must have worked really quite hard indeed in order to snuffle out such a terrible deal. fair play to them. what is completely clear is the complete contempt with which they and the BoD hold you guys as shareholders. full respect for anyone still backing them and their strategy, you need a straight jacket and then a strong drink.

It has always baffled me why this company doesn't raise via a backstopped rights issue. I am sure they could raise far far cheaper via their existing SH base rather than continually getting Royally Rogered by wide boy lenders. BTW - I 100% guarantee you that the 'Investment Bank' that offered the loan facility isn't a JP Morgan, BoA or Barclays. It will be a Clive's Lending Club from Basildon type set up. Another example of what a bunch of lying rogues run the company. Haha...

Tanfinch - the 37.5% is really just the Moron Discount the market is demanding for lending to this bunch of completely incompetent tools running this company. Surprised how well sp is holding up to be honest. Thought more would take what they can and move on. This is only going one way. The 1.8m total raise really is just about all this company is ever about, paying salaries. No noticeable progress is ever made, and now its all about how long until the next whining cap in hand RNS saying there are more delays that are "nothing to do with me Guv" and more dilution needed.

BV - you are an completely under-researched tool. Your quote from earlier.

"Bingo. You obviously know nothing about SOU, we have a fixed gas price so the spot price makes no difference at this stage."

You are aware that nearly 50% of the potential LNG volumes have no customer yet? They have no sales price, so as the gas price rises the potential forward revenue stream and value increases. You really are thick as pig shyte.

BV, you are honestly so dumb. Initial funding for solar in real speak = our salaries & bonuses. Helium permits....haha, you're more deluded than even Adam. Classic case of rowing back on your position, all of a sudden after months or more of giving abuse Adam is more concerned with World peace and for BV his SOU investment isn't really that important after all.....anyone remember KTF? He followed same playbook and then snowflaked into non-existence. People here never learn.

A few critical points.

1. The loan. The bank has the right if SOU chooses to default on repayment on 31.12.25 to convert to shares. It's yet another convertible loan. This could lead to another massive wave of further dilution late in the year. This impacts management not a drop. They are barely invested here, no skin in the game, just gorging on salaries and packages that bare no resemblance to SH value add.

2. This contempt for SH is nothing new here. Just look at history. It's standard practice for this company and standard playbook stuff if you have looked into the history of this new CEO.

3. Absolutely zero mention of Phase 2. Its the only important thing or saving project for this company. The complete lack of any mention of it should be scaring the shyte out of SH imho.

4. I don't think even Zeus will update there outlook for now. There is so much uncertainty and slippage, they must be mortified at being made to look utter fools by this company.

A double or triple shafting.

they consolidate the shares 10:1 in order to provide more leverage in any loan negotiations. then they get utterly bxxt fkd on a loan and to add insult to injury raise 5% more via dilution at a 37% discount. BV / Adam, you should hang your heads in shame. I won't hang on for any sign of humility or apology for all the carp skeptics here have continually endured from you two. An utter disgrace.

Sadly SH here have endured some dark days in this share, this is right up there with the worst though imho

37% placing discount

5% dilution

More delays blamed on anyone but themselves

More pie in the sky solar distraction

More months of exec team salary and bonus

Annualised interest rate on the loan of over 80%

What a bunch of useless tools running this company…lol

It’s worse than even I thought. Anyone seen this script before?!!

Yes Adam, the only problem is, anyone with any knowledge or experience here (sorry Johnny Come Lately BV, that excludes you on both scores), SOU and John Argent himself has been pedaling that bs line on Sidi Moktar for about 12-15yrs. They have as a company and personally lost all credibility. Ever heard of the story about boy that cried wolf?

As usual BV out with zero but personal attacks. Says it all. An AIM SH (unresearched punter) who has fkd up again....

I'll preface this post by stating in my opinion what is going on in the Middle East right now and for decades at a human level by a xenophobic war mongering nation is an absolutely tragedy, and ultimately a forever lasting damnation and stain upon global institutions that many of us grew up falsely thinking were able to in any way prevent such aggression and situations.

