Member Info for mikebassetts

*news*!

saying that is not making much difference.. bit of new wouldn't go amiss..

so long as we can get out of loss positions,i will be very happy....

Sound Energy/Coro I joined Echo and Coro on their river cruise yesterday evening in which during a very detailed and no doubting, glamourous presentation by pretty much the entire management team. CEO James Parsons discussed the company�s strategy including the recently announced drilling programme in Eastern Morocco. Exploration Director Brian Mitchenor explained the targets and repeatedly brought up the magic 31 TCF number to bear in mind. Recently appointed CFO, JJ Traynor was introduced and spoke as he gets his feet under the table at Sound. Also speaking was Sara Edmonson who is going to be the CEO of Coro which will be the company that will put together the Italian assets of Sound, Saffron and Po Valley. It is clear that although these assets are quite substantial there is going to be room for expansion, probably across Europe and this may be the start of another exciting E&P company. As I said, the entire team of management and senior executives were aboard to chat to the 375 investors who were also there, indeed it was good to chat, albeit briefly, with Marco Fumagalli who�s Continental Investment Partners are cornerstone investors in Sound and Greenberry plc who perform the same function at Echo, possibly Coro as well?

http://www.sharepickers.com/ mm @18m in..

look at what happened at echo energy when these guys came on board...... The following Board appointments are intended as part of this transaction: � James Parsons, Sound Energy's Chief Executive Officer, would be appointed as a Non-Executive Chairman � Sara Edmonson, Po Valley's Chief Executive and currently a Non-Executive Director of Saffron Energy, would assume the role of Chief Executive Officer. � Fiona MacAulay, Echo Energy Plc's Chief Executive Officer would be appointed as a Non-Executive Director

have to wait and see "From day one, this transaction will transform Saffron into a materially larger funded natural gas and oil company with critical mass through an exceptional balanced portfolio of high quality assets. Larger scale gas development assets including onshore Selva and offshore Adriatic Teodorio and exploration assets including Torre del Morro, Maria Goretti, and Dalla are added to the existing gas production portfolio. This transaction pools Saffron, Po Valley and Sound Italy's natural gas fields and gas and oil exploration licences with a very a talented team of individuals at both Board and management level. The proposed addition of James Parson (CEO of Sound Energy Plc) as Chairman and Fiona MacAulay (former COO Rockhopper) to Board will greatly enhance the Company's financial and technical depth. The newly enlarged Saffron will be well equipped to quickly deliver on its growth ambitions and I am confident that they will result in significant value accretion to our Saffron shareholders."

yes quite sometime now..

if we ever get news! i guess the rise a few days ago was not indication of some imminent news?

you may be comfotable but what about the people that have been buying at far higher levels? a reasonable price for ALL shareholders should have been around the 6p mark sometime back..

some very large buys todays.. news soon?

that update seems to be taking forever...

unless the coal assets come back into play i can't see how this will return to the 1p levels.. where is the shareholder value?

that's a very good RNS..

recovering a little,the recent sell off looked a little crazy to me..

i didn't think the interview was that good.. he did say they would "surprise people". having bought a small amount just few months back , i think i understand that bit.....

still looking good.. heading towards £1.70p

order book is looking much better...

starting to creep back up.. can we return to £1.80+?

everytime it seems set to bounce the sells keep coming in.