RE: Peshwari Naan17 Feb 2026 10:12
Aaaaaaaaaaaah @balancedviewer like clockwork, you spout the ol' paid boiler room and multiple username conspiracies. As you are the only one who spouts this nonsense, though it makes any difference here, you could argue that you're self projecting.
Here again are the questions that ps200306 put to you which you comically avoided. Lets have your Johnny-come-lately answers which consulting a chat agent (I will know when you have plagiarised). I'm sure you can find some legroom considering your 6,622post count....
BV: "I personally think that the consolidation is to give SOU far more financial independence for future debt restructuring / borrowing for producing asset expansion. The debt restructuring ratio is one of the main priorities Andy has already mentioned, so i guess this is the purpose imo."
"Debt restructuring ratio" isn't a thing. The first time you used the term I put it down to a typo. Seems you actually think it's a real concept. In any case, the share consolidation has nothing to do with existing debt.
How does the consolidation facilitate any borrowing? It's being done exactly because SOU *can't* borrow -- nobody will lend to them. Reducing the nominal share value below the share price allows them to issue new equity which they are currently not allowed to do. They are telling you as plain as day that they are going to dilute existing shareholders. What's not clear is how much they intend to raise and for what purpose.
Is it because nobody will give them the bridging finance they sought, which case they might only seek maybe Β£1m for a likely 10% dilution? Or is it to cover more expansive plans such as solar projects (seeing as the hydrogen partnership is an utterly worthless boondoggle)? Even assuming 90% debt financing is available for solar, a paltry 20MW scheme at, say, $1/W of CAPEX would require SOU to find $2m. I presume Gaia won't be coming up with half of that, given they are an even more worthless company than GeTech. I presume you've done your research and know that they've been going since 2008 with no sign of a successful partnership to date, and the CEO is a loon whose side hustle is spiritual therapy sessions with gong music?
SOU's only mission should be to preserve shareholder value through to Phase 2 implementation. The last thing we need is a new CEO with delusions of grandeur. But I expect that's what we've got. You should probably be thankful you only have a pittance of a shareholding.
BV: "yes i have done my research about Gaia Energy who have multiple large projects with multiple partners over the years."
Great. Give us the names of a few of the completed solar deployments in Morocco that Gaia has been involved in?
BV: "SOU only need 50% of the cost in the Solar project, so once the first is up and running the income from solar sales will self fund the rest ... I think you need to do the research thinking the Solar is only a 20 mw project, when it's going to ramp up to 270mw."