Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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Would be awesome
What do you all think, update coming to the market?
Dr Andy Butler, Chief Executive Officer, commented:
"The successful completion of the Site Survey, leading to the selection of an improved drilling target location with optimal seabed conditions, is another key milestone towards drilling the Chuditch-2 appraisal well. We look forward to providing further announcements on the Chuditch project, including with respect to well planning, execution and drill funding, at the appropriate times."
ceo seems to say , it will come when it comes, from the last Chuditch update rns.
Fun over, her indoors wants a family BBQ this weekend, forecast 22-23 degrees, my BBQ patio area and garden look more like the day of the triffords? at the mo, bang goes the rest of today and tomorrow.
PD they have to update by the 19th June
Https://www.proactiveinvestors.co.uk/LON:BOIL/Baron-Oil-PLC/
"Evidently, 2024 and early 2025 promises to be an exciting time for Baron and its shareholders.
Investors will understandably be watching the closely as the project advances."
@ifiknew
Iv done my graft last weekend bud
Contemplating bbq this weekend good luck
I just want this JV news asap and rig contract I think this will be a mega catalyst I genuinely believe we will fly past .1s i expect and hope min .2s
Whatever the case it’s gonna be a big rerate just wish had some dry powder to add more down here
Gla
The next material item on Baron’s to-do list will be the signing of a rig contract, to secure the timeline to drilling – all the usual planning and permitting items will also need to be checked off too.
"We're also very much looking ahead to what happens after well, and how quickly can we move forward with future activities,” Butler added.
"We're moving forward with fast-track development type of thinking."
Means we should hear news very soon then!
https://www.proactiveinvestors.co.uk/companies/news/1047181/baron-oil-gathering-momentum-as-its-counting-down-to-exciting-appraisal-campaign-in-timor-leste-1047181.html
Chuditch, first found in 1998 by Shell, has the potential to be a significant and valuable project, not least for the state of Timor Leste as the project promises to be a new and important input for its economy.
"We have something that we originally thought was about 700 billion cubic feet of gas."
"The work that we've done has demonstrated that in our mid-case, the resource for the discovery is about 1.2 trillion cubic feet of gas. So that's more than a 50% increase in the resources that we thought were present."
Importantly, it is not just the project that’s moved on since Shell drilled in 1998.
The Asian gas market has developed significantly since then.
It is now a very robust market regionally, and, locally, Chuditch is in the vicinity of infrastructure which means the project can potentially delivered commercially without huge capital costs.
29mil buy just in, get to 0.2p again and they will see over 200% ROI :)
Share price has sat here long enough. Has to move up or down. The market has rejected the downward move time and time again with the dips bought a hundred times. The news potential is significant to drive this up. I am excited.
Hi chaps, FOMO funky Friday tomorrow, let's see this go to a cool 0.1 by the end of the market closure tomorrow in prep for next week.
Your not wrong Furion, graft indeed, stopped for today before the elastic band in the back goes ping
Talking of crap hello Bargain _Seeker
25mil buy just dropped. I personally think this will soar tomorrow. It's breakout time.
Wait up , just looked on the Timor Gap website, this down as today but inside , about
https://www.timorgap.com/newsroom/in-the-news/
https://www.forbes.com/sites/davidblackmon/2023/05/09/timor-gap-woodside-petroleum-detail-greater-sunrise-field-plans-at-otc/?sh=2bb65a8ca048
The Offshore Technology Conference (OTC) hosted a bit of history in Houston last week, as representatives of the Timor-Leste national oil company, TIMOR GAP, and Australia-based Woodside Energy appeared on stage together for the first time to discuss a major offshore natural gas opportunity.
on stage first time together, sounds like , its a done deal already, that should create some interest.
FORGET THAT POST
it was last year May 9th 2023
Sun addled brain, saw the date and got excited