Member Info for Jarv55

Spot on Meadow, for those of us who have researched properly, we know the risks and the potential rewards.

Boil are not producing any revenues at the moment they may never produce revenues, Trp are no different, they have placed time and time again, Boil has just under £7mill in cash, has a Ceo who is a geologist and who is very passionate about Timor Leste, he also owns a fair amount of shares and has options that can only be exercised if he gets Chuditch drilled . We already have a 26m gas discovery found by Shell. We are on the path to getting PROJECT funding to drill a second well, Baron are in talks for the JV . Baron have 4 assets in Chuditch, NE Chuditch sits right next door to Eni's asset Block P, Boils block of assets could of fed the Greater Sunrise project with Gas. The value of gas and condensate resources in the Sunrise field has been estimated at more than $US50 billion ($70.2 billion). Let that sink in.

We have many majors surrounding us Eni, Santos and Inpex to name a few, the reason we are here is that Chuditch could be worth billions of dollars so for us it doesn't matter if Rob Collins was a Cfo of a company that didn't win an arbitration award. What matters is that we get funding to drill this well. Andy Butler is a man of integrity if anyone can get this deal done he can. If we can prove gas is in Chuditch2 and its commercial then Baron may possibly sell the assets, then move on to buying others in the region.

Worth a listen https://www.youtube.com/watch?v=KJ8cJxJhMIE

Just bizarre trades Luckybob

Are the unknown trades warrant transfers?

Sorry fat fingers should read corruption. If you actually did some dd here Kever you would see just how silly your posts are.

Kever you really should read barons Corruprion and anti bribary documents as well as the policies they have in place for Corporate Governance.

At present, the Company considers its principal risks - business, financial and operational – to be

the following:

• Management of liquid resources and cash flow

• Exchange rate fluctuations

• Cost overruns and delays

• Exploration and drilling uncertainties

• Oil & gas market conditions

• Government, regulatory and community actions

• Management of fiscal regimes and free movement of cash

The Company adheres to its financial position and prospects procedures memorandum (FPPPM),

which sets out a framework of internal financial controls, the effectiveness of which is reviewed

by the executive management, the Audit Committee, and the Board in light of an ongoing

assessment of significant risks facing the Company.

The Board is responsible for reviewing and approving overall Company strategy, approving

revenue, capital budgets and plans, and for determining the financial structure of the Company.

All material contracts and expenditures are approved by the Board. Monthly results and variances

from plans and forecasts are reported to the Board, together with forecasts for the current financial

year and the following year.

The Audit Committee assists the Board in discharging its duties regarding financial statements,

accounting policies and the maintenance of proper internal business, operational and financial

controls.

In addition, Directors are covered by the relevant Directors’ and Officers’ liability insurance and all

drilling operations are appropriately insured.

Rob Collins has over 20 years' experience in natural resources corporate finance, advising on a broad range of corporate transactions spanning various commodity groups and transactions primarily at Evolution Securities, Canaccord Genuity Europe and GMP Securities Europe. He has successfully advised on numerous IPOs, public and private equity raises and M&A transactions for many UK, Canadian and Australian listed companies as well as acting as CFO for Victoria Oil & Gas Plc. Rob commenced his career at Coopers and Lybrand and is a qualified Chartered Accountant.

Boil have been very transparent about where he worked. Kever you really do need to start reading the rns' if you are goinng to sharpen your deramping skills. Really can't take you seriously at the moment when you don't have a scooby doo about the fundamentals on Boil.

Kever Vog had problems way before Rob joined you may want to go back a few years. Also he is not on the bod. https://www.thisismoney.co.uk/money/markets/article-2542216/Bitter-dispute-oil-firms-RSM-Victoria-Oil-Gas-set-return-arbitration-courts.html

Do remember Andy Butler is in charge at Boil he will be directing where the money is spent.

Good to see this is finally moving.

Mirriad Advertising plc (AIM: MIRI), a leading virtual in-content advertising and virtual product placement, is pleased to announce that the Retail Offer launched on 2 May 2024 via REX has now closed and the Company has conditionally raised gross proceeds of £0.49 million through the issue of 39,291,490 Retail Offer Shares at an issue price of 1.25 pence per new Ordinary Shares (the "Issue Price"). Accordingly, the Company has conditionally raised, assuming the Directors' Subscription proceeds as intended, total gross proceeds of approximately £6.79 million pursuant to the Placing, the Retail Offer and the Directors' Subscription (the "Fundraising"). The Retail Offer included a £200,000 order from an existing institutional Shareholder that did not participate in the Placing. No retail Shareholders were scaled back in order to accommodate this order.

