Member Info for Kerosene75

He has already done that on October 15.

Oiltdr seemed to think that news might come from the Phillipines rather than Timor leste first.

There was a suggestion over the weekend that some might decide to cut their losses today. I don't see any evidence of that just yet.

It looks like most of us are going to sit tight and see how AB gets on over the next few weeks.

Nobody seems to know too much bar oiltdr.

If he secures funding everything else looks to be lined up. We are probably looking at a 10 bagger from our current sp or virtually bust, stakes are high.

Cdf1 no one has been belly aching week in week out. There have been red flags galore, investors have raised concerns, genuine concerns and doing this is not a personal attack on anyone.

We are looking for information, guidance and sometimes reassurance from others on this forum, there are contributers on here much more experienced than me and I try to learn from them.

Like in all walks of life there are people who look for the positive in every situation, others look for faults, scrutinise little details, criticise endlessly. The extremes of both are as equally tiresome.

Im hoping as much as anyone that Andy pulls this off, if he doesn't I've learned some valuable but expensive lessons. I was in here when Robbie sold out at .3p, I never sold a single share and that's on me. Best of luck to everyone over the next few weeks.

Compared to this time last year Timor Gap has access to more funding. Timor leste are members of asean and I vaguely remember something being set up to help companies finance projects in Timor Leste.

I've gone this far I'll see the rest of the journey out.

Could we be looking at another psc extension?

The next two months.

On a more serious note oiltdr, how do you think there next two months will pan out for Sunda Energy? And what concerns have Timor Gap got with their partners predicament?

The data room has been packed with potential investors for several years, Andy is just musing over the most beneficial offer.

I consider myself a genuine investor, im only asking questions that are of concern.

Would you be confident of Sunda Energy securing yet another psc extension?

If that's the case Cdf1, why did Andy state on Oct 9 last year that he expected the environmental permits to be issued before the Timor-Leste Energy Summit in November 2025. 6 days later he said he expected them to be issued before the end of 2025 and details of funding for Chuditch to be completed in 2025 also.

Nobody is forcing AB to make these statements, these are timeframes he is communicating. For you to suggest otherwise is shifting the goalposts and deflecting from AB's poor communication and repeated failure to stick to dates that he is setting.

If we are to drill Chuditch-2 in q2 ( and I hope to God we do) we will need news on funding, permits, rig hire etc asap.

Considering the drill was expected to start in early q2, I'd expect to hear details before March.

Its probably a bit premature to be looking for extension to the psc, there is still a very limited timeframe to get things over the line. And if he does il be the first to credit AB, but any criticism he has faced to date for missed deadlines, cln debacle, sp collapse etc has been justified.

Its easy enough for AB to say we have a world class asset, and we have all bought into it, but the difficulty is proving we have it and sourcing the finance.

I think most would settle for a sale of Chuditch now, and let Sunda progress in the Phillipines or Malaysia etc .

Some of the relentless positivity and championing of Butler can be nauseating too. He has destroyed the sp, already hung us out to dry over the cln and there are posters on here praising him to the high heavens.

There have been individuals emailing AB from the Telegram group, but the response seem to be vague and without detail or substance.