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The SP doesn’t lie does it !!!

A consolidation at 3p, yet we are heading for the low 2’s, possibly even lower !!!

I’ve said it before and I’ll say it again … dilution !!!

AIM is unregulated and a CEO’s dream to do what they want when they want !!!

What should make Sunda any different from the rest !!!

No he isn’t, but most of the ppl here are !!!

And for the support they’ve given risk vs reward, lets hope the reward is worth it, especially as the tax man will take 18% if not in an ISA account !!!

UK Capital Gains Tax (CGT) rates for individuals are generally 18% for basic-rate income taxpayers and 24% for higher and additional-rate taxpayers. These rates apply to most taxable assets, including shares, cryptocurrency, and residential property. Lower rates apply to qualifying business assets.

Gosh Andy will need to cut some good deals to make it all worth while, otherwise by the time the tax man has had his bit there might not be much left !!!

So consolidation was at roughly 3p but now we sit at just over 2p, probably heading a tad lower yet based on current market confidence !!!

A lot is now riding on NZ and the takeover going through, coupled with positive updates needed on the Chuditch drill and when it will take place !!!

At this moment in time it is right to be anxious, maybe even a little concerned, and averaging down at this time might be best avoided for now !!!

Andy is obviously a very credible geologist, but proving he is a rounded businessman is a totally different kettle of fish !!!

Sunda may have three assets, but two of these are non producing at this time, and the 3rd needs paying for as do Andy’s loan repayment !!!

So glad I took my own advice and didn’t load up !!!

Once we have the PSC extension confirmed and the drill date booked up I’ll feel much more likely to increase, but where will it all end !!!

Can’t beat a good ol Friday CLN to leave you feeling pumped for the weekend !!!

Current ways in which to lose money as follows :-

. Invest in Sunda Energy Plc (death by 1000 cuts or a few CLNS’s)

. Go to the Casino (probably be more fun)

. Get divorced …

Roll on Monday and the mystery of what’s coming next week !!!

Most ppl are down here and some much much more than 25% !!!

Andy is gonna have to deliver some quite fantastic results over the next few months to stop the rot !!!

Don’t hold your breath too long !!!

Don’t know why AB can’t do a basic overview of expected timelines !!!

For example :-

It is expected to see confirmation of the PSC extension by …

The drilling rig is expected to be secured by the …

Sunda Energy will start their drill campaign on the …

The reason the SP is decimated yet again is because of unknowns, the lack of clarity, and the market doesn’t like it !!!

Doing investor presentations is fine, just like promoting the company’s assets on proactive interviews, but …

It really is like trying to nail jelly to a tree getting any firm commitments or dates from him !!!

Oh well, back in the 2’s we are for now !!!

Yesterday we had a delayed large buy from Friday, today it is a large sell !!!

If the future looks so bright why are ppl selling !!!

Until the PSC is extended and LOI with Finder Energy finalising with confirmation of a booked rig I cannot see this SP improving very much !!!

The Production Sharing Contract (PSC) for the Chuditch gas field (TL-SO-19-16) in Timor-Leste, operated by Sunda Energy (via its subsidiary SundaGas), currently expires on 18 June 2026

Hopefully we’ll be getting confirmation of the extension very soon !!

Rob is long gone, trading in the US now !!!

He uses Spreadex !!!

Still works offshore for Perenco as his investment in IOG went belly up !!!

The big volume won’t come from the likes of us anyways !!!

Any comments on here won’t really impact the SP one way or another !!!

It’s about the big fish that believe in Andy’s journey to the riches isn’t it !!!

And quite clearly at the moment based on his 12 month estimation on progress on the Philippines many won’t be taking a volume position just yet !!!

He didn’t even know the exact date he submitted his request for the PSC extension on Chuditch !!!

And he was reluctant to commit to whether Sunda would go first on the 200+ day drill programme !!!

He gives some confidence to shareholders but not enough for them to load up just yet !!!

And none of the assets will yield anything for at least 12 months !!!

Ok, so NZ will have profits but they are all spoken for aren’t they !!!

It’s going to take a lot more than 3 proactive interviews to get this train out of the station !!!

I’m waiting for something substantial before I take a larger position, they’ll be a summertime passed before then !!!

It’s because of many things !!!

The CLN’s that may or may not be needed !!!

The uncertain change of ownership !!!

The fact that most profits will be used to firstly de-risk Andy’s 1.5 million personal loan @ 12% plus the purchase of the New Zealand assets.

The likelihood of further dilutions !!!

Possible missed deadlines again !!!

I could go on but it’s all about risk vs reward and at the moment risk is still present !!!

Andy’s certainly banging his drums now isn’t it !!!

I have to say all interviews have been very enlightening however it’s results that matter !!!

Avoidance of dilutions and missed timescales are all that shareholders deserve, and a much higher sustainable MCAP !!!

Is Sunda Energy like all the rest of AIM companies or will they finally prove their differential !!!

Only time now will tell …

We can all see that the sp has fallen quite significantly since the consolidation !!!

Those who are at a loss of any kind have every entitlement to feel aggrieved !!!

Those now taking positions are doing so still at certain risk elements, those elements are delays and dilutions !!!

We all now how AIM works, it is unregulated, and company hierarchies have a tendency to over embellish !!!

Andy will want his risk de-risked first, that’s the 1.5 million @ 12%, so ongoing profits will be put aside for that, alongside the purchase of the NZ assets.

Then what about the funding of our KEY asset Chuditch, of which currently has ZERO value on the books, will that not need further funding, probably !!!

To make a fancy cake you’ve got to break a fair few eggs !!!

Reasons for the drop :-

Lots of day traders have gone !!!

MM’s are playing their usual games !!!

Until the PSC extension is confirmed there is still doubt even though Andy stated he was confident !!!

And finally until it is 100% guaranteed that Sunda will go first on the drill and there are no further dilutions !!!

Still two huge pieces of the jigsaw need to be placed and until then ppl won’t load up regardless of NZ !!!

Interesting times ahead !!!

The Investor Presentation whilst encouraging is still subject to everything going as we might like or hope !!!

Andy needed all to be passed, shareholders have supported the acquisition and future plans, he just needs to deliver them and on time, without any impactful dilutions !!!

The jury is out for me at this time !!!

Recent drop is bizarre, or is it, this is Sunda Energy and AIM after all !!!

A consolidated 10p may take more like 9-12 months !!!

New Zealand will need paying for and Andy’s loan paying off within 12 months !!!

Only once we have a confirmed PSC extension and a drilling rig booked and confirmed date will this bag upon bag upon bag !!!

Only your nerves, its gonna be a patience game, and some luck !!!

30 bagger !!! lol

Think ppl’s expectations need to be managed here !!!

Let’s try and keep our feet firmly on the floor, much could go right, then again as we know 2025, and thus far 2026 hasn’t quite worked out the way we hoped, so prepare yourselves for another 6 months of further patience before seeing any potential bags !!!

3p per share post consolidation will certainly get us some watchful eyes and listening ears, but New Zealand itself will not be enough, so TL and the Philippines will need to progress too !!!

Roll on the investor presentation where Andy will be looking for additional support moving forward !!!

Big week coming up, I’d say more like a big year coming up !!!