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Kasjnaton "Could it be the case that if TE-10 is a duster and TE-11, with the benefit of extra data, is successful, that extra drills maybe funded by Sound dependant upon what that extra data implies?

After all if the extra data shows an additional 2 or 3 areas which have not yet been drilled/explored, and when combined with the seismic show potential reservoirs of 3 TCF recoverable each then would it not be prudent to raise funds to drill those areas?"

That would certainly get my vote, even if 10 and 11 are successful..... HAS to be a rights issue though! What's an extra 4 - 6 months after 4 years.

Crude. If your Caribbean cruise includes a stop-off in sunny Trinidad we can raise a glass to TE-10 success together!!! Enjoy.

B4 did you include about 15 additional producer wells at about $5mil. a pop over the first 6 - 7 years. Plus associated tie-in pipe lines.

Any Director buys at 14p?

And I am not one of them believe me. But this is looking like a duck, walking like a duck, and shitting like a duck sooooo must be a duck.

Has any UK based investor been in touch with the FCA about the obvious leak of info during drilling resulting in dramatic share price slide? Or do we just accept that, accept the massive losses, and move on to TE10. Where it will no doubt happen again either up or down. Asking for a friend.

Agreed. Let OGIF give us 35p now and then sink another $100 mil drilling 12 wells in the next year and the Kingdom will then surely know how many TCFs they have. Everybody wins. Right?

The fact that this has not been corrected by head office leaves me to believe it is the lower of the two figures. Also Don’t forget to add back in the 40 odd million (4p per share) we paid for “plug n play” Sidi Moktar.

Te5 horst including 6 and 7. My figures allow for another 30 producer wells over 5 years at $5 mil a pop. BM has given guidance of 15-20 BCF recoverable per well which is probably WAG (wild ass guess)!

$120 mil pipe line cost. $20 mil central process facility. $45 mil pipeline transit fee per annum for 60 mil scuffs per day. $9 x 60 mil scuffs x 365 days = $197mil gross income p.a. $5 mil per well. 30 producer wells required during first 5 years, 6 per year = $30 mil. 10% discount rate on net income. 60+p NPV so say 50-55p realistically. At $5 we are basically screwed. Which is why the GSA has not been finalised as yet. It is not in Morroco govt interest to demand a low GSA price as exploration throughout the country will stall. Of course they are also not going to give a $12 GSA for a bunch of UK punters to benefit at the Countries expense. Its a trade off and that is why the 6 month delay. My fag packet calcs show 10p per share per $1 GSA above $5. All imho of course. Today I would take 50-55p. After TE10 who knows.

At a $9 GSA my estimate, very conservatively is 50-55p. Big problems start below $5 GSA.

The market is just loving this FSC.

What part of 30% COS don’t you all understand? This is exploration driling. Same as it is all over the World. Get a grip FFS. £200+ mil has disappeared from the Mcap over the last month. Oversold you think? Probably. Onto TE10 now which is exactly as it should be. Gonna be an interesting New Years Day. Tick tock. And leave Crude alone. In the 4+ years I have been following this share, Kirk has always come across as genuine and straightforward. Why attempt to bash him when your speculative bet turned sour? Get a life.

I guess this result is proof positive of a news leak from site then.

That's very clever Crude. Chapeau. BTW I am sure I heard champagne corks popping in the Parsons household today.

Yup set for 3:59am my time. Now where is that single malt to get me through the last day before log results?

Could someone camp out near Sound’s Sevenoaks office early Monday morning and see if Sarah and James go in head held high around 7am???

Or Brian 5th July video with Malcy - my favorite.

Daz sold because JP told him that CIP had not sold any shares. Which was true but they had sold ALL their OPTIONS though and that less than candid response from JP upset him terribly. So he divested. Maybe he will come back now the share is 1/3 of what is was at the time. Lol.

Google “reserve based lending”.....