Sound Energy Share Discussion Threads

[mikemichael2] 16/1/2018 10:52

Are those 'traders' still leaving ??

[thevoid] 15/1/2018 17:24

Could be something to do with the notice re exercising the warrants at 24p.

Expiry date 22 May 2020

Would get more Coro, I suppose, but think I'll wait a while.

[steelwatch] 15/1/2018 17:22

Fiona MacAulay presenting for ECHO if anyone here interested. Also:

One of the most successful CEO on the London Alternative Investment Market (AIM), James Parsons, and his team will be also talking about the developments and progress with his Italian gas operations and the new venture with Saffron Energy / Coro Energy, the proposed new name chosen the re-launching of the Italian natural gas producer Saffron Energy, who came to market (IPO) in February 2017. The market waits with baited breathe (sic)….

[1westham] 15/1/2018 17:01

Lol buy as the traders leave.

[steelwatch] 15/1/2018 16:20

Tittle tattle.

[mikemichael2] 15/1/2018 16:12

If i had a few quid for every time i'd seen that, 'when the large seller clears' or 'clearing out the traders before a rise' Well, i wouldn't be here.

[john henry] 15/1/2018 16:03

When the large seller clears, share price should hopefully move forward.

[1westham] 15/1/2018 15:29

I'm sitting here laughing,waiting for the bounce, that's got rid of the short term traders. We know that clearly needs to happen before a sustained rise. Bounce 52-53

[1westham] 15/1/2018 15:23

Every sells a buy lol, SHAKE... mopping up...

[billynotsilly] 15/1/2018 09:23

Be happy seeing 60phere this week.

[midasx] 14/1/2018 23:20

Yes mate all pieces of the jigsaw!




Sound Energy PLC
04 September 2017
4 September 2017
Sound Energy plc
("Sound Energy" or the "Company")
Eastern Morocco: Update re Development Funding
Sound Energy, the European and African focused upstream gas company, is pleased to provide an update on the funding which will be required to develop the Company's existing Eastern Morocco discovery.
Further to receipt of a non-binding expression of interest from Oil & Gas Investment Fund ("OGIF") in July 2016 in relation to OGIF's interest in funding, building and operating a new pipeline connecting Tendrara to the Gazoduc Maghreb Europe ("GME") pipeline, the Company is pleased to announce that it has now received an indicative non-binding commercial proposal (the "Indicative Proposal") from Advisory & Finance Group Investment Bank ("AFG"). AFG is a Moroccan based financial institution which acts as fund manager to OGIF, the Company's partner in Morocco*. The Indicative Proposal is provided by AFG on behalf of a range of institutions, including shareholders of OGIF.
The Indicative Proposal, subject to agreement of terms and contract, is for the provision of funding for the construction of the Tendrara Gas Export Pipeline ("TGEP") connecting Tendrara to the GME pipeline of between US$60 million and US$100 million. The Company currently estimates the gross capital cost of the TGEP pipeline to be approximately US$60 million for a 12 inch pipeline and US$100 million for a 20 inch pipeline.
The TGEP is a critical part of the infrastructure which will be required to support the commercialisation of gas from Tendrara by connecting the proposed Tendrara processing facilities to the GME pipeline. Connection to the GME pipeline and therefore to the Moroccan and Southern European gas markets, would support Sound Energy's strategy to access infrastructure connected to growing domestic and international gas markets.
The Indicative Proposal from AFG also confirms that AFG has been advised that a subset of the institutions may also be willing to fund the planned Tendrara upstream processing facilities.

[1westham] 13/1/2018 16:27

When Monday comes....I will GLA

[thevoid] 13/1/2018 15:53

Sound Energy Says Results For TE-5 Horst Resources In Line With Views
[ 20 Dec 2017 08:27 ]
Abbreviated

The certification reported a mid case gas originally in place for TE-5 Horst of 0.65 trillion cubic feet, and a 2C contingent resource of 377 billion cubic feet of gas.
The certification was undertaken by RPS Energy Consultants Ltd on an area of 250 square kilometres, equal to 1.0% of the total Eastern Morocco permit area of 23,500 square kilometres, and will contribute towards development planning and advancing development funding solutions, which are already under discussion.

I wonder if management have any regrets about the early hype.

Next thing they will be saying:
If 1 tcf equals £1.50 per share then TE-5 equals £1.00 per share.
And if TE-5 equals 1% of Eastern Morocco, and if that was an average over the area then
100% would equal £100.00 per share

Fantasy. Most unlikely. Ludicrous of course … but I can dream with the best of them, but £5 would be nice!!!!

[1westham] 12/1/2018 16:28

Flat as a witches tit, then pops through 55.

Perfect storm brewing.....

[m0rrisminor] 12/1/2018 16:00

Could we have a buyer mmm.

[1westham] 12/1/2018 15:23

Super volume, expect an update Soundies. We got the 55p we've been waiting for, game on.

Westy
:-/)

[nestoframpers] 12/1/2018 11:52

needs to close above resistance, much better.

[manics] 12/1/2018 11:29

Only £9.42 to go.

[telbap] 12/1/2018 10:44

Wow 57p!!!!!!! Been off BB a while amd look whats happened.At the moment I have been trying to alert the guys on GGP BB about logger boy who has arrived there with his merry men..Nice to see sou. Up !!

[jovi1] 12/1/2018 10:43

any one any idea when the drill bit come out again?