Member Info for Not2sure

Unfortunately every time we have a fsc the market starts dipping except this time morale is so low and confidence has gone..sods law we will get a bid next week lol

Thanks oneplustwo

Further to my question earlier on if you had a chance to put to face would the board consider us with 3 failed wells and seismic called into question a distressed seller because it feels like that after 1 failure..more worrying is the data but ultimately if it is for the big boys why do we not hedge our bets and placate most pics rather than go all out for the glory..or are we in the boards opinion more than under pinned at circa 50p with what we have got..Sorry for rambling but at.work on mobile..cheers

here today came as no surprise and unless there is a seismic change in the strategy that we the small pi know about it could be much the same for 2019..I have always looked upon mining companies as long term investments but I did under estimate the number of projects that IRR would be getting involved in..inevitably everything is going to take longer and cost more..having said that it would appear that raising funds is never going to be an issue but for us to see that re rate I do believe at least one of our projects has to become the front runner and probably lithium will be the candidate..I do take comfort from the substantial investment from VM..always a good sign

I should say significant money in..VM subs costing 320k Australian

Thank you

With my negative hat on I do not like it when board members talk of rerates and then couple of months down the road raise more money when they know those facts..having said that VM is putting money in and they may well be re rated in time

That is a joke right ATG ?

I am out today and would not mind hearing the response to..James if Sound had 2 more dusters on TE 10 and 11 and you were one of the watching companies that has been mentioned and were interested in taking a position in Morocco would you be prepared to pay as much as 50p per share for Sound in a takeover

Have to say despite being knocked back a little for saying so I always thought the price was forever stagnant as the market was anticipating the need for more funds sooner rather than later

It certainly has been a bad day Crude and given the way my portfolio has performed maybe I should of given you all the heads up is was going to end up like this but please do not pay any attention to the childish banter aimed towards you..very unwarranted

we were only comparing as that was what BM did I believe

TD ..Too Depressing

I tend to agree Fell and TE 10 would appear to be fundamentally flawed if there is a comparison with 9..I think everyone would benefit with word from JP and BM before continuing

ahead and with a very negative hat on if TE 10 were to be a duster which of course is a real possibility after todays news would you as ceo be considering raising any funds as a prudent measure as we all know negotiating in anything from a position of weakness is never going to go well ? Can I just say am not putting this out to irk or annoy but just interested to know what peeps thoughts are

someone maybe stocking up but would have to buy a few more lots of 5000 to get a holdings rns of 3%..that is about 30 million shares I believe

I here what you say and from a personal point of view am not as risk averse as some..would of been happy to have been sold on seismics and let someone else have the risk..having said that am still here but if there were still a half chance of getting somewhere between 50p and a £1 now rather than go through all this again I would bite your hand off for it..as said this am cannot quite bridge the gap on the mis interpretation of data

In JPs defense I would like to think the delay in announcing the GSA was his planning for a TE 9 duster backstop and if it turns up in the next week then that on balance would of been the prudent thing to do

news I am not sure what to think anymore ..the misinterpretation of the seismic to me is the biggest worry and the thought of waiting for the results of the next drill fills me with dread..but if there are others watching events closely who believed Morocco and Tendrara in particular had the possibility of producing vast quantities of hydrocarbons would now be an opportunistic moment to try and grab a bit

No unfortunately it appears the big boys have long gone