Member Info for pduk

Pinocchio

Corcel is Portuguese and means, "Stallion". Maybe a nod to Parsons past working for Shell in South America. Awful waste of money as some have pointed out. A poor attempt at masking over the current managements chequered past and destruction.

Extra conspiracy theory - Maybe keeptofacts had them removed as we all know he doesn't like talking or seeing concerns, the past or realities on a free BB. Only joking keeptofacts as we know you're, "oooooooooooooooohhhhhhh sooooo busy for all that!" ;-)

Have lovely day all.

From reading the boards for quite a few years now, it would appear that the whole thread (if generally of no value add) is removed rather than the individual message.

More than likely removed due to the Sirius CEO article and prompting others to contact papers to make them aware of James Parsons & SOU.

Sarah Dees (nice lady) is on the Facebook group but you never hear a peep out of her. Indeed, out of the 1700+ members, no one has made any comment or posted in regards to the last few RNS releases. Maybe a sign that people have resigned to the fact that things are not going to get better?

Respectfully, if you didn't know those basics mechanics of trading and had to ask, you really shouldn't be here ramping.

CassiopeiaLtd... You was James Parson's old personal assistant at Sound Energy Ltd. You failed to mention that!

Apologies trellis35 but I was merely asking for you to reiterate the names of the Italian, Chinese and British parties as you said you had already done so here. I am truly not being vindictive or malicious in my post.

Appreciate your confirmation of where Lyon stated that no dilution would happen. Disappointing that he has gone back on his word soo early on in his tenure.

Agreed CrystalBallBroke. Shockingly poor show from the BoD by only subscribing to just over 3million of the possible 129million . Doesn't show any confidence at all.

Still unsure as to whether Lyon did state that no dilution was coming.

Are you saying that Marco is deliberately not listening to credible offers? To what end? Trellis why can't you share the names of the Chinese or Italian individuals again for the people who missed it?

I have to say Sharetrader123, at least Trellis35 hits the near term issues head on. You merely appear to circumnavigate them when providing commentary. SOU NEED 50million as per Lyon's comments to get to first gas.

Do people agree that Lyon DID make those comments about no further dilution?

I am fearful as most (not all) as to the future of Sound Energy Ltd, Trellis35. However, I don't agree that Lyon stated that dilution would not happen. That would need to be announced via RNS. Can you kindly provide support of this claim?

In addition, who is this Italian family that we should all be aware of?

I hope you're well, daveyboy71. You can guarantee, as demonstrated by the previous failed JV, that that percentage will dwindle to the 23% (or less) on the quest to first gas. SOU are in a weak financial position (20million bond, the interest and no income) to negotiate and IF we are to believe in the acreage (even though the past BoD did a runner from it and us) then a third party will want a significant slice of it. After all this is business and not charity.

To get into the double digits SOU will need a new discovery and belief to drive it there. Thus far the drill bit has proven the 'experts' wrong and as Eric has pointed out you will need deep, deep pockets to turn that around.

Please continue to be, Rosey. In fact maybe I/we should start referring to you as Rosie? :-)

You've still failed to address , as Trellis has outlined, how SOU will repay and service the 20million bond March 2021? First Gas is not expected until December 2021. The 3 raises outlined will take the company to March 2021 (when the aforementioned 20milion needs to be raised). What then? Thus far no one has done SOU any favours or given them an easy ride.

Your talk of double figures is extraordinary especially when the broker note states 7-8pence. SOU has never met any of these evaluations. I don't believe we even have an external CPR of resources? Can someone remind me? You again conveniently forget the 36%.

I appreciate you're a 'sharetrader(123)' and looking for a quick in and out but many here are wise to the hype/stories. Take the weekend to mull it over.

I'm unsure why anyone would be soo uncharitable as to stifle peoples opposing views on a free BB. Positive or negative, it doesn't make a shred of difference. A great deal of people have (stupidly) invested heavily in James Parsons words. Now that he has done a runner, this board maybe is the only outlet they have to vent. Just because you was soo wise or invested an insignificant amount in comparison to be still soo positive, doesn't mean you can lord it over others. Man-up or filter!

This is to you Sharetrader123, if things are soo rosey here, why are we diluting 31.9% of the shares in issue all the way up to March 2021 - the time when the bond (20million) is required to be paid? As per Trellis comments, how does the 6million gross service the 50million, stated by Lyon, that is required to get to first gas? What about the interest payments? Sou PI are continuously being told that the SOU acreage is the best thing since sliced bread. However, the drill bit says otherwise and the talk is cheap from the various 'interested' parties over the past 2 years.

Lets us be clear, what Lyon has set out to do is a big, big ask and from a position of financial weakness. The victims/losers will be the PI. Not Schlum. Not OGIF nor Morocco as the asset will revert back to them as well as the data/analysis which the PI paid for.

You don't need to quarantine or social distance on video conference, Sharetrader123.

Eric is absolutely right. Same Porkies different BoD. I'm assuming everyone remembers the old guards story of drilling delays due to a missing part? Or indeed that there was going to be 3 drills in the campaign.

Apologies, Ericnat17, the share dilution is actually higher - 31.9% of the current share base. Absolutely shocking!!!!

Going to take a leaf out of of Keepttofacts who is a poster here and go take a long walk.

GLA

Probably something to do with 18% dilution of shares in issue coming on the 5th August, Gassy. Tie that in with the 20million bond which is due to be paid back. Very little to be excited about. As you can appreciate, talk is cheap and we have heard it all before.

It was actually a restaurant but a Bedouin tent does apply the sense of authenticity. :-)

He wrote one sentence. Probably too busy being part of James Parsons AST PR machine or doesn't feel obliged to expand now that he is not being wined and dined in Morocco amongst a bevy of belly dancers on the PI dime.

I very much doubt anyone will be seeing James Parsons or have the same access to him again. He will now be very much arms length.

Brian lives 5 minutes from me here in Esher.

~OGIF will not be happy with the dilution.~ you make that statement as though OGIF dipped their hand in their pocket to acquire them. Their holding was a jurisdictional freebie which the the ever suffering PI paved the way for. Schlums have done very well out of this too.