Member Info for Chrismills

For a second time in my Boil/Sunda interest, I’m guilty of scrambling around at 8am topping up shares as fast as possible, only for the share price to not move! Haha.

Nevertheless. An incredibly positive day.

Onwards and upwards!

Well said.

Errrm no if they’re paid it, it’s their money. Regardless of whether or not they got paid it from the company. AB is still taking £100k out of his bank account and investing it in shares. Taking a personal calculated risk.

It doesn’t matter whether he stole it off an old lady or got paid it from Sunda. You’re missing the point clearly.

Agree completely. It’s the drum I’ve been constantly banging. Would make absolutely no sense to drop that much on a dead end. Doesn’t guarantee anything unfortunately, but gives you a window into what they’re predicting the outcome will be.

AB said last summer (when all the wheels came off around helicopter gate) that the silver lining was we could renegotiate with potential partners.

He also said that TG funding the entire drill wasn’t an option at the time.

I wonder if that IS an option now, with ASEAN membership? To be clear - I don’t have the foggiest.

He also stated the issue with PLNG was the deal and the time frame. There’s a chance they might be back in the equation now?

Who knows. Who flipping knows anymore….

Definitely agree we need some form of RNS asap.

It’s also important to add….

A lot of people have questioned AB’s experience and acumen as a businessman. And used this as a reason for recent set backs in the company.

In case it’s of any use. As someone who has run successful companies for 20 years. And currently still runs 4. I can tell you categorically that the most important thing in business is how well you understand that industry and the connections you have within it. Certainly not what you studied at university or how many “business”/“finance” positions you’ve held previously. Of course business experience helps, but it’s not a prerequisite for success or failure.

A lot of people seem very convinced this share is dead in the water. Since the news in June, I’ve felt very disillusioned myself at times.

But at the risk of repeating myself, I’m still struggling to understand why the CEO would invest a further £100k in funds (very recently) if he was stringing everyone along and just taking his salary waiting for the money to run out.

If someone has some cunning, Machiavellian explanation that I haven’t thought of, please enlighten me.

Call me be a fool - but I’m still of the thinking AB is confident he’s going to get this over the line. Possibly with some dilution, but certainly with an eventual price rise, when it’s all said and done.

Blimey. That interview was totally bizarre. AB did well to essentially ignore the waffle and bring it back to relevant details.

Nothing new in there really, but encouraging all the same. I think the chap doing the interview didn’t allude to anything when he said Malaysia. I got the impression he just thinks Singapore is Malaysia! I could be wrong.

I’m actually most encouraged by AB putting his money where his mouth is and investing a big chunk. It would be a reckless move if you weren’t confident this could all come to fruition.

All conjecture as always, but I’m feeling more positive again.

Very relieved to get funding. I did take a deep breath around Trump tariff gate.

“In this difficult macro economic climate”. I wonder what happened with the PLNG deal…

Howler. Respectfully…

The drill Cos is 100%. So if you’re saying we will drill imminently and there’s a 100% Cos. Why is there little chance of success?

RTP007 I don’t agree actually.

For me this isn’t a bookies. There are bets and there are calculated risks. The more information you have about a company, the people behind it, the cash runway, the local politics etc etc, the more you can calculate the risks. These discussion boards are for sharing this information and using our collective input to get a clearer understanding of the share AND the risks.

RTP007. If it goes to 15p, the whole of Timor Leste are getting a steak dinner on me! It’s unlikely!

I think we’re over complicating things here. It’s a really positive RNS.

The RNS does clearly state that it’s not a done deal. There’s no denying that.

It is yet to be a binding contract, but a few approvals from ANP (who want it to happen) and we’re away.

There’s absolutely no way they would get this far with the rig without proof of funds or a guarantee. So it’s great news from a funding perspective as well.

Susan Boil. 😂

Credit it where it’s due!

Same old same old is fine, as long as nothing drastic has changed. Ie. Still Q2 drill, still locked in with PLNG, rig looking good etc.

As much as I would love some monumental news.

Info (and a link to register) for the webinar has just been posted on the Sunda website.

Ra11adw2. Guessing there would be an RNS at the end of October/start of November is one of the most impressive things I’ve ever witnessed in my life.

Tell me all your secrets. You’re a genius.

Ian12 you clearly don’t believe in this company. Why on earth are you here? Just sell up.

Obviously I don’t have the exact wording of the interaction, but Eddie has had communication that Chuditch is not wholly dependent on GS.

Perhaps they’re just waiting for the rig contract to be signed!