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Good evening.
Not a bad day considering the additional 5 billion shares on the market.
If all goes to plan could be worth 100 million plus by this time next year.
There are many companies worth many times our mc and have much smaller potential assets and no income like ourselves.
Tomorrow could be interesting.
In RNS language you can't do better than be " delighted". And " Excited".
Looking good
Hi @hfg
How would you value the potential gas in the Chuditch gas discovery on production. My question is similar to how there are possible valuations for the COPL Atomic deal taking into account oil price, market cap of competitors, production, operating costs, etc.
I am just trying to obtain a view of potential market cap based on the information in the public domain.
Any insight would be much appreciated.
Duly
was in EUA bought in as low as 0.17p but mostly in the 0.4/0.6p ranges and in that
dog for about 6/7 years before it barked same with GGP
Been quite a few, I am as said on copl board great at spotting them way toooooo
early LOL
Coincidentally been in Boil a similar amount of time , so I guess it's time it roared
also :))
Not the longest in my PF that title held by orcp/gcm about 11/12 years OOPS
Patience , Patience and Patience
The gas and oil saturated Timor Gap seaway between TL and Australia is back open
for business, with others already back in operations and at least 2 others having
announced drilling and production plans soon
Time for us to get our huge discovery license moving also and join the party
:))
New focus on board? Did old chairman step down?
When fully diluted that target of 0.244 will still only be a market cap of £25m
against an ex Shell developed asset worth billions , plus Peru , plus UKCS
Long way to travel for this one, once things in motion, especially now others
moving back into operations around Timor Leste after the years of politics
and inactivity
As said before why NOW, to raise and take majority control of SundaGas, when we have
been quite happy to bimble along, for the past 2-3 years since we attempted to RTO SG
100%
Why not just keep ticking along as they have , can only be guesswork but would you pay
out money you do not have to, or do not need to ,right now if you could leave it until the
end of the year
On License extension approval Feb RN-Announcement message
We are delighted that SundaGas has been able to get the Chuditch project back on track, with Baron's support and in collaboration with ANPM.
We look forward to updating shareholders as we move forward with this exciting and material investment.
The was also an online Timor Leste Oil and Gas conference in March 25th ((our raise coincidently
on the 24th March )) where SundaGas where one of the main participants and presenters on the
Chuditch license and DISCOVERY
As said guesswork but if I was cynical, timing seems to suggest that something is about to move
including our share price , once the placing non stickies have departed. GLA
:))
Yes PB
Large trades thin on the ground today
08:14 23,500,000 £15k
10:14 20,500,000 £13k initially issued as 20.0m and cancelled
10:15 20,500,000 £13k then 2nd trade of equal size
/
11:29 50,000,000 £30k Flag OILQ = Negotiated Trade waiver
/
Why pay for imports when we could drill and supply them more
https://www.energyvoice.com/oilandgas/asia/313393/east-timor-puts-a-number-on-potential-lng-import-volumes/
https://pemedianetwork.com/petroleum-economist/articles/gas-lng/2021/timor-leste-looks-to-lng-imports
The intense dumping of the Wongas. s o far has not continued on the same scale as before. It may pick up later but maybe the bulk has gone.
We shall see.
I currently have 9.1m shares. Not sure whether to make it 10m Lol
All the best folks.
shares hit but just need to be patient imo. ill have a rummage
Thanks for that.
Not very technically minded with share valuations.
That 0.244 equates to around the last share price/52 week high factoring the dilution
another tip all sites never adjust 52wk so never compare or the cries of we use to be 10p
you can never compare even on the same share unless the share base has remained
the same IF you have doubled your share base the 52wk is now half of what listed on sites
like this
That 0.244 should be looked at as the new base camp to rise from as the story unfolds
right l8r's
No Champion my friend as others will testify , well known around various platforms
for the in depth trawling but have been called a deramper on many occasions also
as always report the news found warts and all
Best way for any of us to survive the market, especially the wildwest casino that is
AIM is REAL information , not the self proclaimed I know ramper/deramper who
provides ZERO fact to back it up lol
:))
Everyone should keep their own notes on ceo/directors many of whom scab many
wage packets from many companies and never ever earn one of them, just keep
diluting and consolidating rinse repeat and giving them selves annual company
gifts I buy 1 share and I (company) give myself 2 Free, its like Sainsbury's only better
The clowns on a board will stupidly cry director buys, nope fleeced the company
again and got a wedge at 1/3 of the price you are paying
Every dog has its day but if those characters are involved buyer beware and proceed
with caution, they will pull the rug from under the share price with a prudent placing
or raise
That is another reason Boil is a good option, those involved here and the guys at SG
have good reputations for actually going out trying if not always succeeding to push
projects forwards to success
Bit like our copl board members will know , over there the CEO came to the Main Market
with a very high rep and the project went sideways for a while, now more than back on
track and we all set to be rewarded on SUCCESS
I personally see the same here at Boil, have the team, have the high impact asset already
previously proved up by Shell no less, others around TL now back in motion after years
of inactivity due to politics
Just need to get a new JV partner/operator as we appear to be absorbing SG vice the
RTO we tried 2-3 years ago (again why now and shows still have the same confidence
in the asset 2-3 years on)
Let that new operator , fingers crossed a return of an upper tier like shell who where
the original owners with drilling success before the political impasse , let them get
on with a fast track Field development/production and we just sit back and grow
be it bought out for a big wedge, so funded for the foreseeable (no placings yay)
or watch the revenues transform the company accounts on production win win
Not around much of today, fingers crossed we end up blue to keep Santiago happy
lol
Have a great day across all your shares
:))
Good morning all.
Just read the Allenby Capital write up. .244p a share valuation.
I think many would settle for half of that.
I’m sure some big players are sniffing around.
Another way to think about it is that our market cap has remain unchanged from the £4m range since our increase in SundaGas a month ago.
Surely, there must be a rerate once the placement shares are in sticky hands to reflect our increased interest in Chuditch.
Have a good day all and keep your research coming @hfb :)
yes that would indeed be a lovely day. Did I see a cheeky 0.055 on the bid to rock the boat a bit??!!! I would have thought they had plenty shares to play with at the moment. we surely haven't seen the bottom of the next tranche already. that would be very incouraging news indeed. HFB keep it up loving your research, think you are starting to become the Boards Champion, like Tilly is on EUA ( another good one to be involved but have largely missed the boat there I reckon could still be a few bags left if lucky)
Who knows
Boooom