Member Info for partridge

Q3 2018 6% institutional investors
Q3 2018 (updated) 8.7%
Q4 2018 8.7%
Q1 2019 8.7%
Q2 2019 12.3%
Q3 2019 14.3%
Based on records the fund raise in July 2018 wasn't seen in investor updates until Sept. 2018. These things always lag.

Soundingoff, on page 17 of the 2018 annual report under "commercial relationships" it states Schlumberger have converted the synthetic interest in the horst to a participating interest( in the production concession).

Mr n4aPound, the comparison used in your last post is probably the most shameful I have read a bulletin board. To be so despicable and thoughtless makes one wonder how low you will stoop to denigrate Sound. And why? 7.28am, so no drink involved. Just bile. See a doctor.

I do get over excited. And I am a little bit stupid. And I do struggle with simple arithmatic. And your generosity is legendary. Could you tell me what the current cash position of the company is? If somebody asked me that question in June I would have referred to the Q2 update. That is not possible now. Why is that? It is the information the company does not want you to know that is important. The company informed everyone what the stimulated gas flow at Te10 was. They did not say what the unstimulated gas flow was. Why is that? I admire your unquestioning loyalty. But I do not think you are stupid because of it. Perhaps uninformed like many of us.

Separate the assets from the cash position. I think the Te5 horst is a valuable asset. What is the cash position? Why has it been removed from the Q3 update?

The Q3 update contained all the news you need from Sound for the next six months. The absence of any reference to " cash and cash equivalents" sends a definitive message. Not a message to frighten potential bidders for the Eastern Morocco portfolio. The cash position is so poor that a $3 million raise was necessary to ensure Sound is a going concern for the next 6 months. Mr JJ was coy in the recent interview with Malcy when asked about the cash position. He referred to the last market update, $14.4 million on the 14th May. But in truth the last market update of any consequence was the RNS for the cash raise. A lack of funds and the need for job cuts. A signal to any bidder. The company is on its belly. Whether it turns over and goes belly up, is up for grabs. Do you trust the management not to be positioning themselves financially, for the end, with the cash that is left? Thomas Cook is a good example of shareholders being the least of concerns of management when a company is in trouble. Exciting times.

I am sorry Gas. I don't t know what came over me. You are correct of course. I am often described as bitter and snivelling. Please forgive me. I suppose there was some jealousy mixed in there as well.

Mr n4aPound, what steps have you taken to get rid of the CEO?

Never seen the film. Can't be a documentary because a cuckoo doesn't have a nest.

Do you mean God?

Same people who think you get messages from Mr Parsons, Zigster.

"Fact remains" have you any evidence of paid rampers? I suppose it is as glib as mentioning paid derampers with hidden agendas. I think it would be better to say people who are still in love with the company and people who are not. Like lovers scorned. Hugs and kisses from me despite the smell

The updates are getting shorter and shorter. No longer do we get the current drilling campaign timeline. Much missed. Now the capital structure page in the appendix has been disappeared. And with it the cash and cash equivalents information. Mr Parsons just changing a few lines. It would be useful information for shareholders in a period when a "keeping the lights on " cash raising was RNS'd. No need to worry our pretty little heads. Utter contempt for shareholders. I fear the next quarterly update may feature only the two page disclaimer. Exciting times.

I bought these puppies at 7p yesterday morning and sold at 11p and the remainder on the way down at 10.5p. Don't hold now. Put the profits in a low interest bond and bought some blue chips. Still intend to post because you people want to know what I think.

I do think predictions can be changed as information and results of well drills etc are published. My prediction went through the roof when Mr Michener said he, and his world class team were seeing paleozoic targets five times the size of the enormous (31tcf) tagi targets. Now he, and his world class team, are be ing kept in for extra detention on reduced pay.

02/07/2019 7.98 8.00 7.65 7.80 2,175,622
01/07/2019 7.92 7.94 7.32 7.83 1,495,050
27/06/2019 7.71 8.00 7.70 7.95 2,938,552
26/06/2019 7.70 8.20 7.40 7.60 3,236,693
25/06/2019 8.25 8.67 7.60 7.70 5,202,766
24/06/2019 8.88 8.97 7.50 8.00 8,557,598
21/06/2019 8.50 9.15 8.50 8.72 3,671,788
20/06/2019 9.26 9.27 8.74 8.80 4,368,560
19/06/2019 9.59 9.69 9.26 9.26 1,978,039
18/06/2019 10.20 10.80 9.33 9.52 10,481,367
17/06/2019 10.58 10.88 10.23 10.60 1,136,988
14/06/2019 12.18 12.18 10.32 10.40 645,758
13/06/2019 10.20 10.86 10.10 10.10 1,046,937
12/06/2019 10.72 10.85 10.20 10.20 1,536,380
11/06/2019 11.88 12.15 10.50 10.50 3,071,470
10/06/2019 11.48 11.98 11.18 11.58 1,985,093
07/06/2019 10.40 11.40 10.16 11.10 4,621,424
06/06/2019 10.40 10.42 9.81 10.24 3,045,219
05/06/2019 10.06 10.54 10.06 10.40 1,649,633
04/06/2019 10.48 10.90 10.00 10.06 6,566,491
03/06/2019 10.98 11.22 10.20 10.40 3,347,197
31/05/2019 11.24 11.89 10.66 11.00 3,980,906
30/05/2019 11.90 11.92 11.24 11.40 3,664,167
29/05/2019 12.44 12.44 11.80 11.96 4,671,017
28/05/2019 10.90 12.56 10.32 11.92 17,528,694
24/05/2019 10.72 10.88 10.30 10.36 5,288,852
23/05/2019 11.60 12.48 10.28 10.52 9,104,377
22/05/2019 11.70 12.78 10.74 11.20 18,574,573
21/05/2019 18.30 18.30 8.79 10.70 22,462,626
20/05/2019 18.20 18.64 17.28 17.28 947,012

From live charts

I bought these babies at 5p and sold when they reached 102p and some on the way down at 60p. Most of my dosh is in safe funds and blue chips. I don't hold these. I am an altruistic millionaire just enjoying myself in this backwater.

Let's be realistic about what Mr Parsons is trying to sell. Algeria produced 130 billion cubic metres of gas in 2018 and exported 90 billion cubic metres of gas. The horst contains 650 billion cubic feet of gas or 18 billion cubic metres in total. That is the scale of the Eastern Morocco portfolio.

http://www.xinhuanet.com/english/2019-06/25/c_138170277.htm

Gaspunter. You don't appear to realise you are part of the fun on here. You're a brilliant investor and you never miss a chance to remind people you bought at 5p and sold at the top. How many times have you written that? And why? Sadly you don't realise people are ridiculing the picture you paint of yourself. You've sensibly invested in funds and have the riches of Croesus yet cannot amuse yourself more than posting on this board. Every time you appear you only reveal your sadness. Good luck though, you are a breath of fresh air.

" explore the monetisation options available to the Company in respect of its Eastern Moroccan portfolio".

" explore options for early monetisation".

" the Company continues to explore the marketing of its Eastern Morocco portfolio ".

I must apologise. I was going off the above. The first two quotes were from the RNS you identified and the latter was from the RNS dated 18th June 2019.