The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
yep....too cheap to pass by I think - just topped up with another £1250 worth.....am totally balls deep in this even more than before!!
Come on team sound...bring it home with a commercial gas disco in tagi and paleo rns tomorrow morning!!
Watching the progress very carefully, taking on board what the experienced riggers have to say and add - thanks for the heads up on things
just a thought - could progress be quicker, the looser/softer the sands?
And if the sand is not as tightly packed....could this be an early indicator of flow rates once gas is hit?
mwahahahaha, time for a cheeky spread bet me thinks
no probs randomaxe. better than slating someone or blowing smoke up someone's derrier
same old garbage being posted here...can't you people just wait it out without non-value adding drivel?
as for RL our chairman having our backs....what's that...backs against the wall? Backs up? Or that he will step out from behind the gates of his castle in oxshott handing out money to those who make losses?
Ain't nobody got anyone's back, you got to look out for yourself.
If you believe it stay in, if not de-risk or sell up if you can afford to.
Jez and Gemell1 - genuine thanks for the good wishes.
Just to let the gloaters know my average isn't in excess of 60p, and it's a decent chunk I have invested. Your negativity is most likely to be a result of my paper loss being more than the amount you have invested.
What the merry bunch of sour grapes need to realise is I didn't blame anyone!! Merely highlighted why the investor base is likely to be extremely disappointed at the moment, based on my honest sentiment and thought process.
Should this actually come off at a price as low as 65p, i'm still quids in....he who laughs last....
Trellis
Got to say, your post hit it on the head with MK....and surprise surprise, he/she does not have time for an argument when in the wrong. Lol, got to love it.
JezTheFez - again, got to love your honesty and say how you feel persona. Nobody should be made to feel they cannot voice their opinions/thoughts
Have a look at the sound twitter page - there is a chap called Paul who is posting whatever he thinks and hats off to him.
Investor base confidence has been dented big time here at sound energy.
Downward trending share price which has not been short term, and does not appear to be temporary - where has the recovery been since Badile and TE8? It is not the downward trending share price alone that has done this damage - the sound team need to acknowledge this without trying to fluff it all up and make it sound nice when it's not!!
Hype regarding irrelevant entry prices and what seems to be outlandish tripe at the gherkin event
GSA timeline
Infamous 'Awaiting signature from ministers' line
Investor anxiety relating to the now late back to back drilling, off the back of Badile, TE8 and Nervesa which were all hyped up and returned nowt
Seismic was deemed to be the major value creator of which we have seen no value creation
Sale on seismic which I now know is worth less than 10p in the £ and would never be in the interests of shareholders so why talk about it?!
TE8 described as partial success when now it is half-admitted to be a failure by the geologists at the deep dive - why was this not admitted as a failure then? Would have gained a lot more credibility from investors and the analysts alike
No further CPRs to be issued as they know what they know
No announcements about potential asset sale talks, when it could be announced that potential talks are underway on an exclusive basis, no names mentioned
Infamous 12-18 month timeline - when it starts nobody knows!
Numerous roadshows across the globe with no major II base established
Yes the FEED/BOOT agreement is underway, yes the seismic was carried by a 3rd party, yes an existing discovery is being commercialised, yes 2 wells proved stimulation can enhance flow rates, yes the £ per TcF revised to £1.50/TcF
But none of the positives have enhanced shareholder wealth
And before you pipe up MK, if you have the balls to compensate me for my £53k deficit i'll sell up gladly!! Otherwise, keep your gob-shiiite noise down
morning all...
what a dog of a share.....not impressed at all!
watched the old sound event clips/videos on youtube again to refresh and improve my understanding, waiting for the dd video
just can't understand why such lacklustre performance if the fundamentals really haven't changed for the worse....
Fellrunner that is very true.
Pj advised himself 30% is an excellent cos and anything in excess of 40% is simply not exploration - it's a near enough certainty. So where do these clowns get 50% cos from??!
Totally ridiculous and these rampers need to be reported too.
