Sonoro Energy Ltd (SNV)

[small_timer]

I agree. The lack of news, or any measureable progress, on Albania, SonoAsh as well as the Alberta/Shell venture is concerning.

Prior to the conversion to Sonoro, I was concerned with where the company was going with the technology. It really seemed to me that they an unproven technology company, at least in a commercial sense, with a significant money problem.

Now that the company is primarly focussed on the oil and gas adventure, I hope that the company will become more like and oil and gas company with a technology problem. By this I mean that they should be able to generate cash flow with the oil and gas ventures, which could be used to fritter away on the technology problem(s), if they were still inclined to do so.

If the technology can be proven on a commercial scale, then good things should happen. I've been riding this technology company for 10 years - seems like forever - and the only brief excitement I've seen is the short lived run up to $3.

Here's to hoping that the oil + gas assets in Iraq, combined with the management team, can turn this into something. Feels like this will be a long ride though ... probably more than 1 - 2 years.

cheers !