Sound Energy Forum

.AVN bid TALK Avanti Communications [link]

Just received the details of the Sound Investor concall on Monday 8th at 10am. Will there be an RNS before hand or will this be the big announcement?

finnCap's published a note this morning: "Sound has completed drilling the first well in its multi-well programme at Tendrara. The rig will now move on to drill the next well in the programme while rigless operations are conducted. The well encountered gas shows during drilling and identified an 89m gas column 12m higher than the previous well, indicating that the top of the structure has been encountered. The rig will now move on to drill the next well which will be drilled horizontally." from Research Tree

@davysed. you could always liquidate enough of your existing holding to buy your allocation under the offer for 19p. if you were on the share register on 15/05 you qualify for the offer even if not holding now. Thats my understanding. Anyone care to confirm this?

i think it is the market makers doing much of the hoovering up. they will be aware of the long /medium term potential of this stock and the likely demand when an announcement is made that the stock will go ex-offer and that also means ex-warrants.expect a surge in the sp ,but im unsure how the open offer will be worded. I was looking for this dip to top up today after having listened again to James P.

hi Noddy

With operational costs covered and massive potential on the horizon for the well known assets plus the very interesting "hidden gems" this is one great ground floor opportunity. SOU is maturing, making excellent decisions and following it's core strategy as planned with plenty of free cash. With world class people on board this has to be the most exciting period for this company.

Watchout all Sound Oilers...Ben Jeynes is one of your Nomads....Ben who? Well, he was the Nomad who signed off nonsense RNS's at Red Rock like IPCM / Kansai....

A lot more confidence this time around that this company is executing its strategy along with expectation. If price drops at all from here given the investment potential I would be very surprised.

Bringing the additional field on line will really strengthen the balance sheet. Looking forward to H2. Sound delivering.