Sonoro Energy Ltd. V.SNV

SNV Valuation

[copperplay]

AXL on the Venture currently producing 1200 barrels per day market cap $84 million

Sonoro new project at 1800 barrels per day so a conservative market cap of $100 million is very realistic once this gets announced and drilling starts

This is anywhere from $0.50 - $0.70 fully diluted

[thorgb1]

Nope AXL valuation very very low due to political risk in Colombia. It should be higher based on assets and production potential, but projects may never move forward. 

[copperplay]

Ok great news looks like a Monday morning press update and we fly 

[MJB4231]

Unsure on that Copper... Zero update on how we are financing this with EOM closing in fast. We don't even know who is commanding this ship.... Unsure why CEO has to be such a secret. Announcing would only improve our current stalled interest 

[MJB4231]

As usual.... Always more unknowns & questions then data and facts with this company. 

[copperplay]

word of new CEO, $1.5 million, drilling timeline, reserve report timeline and uplist to Venture can all be disclosed in same press release

[Schloppasnv]

They meansioned MENA for a reason. I know of one successful ceo they could use to scale this business.

[copperplay]

  and who might this be??

[Schloppasnv]

Sara

[thorgb1]

That would definitely be an interesting appointment and bring some new investment in. Not sure it's likely to happen though. Holding up fairly well, I think the market expected news yesterday.

[copperplay]

If that was even remotely true about Sarah the stock would be at 20 cents 

[Schloppasnv]

How if it hasn't been announced?

[copperplay]

  the market always knows people talk  I am expecting the CEO to be announced with next news so we should know next week 

[copperplay]

  One can dream would be transformational