RE: Going Long15 Sep 2019 18:55
Thanks for your reply Crude. When you spoke with JP the other day and he said to you that we are marketing eastern Morocco. He made no mention of us potentially trying to sell the whole company, yet at previous Sound events, he has linked the two when referencing the LE. Based on his reply to you, it seems to me that nobody is interested in anything other than our Eastern Morocco asset, which means that there will undoubtedly be some sort of raise / dilution if we do get a buyer of our Eastern Morocco asset as the almost 30 million dollar debt is sat within the Sidi part of the business. As you know, the sale of our 'assets' can be vetoed by the MG. If they don't approve of any offer put to us for Eastern Morocco, then where do you see Sound Energy in 18 months time? Answers on a back of a postcard please.