Sonoro Energy Ltd. V.SNV

MY ESTIMATED SNV TIMELINE

[Mog7546]

I estimate it will take the whole year (2024) to drill and optimize 3 to 4 operational horizontal wells. 

Short term, I expect no price movement in price until well 2 is producing at a higher capacity... could take another couple of months; then we should see .20 per share with upward movement.

Longer term, I'd like to see $1.00 per share by December.

How do you see the timeline.

[BlackBeard357]

It's still hard to predict for me. When you look at more developed companies hovering around $4 mark, they are fully embedded in the field and bpd count is massive. They now have the capital to drill into oil pockets like mosquitoes and maintain  Sonoro has drilled 2 wells, 1 of which is producing but not at full rate. Is that really worth $0.12? We are in the early stages of something

[Mog7546]

I'd love $4.00 a share too, the faster the better.  I would become a millionaire at that price.

[Jimmy1page]

ATH was slow but is a much better company. I bought 100k shares at 2 bucks

[thorgb1]

There is no comparision at this point between ATH and SNV as companies. ATH has tens of thousands of barrels a day prod, we are still largely an "explorer". "If" (big big big big big big big big big big big big big if) they can execute on their strategy of low risk development and restarting brown fields, there is no reason we can't see 10-20X from here. High risk, high

[Bigtroft]

This post has been removed in accordance with Community Policy

[BlackBeard357]

You never know who you meet on these forums

[SlyFox1]

So true BlackBear. Wouldn't be surprised if there are multiple people on this board who have 100k+ worth of SNV stock at this point. 

[Mog7546]

I have 236K of SNV with a average price of .16.  I wish I had started investing here earlier (at a lower price).

[Tactical316]

Wow that is impressive Jimmy. Would you like a hero biscuit? 

[Jimmy1page]

Nah the 250k I've made so far will suffice. 

[SlyFox1]

Just need some buying. Thin on the ask side so can move very quickly 

[Mog7546]

I am sticking to my prediction: "Short term, I expect no price movement in price until well 2 is producing at a higher capacity... could take another couple of months" Should start going up to .20 by mid-May... until then, no interest 

[MJB4231]

That's fine and I understand the science taking time to ramp up production but we can't be a single well company and expect SP increase. The management team boasted about a Mena project for approx 6-8 months or more and not a single peep as to what it is. Delay to well 3 & 4 was explained and justified due to mother nature and common in the industry. Guess all we have for the next few

[Mog7546]

I think their timeline was overly optimistic and probably unrealistic.  Everything takes time.  That's why I sticking to my .20 per share value by mid-May.  They probably got distracted with their MENA plans too.  Let's get 5 operational wells within the next year first.

[Tekeela1]

I know these guys at Sonoro have mentioned MENA, I'm not sure why they would get an opportunity in the Middle East or North Africa!  So many more companies that would have more money to take on such an opportunity!

[Jimmy1page]

Wishful thinking