The Firm Placing is conditional upon, amongst other things, the Placing Agreement not being terminated in accordance with its terms and First Admission. The Conditional Placing, the Retail Offer and the Directors Subscription are conditional upon, amongst other things, the Placing Agreement not being terminated in accordance with its terms and the Resolutions required to implement the Conditional Placing, the Retail Offer and the Directors' Subscription being passed by the Shareholders at the General Meeting proposed to be held at the offices of Osborne Clarke LLP at One London Wall, London, EC2Y 5EB, at 10.00 a.m. on 23 May 2024. Shareholders should note the change of location of the General Meeting from the one notified in the Launch Announcement (as defined below).

The Circular, which provides further details of the Fundraising and includes a notice convening the General Meeting, will be sent to Shareholders today and will also be available on the Company's website at www.mirriadplc.com/investor-relations.

Santiago you don't half chat some rubbish

Kever is Boil in arbitration?

Expect Ford to be let go altogether now personally would like to see just Cavendish as Broker to save some more pennies and a name change.

Looking at the link Charlie found there seems to be an interest in Indonesia

Asia Pacific Event

Technical Overview and Development Status of the Prolific Middle Jurassic

Plover Formation Gas Fairway: Timor-Leste, Australia and Indonesia presetnted by Andy Butler Sundagas.

https://asiapacific.ges-gb.org.uk/files/2024/05/AP24_Programme_02.05.24.pdf

Old article but worth a read https://www.bnnbloomberg.ca/lng-demand-will-surge-50-in-next-decade-woodside-ceo-says-1.2039594

What is good about it is we won't be wasting hundreds of thousands pounds on Bod members who sit back and do nothing for their money while diluting us into oblivion, no more throwing good money after bad on licences that we can't service. We will now concentrate fully on Chuditch and getting the funding partner(s) to take the project forward and judging by the last line Andy wants to expand into Aisa a growing Gas and Oil hub.

Https://uk.investing.com/news/economy/unicredit-raises-investor-reward-goal-after-profit-tops-forecast-3477595

Just need the financing and a solid signed deal.

I am happy they are not proceeding with Labour coming in they will finish off the North Sea.

I do like the last line.

We note that Baron has not been offered any blocks in the offshore UK licensing round, which, together with the previously announced relinquishment of UK licence P2478, means that the Company has fully withdrawn from the UK. We can now focus all our attentions on our core area of SE Asia, where we have an exciting and valuable asset in Timor-Leste, a highly experienced operating team and a pipeline of material new venture opportunities across the region."

For me I take everything Az says with a big bag of salt! However Albert was pretty honest at the last Agm and more conservative with expectations, he said then we wouldn't gain traction until this year.

He wrote this in the Annual report and seems more positive than before. so lets hope they get this funding sorted along with the WL and they can finally start scaling up to break even.

Albert Ganyushin, Chairman, SYME, said: "The progress with the White-Label IM in partnership with a leading commercial bank, tokenisation backed by leaders in digital asset finance and now the agreement with a neo bank to fund companies from our Italian pipeline, clearly demonstrates the market relevance of our innovative product, which is evidently gaining traction with leading players in their respective market segments. The team managed to overcome many challenges in 2023 and put in place foundations for SYME to start delivering in 2024 on its tremendous potential of reaching a large addressable market."

They need to get this delivered.

Following the inaugural IM transaction, we continued the progress into 2023 and have taken the IM model to institutional investors. Firstly, through the Open Market Inventory Monetisations taking place that were announced during 2023, and the agreement with the Italian neo bank recently announced. Secondly, by the accumulation of work conducted during the year which resulted in the signing of the White-Label commitment from BBPM to deliver inventory funding to an existing client of BBPM through our IM Platform. The significance of the engagement of institutional investors and highly reputable banks in these transactions cannot be understated. It demonstrates the credibility of the model we have been working to develop.

For me the presentation was a little disappointing as in they could of added slides to show what they were talking about. Don't like not seeing their faces either but that is just me. Think the last two were far better and think they should of kept to Sashas format. Saying that I would be useless at presenting and its not an easy job. As for the content I think Nick was honest as to where we are. You have to listen to it a few times to pick up the details. Especially from Remmy on Botswana. News due to come from Botswana first, looking forward to what they are planning there. Maybe they need to stick to just rns and Twitter. Really would like Remy to give an interview at some point and personally think he should be Ceo.