That could be a new JV partner sector player , Banks. finance house, or the likes of the Japanese national and city gas companies, who are involved in many such projects around Australia , JERA , Tokyo Gas , Osaka Gas (Sunrise) and many more, they take part to get preferential gas offtakes from production.
He will get a good deal, he has the standing and contacts in the region, the old bod did not have.
Which he has repeatedly stated is to be NON EQUITY for the drill.
That does not fit with his much used words , NON EQUITY FUNDING , does it.
Andy and his team do such talks and conferences all over the world every year, for years as part of their other bows, Andy's being his vice president role in SEAPEX, he rubs shoulders with the elite all the time, now he is in charge, he can leverage those contacts to get us a great deal.
Dr Andy Butler, Chief Executive Officer, commented:
"These are very exciting times for our Company. With a recently refreshed and energised Board, a strong pivot to SE Asia where gas is in such strong demand, and the new proposed 'Sunda Energy' name, the Company looks forward to a bright future. The progress of our preparations to drill the Chuditch-2 well, both operationally and in discussions with potential drill funding partners, is hugely encouraging and I look forward to providing regular updates as matters progress."
Discussions with certain additional parties continue and are progressing forward in line with the board's expectations. 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.
In another rns , he states , many offers , some are very interesting in nature. Andy will get it done.
Try a very basic bit of DYOR , the ceo NON EQUITY funding for the drill coming, not placing.
Heading for 600 trades today across our two platforms, could have a thousand trades by close, time for the septic tanks to join in.
Gone over a billion shares today , our secondary market at 155m
https://www.lse.co.uk/SharePrice.html?shareprice=BOIL.GB.PL&share=Baron-Oil-Plc
leaky , leaky
Our little unicorn pumping, springs itself free of the lows, here comes the herd
https://www.shutterstock.com/shutterstock/photos/1665118708/display_1500/stock-vector-cartoon-farting-unicorn-flying-away-vector-clip-art-illustration-with-simple-gradients-all-on-a-1665118708.jpg
Just look at the map, the next drill is in the red area in a 149m pay section of the Chuditch ch1 drilled (25m area) by Shell, just look at the rest of the leads around it, massive volumes beyond the current focus area.
https://www.offshore-mag.com/production/article/14303362/timor-leste-government-strengthens-support-for-offshore-chuditch-well
Do not remember either of them being in South Pacific
Non equity finance for drilling with , new partners (jv) or sector financiers
Wow , volume building and our secondary market also about to hit 100m for the day
https://www.lse.co.uk/SharePrice.html?shareprice=BOIL.GB.PL&share=Baron-Oil-Plc
RR?
That wishful thinking , 10 bagger in a week , or a weak stock going to 10 bag soon ?
Thanks for the data, ask looking good to rise, bid needs to follow it closer and narrow that gap.
Not so sure about that, he reported Cameroon Ministry said going to fast track extension of expired/expiring license and look how long that took to arrive.
He can, clearly fluent in a hybrid language of Esperanto and Gibberish
Been reading him, looks like on many boards and needs to visit confused.com
New name soon to Sunda Energy, might also get rid of the old bod bad smell legacy, posters keep talking about. New BOD, New Name , New Vision of a rapid rise to be a New regional major Gas player, Sunda , JV will give Sunda some market thunder.