Member Info for Starance

Billthebank, retrace back to where? Just because many of you people have joined the bandwagon now, there are some here from the days of Gold Oil, like myself.

http://www.anpm.tl/production-sharing-contract-signing-for-contract-area-tl-so-19-16/

This says it all; Baron is entitled to hold a one-third interest in the shares of SundaGas Timor-Leste (Sahul) Pte. Ltd., the parent company of the Timor-Leste subsidiary holding the PSC interest, and plans to continue to fund this interest, which equates to an indirect interest of 25% in the Chuditch PSC.

It's worth much more than $300m, that's more like Baron's share.

Indeed Suhail. What you said earlier, I've taken something but still hold quite a lot... and ill be holding that until it's more than what I paid back in 2008/09 or it goes bust.

Chuditch field is worth quite a bit of the estimates are anywhere near as stated... with Australia backing down over the territorial lines - the risk element is remarkably low.

Those that need cash, take it... otherwise as Suhail said, this is worth much more.

Angel, what must go up must come down? This share has come down a lot, whether you know that or not. It's undervalued, end of story. How the board goes forward is another matter, and I've been holding for over a decade, and continue to add.

"Corallian said it was not seeking to extract the oil itself, and that the oil could be accessed via the existing facilities at Wytch Farm in Poole Harbour.".

Hied, did you really really just post that? lack of existing infrastructure? Seriously?

That share price is a joke

even though Mr Smithy has come out the woodwork again... oddly enough on flybe, an alias. I'll say it, these crooks have kept Flybe running on it's own accord, as it was already planned out for a year with fuel bought in advance and cash in the bank with deposits held by credit of 100%... these bunch of crooks have milked it, and an investigation needs to be launched.

Well, these prices are nothing... the drops over the years reflect bad news after bad news, especially when Rudolph Berends past. I've been here for over a decade, I expect something on Peru, and now Colter.

I was thinking the same but, we will benefit in the long run imo.

Hold and hope for the best...

It's a waiting game, a lot of it is red tape.

To those in this as long as I have from the days of Gold Oil, what's to lose now? Corallian isn't throwing money away for nothing - so it's got to be positive.

My loss is greater than yours I'd imagine.... at this level, there is no point in selling now. I'm in until we have news or bust.

It all depends on the data, and if positive, I'm sure Perenco will take it off their hands... assuming it's a positive outcome. Sorry, if it can be commercialised I do not see it being shelved... not with all the infrastructure in place already.

LOL now that is conspiracy, Simon has virtually no control over the operator. We'll see what happens soon enough in respect with Colter.

@Monopoly, nowhere near what you think it is!