Sound Energy Share Discussion Threads

[napoleon 14th] 17/9/2019 18:08

Complete loss of interest here, eh? Not surprised...

Well, half year results are out on Thursday 19th, it appears.

High time there was some news about selling Tendara, if there is any!
Otherwise, aren't they going to hook up TE5 Horst and make it pay?
After all, proof is in the pudding & Schlum invested tens of millions here.
They have a right to 27.5% of production & might want something back...?

[brookemia] 16/9/2019 11:29

PINOCCHIO🤥 and his B🐷 O🐷 D🐷 approved behaviour and plunder


chipandputt
Posts: 5
Price: 9.00
No Opinion
RE: SilenceToday 11:24

Let us look at it from JP's point of view.

He has bags of free shares and he has made millions from us PIs. For doing what exactly ? I hope he has paid his tax!!!!

He has played a blinder in the role of the Pied Piper/Dandy Highway man and got many PI's to invest millions of the hard earned money. He aint no CEO as his interest are for himself, and to fxxx with the PIs and the company really

Most likely milking the company expense account. Mind all CEO do this, trying to impress others

The FCA are not likley to investegate him even though he is CEO of one of the biggest AIM flops. He appears untouchable even though recorded evidence would say he has at least a lot of explaing to do

He has delivered nothing or real value to wider PI community, nor likley to do so. He has delivered angst and financial loss to many.

He has his disciples looking after him and his reputation. Say something against him and they have your post removed.

He has NO buyers (or we would know) The only way to shut his mouth would be to clamp it shut, not to mention tying his hands behind his back. He would be all over the inet and other media if we had a buyer. Utter bull keek 10 parties reviewed data.

He probably puts in a few hours a week at the office, to save face

The list could go on and on and on .......

so BEST IN CLASS he really is.

As one previous poster mentioned mark his name in bold, under the section "Avoid like the plague"

[copestake] 12/9/2019 14:28

Unfortunately just done the same. Feel a bit sorry for the guy to be honest.

[brookemia] 12/9/2019 12:45

PINOCCHIO🤥 and his B🐷O🐷D🐷 approved Hype🗣

chip and putt:

The only SOU guarantees are most of the owners of the company will have less money than their original investment.

Most of the owners were misled into buying into SOUND by JP rampfest (illegal ?)

JP and many of the BOD are laughing their asses off to the bank with OUR monies and have a chuckle at us for falling for their doorstep sales patter

They have peeps on the BB who make sure the have negative BB posts removed

JP and the BOD are taking the PISX out of the owners with their lack of comms, when once squealed like banshee on heat.

They have delivered nothing

JP and the BOD can never really be trusted, but what the heck they still draw down big fat salaries and continue to treat us with contempt.

Just my thoughts from reading back over 3 days of posts

[mikemichael2] 10/9/2019 13:48

Just a quick look in here to have a read, should not have bothered,looks like Brook is talking to himself, bye brook.

[brookemia] 10/9/2019 07:28

ANOTHER MASTERSTROKE BY THE FAILURE🤦R05;♂️ aka PINOCCHIO🤥

Ian_
Posts: 141
Price: 8.30
No Opinion
RE: RE: Reading tea leavesToday 05:52
Simon, sorry, but that is incorrect, OGIF did not BUY any shares, they were awarded/given to them for extra land/exploration rights.

"On completion of the Acquisition, OGIF will be issued with 272 million new ordinary shares in the Company (the "Consideration Shares"). The issue of the Consideration Shares was approved by Sound Energy shareholders on 15 March 2017 and OGIF will be locked in for a period of 12 months from issue."

Shares in issue prior to the deal:-

RNS Number : 9895J
Sound Energy PLC
3 July 2017, Sound Energy plc ("Sound Energy" or the "Company") Total number of shares 731,514,432

Shares in issue after the deal:-

RNS Number : 7071D
Sound Energy PLC
1 February 2018, Sound Energy plc ("Sound Energy" or the "Company") Total number of shares 1,015,952,107

This was JP's so-called "accretive deal" that diluted the shares in issue by no less than 37% for NO gain for us as shareholders that I can see as of yet unless I missed something.
Good luck all, we are going to need lots of it!

