Member Info for Jackson123

I have a feeling deal is on hold until Australian federal elections in May 2025. I hope I am wrong as that’s few months away, just thinking why on earth is Australia stalling and not agreeing or committing to sunrise deal with Timor Leste yet…

I did say this in early November 💵

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No, usually it doesn't

Yo be honest it is baffling to sell at the moment as it thr time we were all waiting for, airline recovery is finally here and should be seen the share price performance sooner rather than later, look at united

airlines share performance as an example. 270p is underrated for 12months target in my eyes. My prediction this will be anywhere between 270p and 400p withing the next 12 months providing no war between Iran and Israel kicks off.

Was a good budget for AIM stocks

"Reeves said a 50% relief would apply in all circumstances on inheritance tax for shares on the alternative investment market, and other similar markets, setting the effective rate of tax at 20%"

New update retaining same valuation from September

https://www.allenbycapital.com/client/sunda-energy-plc-formerly-baron-oil-plc/

It is obvious that Pacific are holding final agreement until there is a route for gas export to be established by TL goverment.

The RNS does state there will be a carve out but it doesn't state by what percentage.

Drill availability update and cost saving is very encouraging.

My opinion this is an assuring update until that will be finalised once a refinary and pipeline is agreed with Australia under the sunrise project banner which we should have an update about by end of November.

Rumor has it Eddie pulled his finger out

@Shiny thankyou

Does anyone know the answer to this?

Thanks in advance

Reading into previous RNSs, the Contingent Resources of Chuditch 1 has been forecasted as 1.16Tcf of gas. Does anyone know if Chuditch 2 drilling is being completed to confirm this or if successful it will increase the capacity over the 1.16T forecasted? I couldnt find anywhere anything related to this?

Thanks

Ok thanks, if I am not mistaken the owner of subsidiary should own at least 50% of it, which means that we are looking to give away max of 50% of what the share we currently have. if my logic is correct, worst case scenario

Sunda will end with 30 percent

funding partner with 30 percent

timor gap with remaining 40 percent

Apologies if a silly question; do we think if we secure funding, this will be royalty based or equity based funding ?

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