Member Info for passiton

December Monthly update as promised (see old rns's) overdue
Said an update on Sarawak soon
Dunrobin seismic was due by Q4 2022, late Boil now say it will be in February
which is next week, so getting close

There's 3 starters for you, lol, its coming soon, just remains to be seen , how soon
lol

and to the earlier poster, Uplands market value, is way low, their own holy grail
Sarawak could be even bigger than Chuditch, only time will reveal that secret.
so expect that £6m to multi bag on their prize asset, should bag on Dunrobin
all 3 have fairly even holdings, so all looking at 30-40mbo perhaps more.

Dunrobin, previously called the biggest non developed North Sea DISCOVERY
left, at over 100 mbo, Upland said seismic finished in July, analysis ongoing but
early comment, the quality of the data has far exceeded their expectations

If that is the case, we should hope, it has revealed more secrets and a volume
upgrade to boot.

Upland up, RBD down, hard to gauge with upland, they have promised an major
update on Sarawak , so theirs could be that and our rise purely Chuditch

No , not this time both have been labelled EXPECTED in February
vice previous vague labels, soon , by Q4 , hope to get in.

Probably CDF, probably but higher would be nicer

Like they said in JV/Chatroom talks in late 2021 for chuditch, we still wait
all eyes on the CPR , on which it will be priced.

Unless an early mover, can expect the same with Dunrobin, Seismic update
and a CPR before things get resolved.

Dunrobin seismic overdue should add some to all but is a small asset to each
in comparison to their main asset, Chuditch , Sarawak and West Newton.

Us currently getting perky , them not, say's whatever this is it's US
aka Chuditch, or other news from Timor that affects us.

Could be that, could also be in general, the Timor signing up for International
Arbitration, makes their antics of the past removed from the equation, they
now agree new psc's from the bid round (none have signed was expected
last June/July) latest from ANPM now expect by the end of February, coincidence
or was the protection of that International security blanket ,what they had been
waiting for , for their own PSC specifics and were not waiting for Sunrise to sort
itself out.

Which ever it is, something changed

UPL and RBD only in with us on the smaller Dunrobin, the have their own
focal points, UPL in Sarawak and RBD West Newton, their own biggies.

If this is all about Chuditch , then they would not rise, as is the case.

Pi got bored, not big , big when they arrive/leave are usually in the £50k-£250k bracket
on most shares

Boil not a developer and they will look to cash in, if not get cash and retain
a small holding/ free ride drill, then sell.

Not their game, investor in assets, grab , move up and sell.

Still only £36m market value, 1p only £189m, the likes of 88e have hit
£250-£500m several times on rainbows and unicorns, hoping to hit big

Boil have a potential 500 mbo/e for sale across , Dunrobin but mostly
Chuditch.

lol, Jarv
and we all know it won't be based on 5.5 tcf, it will be based on the lesser figure
and CPR baseline for recoverable reserves and if lucky, something thrown in for
the extra potential.

Those 2 big trades the other day, probably him loading back up as suspected then, lol

high to break last time was 0.17 and it broke to 0.34p
dilution since makes that high to break 0.2599p

same again and 0.5p+ on the cards.

High is always , how much the market has previously valued a company, never sp
(moving goalpost) if you have reached £50m in the past and make progress, that
£50m and beyond is a valid target, not just some halfwit shouting, were going to £1
which we would be £18.9 Billion value with shares in issue.

Always about valuation, if you have been it, you can exceed it with progress.

If and seen it happen, one of those names arrives early having broken their
own investment rules, sell the house, the wife and the kids.

But first check , you know the name and what they really are, Investor or
Investing short term.

If we hold above that mark, that does bring the real institutional and sector
investors into play, they never look at a share until its stable and over £50m
value, or in the USA $100m (£75m ish) , have a read around, its in their own
investment criteria blurb. One of those names on a TR1, can 10 bag any share
in a blink of the eye.

Imagine the bags, if Mister Positives return of Shell , started with a straight in at
10% TR1 with Shell or one of its subsid's name on it. GLA

Cricket old prices meaningless, new market valuation high based on the
recent was 0.17 broke to 0.34p, with the added dilution is now 0.2599p
to crack, then anything can happen, same as that last one 17 broke to
100% more, the new 0.2599 brings 0.5p+ into play.

Still well within, well heeled PI trades, as generally happens , you know when as
the £50-£100k trades arrive and then much, much higher.

The 1700-1730 spreads print just 3 weeks ago was for £328k, don't want to see
that again but some nice routine trades , for £75k + would be nice, a TR1 other
that IG (spreads) would be even better. GLA

Be nice to break the market valuation high of 0.2599p and enter blue sky, new territory
before the news arrives, hopefully as 1 , 2 and possibly a 3rd rns, in quick succession.

That's when the magic happens, blue sky destination TBD but would hope, its a full on
assault, beyond the conservative broker note, making 1p a genuine target.

With luck it keeps going each session CDF, two major catalyst's heading our
way, as they said , EXPECTED , not might be , hope for , vague stuff as usual
and February , starts next week. GLA

Could be a hat trick, strong possibility, of a quick in talks for rns, once the
CPR published.