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Earl missed the boat lol

Quite possibly finish around the 0.20 judging by the volume of buys

Volume is insane

Only just gone past the 1 hr mark since the breaking news and it’s gone mental

We should be expecting another RNS anytime now with the confirmation of the farm up in due course

Load up time…

Only 30 minutes since news released and this has shot up like a rocket

This is just the beginning of the re-rate…

Visit Timor

Slight typo there lol feeling a little too happy atm lol

Expecting another RNS anytime to confirm completion of the farm out has now taken place

This will now begin to ‘boil’ again!!!

Absolutely brilliant RNS

Completion of the farm out to take place in due course!!!!

Farm-Up with TIMOR GAP becomes Unconditional

Further to the Company's announcement on 24 January 2024, Baron Oil Plc (AIM: BOIL) is pleased to confirm that, following approval of the Farm-Up by Timor-Leste's National Petroleum Authority (Autoridade Nacional do Petróleo or "ANP"), the Condition Precedent has been satisfied.

Accordingly, the Farm-Up Agreement between Baron's wholly owned subsidiary SundaGas Banda Unipessoal, Lda. ("SundaGas") and TIMOR GAP Chuditch Unipessoal Lda ("TIMOR GAP") in relation to the TL-SO-19-16 Production Sharing Contract (the "Chuditch PSC" or the "PSC"), offshore Democratic Republic of Timor-Leste, has now become unconditional.

Completion of the Farm-Up will occur in due course.

Waiting until the golden RNS drops…could it be tomorrow? Let’s stay calm, remain invested and wait and see :-)))

Goodness me, this is more like it!!

The moment the RNS lands confirming approval from FDA this will explode… :-)))

Patience is a virtue.

Just a matter of day/days really now :-))

The Baron Directors consider that the Farm-Up by TIMOR GAP has a value to Baron of approximately US$8.5 million made up of a reimbursement for back costs of c.US$1 million and in the offset of future spend which in 2024 is estimated to be around US$7.5 million. The cash payments from TIMOR GAP relating to back costs will be finalised upon Completion and will be paid to Baron within 30 days of the Completion date.

Fantastic piece of news this morning!!!

This will now re-rate upwards into double digits

HH

Now is not the time to get off the Bus, not after being on it for 4 years!

If anything those getting off now maybe running back to get on it again before the price shoots upwards lol.

With news just around the corner I’ll stay seated for now :-)))

By the time we get confirmation of FDA approval this maybe above 4p…

Don’t delay buy in today :-D

It would be madness for anyone to be selling at these prices knowing that the company is a mere few days or a week or two away from receiving consent from the FDA!

Stay invested and stay calm :-))