[brookemia] 09/9/2019 18:35

IS TABLELEG ANOTHER PINOCCHIO🤥 PARSONS POODLE🐩 OR ANOTHER CRUDE DISCIPLE🤮 I’m Certainly not bitter, as I have not lost anything🤷205;♂️.....yet🙏 but do get a tad bored with sycophantic outpourings of support for aCEO that has been exposed as a FAILURE

Tableleg
Posts: 705
Price: 8.00
No Opinion
Testicle packToday 14:38
The reason I was dismissive is that as I said at the time I am more upset with the fact that JP has to actually reply to that garbage. Or indeed feels he needs to. You come across as a very bitter person. A bit like Brookmia over on ADVFN. Are you related. By the way he hasn’t failed yet. He may do but hasn’t as of yet !!

[brookemia] 09/9/2019 12:49

What can PINOCCHIO🤥 report🤷̴5;♂️:

n4aPound
Posts: 572
Price: 8.00
No Opinion
RE: Half Yearly ReportToday 11:58
Longwait, with all due respect that is quite a delusional view.

Was it not only a short while ago there were 'several parties interested' in Sidi Moktar which was a sandbox full of approx 9TcF gas?

And approximately 2 years later, none of these interested parties wanted to participate in a farm out let alone buy it.

The silence speaks volumes and always has done in the case of sound energy.

Silence before Badile....flopped
Silence before TE8.........flopped
Silence before TE10.......flopped

TE9 was quite extraordinary....the silence lead to massive swings in the share price which in my mind alludes to insider dealing.

Now I am sure someone on here asked the question: how much has sound energy paid in fines to date for breach of aim rules? And also how many warnings/reprimands have been issues to sound energy and the management team?

There has bene silence on these questions too unless I missed the posts with answers....

As ddboy said, we can all expect the BoD to be calculating how to polish this horse poo....

Take this post down all you want....easy to copy and paste!

[brookemia] 07/9/2019 10:33

jacklevi
Posts: 3,263
Price: 8.19
No Opinion
RE: SPMToday 10:04
Maldini1 Tend to agree with you i think SCHL lost their appetite for more exploration and you can see their reasoning as things stand they can exit with some profit on their investment i also believe the M/Gov. & ONHYMN were in agreement also.
ReplyRecommend (1)Report Post
Maldini1
Posts: 165
Price: 8.19
No Opinion
RE: SPMToday 09:52
I’m speculating whether the catalyst for the marketing campaign might have been due to SCHL deciding to call it a day following the disappointment at TE10, the success/failure of which might have been a condition precedent for continuing with SOU. Without their major partner on board it wouldn’t have been possible for SOU to then head off to TE11 alone hence why the “for sale sign” went up. Ironically it probably makes a deal more likely as a buyer would be getting their hands on the entire licence exploration area and Horst without having to accomodate a new partner they might prefer to do without. Speculation only of course.

All because of PINOCCHIO PARSONS FALSEHOODS🤥🤥🐷
28055;

[brookemia] 06/9/2019 17:34

PINOCCHIO🤥 and The BOD🐷🐷; called Bang to rights
What is most galling is PINOCCHIO🤥 claiming achievements 🤦‍a94;️:

testpack3
Posts: 1,625
Price: 8.27
No Opinion
RE: HO commsToday 13:56
Q) Dear James,

I will forward to you some communications that I have had with Amanda re; the above. Where is the transparency and accountability in Sou.? It could easily be assumed that objectives, scorecard targets were not set, and payments were awarded on an 'ad hoc' basis, which makes the Remuneration Report guidelines a complete nonsense. For the purpose of openness and clarity, I suggest that you RNS the relevant information ASAP.

