Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Obviously, but the share price is going nowhere until they do, so they should put us in the picture at a live meet up or what is the point of it.
We need some clarity on the bank financing deal today, a date for when they are meeting for signatures or if it has fallen through and who else is lined up to take their place, we have to be told.
Here we go...
I don't think he would be so looking forward to it if he didn't have something good to Share.
Https://twitter.com/soundenergyplc/status/1668136210965954561?t=ZhShUpSr00sQdkRvAcEJpQ&s=19
If the company went bust it would make more than 1.7pps, for the license, acreage and gas in place and potential.
Not impossible, But Only if they go after the 32 TCF, and find it.
Looks like the meeting next Tuesday will be good for the ones who can attend. I wouldn't be surprised if contracts will be signed with Attijariwafa bank on Friday or Monday ready for the face to face meeting which will be transformational.
2p is holding with some good buys going in, with sound being historically a leaky ship, probably on the Moroccan side, I just wonder.....
An offer of this magnitude could require several days for accountants lawyers etc to scrutinise before acceptance or declination, until that point there has been nothing new as it had already been in an rns and was expected.
The lack of an RNS suggests to me that an offer has been put forward by attijariwafa bank within the exclusivity period, to be scrutinised by sound before they meet up for signatures.
Wound, I think so as well, this deal getting signed is the last hurdle to everything falling into place.
If the deal was going to be put back again, or fall through it would be well known to the B.o.D and announced before now. I can't see the exclusivity period being extended, so it's looking good to me like an interesting couple of days. An RNS could land at close if its been signed off.
Tincan, probably just because of uncertainty/delay over the loan, we will know soon enough as exclusivity runs out next week, so it will be put up or shut up.
For all we know they could be in meeting as we speak.
Keep, that's where my slightly negative comments were from at the last delay, it cannot be much longer, surely. It is frustrating but I'm sure will be worth the wait. Like Graham said the tax matter being sorted has freed up staff, and resources to work on all fronts that matter to progress, and I'm sure they are.
If it is I'm sure they will regret it before too long, the current price is irrelevant to me as I am holding all of mine until further exploration, can't see it sticking around 2p for much longer though.
Dixie. Let them who cares. Very very foolish if you ask me.
With the tax problem favourably sorted out, the bank funding deal imminent and first gas around 8 months away these would be a gift at 4p with very little risk and massive upside, and that's before the new exploration starts.
Fri, 5th May 2023 07:00
RNS Number : 4934Y
Sound Energy PLC
05 May 2023
5 May 2023
Sound Energy plc
("Sound Energy" or the "Company")
Move to SETS Trading Platform
Sound Energy, the transition energy company, announces that it will transition trading of the Company's shares on AIM from the London Stock Exchange's SETSqx (Stock Exchange Electronic Trading Service: Quotes and Crosses) trading platform to its SETS (Stock Exchange Trading System) platform, effective 9 May 2023.
The move is intended to provide investors with access to the entire SETS system, providing liquidity via traditional order book trades, as well as from two-way quotes from market makers.