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That is a very positive post i-man, and very timely considering the less than boutyant mood on here lately.

Thanks and well done.

What are you trying to calculate or value?

I am a Conspiracy Theorist :)

This board has been absolutely ruined by Kylie's/PS/Fiction's nonsense.

Rubbish from a completely twisted individual who has multiple identities on this board and who has 'good cop, bad cop' rants with himself. Completely irrational nonsense which is impossible to fathom for the sane amongst us.

Sound Energy PLC - AIM-listed transition energy company - Says Morocco's L'Office National des Hydrocarbures et des Mines agrees 18-month extension to the initial period of the Anoual exploration permits to July 8. Subject to Ministerial approval, the length of the Anoual initial period will now be 6 years and 10 months, commencing on or about September 8 2017 and ending on or about July 7 2024.

When ONHYM approves a permit or variation to a permit, such as the extension that Sound has successfully negociated this past few days, they undertake a rigorous vetting procedure to ensure that the business acquiring the permit is viable.

In ONHYM's own words, ' Such petroleum company must evidence its technical and financial capabilities to carry out the exploration works agreed with ONHYM and undertake to fulfil a minimum work program with a corresponding financial commitment'.

As I said yesterday, I take some reassurance in the ONHYM approval because of this vetting process. A rigorous and searching inquiry into the technical and financial capabilities to undertake the necessary exploration works over the next 5 years.

Surely shareholders are encouraged by that and for me it answers quite a few questions about the financial and cash position of Sound. Take heart and try to relax while we wait for the Calvalley news.

In my opinion, this RNS is very reassuring news while we wait for news about the Calvalley deal.

Reassuring because ONHYM only grant licenses/permits to viable enterprises after they have conducted their due diligence processes. Rest assured that ONHYM have done this work on Sound recently and I suspect spoken to Calvalley and the Attijariwafa bank. Only then do they allow variations on permits.

This is good news.

Roll on this evening and lets see what positivity we can get from Graham.

More good news from Sound while we wait for the long overdue Calvalley announcement.

Lets hope that it is soon

Very reassuring progress on site.

Where is the rig to install the production tubing on TE-6? Wasn't it meant to arrive on site a few weeks ago?

In short, nothing has changed, no bad news, no surprises and therefore no change in stance for me.

I am still positive, still waiting and hoping that progress will be made soon and there is something positive to announce.

Meanwhile it is reassuring to know that the company is adequately funded and that there is no immediate prospect of any required equity raise

That was a good solid week for Sound Energy shareholders.

Positive sentiment created by the anticipated good news RNS has translated into a significant increase in share trading volume. Trades have been mostly buys and as a result the share price hardened throughout the week, ending above the penny. Good news!

I tend to agree.

Today's trading volume at just over 25M shares, was 7 to 10 times the normal volume.

This must signal something is imminent, an RNS or at least a Company statement on the activity.

This adds a bit of spice to tomorrow morning :)

:)

What makes you come to that conclusion?

The MM's have narrowed the spread over the last couple of days and the Bid price remains solid.

This situation has suggested before that the MM's need shares to fullfill orders, but there are few available and few sales.

Expect this trend to continue with small upward movements in the Bid until it liberates a few shares from the weak holders.

I found the presentation to be very reassuring.

The presentation and Q and A session hasn't changed anything for me.

I was a committed investor before the presentation and, by design, nothing new was announced, so I am still a committed shareholder now. Just reassured that the business is progressing and objectives will be met soon.

It is not becoming 'obvious', but I suspect that you may be close to the truth by saying that the deal will be changed in some way. The deal and its conditions precedent were set a long time ago now in industry terms and I should imagine that changes have been made to get the deal over the line. I don't believe that these changes would mean that the deal is scrapped and Sound need another plan, but that the deal has changed. I agree with you that certain factors have moved over time against Sound, such as the Nigerian gas situation, but also factors have moved in Sound's favour too, like the gas price staying high. Certainly, Morocco's hunger (or is it thirst) for gas has only increased during that time and the ONEE should be more keen to get the deal done.

This board has been absolutely ruined by Kylie's/PS's nonsense.

Rubbish from a completely twisted individual who has multiple identities on this board and who has 'good cop, bad cop' rants with himself. Completely irrational nonsense which is impossible to fathom for the sane amongst us.

This board has been absolutely ruined by Kylie's/PS's nonsense.

Rubbish from a completely twisted individual who has multiple identities on this board and who has 'good cop, bad cop' rants with himself. Completely irrational nonsense which is impossible to fathom for the sane amongst us.

Are PS and Kylie the same person, just posting under a different name?

The negative rhetoric seems very similar and persistent.

If so, why would anyone bother to do that?

Very strange behaviour. Personality Disorder or mental health issue, I wonder?

Graham has indeed 'gone overboard' at times to 'gild the lilly' of Sound Energy. On occasions he has 'gone over the top' and sometimes 'crossed the line' in his enthusiasm for Sound Energy's prospects.

However, even though Graham has 'laid it on thick', I do not think that he has 'over-stepped the boundary'.

Can anyone think of any more useless idioms or synonyms that might apply?