Member Info for SoundasaPound1

Thanks for your thoughts GRH.
Regards

Hi GRH,
interesting to read your posts.
Given your knowledge and using now as a starting point where do you believe Sound Energy will now go in terms of progression as both a producer and future explorer with GL at the helm?
Or are you suggesting that its a doomed company?
Regards

........ is getting the better of me again.
FFS
What will come first:
a) a positive RNS of debt restructure + some gas production?
or
b) my retirement at 67 years old, I’m currently 51?

A great RNS today for KEFI share holders and the company. I see this SP marching on a bit more from here as the maths is digested!

Hi Trellis,
I always read your posts which I can never really disagree with in any way. Timelines and past promises have not been met, or forgotten that's for sure. Treat investing here (like all investing) is to be treated with caution I guess. I am admittedly trying to gauge the full extent of your sarcasm with only words to go on isn't always easy but I guess I am a glass half full type retainer of shares here despite the past management and promises. IMO - The asset(s) still holds significantly more value than 3p to me and this means an investment opportunity for newcomers. It sadly doesn't and probably wont ever re-coup losses for some though and I am mindful and respectful of that too.

Bring on those long overdue and new RNS's...…..
A year will make such a huge difference here (for those long term holders that don't die of boredom prior that is).

Indeep,
You have described huge parallels with my own scenario regarding averaging down and exit prices. My holding is far larger than I ever really intended for at the start so I am hoping to trigger a relatively early exit strategy here. I do really think that there is more scope way beyond your 8.5p exit. Regardless I think it will come good here and I am renewed with confidence in the management........ a slow burn upwards in SP over forthcoming months would be better for long term investor confidence In my view.
Good luck with your holding and to all other investors here.

Sit tight and don’t worry Indeep.
IMO - fortune favours the very very patient (not brave - in this case) IMO Good news Is coming here and will be with the long suffering Sound shareholders soon. There we go, I’ve decided to stick my head on the chopping board...

Thanks Tincan, appreciated :)

Does anyone have any ideas when the Q&A video with Graham and Mohammed will be released, I thought it was due now?

ps’s maths seems to make a lot of sense at 8.5p current value. There must be upside on top of this though as that’s based on the 23.3% sound stake. Any deal which provides a better ownership stake changes this for the better and potentially woukd up the share value.
Once LNG production has been agreed then this with the scope of the further exploration potential here must make this a far more attractive share to many. I suspect Sound may then also attract a buyer for the asset. IMO - interesting and exciting times ahead for those who wait.

Far more positive times now. Another good RNS which takes Sound in the right direction for now becoming a major player in producing and exploring for gas in Morocco. Much more confidence here now which is likely to show in the share price over the forthcoming months. On top of this, a successful outcome/conclusion following the recent HOT will mean a significant re-rate of this share IMO. Just what long term holders need and amazing news for recent investors here.

Yep - I take that as a good sign and think that we may only be a couple of weeks away from the GSA being agreed. That will be interesting to see how much confidence in the SP Is gained when it does?!

Looks like this SP will now hold 3.5 - 4p to me.
Possibility of another increase after the Q&A is released early July......if people like what they hear.
Another very significant Increase will be seen if the HOT is agreed and signed before end of exclusivity period in December. So much scope here already with the discovered gas. Come on GL ...... take us to being a gas producer then we can go discovering more after that with sensible (non JP type) plays.

I wonder where this will settle prior to the Q&A session next week. Based on this morning - Its looking and sounding very promising from another potential re-rate from here as per Zak's views. The maths based on the already discovered gas has already been posted for all to see. Its looking like a good bet from here.

If the current HOT come to fruition then it’s a serious re-rate for me. Prior to end of 2020 IMO this could increase from 2p to 8p

I totally agree Bigbench. With confirmation of the restructuring/financing then we should see 4p all day long. Confidence was completely lost with this share but today’s RNS this should start the process for that returning some of that. It confirms that GL’s actions (not JP words) are speaking a lot louder than anything else.

The market now waking up to see that this is currently hugely undervalued. Be useful to see the maths behind the potential revenue in this particular HOT deal for Sound? Any mathematicians out there?

It’ll still be crazy cheap if it only increases 100% today (to 2.6p). Seems crazy it’s only that with the existing commercial and all that potential discovery gas

There we go. Finally some good news!!!
This is great...... I have more confidence in Graham actually making all this happen than I ever had in JP.
As we know, huge scope with this share from here and that’s just with the already discovered gas.