Member Info for Kerosene75

Feels like we are being trolled

It certainly sounds more encouraging.

How long before we get an official declaration on the plans for Sunrise?, reading between the lines, it seems a decision on Chuditch is contingent on a deal on Sunrise being negotiated.

Snda

Inpex are scheduled to have the valaris 24/7 from May to August of this year. Eni from August to October, Eog from October until December, subject to permits being approved and then Sunda gas from late Dec/Jan '25.

For boil to rise significantly, it needs news. Fortunately, I think we will get news to coincide with the agm and details of finance when boil is reinvented as Sunda energy.

At the start I wasn't convinced about the need or urgency to change the name. But if the financing etc is sorted it would make sense to make the big announcement under the new branding ie Sunda energy

I would imagine an rns before June 18 is still required. A drill or drop decision is still required, I don't think having confidence we will drill suffices.

I don't think we will see anywhere near them figures until the results of drilling program are revealed., which could be as late as May 2025.

It's subject to approval at the agm.

The Agm is usually held in June, so hopefully not far away.

The fact Timor Gap increased their stake in Chuditch recently reassures me that route to market will not be problematic

The fact that Timor gap increa

News in less than 4 weeks, good or bad. We may just sit tight.

I think Andy Butler is prepared to put his reputation on the line over this upcoming drilling program. There is a quiet confidence about him and I'm more than happy to sit back and see how things develop.

There is a significant amount of work to prepare in the immediate term to go ahead with the drill, but with rig availability in December, maybe even October, that should be the motivation to keep things moving forward.

I thought you have only been a member here since November '23 HFB, I mean VisitTimor.

Anyone pinning their hopes on Dunrobin are either; in for the long haul, or they are complete buffers.

Unfortunately I'm of the same opinion as you Jarvy. The last raise has shattered any optimism I had for this investment, and further dilution down the line seems inevitable. By the time the drilling is completed and hopefully a sale of Chuditch/Sundagas, what % will Baron actually be left with.

If the q4 drill at Chuditch is to progress on schedule, when are we likely to hear about the financing around it? This year promised so much, but with the rock bottom placing, any momentum or optimism has been sucked out off lth.

I've read it twice Neill, that was enough lol