Be Patient as future gets brighter.
Prospects very High and with a very strong balance sheet and Very Strong Gas Prospects with further Wells and Helium Prospects could be Massive....!!
Future holds well with Happy Days Ahead |
Nothing will change until we get the lng plant humming, then we might see a few p's on the share price We have to wait until a drill hit or phase 2 before any real value comes. |
Same pattern over the last 6 months. We have a shakedown, then .6 or so we rally back again. |
Got our pants taken down today, was that the wider market panic over the orange one or were there other factors? |
Plenty of Cash in the bank after the Multi Millions of dollars Deal and Share of Early Revenue. Self Funded for the Future.
Remember Early Revenue flowing soon and further Wells Spudding and Broker Targets 4p. Some say Higher!!
Prospects very High and with a very strong balance sheet and Very Strong Gas Prospects with further Wells and Helium Prospects could be Massive....!!
Future holds well with Happy Days Ahead |
halfpenny,
What do you think that the words "with a very strong balance sheet" mean?
The interims:
reveal a balance sheet with tangible net assets of a mere £5.7m!
There is £35.5m of debt!!!!!!
They are hugely dependent on selling the Moroccan assets to be able to repay the debt but a significant chunk of the disposal proceeds are deferred!
They had to issue a death spiral convertible loan last year!
To suggest that Sound Energy has "a very strong balance sheet" would be similar to suggesting that Putin is a nice chap and no more dangerous than Mickey Mouse. It has a hopelessly weak balance sheet that is over-stretched, over-leveraged and potentially insolvent!
JakNife |
..Remember Revenue flowing soon and Broker Targets 4p.
Prospects high and with a very strong balance sheet and Prospects in further Wells.
Future holds well with Happy Days Ahead |
Coming along populating the pads:
May require Linkedin log in/signup |
Expect Helium RNS soon and if successful booommm!!!!
Massive Breakout Expected!! |
Helium Discovery the next big play...massive opportunity.
Also, with early Gas Revenue soon |
Much larger broker and interesting choice as they could have stayed put. Generally a move indicates some interest from the new stablemates client base. Harva, Wtfdik!We wait for the end of quarter update on the LNG plant and the (I hope) drill dates they have negotiated with managem. Drill baby drill! |
What does this tell us? What is. Zeus the almighty one known for? |
Appointed Zeus. Interesting choice. |
More cheap stock changing hands today. |
As they say, the last mile is the longest |
Company needs to get some real positive news flow going here. It's the only way the share price will move towards true value. We are pretty much just 20% over cash. |
And we are back up again |
Lifted from the other channel: |
Zeus has a target 4p so dont miss our as Early Revenue Q2 as the expect to beat current targets.
With banked future looking brighter.
Future gets brighter as Helium prospecting starts.
Early Revenue Targets arriving Q3/4. Target 4p minimum
Production tests are expected to begin next summer, while production will start in the last months of the year, with an initial volume of 283,170 cubic metres per day. This figure could rise to 1.13 million as the development of new extraction fields, all in the same field, progresses.
The recurring Revenue will pay for ongoing costs and further development with plenty of Cash growing in the bank... |
The reason he's less stressed is there's $14m in the bank they can draw down in salaries and bonuses whilst delivery zero or negative returns for shareholders. Not rocket science telbap. Pigs at the trough. |
Spoke with Graham last night at the head office open day. Seems much less stressed, 100% confidence in first gas in September / October this year. 2027 for phase2.I think this year is the one, make of break! We have to wait until at least October/ November to see how this plays out. |
Early days, but still... |
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