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For a going skint country, it's full steam ahead for money, money , money TL , now their, very new mining industry has thrown up a monster grade manganese find.
https://thewest.com.au/business/bulls-n-bears/more-manganese-for-estrella-in-timor-leste-hills-c-14370389
Manganese is a transition metal with a multifaceted array of industrial alloy uses, particularly in stainless steels. It improves strength, workability, and resistance to wear. Manganese oxide is used as an oxidising agent; as a rubber additive; and in glass making, fertilisers, and ceramics. Manganese sulphate can be used as a fungicide.
Manganese is also an essential human dietary element, important in macronutrient metabolism, bone formation, and free radical defence systems. It is a critical component in dozens of proteins and enzymes.[6] It is found mostly in the bones, but also the liver, kidneys, and brain.
Wonder if AB fancies dabbling in a 2nd Timor Leste Gold Mine , after the Chuditch profits roll in 😂🤣😂
Island of Timor known to host , copper, gold, silver, chromite, manganese, limestone, marble, bentonite, gypsum and phosphate.
Our new name -
Asia TL ALL INC. 🤣
VT-Hoping for some good news shortly the sooner the better after all this time.
Meadow
must be a blip with aqse and zip in that late slot, bar stewards appear to have marked down in the closing auction, expect reset and same prices as leading into close first up Monday, unless we gap up on news 😉😂
On that Macau CPLP event with China, this must have landed late yesterday and imi, when looking for todays , dated 18th
Vice Prime Minister receives full powers to sign economic and trade cooperation plan during the 6th Ministerial Conference of Forum Macau
This Action Plan aims to boost economic and commercial cooperation between the countries participating in Forum Macau. Among the areas of action defined are intergovernmental cooperation, exchanges with international organisations, trade and investment, development, the cultural and humanitarian sectors, the role of the Macau Platform, and preparations for the next Ministerial Conference.
First on me, all external meeting Signatures previously seen ,have been PM or President, usually PM and if unavailable the President, which with TL politics is a better option, as President has veto power if he is not in favour, when he rubber stamps things, not going to veto himself 😂, no biggy with current pair life long BFF's , VPM been given full powers as
Gusmao on his UK/European tour 11th-23rd April, various and expressing concerns over TL maritime border issues hm
Horta
The President of Timor-Leste, J. Ramos-Horta, will make an official visit to Portugal as a guest of honour for the celebrations of the 50th anniversary of April 25th, the revolution that restored democracy in Portugal after the dictatorial regime.
Would have though Horta could fit Macau in on his way to Portugal, guess the old guy's feeling the weight of all the trips and air miles this past 2 years. 😉😂 Horta 74 , Gusmao 77
TL have 2 VPM's , Francisco Kalbuadi Lay, to sign the Action Plan a spring chicken at 70😅
China Ministerial meeting of Forum Macau is set to be held in the SAR from Sunday to Tuesday.
High-ranking officials, including some deputy prime ministers and ministers from Angola, Brazil, Cape Verde, Guinea-Bissau, Equatorial Guinea, Mozambique, Portugal, Sao Tome and Principe, and TIMOR-LESTE, will lead the Lusophone government delegations to attend the forum.
Presiding over the ceremony will be Wang Wentao, China’s Minister of Commerce.
The ministerial conference, scheduled for Monday afternoon, will see top officials identify priority areas for economic and trade cooperation over the next three years. Additionally, they will sign an action plan for economic and trade cooperation between 2024 and 2027.
https://www.macaubusiness.com/npc-vice-chairman-li-hongzhong-to-join-forum-macau-conference/
China triple whammy , BRI/GDI support for TL directly , support to ASEAN and support to The Community of Portuguese Language Countries (CPLP)
Money , Money , Money , as they say follow the money............ 😉😂
Meadow and that could be another, if we see something large pop up at 1700-1800, threw a UT out on the back of the pre close 1630-1635 daily auction, that did not fit with prices leading into close, spreads and other large trades have dropped in that late slot in the past and always at the out of whack UT price, lot of Rob's use to pop in then 😉😂
16:35:24 0.065 950,000 UT
That and the bizarre aqse rate today, got a feeling in the waters, Timor Sea waters about to bubble & boil. 😉😜😲🤑
Not so keen on that Woodside release with todays Q results, previously stated, new studies "with a bias towards onshore Timor Leste processing" , this the usual looking at both.
https://www.woodside.com/docs/default-source/media-releases/progress-continues-on-greater-sunrise-development.pdf?sfvrsn=b4babca2_3
As it says finally underway, said Feb 2023 taking another look, then caught us all , when Oct/Nov, said now have TL permission to do new studies, wtf they doing since Feb, now April 2024 and at last doing them😲🙄
https://www.energyintel.com/0000018e-efde-d9cc-abce-fffe3e4c0000#:~:text=Woodside%20Energy%2C%20operator%20of%20the,long%2Ddelayed%20offshore%20gas%20scheme.&text=In%20a%20contentious%20congressional%20hearing,halt%20to%20LNG%20license%20approvals.
Great churn Tuesday on news 1400m , wed 400m thur 240, picked up again late today 310m+ late's
AQSE today unusual. see FOMOF thread.🤔
Could be a good signal for Monday.😉
Maybe some local news that has yet to filter to this part of the world?
PD-Nice to hear from you again B_Seeker will be over the moon!
Currently that is beyond the breakout range we have seen in the past 237m v 74m is 31%
Routine , zip going on aqse 0 shares to a low % of aimx volume
5-10% good days
15-25% mega break out big rise days
Currently aqse breaking the mould , never seen it that high , as said bizarre 🤔
Full ask on offer at 0.07 at the end with stock tightly held and buying interest increasing throughout the day. Great churn at a higher level this week. It seems the premonition of 0.08 on Mon seems very achieveable given it's BOIL and then another good week for it to climb over 0.10. Let's see if this mystic meg is right.
Meadow
Bizarre considering the generally low volumes today, perhaps a good sign for Monday 👍
VT-Interesting and unusual
Jarv, the original timescale for the concep selection report was 6 months, so it might be done by October, maybe sooner 🤞
Ok now this is bizarre , not seen this recently AQSE gone high 75m v 227m😉
💥 time ??????????????
And you Bargain know doubt will speak Monday!
Shame Butler wasn’t in charge earlier but you can’t hurry bureaucrats so maybe now is the right time
Yes Jarv , that very interesting talks line , opens up many , many possibilities, make Filthylucre happy if it turns out to be the Japan MOU INPEX assisting Woodside , on gathering new assets, to secure Japans domestic supply for next 20 years. 👍
Meadow have a lovely weekend!
Once discussions advance to a certain stage we'd get a name drop in an RNS. This could be soon given Butler keeps making the point that discussions are advancing well and gives of an aura of confidence regarding the matter.
Boil have put details of presentations and links in updates in the past, so possible they might, or post some pic's on twitter etc, video , podcasts , I usually rely on more au fait , youngsters to find and post such media, more of a press hound in my case. 😅
Late tick up , lets go............. 😉
Do they normally put them in an rns ?
Had a look around nothing on the usual video channels youtube etc, last with AB 3 days ago Proactive Presentation