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Bullboard - Stock Discussion Forum Sonoro Energy Ltd. SNVFF


Primary Symbol: V.SNV

Sonoro Energy Ltd. is a Canada-based oil and gas company. The Company is focused on oil and gas exploration and production in Canada and abroad, including the Middle East/North Africa (MENA) region, southeast Asia, and southeast Europe. The Company holds a 70% working interest in a proven Waseca channel heavy oil resource fairway, which consists of 1,840-acre contiguous oil field located in the... see more

TSXV:SNV - Post Discussion

Sonoro Energy Ltd. > Rick interview 2023-11-20
View:
Post by RoyMax123 on Feb 29, 2024 7:25am

Rick interview 2023-11-20

If you listen to that video from 3:45 to 5:00 Richard say that 
"For a junior company looking at international opportunities, it's very important to show that we have production, we have success, we have technology that we can deploy."
 
But just a few second later talk about annoncing something before year end or early 2024 which, he certainly know make no sence in term of timeline.
 
So, like I previously said  they are probably looking to sign an LOI/MOU (even if I don't like them) that will set the prerequisites for the deal to happen. (successfully drilling x number of well, demonstrating that they have increased oil recovery with that technology etc) 
 
So I think they can still announce something anytime but that won't be te deal by itself but a LOI or a MOU.
Comment by copperplay on Feb 29, 2024 7:37am
Thanks Roymax123 you explained the confusion along with Stratcap We keep rolling the dice and hope to win on BLACK!!
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