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Possibilities given the high demand for shares right now.
B-Seeker you have reappeared again after your wrong sp predictions yet again!
Hi Meadow I first appears at 0.05 and now the share price is up 30% from there which is great. But more importantly this is all down to the new management and progress being made. With the next steps sounding very promising.
It's good to see the share price consolidate well up here before the next leg up and march back over 0.1p.
I note available stock is very limited at 0.07 which is interesting.
RAOTFLOL ... you're such a card ... never been right ever ... give it a rest nobody has any interest in your stupid predictions.
So you have extended this week's predictions to the end of April you really are a joke
B-Seeker-You keep going on about limited availability of stock how many times have you posted that! are you checking this through TOY'S R US
The trend is up
Meadow, if I didn't know better I'd swear you were getting frustrated with some of the newer posters! It's only because I know you are so very tolerant that I know this isn't the case!
BIG RNS. I DID SAY 0.010p+THIS WEEK AND THAT'S WHERE IT GOES
Bargain_Seeker 16th April 07.17
WELL DONE
It is good to see they have included the risks as well eyes wide open on this one. The reason we are so low is the funding if they get that at project level expect a serious re-rate here.
Howey-Going out shortly watching Racing and Golf this afternoon thought I would have some
fun when the usual suspects reappeared !
Funding and a senior JV player, should finally wake up Mr Market but not holding my breath on that one, since the seismic etc as since day 1 Jan 2020, we have been given zip value for our gas, same as Boil's snail pace , started to catch up with the 5 tcf+ and more leads, it was brought to the market with originally on old Shell mapping and discovery drill metrics.
Time Mr Market gave Chuditch some love and a re rate , not another spike, at least from a kids choc bar per boe, to say a Thornton's Easter Egg🙄🙄😂
Did not expect value in 2020 , region still locked down and nothing happening, NOW do expect some value long before the drill, area changed , others also now moving, infrastructure coming, China BRI/GDI Mega Wonga in play , others like Qatar and Kuwait as well as other regionals, made statements about investing in TL Oil and Gas sector.
Area changed
Sector changed
Boil leadership most importantly CHANGED
Time they changed our valuation, long breathing with a snorkel in the flooded , rock bottom basement.😲🙄
📰👀👁👁👀👁🗨👁🗨
➕ve = ⛽⛽⛽💥💥💥🚀🚀🚀💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰
The Yeo ho ho snail , is now coiled by AB
https://media1.tenor.com/m/jGV5ABX10Z0AAAAC/snail-super-snail.gif
😉😂
JARV-I'm hoping that they are at a stage where we still have more than one potential funding partner , all the indications from AB are that is the case I wouldn't like this to go right up to the drill or drop decision on the 18th June and find we are in a position of having one funding offer which is take it or leave it. I would hope we will get news on this before we head into June, I'm sure any potential funding partner would want to seek assurances from TL about our route to market before committing themselves , that's hopefully where our 40% partner
Timor Gap will be the key.
Meadow if you look at the slides you will see they have the drilling team already for Chuditch, also interestingly the slide on ChuditchNE titled "the best undrilled prospect in Timor-Leste" I will be surprised if we are not cost sharing 3d costs with Eni for that and block P.
Jarv-Obviouly I know about drilling team etc but once we get the funding deal we will all sleep a lot better!
Shell thought Wombat , Bilby and Chuditch , now the NE and SW chud's could actually be a single giant connected field but due to the trench loud vibrations (constantly seismic itself very slowly moving west also) the seismic was never going to be conclusive to proving that theory. At the time said if proved up (more wells etc) it would take their initial estimate for the 3 from over 5 tcf to double that rating. Likewise reported addition 4 or 5 leads to the South and West, Bandicoot pulled in on Boils seismic rerun, renamed Quokka, so as been saying for a loooooooooong time, Chuditch GIIP and shells more oil or large condensate fields with more gas over (bandicoot etc) reserves etc , only going to get bigger.
Starting with CH2 , drilling reservoir estimate 149m v 25m CH1
IMO the politics is also a factor
The politics was a factor and will remain but less so, all started in 2002 when first PM Gusmao alienated the industry, saying it was all ours , it will all come to the Island but having zero money to build themselves, many Majors/Tier1 companies departed the TL section of the Timor seaway, meanwhile the Indonesian and Australian Timor Sea areas became prolific.
Gusmao vision of it all happening soon, imminent in 2002, all know how that worked out, said did not need the outside world can do it themselves.
Now the politics is, we are going BROKE, we need the outside world , its industry and tech, with Horta and Gusmao racking up incredible air miles in the past two years , courting everyone for assistance and funding, recent events have brought forth many offers, the latest being China commitment to get involved with TL oil and gas plus infrastructure, raising TL from BRI level 1 to level 2 (huge funding)
The legacy elephant in the room sunrise rolls on BUT the rest of the area that also stalled and became stranded, is now also moving on.
Industry and political landscape has changed dramatically in the past year. Just remains for Mr Market to recognise that change and that AB is going to do the business, which seemed a million miles away for boil 2020-2023.
Just the past 3 months, when for years Chuditch rarely got any sort of mention, even in Timor Gap annual reports, likewise its web entry , last looked still on about Boil doing the seismic (done and reported on Jan2023) now getting regular mentions , of its STRATEGIC worth to TL.🤔
On that last post comment, STRATEGIC worth of Chuditch.
TL have a blueprint for its progress and development STRATEGIC development plan SDP 2011-2030
The TL Ministry of STRATEGIC Planning and Infrastructure has an MOU with the China Ministry of overseas development , which the China mega BRI and GDI are linked.
The STRATEGIC P&I have on the books the 3 large scale projects but no funds (china bri) Metinaro P.I.T. Gas/lng Imports and 90-120 day tank farm, to supply 3 to be converted to Gas Power stations on the Island.
Beaco multi string Gas/LNG Exports refineries and port and Beaco Oil and Condensate refineries.
So in more immediate STRATEGIC terms Chuditch appraisal to production drilling Q4, has to be Strategically in pole position for the Metinaro project (pm rauk asap ,hoping all done by 2025/26) long before 2030/31 teners Sun/Beaco.
They need gas for their 3 power stations and we can give it to them, timelines have always looked Strategically linked
Defo Meadow its what the market is waiting for. Wonder if Ab will have a chat with Woodside today.
At least the 3rd time in a month both in the same room Jarv 🤔
Recording of the presentation would be superb
Can just imagine the convo today lol AB to Woodside any chance could you hurry the concept study along please.
Had a look around nothing on the usual video channels youtube etc, last with AB 3 days ago Proactive Presentation