Kind Regards

Reply) I forwarded you to JJ and then Amanda as your questions related to my pay / rations and it is usually easier for non-involved parties to handle such queries. We don’t intend to RNS historic performance metrics (it would be a very strange thing to do). I can confirm to you (as I think the Company Secretary has also) that we had and have an annual scorecard although I am not in the room when my performance / pay is discussed so can’t comment on that.

James

Q) Thanks your response, and much what I expected. Ms Bateman said there was no reason why performance targets, and Scorecards could not be in the public domain, and you are saying it 'would be a very strange thing to do', to RNS historic information now. There are many instances where RNS's have been released to clarify past information. I realise this information is 1 and 2 year old, but would be a welcome relief to investors to see a RNS in this time of news 'blackout'. I don't have to give you any clues on how you should head the RNS, but it is important to be open, transparent, and for PDMR's to be accountable to shareholders. Otherwise James, it will seem as though you all have something to hide, which I sincerely hope is not the case.

Kind Regards

Reply) We won’t be RNSing historic pay information as I said to you before.

So please feel free to attend the next AGM to ask questions to the sub committee members directly

Q) Hi James

Again, what I expected from you. So much for 'clarity' and 'accountability' from this shambles. Attend an AGM in 10 months time? hmmm. I agree there's little chance of you 'picking up the 'phone' and selling the company, and when that event is eventually reported, I am confidant that all of the present PDMR's will be relieved of their duties, and it will be up to a new BOD to provide us with the information that has rewarded you with bonuses amounting to 30 years of average UK annual pay in 2 years for missing deadlines, drilling less than 4 wells, and reducing shareholder value from 74p at 1/11/17, 52p 1/1/18 and 22p 1/1/19. The main problem for me James is the insignificant number of wells drilled, when even you, later on, knew that Tendrara would take some 'unlocking'. Two re-entries in Sidi M, a RNS 2 years ago saying a farmout ( with many interested parties), and since then nothing. Shameful.

Reply) It is very easy to overlook the achievements of securing the assets, bringing in the partners, securing the funding, drilling safely and on-budget etc

[brookemia] 06/9/2019 14:47

No Change here with Pinocchio Parsons🤥 and The BOD at the trough🐷€055;:

testpack3
Posts: 1,625
Price: 8.27
No Opinion
RE: HO commsToday 14:03
Q) Thanks the reply.

I live in much warmer climes, and my visits to the UK are Winter based, and not at AGM times.

We will see what the market thinks about your 'securing of assets'. Let us hope they are better than your securing of Italian assets.

OGIF, with an entry price of 84p probably wish it had never heard of SOU.

CIP have done very well out of SOU, and are still owed £30m on the SM asset. it can lose that of course.

Safe drilling is a site practice and not at the behest of BOD.

On budget, yes, but when we know that time is money, the last few drill were all probably in a loss situation financially, we know they were commercially.

There is nothing in AIM R's and R's which prevent any company disclosing historical information for the purposes of clarity and accountability. You do not want to RNS information on the Performance Targets or Scorecards because in all probability they do not exist, and were probably made on the basis of 'what can we get away with'

Still very disgruntled, but a £1 ps LE will cure that.

Regards

Reply) Both the Company Secretary and I have confirm to you that each year we set a scorecard and that the Rem Com opine on my pay / rations without my involvement. If you still choose to believe something else then so be it. I wont be discussing it further.

James

Final comms.
Hi James,

Thanks the reply.

When you are able to, but choose not to, then of course I have to believe in my previous statement that payments were made on an 'ad hoc' basis.

If you fail to sell the assets of Tendrara East, or the company as a whole, and continue, with my preferred option of drilling to maximise shareholder value, ( which is what all bonus payments should be based on), then it is almost certain an EGM will be called, and I believe you and a few others will be voted off BOD.

No reply required, since I could write it myself.

I doubt if I will get an invite to the LE party.