That being said, global gas prices and the forward outlook for natgas / LNG supply has rarely looked more fabvourable for producers of gas and those that own gas in the ground owing to the ME war raging right now. The management team here seem completely unable to score in front of an open goal. Zero market interest, zero statements, zero cash flow, zero revenue, zero SH value created. SOU have other assets, Sidi Moktar (anyone remember that old chestnut) that supposedly is a great opportunity for exploration - close to market, favourable geology etc, you'd think an opportune time to get that project dusted off and a farm-out deal agreed. But no.....I mean honestly, if they can't leverage the situation now, when can they? This company is led by hangers-on, John Argent still in a job objectively doing f-all 10yrs after the last well was drilled. Graham, gorging on SH cash and I suspect looking out of his window day dreaming about how to spend the 700k is was completely unjustifiably paid (living on benefits) last year (by the way - in terms of CEO payout vs sp performance, SH value added, profit, mcap - any metric you like, you will see he is being paid 10-100x more than the most famous and high performing CEOs in the world....how is that possible other than due to a corrupt BoD and remuneration committee?).

I am looking ahead to Graham not only missing the open goal, but no doubt metaphorically tripping and breaking his leg at the same time. No wonder the market is clearly applying, and has for many years applied, such a large Moron discount (reflecting the clear belief, and clearly based on past experience here, this management team are completely ill-equipped / out of their depth to deliver or execute on strategy or generate SH return) to this share.

Pass the spliff and the daisy chain headband Adam. I’m watching and waiting. Unfortunately for you all published data and long experience here says that Graham is going to screw you investors yet again, one way or another! Mark my words.

Adam, as said many times before, your hopes, dreams, feelings and patience all belong on the SOU Facebook page. This is a investor (current or potential) bb. Pigs will fly before you post something factual, let alone objective on here.

Adam, you should dig deep and fund a modicum of humility. Just look at all you’ve posted over the last many many years, look at the sp, look at the company’s recorded statements, timelines and outlooks and consider if there’s a ounce of correlation between anything you’ve posted and SH value creation here. Perhaps a lot less could be a lot more in your case? If you throw 10000 darts at a dart board and one of them sticks, it doesn’t make you good at darts old chap.

Posts reported to Admin Adam for posting at the weekend, even though they were technically with BV's acceptable GMT hours of the day. Separately reported you to the Police as you must be taking some Class As given the fairy tale stuff you post.

Yap yap BV, brainless moron. Look at the sp, its 0.15p in old money above all time lows. nice....

Do you understand the most basic of basics BV? even if you can't figure this out yourself, by reading the Zeus broker reports you should be able to figure out that Phase 1 basis the current customer contracts makes ZERO impact on NPV. What really makes a difference is Phase 2. Answer - when was the last time the company updated on this? When was the first time Phase 2 was briefed? (I'll give you a clue, it was over 5yrs ago). Why has there been ZERO progress on Phase 2? What do you calculate has been the cost impact on the 120km pipeline from raw material increases since the last prior FEED study? Go on boy, get your chops into all that. Take your head out of the clouds / your ar$e and engage in the real world. I'll give you a clue - the company have not updated on Phase 2 because there's really great news story there.

Join the dots mark. Look at every investor call and presentation for the last 8 years. Look at what subsequently happened. Not one single thing has been delivered except a very delayed renegotiation of some debt and significant fund raising and dilution. That's either a result of complete and utter incompetence at management level, of which I think there is a huge amount but it isn't the main reason, or there is something else going on. That's my view old chap.

Yeah of course you did BV, did you respond to PS’s questions put to you too??!! Yap yap….

BV, are any of your 6692 posts actually of value. Do they ever actually refer the companies related to the BBs you write on? Or are you just about personal abuse? You're like a little annoying pointless yapping handbag dog, all noise and fking annoying.