RE: Presentation7 Oct 2024 10:08
Agreed we will believe it when we see it with the forthcoming key milestones/news updates.
That said,
I did re-watch the presentation again this morning and to me it seemed that Graham and Garry were in a far more confident place about the business as a whole, the future, and these key near term milestones being achieved for;
* Drilling - now as a potential 4 drill programme being hatched with Managem, starting
in 2025.
* Completion of the CP's for the binding Managem deal (within the next 8-10 weeks)
* FID being taken for Phase 2 - summer 2025
IF!! these are achieved this will surely underpin the business at 2-2.5p
Whether the SP will align remains to be seen, but I think with the potential upside on M5 and a drilling programme formally announced then we could see far more investor interest in this share.
We'll see, but personally I am feeling the most upbeat I have in years now with Sound Energy.
Who knows, but being a long term investor I am obviously hindered with a higher average, but it now feels possible that I may break even, or potentially even make a small profit long term!! :) Who's of thought that a while back??
GLA investors here