I was not able to contact a member of The RC., or they chose not to reply.

It's appears to be, on bonus payments, a 'you scratch my back, i'll scratch your back ' company.

[brookemia] 06/9/2019 13:11

seaton7392
Posts: 678
Price: 8.27
No Opinion
Chance meeting with BMToday 12:42
I forgot to mention this earlier as it had slipped my mind but talk of the stick has reminded me. I met BM last week in M&S foodhall in Sevenoaks he was buying a prawn sandwich. Anyway I had nothing civil to say to him and told him exactly where to put his stick.
As I was driving out of the car park I saw him leaving M&S and it proved to me what I had always thought, He had his stick shoved in his elbow!

GLA

[brookemia] 30/8/2019 08:11

n4aPound
Posts: 560
Price: 8.01
No Opinion
RE: DisappointedToday 07:51
Morning to you all

Catching up on yesterday's festivities....and there we go, crud tried to get in on the trough again.

Why oh why do you feel the need to compare the failure to orbell from 10 yrs ago? This rescuing the company malarkey? Because guess what, I'm sure orbell thinks he rescued the company by taking on debt and issuing more shares...all the while paying himself and his bod salaries and bonuses....see the uncanny similarities?

The other thing that really irritates me from reading crud's posts - the way parsons thinks it's all him. I this I that....guess what failure, you haven't even delivered what you raved on about and you still have the audacity to big yourself up or defend yourself?

The team around the failure From admin staff to exploration staff to the external agencies in place don't seem to be working hard. Oh no, in parsons world it's all about him amd what he is going to do.

If the failure ever says the team could not/did not deliver etc etc....guess what? He also assembled that very team, did the 'deals' so there is none other to blame than the failure for single handedly bringing the company and himself into disrepute.

To think a grown man like crud/kirk a.k.a #failures finger puppet believes all this nonsense and falls for it....WOW! And then tries to campaign for the failure? Well I never!

[brookemia] 29/8/2019 18:03

PINOCCHIO PARSONS🤥 DISCIPLE IN A MAJORITY OF ONE:

crudehope
Posts: 9,415
Price: 8.01
No Opinion
RE: Sheep in Wolves ClothingToday 16:48
Tapper, I'm no mug - I know full well when my democratic rights are about to be trampled on! I'm not about to lie down or sit up & beg for that 2016 referendum result to be honoured...I'm with Johnson & Farage & will once again do what it takes to see the will of the majority is upheld . If that means campaigning again, so be it!

As for Sound, I was chatting with James last night & summing up he simply said "it's my job to make sure we do get a bid & it's also my job we dont get into a plan B, C or D outcome". He then said with compassion & conviction that he was "working hard for investors & that he honestly always did". He realises that his continued tenure as CEO is determined ultimately by the Board & shareholders & that there are options in the market place if that was desired...but he wasnt in a defeatist mood . I said I was more than happy with his progress post Gerry Orbell & that he should definitely carry on & finish what he started. He certainly has my 100% backing & I am confident he should continue to be the CEO & deliver the 'LE' that he always said he would!

[brookemia] 28/8/2019 16:46

PINOCCHIO 🤥 ON HIS GRAVY TRAIN, STRIKES AGAIN

n4aPound
Posts: 554
Price: 8.31
No Opinion
RE: RE: RE: The attraction of SOUToday 16:33
Have a read of the following, and make of it what you will....i don't think it is very telling and is a p155 poor response from the failure:

James Parsons ([e-mail])To:you
James Parsons [e-mail]

To XXXX
CC
BCC

Yes the guidance is to close the process this year.

Conceptually if there was no offer or we received offers and didn’t elect to propose any then we would have to raise funds and continue drilling and developing ourselves with our partner Schlumberger I suppose.
James

From:XXXX
Sent: 27 August 2019 16:03
To: James Parsons
Subject: Re: Lekoil

James

Thank you for the reply - much appreciated.

