focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Just name the pub ;) :)
We've just checked into the room for the weekend. Room 101 - is that good or bad? ;)
I'll buy you a drink next week, millionaire moneypenny :)
I've never been hysterical
DO hold on to your hats because this will blow at some time - it just might not be next week
I bought more shares yesterday - I'd happily buy at .35 if I had more money available
Many people will become very rich if they hold and wait
Have a good weekend :)
I'm not deramping at all, simply keeping my feet on the ground and being realistic amid all the hysteria.
Everything is speculation until we have solid news of Chuditch being monetised - when that happens it will be 30p not .30p
There could be 100TCF of LNG in the Chuditch field, it would still mean nothing without the nod from the Timorese government - which they've failed to give for 20 years.
So, yes - speculation. Not with regard to the value of the asset, which has been known for years, but with regard to the as yet to be revealed news that might support the SP rise this week.
I continue to be extremely optimistic that BOIL will be a multi-bagger one day - but it's still entirely possible that the revelations next week will provide nothing to support or justify the rise this week.
Yes, holding up well - considering that the rise this week is still only based on sentiment, speculation, and MM manipulation.
Another massive volume of trades today.
The SP is holding up pretty well.
Expect another burst on Monday morning. Set your alarms for 8am.
GLA
Something is brewing that goes beyond just having a better knowledge of the size and quality of the Chuditch asset following the 3D PSDM seismic interpretation.
"Baron stated that to successfully monetise this potentially significant asset, a key objective for the Chuditch PSC in 2022 will be to attract drill funding for which there are multiple options and alternatives." June 2021
"We have...researched the routes to commercialisation" October 2022
https://www.offshore-energy.biz/baron-oil-tightens-grip-on-chuditch-psc-off-timor-leste/#:~:text=Baron%20stated%20that%20to%20successfully%20monetise,there%20are%20multiple%20options%20and%20alternatives.&text=Baron%20stated%20that%20to,multiple%20options%20and%20alternatives.&text=that%20to%20successfully%20monetise,there%20are%20multiple%20options
https://www.energy-pedia.com/news/timor-leste/baron-oil-granted-chuditch-psc-extension-189355
"Oil and gas production set to be boosted following NSTA recommendations in new Wells Insight Report"
Just a matter of time for Dunrobin
https://www.nstauthority.co.uk/news-publications/news/2022/oil-and-gas-production-set-to-be-boosted-following-nsta-recommendations-in-new-wells-insight-report/
We need some more buys. Come on, Shell!
The BoD certainly set the cat among the pigeons with their last RNS.
Still a long way to go. Don't get off at the next stop.
1.99 will be out on the razzle tonight, buying himself half a pint and celebrating the trebling in value of his holding to £3.97
In for a penny, in for a pound...literally! Just bought another 1M - just to help keep the churning going :)
GLA
Steve Bracks appointed as special representative re: Greater Sunrise
"Senator Wong said the appointment of Mr Bracks demonstrated the government’s “commitment to the mutually beneficial and commercially viable development of the Greater Sunrise gas fields”.
“Greater Sunrise is critical to Timor-Leste’s economic development and resilience,” she said in a statement.
“The Australian government wants to see the development of Greater Sunrise in a commercially viable way that supports the economic development of Timor-Leste and maximises the benefits to all parties, consistent with the 2018 Maritime Boundary Treaty,” she said.
“As special representative, Mr Bracks will represent the Australian government and consult with the government of Timor-Leste and other key stakeholders, including the Sunrise Joint Venture."
"In August 2007, following his resignation as premier after eight years, Mr Bracks worked as a pro bono governance adviser to the then newly elected prime minister Xanana Gusmao, who continues to push for the Sunrise gas to be processed in East Timor."
The LNG Partnership Fund is swelling with $Aus
The stars are aligning.
https://www.afr.com/policy/energy-and-climate/steve-bracks-tapped-as-envoy-on-east-timor-woodside-gas-project-20221017-p5bqhp#:~:text=In%20August%202007%2C%20following%20his%20resignation%20as%20premier,Sunrise%20gas%20to%20be%20processed%20in%20East%20Timor.
Closing at .1625p
Rodney: "So, that's just over £3M each."
Del: "Well, we've had worse days!"
It's said that sarcasm is the lowest form of wit...possibly because it fools those with the lowest wit...
Just kidding ;) :)
Topped up with 2M more...still cheap at half the price... ;)
Now .147p :)
As soon as you stated "SundaGas actually mentioned in the report re Chuditch , which would suggest
the locals and our now 100% owned SG , are on the same page re development
by FPSO" the SP shot up to .142p
lol
Yes, HFB - that's what I was alluding to by saying that BOIL have both feet in the door with their partnership with Timor Gap and ANPM. BOIL have a path to monetisation with Chuditch due to TL's need to meet their own energy requirements - as you say, to convert their obsolete and costly power stations by 2025...which isn't that far off in terms of the time needed to construct the necessary plant to facilitate the conversion. We've seen the SP touch .12p in recent months based on sentiment and MM manipulation - but there's a groundswell now (LNG bubbling up to the surface?) which is pointing to significant news in the coming days. Hold onto your hat!