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Thanks Jarv
Feed back from Agm no funding at PLC level will be asset based. Will all those who stayed "placing" put your hands up.
GLA
I believe the gentleman in question was a Mr big piece, who falsely stated that his broker was trying to interest him in some placing shares.
What a plum.
Seaview were you at the AGM or are you just repeating an earlier post, from someone who earlier today was asking for feedback on "X" ?
Malpenn, it was a re-post of Jarv's earlier post.
Either way it's not 'news' as such. Andy Butler had already stated it. What's not known is the configuration of the funding.
I was the only shareholder at the AGM and I provided the feedback
AB categorically stated they would not fund the drill via a placing.
So to all the clowns and scare mongers saying otherwise, go eat a bag of dicks 🤣
JC- Would you have chips with that or salad?
Oh what a shocker, as per the previous rns's , some might try reading them and listening to Andy's words in interviews and presentations, name change and NON EQUITY drill funding.
Next week Sunda Gas Gas Gas.
JC thanks for going for us maybe next year Sunda will hold a virtual Agm so everyone can attend.
Yes big cheer and thankyou's go out to JC
(your not the JC r u)
Lots of decent info comes in the telegram group don't be influenced by the trolls here trying to get in cheaper its a good balanced group that discusses the fundamentals and the risks its not a happy clappy group. if anyone wants in just dm me on twitter.
Yes JC thanks for attending and giving me some dinner ideas!!!!!
I think the feedback is very relevant today and it keeps expectations set to shareholders.
Funding options can change due to no fault of the company and today's feedback means that they are on the same track, which is very good news.
There are very few companies out there where you can say, 100%, this project will be delivered with no further dilution. A very attractive proposition all round.
Absolutely and the value of all the data that was provided by the previous Shell drill, makes this almost too good to be true.
I think in yesterday's presentation Andy put a value on if they were starting from scratch
Good point. I noted that from yesterday’s talk. Starting from scratch this is a project in excess of 100 million dollars. Sunda got most of it for free. The stars are aligning as we progress towards the appraisal well. Its looking more than good.
Shell only drilled the 'fringes.'
They got the white of the fried egg and missed the yolk
Has to be chips for JC menu, in Germany , the Imbiss stalls very popular for the sausage, Curry Wurst and Chips
You back to food again
AB also said Shell hit a 30m gas column and he’s expecting to target 150m
And that yolk no joke, ch1 discovery 25 Plover gas pay, ch2 appraisal by seismic 150 , 6 times thicker, the logged GIIP reserves for Chuditch will soar after the ch2 drill, Shell gave all follow on wells to ch1 on Chuditch a 100% COS.