Member Info for Sharetrader123

Pd stop using a rubbish article to support your misery. The reporting is extremely lazy and does not even mention about all the permissions signed off for our pipeline. The reporter clearly has not taken the time to do some proper researching but if it suits your agenda of misery then who am I to object but it’s rather desperate.

M Cap rising nicely to over 31m.

Gregory yes non binding at present but the board were confident of getting this agreement signed off.

Gregory don’t forget that Sound has already signed a HOT in June this year with a take or pay contract with a guaranteed min and max price. Just to refresh your memory:
HOT - LNG Gas Sales Agreement

Under the HOT, the parties have agreed to use their reasonable endeavours to negotiate and enter into a gas sales agreement (the "Proposed GSA") pursuant to which Sound Energy Morocco East Limited, on behalf of the Concession joint venture partners, will commit, over a period of 10 years from first gas from the Concession, to produce, process, liquefy and sell to the Partner an annual contractual quantity of 100 million standard cubic metres of gas (approximately 4 billion standard cubic feet of gas per year) from the Phase 1 Development, and the Partner will commit to an annual minimum "Take or Pay" quantity of 90 million standard cubic meters of gas, priced within a range of $7 to $9 per mmBTU with an indexed formula using a combination of the European Title Transfer Facility and United States Henry Hub benchmark indexes.

Degsy I’ve heard a lot of holders predicting prices over a pound in future but surely a company of this size and assets has a ceiling even though the prospects look very good?

I know a few posters on here own GGP shares. Simple question at 22p today are they still a good buy?

Yes Degsy despite no more news the share price is holding up nicely so it’s onwards and upwards from here on in especially if we are furnished with the expected positive RNS releases.

Tymers I was just wondering if all the ducks lined up for this share then how much potential it had. I’m not expecting it to race to this point but maybe over say a 3 year period or beyond. Obviously every share has a ceiling price and I wondered how much it could be for OMI if they had the rub of the green.

Does anyone think this share can get this high or above in the next 2 years?

Watergate, chasing lost causes never mind how noble is not going to do anything to improve the SP and neither is spitting misery. Having faith in the only thing that can improve our situation i.e Graham and the board can only be a good thing and should be encouraged. Wallowing in self pity chasing lost causes is draining to all especially having to read the depressing drivel on a daily basis. So wallow in self pity and misery all you want but I will not be joining that party thank you.

Still plenty of huffing and puffing still going on but meanwhile we might even get some positive news soon regarding the tax and possible deals. No doubt the huffing and puffing will still persist but the progress will be the same as ever.

Utility, and there’s me thinking how apt the story was.

Looking to the future, how do some of the long term holders see the SP at the end of this year and into next year?

Any predictions on where this might end up at the end of the year or in a years time?

mymy the SP isn’t going to do very much for a little while and will be up some days as well as down. We are in a barren period for a while which was predicted but we were promised that there would be deals done and a final investment decision by the end of the year. We may have a reasonable idea of how things are going when the next Q and A is announced any time soon as the questions have now been submitted. The share price drifting up and down a little right now is somewhat irrelevant but will be greatly shaped in the future by which direction the board choose to take and we should know this before the year end.

PS yes it’s possible to pick any SP from the past 6 months and claim it’s up or down. Let’s be honest most of us are down by quite a margin but like many hope Graham and the board can get some deals done and add some value.

Utility I’m just glad it’s up as I’m sure if it was 12% down then speculation would be rife. Just seems a large jump with no news on the horizon.

What is causing this?

18 % spread showing on here, surely can’t be correct?

Yezzee hardly mindless optimism and based on some of the options that the board are looking at which have been well publicised. On the other hand you could choose to believe blind pessimism every time the share price goes down based on nothing but pure misery ridden speculation.