Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
ISA allowance is 20k, they are 2x 98k. Going by the price at time of trade they look like buys, I hope so.
And here comes the sea of blue again, its a bit risky selling these right now to buy back cheaper later. Slow steady solid gains.
I am loving these regular progress updates.
Hasiba. 2p is not a high premium, its a gift. The only way they are anywhere near this price is parsons running us out of money but that's another story. I remember topping up at 7p and then again at 4p thinking I had got a bargain. Properly filled my boots at around a penny though.
SOUMAN. This is going to be the year everything comes together for sound. Graham and the team know exactly what needs to be done to transform the company and its falling into place nicely. Don't wish another year away hoping for news, its inevitable.
Nice steady tick up, 2p gone again. I shouldn't imagine 3p will be too far away, certainly with a sniff of good news.
Still steaming ahead, the tanks should be started very soon.
https://twitter.com/soundenergyplc/status/1622857777788907521?t=x-ng8mNS8vduiNgFiAnbnQ&s=19
From RNS 23 may 17, final te8 results and revised estimates.
TE-8 was drilled some 359 metres into the Paleozoic and identified the full series of Westphalian sandstones (between 2,762 metres through to 3,120 metres), which are one of the producing horizons in neighbouring Algeria. The sandstones are confirmed to lie in a separate pressure regime to the overlying TAGI play in a large tilted fault block beneath the TE-5 horst and the Lakbir High. Gas shows were encountered over this interval and subsequent petrophysical analysis suggests that these sandstones may be permeable and likely to be producible with mechanical stimulation. Further wells targeting the Paleozoic on the Tendrara permit are being planned, but are not likely to be drilled prior to the completion of reprocessing of existing 3D seismic, which is currently underway.
BB, It will happen soon enough going by the now regular progress updates, the risk with these is miniscule compared the last few years. The share price now presents excellent value without the worry we have all been through. From now going forward let's all just enjoy the ride!
This has to be finished early for once, can't see it taking a full year to put the top on and start producing. Most of it will be prefabricated for assembly. There is a massive sense of urgency now, which is somewhat refreshing.
Tanfinch, once we start producing we cease to have a finite amount of cash, and over time multiple wells can be drilled. If we are lucky relatively early on with exploration we could have a few TCF in the bag. In this scenario 50p ~ £1 will easily be realised and the sour taste will be gone for everyone. Once this ball starts rolling we will have the funds to go after the 32 TCF.
Still motoring ahead which is good to see, this will be the year everything falls back into place, and not before time.
Share buy volume has still got the wind in its sails, wonder why the mms have pushed the price down this morning?
What a good update, looks like exploration is just around the corner. The team have been very very busy.
We're on the last lap to production so they should move higher and stabilise hopefully. There is potentially a lot of good news due in the coming months so the worst should be over now, it's been like a not very funny game of snakes and ladders over the past few years.
https://twitter.com/soundenergyplc/status/1615630122098253824?t=dj-WxiPuTF4wAwRsTIBKqg&s=19
They're not messing about, for just once could this be finished ahead of schedule? . Fingers crossed ;^)
https://twitter.com/soundenergyplc/status/1615279549041999874?t=KpAggN7yr3pnnprNLu8WLA&s=19
https://twitter.com/soundenergyplc/status/1605466606196359168?t=V-E6VaTGMH_Dv98I_XfDRA&s=19