Member Info for Sharetrader123

Ps still as bitter as ever but you can wallow in your self made misery as much as you like. Your attempts to infest this board with your brand of negativity is looking more ridiculous with each hurdle that Graham and the board overcome. Things are looking a whole lot better now than they were a few weeks ago and we are now beginning to attract some large buys which has not been seen for some time. In fact things are beginning to look so positive I’ll stick my neck out and predict that I will break even in the next six months and will see a profit by the end of the year.

Utility it’s not so much about insults towards ps but pointing out that nobody can predict with any accuracy the current financial position of sound. There are so many unknowns at present which are likely to change as we continue on the journey to first gas that printing paragraphs of figures that have been now superseded by the fast paced changing nature of our journey do not hold much water. Don’t feel sorry for ps as he/ she alone with a few others have constantly attacked any poster on here that has suggested a hint of positivity. It now looks likely that we have a real chance of getting the gas out of the ground and although we may not make the huge sums first envisaged, let’s not forget that there will be a fair number of us who will not only have a chance of getting our money back but have a chance of seeing a profit. It’s now time to get behind Graham and the board and give them some credit for rescuing the situation many thought was impossible a few weeks ago.

PS can’t help but type miserable paragraph after paragraph thinking that quantity wins over quality and I’m sure he tries to convince himself he is shrewder than the rest of us but he’s not fooling anyone and it’s more a case of being all fur coat and no nickers. Cue the 10 paragraph response, yawn!

PS you spout some facts mixed with much speculation and are kidding no one. You mention the company debt but like the rest of us are clueless as to what that currently is. We do not know the tax situation or the outcome of what will be finally agreed with the bond holders. We are unaware of so many factors that it’s pointless trying to pretend otherwise. Keep trying to score points against other posters in a bid to claim the title of the boards supreme being but we all know that your past narcissistic predictions of the company’s demise have turned out to be false which leaves you no choice but to climb aboard the bus heading for the positivity highway. I see glimpses of this as you slowly appear to be changing your tune even though it’s through gritted teeth whilst still kicking and screaming.

Ericnat I’m not suggesting ps is wrong . What I’m saying is that none of us really know. So much has changed from the original plan to get to first gas then it’s almost impossible to predict an accurate value especially now as we still have a few issues to resolve. What I am pretty certain of is that getting to first gas is not just a priority but a first base of some safety and stability. I’m not making any predictions on how long this will take or how much the company will be valued at that point as it would be highly speculative. It’s my gut feeling that the share price will show a modest increase north from where we currently sit but we won’t really be able to predict too much until we get to the position of first gas which hopefully Graham and the board are working towards.

Ps more figures provided but again speculative. I’m not saying some of them may very well be correct but you do not have the insider information that would allow them to be up to date and correct. It’s all semantics at present and we are on a journey to get to first gas which will allow us to reach a point of stability and then look at the next chapter of how we are looking and what direction we take. Like I said earlier you do not know any more than anyone else’s so stop trying to prove otherwise.

Wrong sundance, ps does not make any more valid points than anyone else and his opinions like ours are speculation at best. None of us know what the board are currently progressing other than being informed via RNS. What we have observed however is Graham and the board working hard behind the scenes trying to deliver a path to first gas under trying circumstances. Graham has performed well since taking up his position and I think we can all agree he is more trustworthy than the previous CEO. I think it is still more likely we get to first gas than not and remain confident the SP will increase as a result. How long this will take and by how much is anyone’s guess but anyone claiming they know more than anyone else are either liars or deluded.

PS with all due respect any value any of us put out is pure speculation. I now believe more than ever that we will get to first gas. How much equity we might have to trade or how much we need to borrow or make partnering deals is anyone’s guess. The SP however will rise as we overcome the obstacles to first gas and I have every faith Graham and the board will get us there.

Ps I don’t have to give a value and can’t and neither can you or anyone else. There are a few posters who throw out figures that they think explain everything. If you and others need to know if there is still value from where we are now then I would say yes there is. The fact that a company is prepared to spend millions building an LNG plant is a clear indication that there is confidence in Sou getting to first gas and that’s good enough for me. How long it will take or how much the SP will recover in the next few years is anyone’s guess but I’m confident the SP will almost certainly be north of where we are now so there is value in this share for sure. I’m not only confident of reaching my break even price of 3p but think it will rise a bit further but I’m quite prepared to stay in to see out the journey.

Kasjnaton thanks for the investment lesson and aimlessly pointing out what the Sou SP has done over the last few months which everyone is fully aware of . I’m not interested in your advice on plugging other shares so feel free to pursue them yourself. I happen to think that there is value to be had here and I am prepared to stay invested not only till I reach my break even point but beyond till at least first gas.

Well said Lawrence. We all know the culprits of negativity and if they have recently sold up are feeling pretty silly right now. Hats off to the believers in Graham and the board.

Good point Tin-can. I doubt that anyone would contemplate spending millions on an LNG plant without doing due diligence and having faith that SOU would be still around to operate it. This is another positive sign that we will be there at first gas.

Ps best you bail out then. Perhaps the dark clouds of despair might start to lift once you and pd clear off. It’s almost if you can’t bear the fact that all the ducks are aligning as Graham had promised. A few posters fully realise that there is still a fair wait until we get to first gas but there is now a realistic path whereby investors can get some, all or more of their investment back which is not only fantastic but testament to the skill and determination of Graham and the board. So “in Graham we trust” has never been so apt as it is today

Up over12 percent and looking good again today so one can imagine it will go up a fair bit further once the bond holders are sorted out.

Pd hardly jonnny come lately as I’ve held since June 2020. I’m glad that there were a few on here that have kept the faith and I know who you are so hats off to you. I’m sure there will be a few doubters who will now jump on the positivity bandwagon but I’m sure that will be forgotten when we reach the promised land.

PD I can remember yourself stating that SOU was definitely finished and reinforcing this view by arguing against anyone who suggested it could be saved. It now appears that it will not only be saved but should get to the safety of first gas and start earning cash even though this will not be in the immediate future. I can also remember yourself and a few others mocking my mantra of “in Graham we trust” and doubting his abilities. It’s nice to know that those who had faith and stuck in here look like they will be rewarded and some will regain some of the losses and others with a low average of will make a nice profit in the future. Your constant negativity has done nothing to positively contribute during the dark days we have endured.

This is all looking very positive. This is backed up with large bids beginning to show up and is something that hasn’t been seen for some time. The shareprice is building nicely and I’m more confident than ever that we will get to first gas and the stability this will give us. Best of all is that the prime doomsayers PS and PD will no longer be able to poison this board with their constant negativity.

PS and PD have been in a downward spiral of depression for sometime now. They continually wallow in anything negative so therefore have no objectivity. Even now when things are looking more positive than ever, they still cannot see that we actually have a great opportunity to get to first gas and realise our potential even if it’s not going to happen in the immediate future.

Sotolo we dont need stunning results to reach 40p at all as we have been north of this on speculaion alone. A few reasonable results and an upturn in the gold market would be more than enough.

As I have constantly reminded posters in the past "in Graham we trust"