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SNDA Sunda Energy Plc

0.0286
0.0036 (14.40%)
Sunda Energy Investors - SNDA

Sunda Energy Investors - SNDA

Share Name Share Symbol Market Stock Type
Sunda Energy Plc SNDA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.0036 14.40% 0.0286 16:35:28
Open Price Low Price High Price Close Price Previous Close
0.025 0.025 0.0285 0.0286 0.025
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 24/4/2025 10:33 by 1347
Absolute disaster of a deal. Now given away 70% of Chudditch and 25% of it is on free carry all the way to First Gas. Original partners, PLNG, bailed out and others were unacceptable. So can't be that valuable a resource. Now they have to resort to a death spiral loan convertible at rock bottom prices, with Warrants, that has to be repaid next year in April 2026 (so how will they do that)? On top of that they've still not got a rig lined up and are pushing back the drill yet again, requiring an extension to the PSC. It's all been a waste of time, investors have been shafted as per usual.
Posted at 25/9/2024 21:12 by allesandro
mistermuesli, cheers :-)

A new bb was required for sure,i hope to keep it up to date with anything useful and company related.My immediate excitement at present is this new subsidiary set up today though and its connection to this statement in the august Rns:::

August 12th 2024 - RNS

"As previously announced, Sunda has been engaged in discussions with a number of potential funding partners with an interest in participating in the Chuditch PSC project. As a result of these discussions, the Company has entered into an exclusivity agreement (the "Exclusivity Agreement") with a privately-owned Singapore investment company (the "Investor"). The Investor, Pacific LNG Operations Pte Ltd, has a track record of value creation in resource projects in Asia-Pacific. The Exclusivity Agreement enables a period of mutual due diligence relating to a potential strategic investment into the Chuditch PSC project that would fund the planned Chuditch field appraisal well. It is anticipated that such investment, should it occur, would be through an equity issuance in a Sunda subsidiary company and not at the Sunda Energy plc level.
Posted at 25/9/2024 19:14 by mistermuesli
Allesandro, thanks for setting up this message board. Already delivering interesting content and views. LSE board is excellent but there's room for more than one message board out there. A lot of interest in this share. Of course, the foul one liners will start if the share price falls but it's up to investors to ignore the idiots and express their own thoughts and ideas with a bit of civility and make this work.

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