Sound Energy Share Discussion Threads

[bricktycoon] 12/12/2017 22:57

Get in on open or miss this multi bagging on transformational news buy buy buy gla

[adamnw] 12/12/2017 18:07

There's a thought. What happened to Shymas?

[bricktycoon] 12/12/2017 14:59

Sound about to soar 60 p resistance will be smashed on open the big money is about to arrive. £2 bid imminent from gas giant

[steelwatch] 12/12/2017 12:08

brick - r u Shymas reincarnated?

[1westham] 12/12/2017 12:04

Sp bubbling along ok for now.

[bricktycoon] 12/12/2017 11:55

Boom time buy buy buy this is about to soar on bid from a hungry gas giant get in while u can gla

[1westham] 12/12/2017 11:52

Gas boiler burning away nicely, wonder where we would be without natural gas....

[eggbaconandbubble] 12/12/2017 10:58

Just thinking about exercising my Sound warrants to pick up a few more Saffron/Coro shares.
Anyone any thoughts?

[bricktycoon] 12/12/2017 10:52

Buy buy buy billion dollar upside imminent with transformational news this will soar back towards £1 for starters

[steelwatch] 12/12/2017 09:05

Westie - not you. Sidekick was brookemia.

[1westham] 12/12/2017 08:39

Yes, it was I.

I honestly believed if things in Italy had played out leaving more time and cash for the greatest gas play ever, the For Sale board would have gone up.

[manics] 12/12/2017 07:02

Don't forget we're sold in 2 weeks guys. Incredible days ahead according to harryhugget (250SWB), brookemia and one other name I forgot.I will enjoy a full body orgasm here when 2017 passes without sale, as it will and and as (against 250SWB's mindless twaddle) I did forecast back in February.I will later enjoy a multiple full body orgasm on LSE when MAY'18 expires without sale, just as our CEO is telling us, contrased to the LSE guff from 250SWB (he has audience there having executed to extend his credibility with a new 'window' to MAY'18).In the meantime Merry Christmas everyone! Thanks to steelwatch, and SOU staff for a fantastic outlook here over 2018.

[1westham] 11/12/2017 20:07

How about by Thursday!

[luckyman3] 11/12/2017 17:45

Nothing worth reading here at the moment
That will change soon. imo

[hpotter] 09/12/2017 18:32

Thanks to Salem/Pardeep for following this up.

Saleem Khadir and Pardeep Verma posted in Sound Energy Plc - Investors' Group.



Saleem Khadir
December 8 at 4:04pm

Response from the company to my query regarding the £1.50 per TCF.

Thanks very much for joining the shareholder event in London and for your questions today.
Let me expand a bit on the £1.50 / share rule of thumb that we discussed on the 6th of Nov. Firstly some back ground on the economic modelling in Tendrara - We make detailed economic forecasts for gas field developments in Tendrara, and this ensures that we are making the best commercial decisions for the shareholders. We are applying standard industry practice, and this combines the detailed engineering, reservoir and commercial solutions into an economic model for the field. All of that information is then used to calculate the free cash flow that the field will produce over its production life – free cash flow defined as operating cash flow after taxes, less capital costs.
Standard industry practice is then to ‘discount̵7; that future cash flow stream into the net present value of the field – the “NPV” - which is a number that represents all of the costs and revenues of the project over its full cycle, expressed in today’s money.
When we make these calculations, it’s normal to get a wide range of potential outcomes, depending on the assumptions we make for inputs such as reserves, capital cost, discount rates, gas price etc.
We typically look at low-mid-high case outcomes, and make sure that shareholders are protected in the downside, and have good leverage to the upside. Estimating a ‘rule of thumb’ for shareholders - We want to continue to be as transparent as possible with our shareholders, and we have had quite a few questions from your selves on how to value the multi-TCF exploration programme that we have underway. The rule of thumb that we have given you is that 1 TCF of recoverable gas resources for Sound is worth approximately £1.50/share. Let me explain how we get to that number. The £1.50/share rule of thumb is the net present value of 1TCF of recoverable gas resources for Sound. It is scaled up from the economic models that we are maturing for the smaller Te-5 field - a fully loaded development with a 20” gas export pipeline, new wells and a new gas processing facility.
The rule of thumb is calculated using a 10% discount rate, from an undiscounted free cash flow of £4 billion, or £3.90/share undiscounted, for 1 TCF of recoverable gas resources.
There are in reality a wide range of potential economic outcomes from a new development. You should expect this rule of thumb to move around (up or down) as we get closer to the Te-5 FID, which is an important calibration point for the economics of the exploration programme.
For example, a 2 percentage point reduction in the discount rate would increase the rule of thumb by some 20% to £1.80. If the development were to go ahead with a 12” pipeline rather than 20”, and the gas was sold at the $12/mcf gas prices than some smaller players are seeing in Morocco, then the rule of thumb would potentially increase by 80%, to £2.70/share. These are obviously more optimistic scenarios, but clearly there is a lot to play for in value creation ahead of us. I would warn against “false precision”! Spreadsheet outputs are not always what we see in the real world. Overall, the rule of thumb that we have provided is a good guideline for valuing exploration potential, and we are intending to update you on that figure as the parameters change. Like any company, we are not able to comment specifically on our share price. In general, growth stocks like Sound are valued on their current asset bases, and on the future potential from exploration. Investors in growth stocks often try to calculate what is “discounted into the share
price”, in other words how much future growth potential is priced in, as well as established assets.

Again, thanks very much for the joining the event in London yesterday evening and for your follow up questions.
Thanks and regards

[legin3] 07/12/2017 18:34

steelwatch thanks

[steelwatch] 07/12/2017 11:54

legin - last night was a presentation in the City. The follow-up 'Fireside Chat' is Fri 15th per the link above.

[1westham] 07/12/2017 08:36

Buffy

David Moyes is ok .. for now... nothing is permanent Buff, not even the great SOU.

I'll tell you one thing... when SOU is sold in the near future, I'll be permanently on holiday. COYI

[luckyman3] 06/12/2017 18:18

Yes
Should have started now

[legin3] 06/12/2017 10:32

is it fireside chat day today whos going

[steelwatch] 06/12/2017 10:06

CORO should get off to a flying start:

[buffythebuffoon] 05/12/2017 15:47

It will soon pass Westham. Just remember, you have DAVID MOYES AS YOUR PERMANENT MANAGER.

Buffy

[ziblot] 05/12/2017 14:21

Come on Westham, crack the whip and get this moving.