Member Info for filthylucre

Took a few more million. Frustrating considering the numerous buys at multiples of this but if you believe in a higher share then this is an opportunity.

Worth a second listen. It’s all looking good.

Has the legend finished dumping his shares? Looking better today.

Great posts Boom. It feels like we’re close to something big.

One wonders could Chuditch gas be temporarily piped to Darwin for processing. Maybe too outlandish but Greater Sunrise solutions may involve compromises from all sides.

Therefore, there is a possibility that if we completely shut down Bayu-Undan or stop gas production to Australia, we could develop a reservoir there and bring it to the north," Francisco Monteiro stated today at Timor Plaza.

The official explained that the detailed design of the project could be completed within one and a half to two years.

You’re absolutely correct, Howey.

The Minister of Petroleum and Mineral Resources, Francisco Monteiro, explained that production, in the Bayu-Undan field is decreasing, and there is an analysis of the possibility of closing the field due to commercial constraints in Australia, which prevent gas exports to Australia, Therefore, a pipeline will be developed using existing reserves to continue investment, in combination with the Chuditch field, to support the development of the southern coast.

Three years is not long term if you are assured of commercialising a massive gas field worth billions.

The pipeline story is the sort of story that PLNG may have been waiting for. A breakthrough moment. Also good signs coming from GS discussions Although frustratingly slow as always. From the Petroleum Minister yesterday, “ In the negotiations between the Australian government, Timor-Leste, and the joint venture companies, agreements are expected to result in the acceptance of legal and contractual instruments such as the petroleum mining code, production sharing contracts, and fiscal regimes. Moreover, a unique concept for the development of Greater Sunrise—particularly the processing of gas within Timor-Leste—is anticipated. Once these legal and contractual instruments are finalized this year, the next steps will follow. Detailed engineering and construction processes are expected to begin in 2027, with production projected to commence in 2032”.

Not just talk but action on a pipeline. TL showing real signs of pushing ahead with development plans. Really good news for Sunda Energy. Deserves plenty of attention. Didn’t see this coming.

Damn it. Still. It’s very possible. A dispatch from the meeting would be nice. Did anyone attend? Highly unusual to hear nothing.

CDF, that comma after “AB is confident”, is an important one. Did he say that? Three times higher? Or is AB just confident. I need to know. 🤔

The deal is a turning point for the company. It had to go through. Funding is in place. Concentration now on getting the job done. It’s what they’re paid for. This is a good day.

Tomorrow’s Tuesday.

It’s late afternoon.

Might see a change in the share price.

Might not.

There are plenty of key announcements coming our way. A drill date will focus minds. A decent share price going into the drill would be preferable but it won’t look anything like it is now.

An excellent presentation. We really need to see movement on TL onshore development. But first , prove up Chuditch. Absolute game changer. I wish there was something AB could do or say to help turn around the share price. Pity if we hear nothing from AB on loan repayments and their impact. Everything operation wise appears to be in a state of readiness. We’ve waited a long time for this.

** DILI, May 12, 2025 (TATOLI)** - The Minister of Petroleum and Mineral Resources (MPRM), Francisco da Costa Monteiro, announced that Timor Gas and Petroleum, together with the National Procurement Commission are currently leading visits by companies to the Tasi Mane project. The Minister. informed that more than 60 companies have already submitted documents to compete for the Tasi Mane project, including the highway component. The companies competing come from Australia, Europe, India, Indonesia, Singapore, China, Japan, and other nations. "Once we sign the contract, mobilization will take place. The MPRM team, along with other entities, is currently conducting studies in Natarbora regarding the land and sea conditions,as well as mapping to assess the topography;

https://tatoli.tl/2025/05/12/mprm-orienta-timor-gap-lori-kompania-vizita-projetu-tasi-mane/?fbclid=IwZXh0bgNhZW0CMTEAAR4GWfhSmTKxJzMr7qOSRB0jU0AA2acOJq1UXTu3x21_1_gm_1xKyLRM7xIwNA_aem_K9JoiLjqZF_GqZRIScNNOA

Minister of Petroleum and Mineral Resources (MPRM), Francisco da Costa Monteiro, stated that the National Petroleum Authority (ANP) and Timor Gap and Petroleum have started negotiations on the Greater Sunrise project following Australia's recent election of a Prime Minister. "We believe that within the next one or two weeks, there will be intensive contacts again to re-establish and intensify negotiations so that we can achieve results in a short time. In recent months, the process has slowed down slightly because Australia was in the midst of its election cycle, which only concluded last week. There are three important documents: one called the petroleum mining code, the production sharing contract, and the fiscal regimes. These need to be finalized quickly. At the same time, the joint venture partners must agree on a unified concept to bring resources to Timor-Leste, he highlighted. "We want to finalize this within one year, but it must follow its calendar so that in the following years we can detail the engineering and construction processes, which can commence in 2027-2028. Ultimately, production could begin around 2031-2032, he affirmed. **Relevant News:**

The LNG Plant Project to be established in Natarbora will enter the negotiation phase

https://www.facebook.com/share/1E57CNhEVU/?mibextid=WC7FNe

Thanks. It’s fun to play that family favourite, spot Andy Butler game. He’s had an opportunity in person to question the minister on the delayed Sulu award. Timor Gap exhibiting new exploration fields. More importantly, Monday vote and hopefully some reassurance on a more stable trading environment moving towards that drill.

Yes. Unmistakable 😊