Member Info for Cloudwatcher

I see that it was Nov '25 that I posted i had sold the last of these. It was a painful experience bearing in mind I bought the first tranche in Gold Oil a good 20 years,ago and feel sure I paid 4p at the time. It looks like Chudditch is lost and the Phillipines is the new dream with NZ to keep board salaries flowing. What the history tells me though is that there will be a short term bounce. When and how much is anybodies guess. Is it worth the punt though

Having sold out of these several months ago I haven’t been following progress. Looked in today and had quite a shock thinking I had missed out on a massive rise in share price given that I sold around .05p. I now see it is the opposite and my decision to sell, albeit at a substantial loss was the right decision. Sorry for all those long termers still here who have been royally shafted. Must admit given I did all right putting the funds into shares which actually rose in value I do wonder if this is now worth a small punt for a short term 20-25% increase although perhaps I missed that boat this morning.

And so says all of him!

Sure I've heard that a few times on this board!

Flew ezy into Gatwick today on a route I do several times a year. Was very surprised by the number of empty seats on the plane. In fact Gatwick itself seemed remarkably quiet. Hope this is not the new normal.

I no longer am holding these and am happy I sold but just wish I had seen the light earlier. Expect the next significant news to be walking away from the Chuddich licence and being 'very excited' about the prospects in the Philipines in perhaps 5 years time. Deja vu like z34!

The fact that we are not being told the content of this does not inspire confidence that there are any quick or cheap solutions.

The lack of news re this gives me the impression it's not good?

I really can't now see them being able to raise funds for the drill without giving away most of the asset or diluting existing shareholders out of existence. Feel sorry for all who put money into the latest raise. I guess it keeps AB in a good salary for a while longer. I'm out and lacking my wounds.

Not sure about this but did I see something about Spanish govt planning to take a much tougher line about Airbnb accommodation? That would have an impact.

Good. I see this as the work at Zulu continuing and when we do get news it more likely to be positive. If the plant run had been a failure it would have stopped and we would know. Very tempted to buy more this morning. GLA.

Sadly I now see these as a 100% write off. We have been sold b/s for too long. All the talk of numerous interested parties in the data room and no equity dilution were nonsense and must have been known to be untrue at the time. Would like to know if previous board members still have all their shares,or did they dump them quietly as soon as they could. To all the long term holders on here I wish you luck but I certainly wont be putting any more in and would sell the lot on a small spike. If Sunda goes bust the gas will still be in the ground. (If it really is there!) What price would you accept now if an offer were made?

Filthy, 2 words come to mind. Straws and grasping. Sorry!

Not completely true. We have been told the plant is capable of producing 'saleable product'. As yet we don't know what if it it can produce consistently and at a scale to make it viable. I'm encouraged that those with better knowledge then me (oems?) Consider it worth continuing the optimisation when they must know the chances of getting paid are slim should it not produce.

as i see it ,looking back to an rns dated aug '24 we were set to drill in early '25. here we are in late 25 and we don't even have an environmental permit to drill. were the company unaware of the requirement or the timescale or were we being sold bull**** about the drilling schedule? there has been lots of love for ab since he took over but what, apart from halving the sp, are the results?

'We’ve all waited so long so the way I view it what is another 12 months max and the SP would be much stronger 😀'

....but this time last year we were saying this time next year Rodney

So I guess no rig contract until late July at earliest. Constant failure to meet timescales seems to be coming the norm.

Any one else surprised we have no news re this yet?

Is it really 12 years since the duster in Peru? How time flies!

Reluctantly I agree with You Jarv. Surprised to see the overwhelming positivity from lt posters whose opinions I greatly respect. Hope they are right and I'm wrong in my interpretation.