If it's ready for drilling, it means the cos is between 30 and 35% and BM is happy with the prospect.
moroccoknows - I bought at a price substantially higher than today's spot price hence why I'm still holding. probably just like a plethora of people out there.
do you understand that concept? good, go troll the other companies you post on regularly
hold on 250....that's all you can think of?
Broaden your horizons:
- TE6/7 first real value creators showing commercial flow rates
- TE8/Badile - real value destroyers after which there has been no come back at all
There have been more positive issues of news than the trading plan and risk mitigation form the BoD - but it all amounts to nothing given there is no agreed gas sales price, and the delays in new value creation.
Trading plan is not the make or break factor of any company. What planet does this former CEO come from?! You got to be smarter than that to brainwash me or try and get me to join your bandwagon.
Why do we not have many/any new investors?
In my mind, this was hyped up so much by PJ, people piled in then, especially as the SP rocketed.
Since then, everything has been delayed/non-significant and no new punters are willing to part with decent amounts of their hard earned cash on a hype machine.
The GSA is still being negotiated? It would take less time to re-write war and peace FFS!!!
The only time this price will move north is when the drill hits the ground and shows gas, with no further mishaps.
Because of past hype and very late/non-delivery, this isn't moving anytime soon and rig mobilisation means it will take approx. 25 days to go from Sidi to drill location. And I do hope that stick on a rock hasn't moved with bad weather...imagine how long it would take to find the same spot again!!
Sadly, invested heavily here and even when I check here to see if there's any new news, it's the same old tosh being spouted again and again.
Agree with trellis' response here - you have to be a total world class ijiot to believe everything you're told. blind faith just gives power to those creating blind faith....and absolute power = absolute corruption.
Question everything you're told and challenge it - it is simply not good enough anymore to tell us, it's not the timing, it's the end result that matters. We knew that from the beginning, it's the 12-18 months that seem to have lapsed with no real substance that is the issue!!
FFS, pull your thumbs out and get this moving BoD!!
greetings all
this GSA - did PJ not state months and months ago that it was just a signature away? That it was just a formality in the making and awaiting a signature?
not trying to put a dampener on things, but I'm 99% confident that the turner pope presentation covered this topic - or It was around that time he made that statement.
otherwise, am totally in agreement with explo and esox regarding delaying the development of the site until the GSA puts a value on the area.
Consider this thought please - if SDX get $12 for small(ish) volumes, and we get $9....then later discover volumes are double what we have estimates on after say the better understanding of the paleo, someone would get shot for not agreeing $6....
Also, if sound and onhym are in agreement about the GSA, what other factor(s) could be holding it up? More importantly who could be holding it up????
And looking at the posts I missed last week, tomorrow would be kev's day to trade...what a special person kev must be, trading when markets are closed....wow!!!
Fatty...think n4a did the copy and paste deliberately. Taste of yer own meds... Lol, thought it's a classic... Oh the joys of minimum wage for ramping and dreaming :) :) :)
malcy is just a paid advertiser....he'll ramp anything and everything as long as he gets a cheeky fiver out of it!! Look how he used to suffocate sound energy....anywhere and everywhere you would see him. Interviews, site visits, blogs....he couldn't get enough coverage. Now, he hardly mentions the co. ignore him...
so 250, where were you with your opinion and provoking thought process in today's FSC? You had your chance, but choose to spout nonsense here once the event is done? get a grip, grow a pair and put up or shut up!!
Anyone else watching the various sound energy companies at companies house? It really is looking like captain of costa concordia... Pj resigned from sound energy meridja morocco East and South All other directors remain except for luca Captain overboard captain overboard!!
I agree with bark - not sure why the price is hovering around the £12-13 mark when initial thoughts were £17-18...it is more than likely that BP is indeed mulling over an offer but waiting for RWE (the german firm) to make an initial offer. In current time they don't want to pay over the odds hence why the price has not rocketed....YET! And that's the most important point - YET. When the offer does come through, these shares are set to perform.