The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Perhaps the truth was always plain to see, A professional trader advising people not to buy until he gave the word to say so…..and then left the group ..
Never seen or heard anything like it as an investor. Ever.
So imo the SJ spread will come in via Tangiers, normal customs regime for north African countries with temporary import equipment, in my experience is 2-3 weeks until cleared. I suspect original documents will need to be legalised etc.. and things just take this long , pretty sure we are following all required ethical standards and fat brown envelopes not a part of this.. The sand jetting spread will come with the actual tool and hopefully back up, own HP pumping unit and abrasive propant. What else is needed though is the coiled tubing unit, to run it on.. one cannot work without the other. I’m hoping our CEO has not taken his eye so far of the ball ( his words) that they will not arrive together. There may be a CT unit in country available, I’m not sure, Im sure others better placed than me can advise on that. Once all rigged up, it may take up to a week or even longer to clean out the wellbore and reservoir damage, it may happen quicker, it may not happen at all. It is my assumption and opinion that we will not see any sand jetting operations much before mid May, at the earliest, I would like to be proven wrong.
Hi GRH,
Good morning, I have to ask, how do you decide to communicate directly to people, should I be honoured I am received direct reply’s from you rather than your minions ?
Fully aware of SOH history, thankyou and like you I did not believe what was going on and did invest a penny in this mega hype days. Great you advised the SOU board at the time, I expect you had trouble with old parsnips though , bit of a character he was wasn’t he !
You refer to “ we” a lot I see, is this the royal “we” ?
You were wrong re SV 101 weren't you, along with a few others …I thought you would have done your DD there old chap before you came on spouting you knew where it was or was not with so much reverence,
Have a great day sir, I feel really honoured you feel I am worthy of direct coms, but I think I’m going to block you and your minion now. I don’t feel you typing directly or implanting your words into him add any value to me with my investment here with PRD.
Golden tickets lol…they are script no more no less, , decent chance of decent returns, however all high risk. Were u at the shard and on the Thames river cruise with Parsons et al, “ golden tickets” was his favourite go to phrase even when SOU SP was near a quid, I think buying for your family’s retirement and the wealth of your future generations was also another, …here’s a link to current SOU SP. https://www.soundenergyplc.com/about-us/our-team/ yes thats right less than a penny !
Drill durations were in broker note. LNB1 was TD’d early due to hole issues, they only intercepted 2-3 mtrs of the reservoir.
I agree time lines seem long I still have em at 16-20 days though per drill though.
Plus new operator acceptance audit.. that should be a breeze though.
BTW updip does certainly not mean shallower all the time..seen plenty of updip drilling go deeper. The rig will come when it comes for our SOU5 beast, .i actually don’t think our dates are that far out.
Chars 2 wells are deeper than what you state , SDX plugged and TD’d early, well documented. Char drilling deeper into the 3d interpreted Avo from Anchois read through apparently. They stated 26 days per drill. I’m going for our spud on MOU5 as 2nd week June..just my call.
SDX also used SV101 previously as well the ONYHM owned unit , however I think ( cannot confirm ) ONHYM 525 is setting production tubing for SOU currently.. …. I’ve just pinged SDX IR to see if they will confirm exactly which rig is being used for the latest well.