LE No Chance25 May 2019 14:59
I went to a presentation by Sound sometime ago, I track 40+ shares on AIM and this was one of them, JP spoke first and ratting our parrot fashion some well rehearse rhetoric (Parrot Fashion: repeating text without fully understand the meaning). He sat down and BM got up grinning and said “The last time I got up JP moaned that I did not mention 31 tcf of gas enough times, I said I mentioned it three times, JP said that is not enough”. BM bought up a slide of a convoy of three seismic vibrations trucks; he said “I don’t suppose you have ever seen one of these before”, he explained in detail the airborne graphic magnetic survey and the 2d seismic data gathering as though it was equivalent to getting a man on the moon, I went away with the impression there is two chancer’s who are out of their depth. I feel sorry for you if you think they have a chance to sell this one well wonder to hard nose professional, any company looking at a FFD will need a lot more gas than a few isolated pockets.
My advice take the loss on the chin and move on, this share is still vastly over valued, you have got more chance in recovering any lose else were, do research ECO,HUR,DGOC,BLOE,NFX,CLNR the shares are in order of preference.
Always DYOR TSF.