Member Info for Dulyred

That is the beauty of this share now. they could drop a BIG Rns at any moment now to confirm the drill.

I was going to post but then saw the flurry of activity that this exciting news has yielded and gave up hope. investors fatigue I reckon.

You would never have known that Sunda Is on a knife edge of greatness or monumental failure just by looking at the trading action. just 4 trades this morning perhaps suggesting the latter. hopefully news middle to late next month will put us out of our misery

Let me pull a number out of the hat too. uhh finger in the air maybe 0.234

100 million MCAP = 0.39 p

200 million = 0.79P

400 = 1.59

800 = 3.18

1.6 Billion = 6.36

don't think I need to continue

Corporate good luck with that. between 1-2p if you are lucky. go by MCAP prediction then divide by the confetti amount of shares in circulation you will se that you are asking a lot. with an gas filed that worth perhaps a billion. but who knows what is available in the wider region. one can but dream.

I would like to see this taking off before the weekend, a little FOMO would be nice in anticipation of a possible RNS on Monday.

I would argue that considering the government own 15 % any potential candidate will meet the minister, probably fairly on too. We will see on the dates very happy to be proved wrong on this one 😁

10 p, so many morons on these boards go and play somewhere else will you. 0 understanding of the fundamentals.

Due diligence could take a few month. We won’t know the details in till November / October time I reckon. Possibly why there has been such a luke warm response the new news. Think AB was cornered into releasing something. This could actually hurt the SP long term. It will cool off and drop back until the details of the deal are known. Traders fear for the time being while long term holders will have ride another wave.

I like the use of the word additional in the RNS statement. sounds like he has options but is exploring further or perhaps looking into a combination of funding options. can only be positive in my book.

"The Company continues its discussions with additional potential funding partners regarding participation in the drilling of the appraisal well in Contract Year Three. These parties include potential strategic investors into the Chuditch project and enterprises with an interest in developing and / or taking the gas resources to market. Whilst there is no certainty of any of the discussions reaching a completed transaction, the progress is encouraging, and the Board is confident of the financing being in place in time to enable drilling of the Chuditch well as planned in early 2025."

Seems very quiet for a busy week.

Yep they ticked it down gaps need filling as they say

Nice steady sideways trading till close will do me. if we can hold above 0.1 till close then that would be great . I do fear the ever dump on news action. As there will be some time till drill results, a lot of peeps in here are only rainbow chasing ( tick tick generations I am afraid. attention span of a nat).

Pretty flat tomorrow I reckon

They are doing a fine job so far, 95 on the bid seems to be a stumbling block for the time being.

Nice try

Just expects some MM games today while the chickens head for the door

We will just have to sit within this range until 20 billion shares or so have been churned before we make any significant moves. any news provided now will just be negated by massive sell off when the SP attempts to rise.

Terrible news this placing, RNS clearly reads there is no JV in sight at all. More placings to come in future, probably need another 35 billion shares or so the get to their target figure so next one will be around half the current placing. Think I’ll cut my losses tomorrow.