Member Info for OnePlusTwo

Partridge and Tincan - Thank you for your interesting posts. Looking forward to TE10 results.

Absolutely

How is that obvious.
And it's totally incorrect.
I don't block any posters because I like to read everyone's views even if I don't agree with them.
Unfortunately, like some on here, your posts aren't based on just your views and certainly not necessarily reliable either!

I haven't given up.

I understand/sympathise with everyone's negative thoughts but let's keep our chins up. Yes we shouldn't be carried away with outlandish £10 per share and yes this is AIM not Blue Chip shares with the added bonus of a dividend. Why begrudge everything now when we don't have the final sums at hand? I don't think posting low expectations of final LE price does any of us any good either, even though I do understand peoples concerns.

Let TE10 do the talking first!

Predator - Edison

Predator report not worth completing/publishing until TE10 results in my opinion

I still have confidence in TE10 and JP and his team. Hindsight is a wonderful thing and maybe JP has realised that he needs to keep quiet on occasions and that this occasion is one of them. The silence, waiting, unknown can be unsettling and may be unbearable to some but I do believe that the wait will be worthwhile. I'm not expecting anything until the middle of May and if I have to wait longer then so be it. Like many I have waited a long time. I feel our wait will soon be over.

Cut and paste from Progressive Equity Research Report - 13 Dec 2018
'Finances
The company has a relatively strong balance sheet. At current exchange rates
(GBP/USD: 1.26 & GBP/EUR: 1.11) and adjusting for VAT receivable, the company
has net cash of approximately US$1.3 million. Of this, the company has cash of
US$32.7 million and VAT receivable of US$1.3 million which is offset by a bond of
EUR 28.8 million. This bond is due in 2021 and secured on Sound Energy Morocco
South. These exploration wells are expected to cost US$7 million on a dry hole basis
and up to US$9 million if testing is required. Sound’s share of this cost is 63%. This
means that there is more than sufficient financial resource to cover the future shortterm expenditure on exploration. The development of the TE-5 discovery is modest
given the BOOT agreement in place with Enagas and partners. This would mean that
Sound would not need to shoulder the burden of the building of the pipeline and central
processing facilities. However, we believe that the company will be able to secure
additional financing once this development moves forward.'

ddboy - Sounds lovely and well worth the hard work. I don't think you can beat bifolding doors onto the patio. Enjoy.

Lets try that again!

https://www.youtube.com/watch?v=NxQ65PbS_E0&feature=youtu.be

Oh and here's the link

May be time for some people to listen/re-listen to the Balls Brothers event, especially the first 6 minutes or so.

Enjoyable reading this weekend's posts and I agree, "long may it continue". I am still of the opinion that the future buyer of Sound already have their ballpark figures they are willing to pay and that they are just waiting for confirmation of TE10 results. I'm still happy to wait and don't expect to hear anything until May. I would expect the SP to bump around the present price and may drop a little lower. Most importantly of all I believe I'm going to be happy with the final outcome.

Just a little wobble today with a number of stocks in general.
Too much negative news out there.

TE10 a discovery though.

Maldini1
Absolutely, couldn't agree more!

Maldini1, Absolutely
Mutually beneficial to Morocco, Shell, the planet and last but definitely not least beneficial to all SOU shareholders.

Enjoy your day

Or - maybe just for interest

https://www.sharenet.co.za/news/Activist_group_withdraws_resolution_challenging_Shell_climate_policy/482a6e77896966bc75c45b015baf97db

I can imagine it would be very unpleasant, it's bad enough on the few occasions I've been on a beach when the wind has blown. Thank you for your valued input on this BB and all the best for the future!

Petroleumeng - I apologise for my ignorance but is it not the case that they would have been able to prepare for that likelihood, bearing in mind they are in the desert? Or is it just the case that it would prolong matters?

Copied from a weather report for Tendrara:- The windiest of all days will be Wednesday 10th April as wind will reach 29mph (or 46kmph) at around 3 pm

Maldini1 - My thoughts too. Also not surprised with the SP being where it is at the moment, nothing proven yet with TE10 and the delay doesn't help, but considering this I actually think the SP is holding up quite well. TE10 and GSA on its way and considering how long we have been waiting already, not too long to wait now.