Member Info for CDF1

Eddie563 - yes I am very positive about the sale of chuditch :-)

My post saying about extension :-

CDF1 Premium Member

Posted in: BOIL

Posts: 3,491

Price: 0.085

No Opinion

RE: Woodside21 Nov 2023 08:51

As expected tbh passiton :-/

Probably be another extension now from AY & co ..

Eddie563 -

Not at all, this will come good, have no fear of that, but it will take it's time.

I did call an extension, I also say a placing is coming at some point, and this will be subjected to pumps & dumps before a sustained substantial MCAP is reached or asset is sold.

Just voicing my opinion that's all.

ATB

ASI -

What were / are your thoughts on the latest RNS ?

Obviously we know the current situation with debt extensions, don’t think the ‘diamonds’ can be taken into account at this stage as no sign of them and the likelihood that’ll still be the case in another 1-3 months!!

So how do you think ‘AP’ will deal with what’s ahead atm ?

Thanks in advance

Jesdster -

At earliest it will be late 24 / early 25 before we begin to see any substantial changes in the mcap that hold.

For an asset so huge all the i’s need dotting and all the t’s need crossed, anything in between will be just pumps & dumps!

ATB

ASI -

As always appreciate the honesty :-)

Lets hope the road ahead is smooth (ish) and not too bumpy !

ATB

ASI -

Good work, sounds like you will hopefully build an even bigger holding here at Vast :-)

What is your target price for exit ?

Did say to passiton a couple of weeks ago that there would be an extension, it was so obvious ..

Next thing will be a placing !

He has bought 10k's worth ! lol

Would have been more impressed has that had an extra zero on the end !!

Many here hold much more than that ..

The real action starts 2024, until then it's business as normal, just some paper shuffling..

ATB

Will be really sorry to see you go passiton, thank you for everything, has been a real pleasure :-)))))

Take care and all the best for the future my friend :-)))))

There are some BIG players involved now.

The benefits mid-long term far out weight the risks.

Trust the process as this could be life changing IF you hold enough stock!

Https://www.oedigital.com/news/507178-namibia-grants-global-petroleum-partners-2-year-renewal-period-for-offshore-block

Oil and gas company Global Petroleum said Monday that the Namibian Ministry of Mines and Energy had given approval for the company and its partners to proceed to the First Renewal Period ("FRP") of Walvis Basin license PEL 94, with a duration of two years from September 2023 to September 2025***

Must be part of the 'MM' brigade lol

Lots of new ppl will be backing this horse ..

All good things come to those who can wait !!

Am sure they are fully aware of this and furthermore already have a plan of action ..

Don't think we are dealing with novices !

The big gains will come for mid-long term holders moving forward and not the traders looking for a daily 10%

The PPL that have taken over are multi millionaires, if they wanted they could of bought them out, no doubt some deal has been done to offload them without any fuss or comeback.

Gosh if everything you are going to write has negativity attached then I ask WHY are you even here / invested POC !!

Torino -

Couldn't agree more - very exciting times ahead :-)))

ATB

POC -

Let's give them a chance eh rather than doom & gloom from the off !!

GL to ALL those who can be patient enough to see what the coming weeks / months might produce ..

No doubt this will be traded now probably until the last few days leading up to the 18.12.

Then it may go ballistic !!

The 18.12 will go one of two ways ..

. An extension to coincide with the concept study be carried out in 2024.

. A green light Chuditch drill in 2024 so that we are ahead of the game and the asset is proven.

It's a 50/50 but IMHO I think 'BOIL' would be foolish to hang back now !!

Been a long time coming but think next year will be a BIG year for us all :-))))

ATB