Member Info for Kerosene75

Nail on the head swampmonster. I haven't has as much as an email from H/L

He is up for re-election this year.

Is the concept study due by the end of next month?

It's very difficult to assess how advanced Sundagas are regarding drilling finance. I thought we were to receive clarification by Jan 31, I must have misinterpreted that deadline.

You have roughly 12-13 months to research thoroughly, no need to panic just yet.

I'm waiting until sale of Sundagas, 12-14 months hold in my opinion. Genuinely wasn't expecting a bounce on today's news. Rumours of possible drill in q3 could hopefully see a sale late this year

It's nothing that we were not expecting. To me it is more of a formality than anything else. I'd be suprised if there is a significant positive impact on the sp due to this rns, hope I'm wrong but news regarding drilling finance is much more important.

I think it will be early 2025 before we see an sp that reflects the value of Chuditch. Baron will complete the drill, maximise the value of Sundagas and sell that part of the company off. March 2025 is my guess.

I think it will be early 2025 before we see an sp that reflects the value of Chuditch. Baron will complete the drill, maximise the value of Sundagas and sell that part of the company off. March 2025 is my guess.

It's been a very quiet start go the year regardless. If there is an extension to the mou at the end of this month, its difficult to see the drilling program taking place later this year.

I'd settle for an unsubstantiated rumour at this stage.

When news comes, it comes fast.

Block P is significant for sure.

Hopefully in the New Years speech.

I think things are set up so that if someone wants to buy Chuditch, they only have to purchase Sundagas, 100% owned subsidiary of Baron oil. It also means the company that buys Sundagas can avail of any benefits or deals negotiated with Timor-Leste.

It would be ideal to get news from the North Sea before we get news from Timor-Leste

No date for Timor-Leste conference either. It was originally scheduled for Nov 20, just 5 days away.

I'm holding out until there is a buyer for Chuditch. I think the management are holding out for the maximum prize, which will be after the drilling program late next year. So early 2025 is my estimate.

Gy

Sorry Ratr, I meant in terms of news expected this quarter. I was hoping the conference would be a catalyst for news from the region and Chuditch in particular. Not necessarily negative that it has been delayed but a bit frustrating.