Sonoro Energy Ltd. V.SNV

Raise Money

[SubinC]

I am really beginning to wonder how is the company going to survive the next few months. If all the guy are in Indonesia, they are defnitely burning cash.
Do we see them raising some more funds?

[SMlachake]

My opinion here does not change, especially looking at that insider holding with not market activity whatsoever. I have come to conclude that these guys treat the market and therefore none insider shareholders with a level of disdain. That in short can only mean that they have another way out. I don't for onces thing this management is incompetent. They are doing what they want and how they

[StratCap]

  The one thing that also kept me interested in this lottery ticket is that the management have been trying to advance this without being compensated with salaries or by selling stock  or RSU's  They have managed to keep us in the game for this long. It would have been easier for all of the management to just move on and let the shell go to a new group that would have

[ark88]

No guts, no glory. Amen to that. GLTA! with guts.

[MJB4231]

Finally!... Some solid great dialogue on this forum with each sharing their interpretations of NRs and possibilities. If u asked me 3 months ago I would have said we are going to production with SGE.... Now my view is 60/40 leaning towards a buyout.

[copperplay]

If in fact SGE becomes our largest shareholder soon by converting the debt my bet is they will carry the costs for Sonoro as was expected at the outset of this PSC so Sonoro paying for reserve report does not need to raise that much at current levels  Here is to having some drinks tonight waiting on Monday  Lots of activity at the site last few weeks