Sonoro Energy Ltd. V.SNV

News

[Jimmy1page]

Will there be any?

[copperplay]

Go read ceo site and this IP 30 chatter or someone explain here 

[RoyMax123]

The IP30 is a standard use in the oil industry, it's  the average oil production rate over the first 30 days.

[copperplay]

the company shot themselves in the foot with the wording of the press release and why many were expecting in January follow the stock closely 

[RoyMax123]

Yup, putting a deadline in an NR (production and first sales in the second half of Jan) and not following up on that date is always bad. Either shut up with those dates in an NR or follow up.

[SlyFox1]

Personally liked the way the last NR was worded. The fact there is a bunch of desperate retails wanting an NR every week is pathetic.  last NR stated they are producing and selling in Jan. What else they need to say "confirming per the last NR as we told you idiots we are producing"?  industry standard is IP30. I respect them focusing on operation and following proper

[Jimmy1page]

Ummm actually I think we would like proof that it is a viable and active oil well capable of earning potential.  By now they know that.

[Tekeela1]

It's called being ghosted!! Seen this before!!       Since August 25 of 2023, there has been a press release, at least every 2 weeks or less.  Last one was January 11th. Let's see if we can go the whole month of February without getting one!

[ark88]

If we go the full month without news, in your experience, what do you think it means?

[Notmyfirstrodeo]

It doesn't take 20 days to get the numbers for what a well is producing. If it's producing as excepted then we would have some numbers. 

[copperplay]

so you do not believe in this IP30 theory?

[lutefish]

Quite a few oilers  use an IP test of 90  days before they issue a NR . We may have to wait until April :! ! !.  :-( :-( :-(