Sonoro Energy Ltd. V.SNV

Material

[MJB4231]

I'm so puzzled how nothing material has happened other then denouncing partners take over attempt. Has nothing changed negotiations wise? Has anything legally changed with our shell? Have we a new partnership? We need / deserve some direction

[copperplay]

These guys can't stay quiet forever with no money  Lets see what this week brings 

[GeorgiaStreetE]

Agreed that news has to be coming soon, but my bet continues to be vague "we continue to pursue" fluff until the situation with the selat is resolved by our partner or government.

[copperplay]

  if that is the case management will need to fund the financing once again...vs if they explain how they expect a resolution to occur maybe can gain interest in the market  at the moment they are walking blind 

[GeorgiaStreetE]

Pursuing financing is the only thing this crew seems adept at

[SubinC]

lol.. 

[copperplay]

management stay strong and hold tight.  Since you have waisted all this time and money might as well stick this out to the bitter end and like Ark88 said get us shareholders our $25 million payout I personally do not want to see anything new vended in here like we hoped back in October and would have had some value by now.  Closing in on April and still nothing lets just wait Jimmy out

[SlyFox1]

Would be my preference too. Hope management can work something out with our partner and get the block producing. IF they can do this and announce the reserves with the price of oil around $100, we could easily gap up to 1 dollar if not 2 IMO

[copperplay]

Shareholders need to place their bets and put this lottery ticket away and hope to wake up one morning to a halt and make big $$$$ 

[copperplay]

well said Slyfox if Selat is still alive it means the reserve report is still alive which Sonoro has invested alot of money with RISC and 3rd party evaluations so lets just do a small raise and keep this fight going.  Do not do anything further to kill shareholders value after doing nothing for months.  Raise enough money to complete year end financials, AGM and keep lights of for 2022