Member Info for Sharetrader123

Kylie can't agree with the view of comparing JP to Graham.

Graham inherited a great number of obstacles that had the potential to bankrupt the company. He has diligently steered SOU past these obstacles to the point that first gas is imminent. Considering the amount of ducks he has managed to align to be in this position is nothing short of remarkable and to now slate him because he has not delivered everything to your expected timescale is not fair. Yes there have been milestones missed or timescales drifting but ultimately Graham will end up delivering proper future shareholder value and most of all stability. Comparing all this to JPs tenure is an insult to Graham's achievements.

One positive is that first gas is only a few months away.

https://www.moroccoworldnews.com/2023/05/355323/sound-energy-to-start-delivery-of-liquefied-natural-gas-in-2024

My average is 3p, the same as it was a good while ago. I decided not to lower my average and chase it down to these levels however I'm still confident in this eventually coming good and if so then It will surpass my average so happy days.

Chickenlegs I'm more concerned about some of the major parts of the agreement such as the 90 days being described as now being meaningless. If we can't trust the partners to abide what has already been agreed then how can we trust them with what's being negotiated now.

Zapsnap I totally agree regarding Bhargav. He has attended AGMs, posed questions for webinars, spoken with Brad and has written to him on numerous occasions plus being a long term holder. He is as informed as anyone on this forum and is entitled to be frustrated.

Rob in response to your post I'm throwing this out there. Does anyone think that our Anza partners are stretching out these negotiations purposely?
On its own and on the face of it, this does not seem unusual but when you couple it to the constant missed deadlines and the complete lack of information being given to Brad then we all know the SP has little chance of recovery the longer this persists. Is it the hope from our partners that the closer we get to the year end without any real news then the closer we are to having to do a raise not only to support our interest at Anza but our other projects also.
As I've seen before, a low mcap with no news flow and having to contemplate raising extra funding not only causes dilution keeping the SP low but also puts off institutional investors and makes borrowing money a whole lot more expensive whilst these issues feed on themselves.
There appears to be significant advantage for our partners to keep us at this position to possibly affect our ability to gain some yet to surface advantage in phase 3.
I'm not a conspiracy theorist but something is not right here and it can no longer be blamed on COVID or other convenient excuses .

Ageos, Royal Road are not just concentrating all of their efforts in Columbia. They are also going for Saudi Arabia also.
https://www.royalroadminerals.com/news/royal-road-enters-into-strategic-alliance-and-non-binding-letter-of-intent-with-msb-holdings-ltd-for-mineral-exploration-in-the-kingdom-of-saudi-arabia

Ages perhaps you should send this to Brad

It takes seconds to post a tweet. Would have been nice to have had a brief daily update of the conference but either not much happened or they could not be bothered.

Yes Dr the twitter account is a wasted opportunity

I suspect negotiations have been going on well before the ending of the last phase and longer than we have been made aware of. Although it is totally frustrating for us shareholders as deadlines have been missed and phase 2 is on hold, we must not forget that the asset must be quite substantial and worthy of the amount of the deep scrutiny that we are currently seeing. Although they won't release details of their squabbles, I suspect the biggest part of the problem is that our partners have not been sharing the whole picture with Brad regarding the data as Brad himself has alluded to this very frustration recently. I'm thinking that the asset is a lot bigger than they first thought as I've seen no desire of the partners threatening to walk away at any time and why would they if it's a potential tier 1 prospect. Also the fact they are discussing issues that may play out in phase three tells us all we need to know regarding the future longevity of our partnership. How long all this takes to transform our share price is another matter but I'm confident it's only a matter of time.

Nookie I think you are getting mixed up with OMI (Owens and Minor Inc)
Our OMI is not traded on NYSE .

https://seekingalpha.com/article/4567163-why-3000-gold-is-possible-in-2023

https://seekingalpha.com/article/4567163-why-3000-gold-is-possible-in-2023

https://www.bloomberg.com/news/articles/2022-12-09/saxo-s-outrageous-prediction-gold-will-top-3-000-in-2023

We must look further forward here. Once phase 2 is completed and hopefully terms agreed for phase 3 then our mcap will be unrecognisable. If the gold price peaks around this time also then we could be looking very pretty indeed. The fact that the negotiations are being scrutinized by both sides so carefully is a sure sign there is an asset worth all the due diligence being applied at present.

Considering the lengthy negotiations, we can be reasonably sure that what we have here is worthy of the fuss that the partners are making of it. The world's largest miners do not commit to months of negotiations for a mediocre asset. The problem for us investors short term is we won't have an inkling about the magnitude untill after everything is all signed off which could take months but I'm confident once the market catches on we will be flying.

Hi Jackbal you can totally trust the word of the posters who state they have correspondence from him.

Jackbal as a few posters have mentioned, Brad has just replied to a few of us including myself so he is not totally ignoring our emails.

Chicken, there is much speculation but what is certain is that no institutions are investing in OMI until the agreement is fully signed off.