Sonoro Energy Ltd. V.SNV

Next NR

[MJB4231]

All I can say is next NR better be blockbuster with details and clarity with company direction and partnership status. Don't need a.... "Things are progressing" ...

[MJB4231]

Have to tip our hat to Marpe and management for giving us an iron clad PSC agreement that SGE couldn't bully us out of. P.S.....Hey Jimbo... Your stuck with us now sign the dam JOA!

[ark88]

I agree. Either buy our stake and we'll go away or sign and get on with it. Stop and think, the most probable outcome is either of the two.

[MJB4231]

The money Jimmy is losing by this delay is unimaginable. Bad business man

[ark88]

I'm still sticking with facts as publically released, "commercial and operational issues". It's worth repeating. When it comes to resources, no matter how difficult or expensive, the improving macro environment can address every impediment. The macro environment today and going forward is vastly different than it was 2 years ago. Time to sign and get on with it!!!!

[SubinC]

Agree with you ARK and MJB. Could you shed some light on why SGE is holding back now.  Sonora has acted in the most respectable way with these guys. On one hand he is continuing to remiediate the site but is not interested in moving ahead.   Dude would have had his head on a plate if he pulled this nonsense with any other person from Asia.

[MJB4231]

We are so in the dark at this point.... Who knows... Maybe everything is honky dorey and getting along famously. We honestly have no idea. Frustrated forsure but just because it doesn't fit our timelines doesn't mean anything is negative. Praying for some kind of breakthrough and update on the whole enchilada

[SMlachake]

I agree with this as well, if things were really going south, I would guess the government would have intervened when the did at other fields..clearly, if these guys are hanging out together for days if not weeks now, nobody has gone to court either, something good will come out of this hustle. Patience, but yes, really painfully unnecessary patience being required here.

[SMlachake]

This is the part I really don't get either. Just compounding the loss from invested cash flow over several years.. unbelievable!.

[MJB4231]

Double edge sword for us having a billionaire as a partner... He's too rich to care and has other business neglecting our partnership and commitments to project. However I think we learn very soon how much work Jimmy did without our knowledge at location. From what I understand we are dam close to fully operational. I'm sure recertification of wells and improvements have been done. This

[ark88]

It's like reading a thread from people who have no idea as to how business functions. Did you ever consider the possibility that the liabilities were greater than the "benefits" of the proposed work program and that it did not meet their business objectives? Again, I reiterate "commercial and operational issues". I'm not stating this as fact, but merely highlighting a

[Tree2tree]

Only two probable outcomes?  SNV's bankruptcy is becoming more probable by the day.  Denial won't stop it.  What investor will rescue SNV when the company cannot state clearly whether we have an enforceable right to a resource, and the means to develop it?  And Ark, with his superficially logical tone, is still trying to convince himself that SNV's chances are good