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ZzzzZzzzz
Nothing BOILing in here!
Back to ZzzzZzzz
Will be dependant on final outcome of seismic re- evaluation.
Excellent presentation.
Everything hinges on a potential partner. Question is, how close are we? There’s hints at possible ongoing discussions but it’s impossible to be really sure. Maybe find out later.
Good presentation, though... great summary.
https://wp-baronoilplc-2020.s3.eu-west-2.amazonaws.com/media/2022/01/Timor-Leste-Webinar-26-January-2022.pdf
I think they need to change the date on the presentation to 2022....
SHOW me one fact you airhead, only FACTS count
not we hope or plan , if the Island still have their own agenda
as stated on 9th September , 4 months ago ffs
Baron cannot PERMIT themselves , like all countries ONLY their ministry
can and we await the FIRST ever YES you can from them.
Why with 56% and 80% tax rights , would they not let Woodside pipe Sunrise
via a southerly pipeline (original 2001 plan) or directly to Bayu, which is also
a developing carbon capture site, if OTHER OPTION now available beyond their
dream
No they let the Koreans and Santos jv partners in both Bayu and Barossa (in oz waters)
take up that slot instead, Barossa very dirty gas 50%+ carbon
Market taking the **** again today , 23% spread for a false 3.5% rise ffs
After what otherwise would be a cracking RNA message elsewhere, just 7m
on the AQSE and 45m on the AIM today so far
We had way more than that in the first hour and a half in anticipation , on Monday
as keep saying this one is as binary as it gets PERMIT to monetise, still
A Minnow holding a Super Majors asset and MEGA multi-bagger 50-100 with value
placed back on gas reserves and a real offshore operator back in play. GLA
;))
collective record is over 50 , North Sea before someone hit commercial oil
88 another attempt at flowing oil in an area saturated with it
must be closing in on MATD record of 13 wipe outs lol
But have a self pumping bod and a big herd following so despite its
history , always seems to fly to a £250-£480m MC , on zero revenues
zero production and lots of rainbow chasing
We have a huge known Majors find and cant break £10m ffs
;))
perhaps , my ISP is flaky at my current location, have hit and miss for the
Sky SPORTS app through the comp and missed most of the last couple of
ujo and ukog council events, including some councillor being served tea
and biscuits in his closed environment front room lol
;))
It's the fundamental reason , we have sat at a rock bottom price since
trying to RTO SG as soon as they got the license , nepotism, related
Dr Buttlers on the two boards.
We could not raise the cash , despite then using the , we have an abandoned
Shell 5-10 TCF license CARD and took 33/25% and the rest bit by bit.
We are priced ZERO for Chuditch , until PROOF , its worth the big boys returning
and they can finally monetise, why do you think KELP sits without either an operator
or issued license and its 14.5 TCF aka around 2.3 Billion boe.
Its why that for another company RNA message over the rns news wire , has not sent
us bagging - UNCERTAINTY remains. GLA
;))
Hfb will you be posting written questions or presenting them verbally to the presentation today.
You’re depth of research and detail would surely give them no wiggle room and at least get to the facts ATB
MD
They have 56% plus 70/80% taxation rights to Sunrise
and still no movement its been ready to go via pipeline to OZ since 2003
options are only options , until the Government PERMIT them to happen
at least they do not have UK local Gov to get past first lol
;))
Comms from a much bigger fish Shell said , it made no difference
guess you believe everything printed in the sun also ffs
no comms from the company do not say otherwise , they cite OTHER options
that have existed for decades and Beaco , NO CHANGE there then
What the industry have wanted to do has been denied at every step
until they say otherwise the Government of TL rule the roost NOT BARON
9th Sept WE ARE GOING TO USE CHUDITCH as part of Beaco, HORSES mouth
the only one that counts, until they make it CLEAR and UNAMBIGOUS the
other long standing options are in their minds, they are options ONLY
agree 25% state owned. do you not think they are in ongoing dialogue regarding this license!
Hfb. Ask your questions or statements at the presentation. You’re clearly fixated by this when comms from the board say the opposite.
If they confirm your theory then you can continue your drivel tomorrow.
Fingers crossed some verbal clues given in the presentation
as expected so far , muted market response
NO CHANGE
we have a huge stranded license with massive amounts of gas
seismic still coming now Q2 and as was the case for others many
options available BUT the Island still promoting Beaco.
(woodside took less than a day 3200 sq km 3d sunrise)
what positive filthy
last they stated 9 with 4 under review for 2 1/2 years of bidding thus far
for 18 licenses
Nigeria recent 1600+ bidders for 57 licenses
they released an update on bidders ?
Let’s hear what the company has to say later. They’re in a position to know. Promising RNS to start with. Excellent to hear of the positive response to the licence round, continued progress on the complex seismic analysis and the myriad of options available for gas distribution. More detail required and a long way to go but huge potential.