focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Hi Tableleg, indeed many did. But as I pointed out previously why do we need them?
Having worked for many over the years there is now only 1 benefit of II's and that is to allow individuals the choice of when they exit and at what price rather than from pence to LE price. Beyond that there is no benefit at all.
This is not like we need them to lobby the company on income distribution or year to year board decisions.
This is all about here today gone tomorrow with hopefully a bumper price inbetween.
The more suitors the better from here for me.
21st January please.
Also
The rallying call and the FSC were so reassuring this a great company with great leadership and team. I look forward to the next 6 months and the results of each stage.
Time for delivery of dreams in the desert for all the stakeholders
So with the exception of the possibility of an END tomorrow morning I think we are at a very important point in the entire journey.
I think that the tweet and RNS yesterday and today respectively are simply a precursor for us to hold our nerves.
As I said earlier I am nervous and excited, optimistic and pessimistic in equal measure.
This can only be good in my mind. I don't know anyone that would say rig up by the way we're bankrupt or are being kicked out of the country.
Keep the faith.
JP is in Morocco so expecting lots of news. I am nervous and excited! Don't know whether to derisk a little, invest a little more or right!!
JPrules I feel your pain but also think we are very close to the conclusion.
Shame I can't make the FSC tomorrow and wish all those going to Morocco a very safe and successful trip.
All the best. SC
Very funny MK but only ever true on 31st December each year as everyone will have had their birthday ;-)
Thanks to all posting excellent information on here recently. We are getting very much closer to LE.
Hi Trellis,
Although I can see your point regarding JP being more open about his future ventures a I also think that he would have to submit such disclosures to relevant authorities.
I think many view points here are purely formed by the share price.
We would all like this to be a pound or 2 now but there are many reasons it isn't.
All this peripheral interpretation of things that don't affect our share price or company just another way to mentally beat ourselves up a little more.
I agree that it would be absolutely folly for JP not to prepare for his on going ambitions.
He hasn't told us when he joined the school boards of his kids schools or when he has booked to go on holiday. My point is he does have a private life away from Sound. It is his professional life at Sound that is important and I think he is doing a great job for us all hence me still being invested.
Big news just round the corner I feel.
Good luck all.
I agree that this is unlikely to move the share price but think it has greater significance than we may fully know. This says to me that lots of documents are in front of lots of parties with lots of discussions going on around them both with authorities and out of the data room.
So many moving parts that we don't even know about.
FR75, I partially agree and feel your frustration. I do have an alternative perspective though, as always!! We know we as PI's will not be party to all news. The tweets I see as being very subtle hints that something bigger is afoot. Share price does not over concern the BOD it's sale price that matters. Do Sound care if II' s are on board beyond current partners? II' s will only push the starting price of negotiations up at this point IMHO. I feel we are at the beginning of the end. I don't believe all I am told but also think that external elements out of Sounds control are all moving in our favour. GLA SC
What a very sensible post. Beats most of the posts today by a very long way. Love the discussions about where we live. There are great and not so great things about everywhere but we should all be proud of where we come from. Looking forward to some great news soon. Quality takes time. It is always the result and not the journey that is key. Sound have said recently that news is not aimed at us PI's. This could mean 1 of 2 things. We are either having the wool pulled over our eye's as well as Schlum, ONHYM, OGIF and all other partner's or we are on to a very good thing indeed. Enjoy your weekends.
Morning wasp, I don't think it could be that detailed and agreed without telling shareholders and market in general. I would expect though that many parties will have had informal chats stating that if ABC happens then xyz could/would be offered. That is why they did 3 extra lines of seismic to be certain as a form of crosscheck. This is all in my opinion obviously. Have a great weekend all. SC