Are the board still intending to close the process before year end? If no offer is supported what is envisioned regards the Eastern portfolio/SOU as a whole?

Fingers, as always, firmly crossed.

Kind regards

XXXX

-----Original Message-----
From: James Parsons
To: XXXXXX
CC: JJ Traynor ; Brian Mitchener
Sent: Tue, 27 Aug 2019 15:57
Subject: RE: Lekoil
HI XXXX – our role as a Board is to maximise shareholder value and at the moment we are running a marketing process to understand what offers, if any, we can secure for our Eastern Morocco portfolio. We cannot speculate on the outcome but will let investors know when we have a transaction we are willing to support or have closed the process without one. Personally I am not close enough to the recent Lekoil transaction to comment or compare to be honest.

The GSA news when it arrives will also need to be RNSd – we cant comment on price sensitive information outside of RNSs.
James

From: XXXXXX
Sent: 27 August 2019 14:52
To: James Parsons
Cc: JJ Traynor ; Brian Mitchener
Subject: Lekoil

James

Hoping you (or JJ or Brian) can advise on whether a parallel can be drawn with the above companies acquisition in Nigeria?

Worryingly, ignoring tax concessions et al, if there are similarities then this equates to circa 5p per share a price that, I am sure, is well below what the majority of investors are expecting.

Also, is the GSA. etc any further along?

I look forward to reading your reply.

Many thanks

[brookemia] 28/8/2019 13:27

THANKFULLY ANY OFFER WILL NOT BE ON THE STRENGTH OF ANYTHING PINOCCHIO🤥PARSON HYPES:

Soundingoff Premium Member
Posts: 3,718
Price: 8.53
No Opinion
RE: RE: RE: The attraction of SOUToday 12:54
We only have to look at the makeup of OGIF to know that 'any old offer' will not be presented to us. Someone will pipe up that OGIF got their shares for free and they'll take whatever they can get, but that's rather ignorant. OGIF, like any other investment fund will assess the offer based on investment criteria, not what someone else told them they could get or the promise of golden tickets washed down with booze and chicken dippers.

An offer will ultimately be considered in relation to NPV. Interested parties are not there for fun, if they bid it will be serious. And none of them would want to sour their relationship with OGIF, ONHYM or Morocco.

[300808] 28/8/2019 08:36

Why the rise ?

[brookemia] 27/8/2019 17:34

LONGWAIT
Posts: 3,404
Price: 8.44
No Opinion
RE: The attraction of SOUToday 16:57
What do you make of a conversation reported by one poster, that JP cut off a director who had just opined that the seismic would not be considered by a potential bidder to be of much value, S/O?

Think it was BM actually, but it does seem-in spite of all his outlandish hype and false claims, that Pinocchio🤥 holds sway

[brookemia] 27/8/2019 16:53

Pinocchio🤥 Parsons and B oard O f D isney still on track for their spoils:

n4aPound
Posts: 542
Price: 8.58
No Opinion
RE: The attraction of SOUToday 16:06
dark energy - would you care to elaborate exactly how you think SOU shares could go for £1/share following this marketing process?

Things to bear in mind:
There is no more operational activity being carried out at present
CEO announced in one of the last FSC's that there will be no operational work planned after this summer
Prospect inventory is unverified due to drilling dusters which could not prove up 3 independent geological plays i.e. they were 3 mutually exclusive events, the result of any having no bearing on the results of the other(s)
Lack of any/full CPRs
Lack of work on sidi moktar and potential oil play at anoual
Sub-standard seismic mapping and interpretation of seismic lines due to fast tracking
Debt obligations to be settled before anything returned to ordinary shareholders
Director T's and C's to be settled before anything returned to ordinary shareholders
Only commerical prospect valued at 20-30p per share based on current shares in issue which could be subject to a potential buyer requiring a discount on purchase for any unforeseen circumstances or because they excel at negotiating deals far more than the failure we have who is a self proclaimed deal-making specialist

Thank you and goodbye