Joe, it is when it looks like we will get another shot at drilling for the 32 tcf with a competent CEO. All being well.
Keeptofacts. As a wise man once said, "The stockmarket is a device for transferring money from the impatient to the patient". We have a prime example right there in ps2.
This will be pretty much agreed already, the bondholders will not have found out about this through an RNS, and it will be what they were asking for. Their meeting will be more about crossing the t,s and dotting the i,s. Stability is the key factor and we are getting it.
Ps2. The thing is you know deep down that you have made a bad mistake selling these, now holding only a paltry amount that are not worth selling. You are now trying to appease your conscience that you have made the right decision, wanting these to go bust to prove yourself right.
However, sadly for you your clear desperation and wishful thinking will not change the outcome.
If things go right they will be 8p by July in my opinion.
*lawrence
Laurence. Ps2 is not very balanced over on PVR either, he's ramping the life out of them. Wonder why?
Ps2. It just seems strange that someone who does extensive research and in your own words bought 500,000 shares at 90p, 1,000,000 shares at 10p plus numerous other amounts is now persistently telling investors that these are not worth around 1.6p. You know what massive potential we still have or wouldn't have paid that money expecting them to go up from 90p, the Sound 2021 Q1 presentation slide 6 shows this clearly on the website. Yes we all now know what parsons was and he's gone thank god, and if he was still incharge we would be finished. If Graham can get the deal done on the lng plant and keep the lights on to first gas and income, which I'm sure he can, within 2 or 3 years we could be back drilling and at 60p +.
Tableleg. Yes it's almost as if he's trying to buy his shares back, but at the price he sold them at or lower. Can't blame him for that though, it was a bad time to sell.
Ps, but he has found it on Morocco World news that contracts are signed to proceed with the lng plant for sound energy.
Great find koozer, much appreciated. Thanks
Ps2. Instead of worrying about everyone who is still a sound shareholder on here, you should be worrying about the millions of shares you sold a week ago at around 1.2p, or are you?
Yesterday's sound group news sheet was too detailed to not carry some weight, Graham was pushed and had to respond to it accordingly. It seems like one of the parties involved jumped the gun a bit, it hasn't been signed yet but could it be getting signed this afternoon? RNS at close or Monday morning ? We will soon know.
Ps. Why would it not worry you? You must treat the stock market like brewsters millions.
Soundreason. I think he's just worried, I know I would be if I had just sold all my shares at these prices, just prior to news that could easily see us at 5p plus.
Having watched Graham lyon interviews again a few days ago, he seems confident he will get us back on our feet. It was never going to happen overnight with the mess he had to sort out, Also unlike parsons he has a good reputation to keep and has worked on LNG plants before. We will find out soon enough Davey, best of luck.
Why wouldn't it be signed? It is a big win win for all involved. I think a positive rns will be sometime next week, possibly tomorrow.
Sound Q1 presentation slide 6 shows what massive potential we have. The micro plant deal being signed should put us straight to 7p+, Graham said he has turned a lot worse than this around and knows what he is doing. Parsons ran us right into the floor and left us for dead but thanks to Graham it is far from over.
The sell at 12-55 was a buy, it was mine.
I bet the idiots password was brian1