Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
When this interview filters through the market fear of missing out will kick in. Tomorrow should be a very good day and we should be sitting at no less than 5pps right now.
And it's a thank you from me ducati, great stuff.
Ps has historically been wrong on everything he said up until I blocked him, when he sold out years ago we would be bankrupt in months, the bondholders will agree to nothing and Marco etc will take over the company, the LNG plant will never get funding and will never go ahead, blah blah blah, We will always fall at every hurdle. What if the Moroccan government or someone else who are desperate for gas, approached all the exploration companies in Morocco with very favourable terms to accelerate exploration.
Judging by the comments PS is at it again, selling millions of shares a couple of years ago, that he bought in the 80s for around 1.1pps apart from a token amount must be a bitter pill to swallow though.
In the next few weeks/months the share price will reflect this. An exploration RNS and we are away, with the last 2 years becoming only a terrible memory.
Yes Bigbench, some very big buys gone through as unknown also, going by the trade price at the time. Was going to buy some more if the price fell back a bit, but my boots are full and I'm happy either way.
Medar. Will be, sdx will carry out the drilling of 13 Wells, predator plans to drill 3 Wells, sound energy will drill 5 Wells.
Thanks ducati, it looks as though Graham has a few aces up his sleeve.
I think graham's point with the tax is that sound energy have not as yet produced any gas or received any income, so no tax is owed and we even have a 10 year tax holiday.
Even here in the UK the inland revenue issue non owed tax demands all the time hoping to melt people down like thieving vultures.
Onwards and upwards, should be a very blue day.
8 April 2022
Sound Energy plc
("Sound Energy" or the "Company")
Announcement Regarding the Possible Offer for Angus Energy Plc
Further to its announcement on 18 January 2022 in relation to a possible all-share offer for the entire issued and to be issued share capital of Angus Energy Plc ("Angus"), Sound Energy confirms it does not intend to make an offer under Rule 2.7 of the City Code on Takeovers and Mergers (the "Code") to acquire Angus.
Following Sound Energy's customary and well-established due diligence review process and after careful consideration, the Company has concluded that it will not pursue an acquisition of Angus as originally contemplated and outlined in its announcement of 18 January 2022.
We would like to thank the Angus management team for their time and consideration of this potential transaction.
The Company will maintain a disciplined framework while continuing to evaluate a range of compelling strategic opportunities.
Sound remains firmly focused on delivering the phased development of its Tendrara Concession in Morocco, having issued the Notice to Proceed for the Phase 1 micro LNG project per its announcement on 16 February 2022 and continues to progress the Phase 2 pipeline project per its announcement on 14 March 2022.
This is a statement to which Rule 2.8 of the Code applies.
For the purposes of Note 2 to Rule 2.8 of the Code, Sound Energy reserves the right to make or participate in an offer or possible offer for Angus (and/or take any other action which would otherwise be restricted under Rule 2.8 of the Code) within 6 months of the date of this announcement:
i.) with the agreement of the board of directors of Angus;
ii.) following the announcement of a firm intention to make an offer for Angus by or on behalf of a third party;
iii.) following the announcement by Angus of a proposal for a "whitewash" (as referred to in Note 1 of the Notes on Dispensations from Rule 9 of the Code) or for a reverse takeover (as defined in the Code); or
iv.) where the Panel on Takeovers and Mergers has determined that there has been a material change of circumstances.
The Company also confirms that with effect from the date of this announcement, G.P. (Jersey) Limited has been released from its obligations under the irrevocable undertaking that it entered into on 16 January 2022 in favour of the Company in relation to the shares that it held in Angus.
The Company further
BigBench, I have been in these 10 years this summer, the next 2 will show us what exactly is down there and I'm sure we will all be pleasantly surprised.
Looks like buyers are benefiting from the drop now, thanks to the sellers. Every cloud and all that.
Thanks StMary, didn't see that I was just looking on phone. Its all going very positive though.
Well that's a nice £40,000 worth bought at the end :~)
I thought it looked like they were, with the 2.43s mixed in. It sometimes happens when the buy/sell spread gets close.
Bigbench, could be poking 3p in the eye by the end of today if this keeps up.
Big bench. How's that for you, was a long time coming but still far too cheap.
That's not ramping, these are worth 7p of anybodies money as they stand.
Viable, yes we have a massive acreage around the size of Belgium, with many possible multi tcf plays.
www.soundenergyplc.com