Member Info for filthylucre

Meadow, maybe 0.1p is pushing it but a significant increase in our share price today is entirely possible. Let’s think positively.

News trumps charts. Let’s hope we are stirring. News filtering out. Interesting point in time.

Meadow, low volume but definitely increasing.

TIMOR-LESTE CARBON CAPTURE AND STORAGE WORKSHOP

The Ministry of Petroleum and Mineral Resources. His Excellency the Minister of Petroleum and Mineral Resources, Mr. Francisco da Costa Monteiro, has inaugurated the 𝘾𝘾𝙎 𝙬𝙤𝙧𝙠𝙨𝙝𝙤𝙥 “𝙇𝙚𝙜𝙖𝙡 𝙖𝙣𝙙 𝙍𝙚𝙜𝙪𝙡𝙖𝙩𝙤𝙧𝙮 𝘽𝙪𝙞𝙡𝙙𝙞𝙣𝙜 𝘽𝙡𝙤𝙘𝙠 𝙛𝙤𝙧 𝘾𝙊𝟮 𝙏𝙧𝙖𝙣𝙨𝙥𝙤𝙧𝙩 𝙖𝙣𝙙 𝙎𝙩𝙤𝙧𝙖𝙜𝙚 𝙞𝙣 𝙏𝙞𝙢𝙤𝙧-𝙡𝙚𝙨𝙩𝙚, 𝟴-𝟵,𝟬𝙘𝙩𝙤𝙗𝙚𝙧 𝟮𝟬𝟮𝟰. He was accompanied by his Implementing Coordinator Program and Regulator-Minerais (MPRM)who explained the importance of 𝙄𝙁𝘾, (𝙄𝙣𝙩𝙚𝙧𝙣𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙁𝙞𝙣𝙖𝙣𝙘𝙚 𝘾𝙤𝙧𝙥𝙤𝙧𝙖𝙩𝙞𝙤𝙣).

https://www.facebook.com/share/p/YBJuKHxJYPktitaY/?

Important we get our funding sorted pronto.

Thanks John Terry. On the ball as always. Huge decision on GS appears imminent. Horta putting the pressure on. Interview after interview. Sounding a little worried. Sunda share price would get an enormous boost if somehow Woodside agreed. TL must find a partner to fund this project with their pipeline demand.

I posted this weeks back. Worth seeing again.

Eddie, thanks. I’m relieved to hear it. Needs to said more often and publicly. Maybe, I’ve just missed it.

4th October 2024

Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro, met with the Timor-Leste Ambassador to South Korea, António de Sá Benevides, to discuss the possibility of cooperation with the South Korean government and companies. The ambassador expressed interest in speaking with South Korean companies about investing in Timor-Leste, but

acknowledged that the sector targeted for investment will be determined by the Ministry of Petroleum and Mineral Resources. They also discussed plans to hold an economic forum for the petroleum sector in South Korea to showcase Timor-Leste's potential and attract investors to the country. Prior to this, Ambassador António de Sá Benevides served as an advisor to the Ministry of Petroleum and Mineral empowerment for one year.

https://www.facebook.com/share/p/com9Zq71YNYG2mCm/?mibextid=WC7FNe

The proactive interviews are great and very useful but let’s be honest. The difficult questions surrounding future development of Chuditch and where we stand are not asked. Maybe the next announcement will address this issue along with a bespoke all encompassing development plan which satisfies the market.

I fully expect on the eve of a major development and announcement on Chuditch, we see large buys and lots of them. The reverse would also be true. There has to be some TL share interest.

Is there a plan further down the line? I haven’t heard one. It’s in TL’s interest to see Chuditch succeed but moving the gas may depend on GS development. There will be zero LNG plants without GS development. They won’t build Tasi Mane just for Chuditch.

I hope you’re correct. I would like AB to actually say this.

When I read, Australia should "fully back" Timor's Greater Sunrise ambitions and underwrite the insurance risk to provide greater incentive for investor. I think due diligence.

For our sake I hope not. Surely AB would be more circumspect in his interviews if he thought this was a condition. It might just be that a decision on GS could be as important to Sunda as a funding decision or they’re both intertwined. We need a Woodside agreement. TL will not change their position. Green light on GS is a green light on Tasi Mane and everything else that follows.

“Nobody is going to invest in a country where there is no continuity of policy,"

Yet the government's decision to suspend the May delivery of two patrol boats and cancel a DFAT-supported cash payments program for mothers to counter high rates of child malnutrition, sent shockwaves through the embassy and the development community. The Guardian patrol boats were part of a 2017 agreement struck with the previous Fretilin-led government that included maritime training for Timorese naval personnel and Australian assistance to upgrade Dili's Hera port.   Timorese navy commanders are said to be fuming given their lack of capacity to prevent illegal fishing inside their waters.

The government insists it is simply reviewing the suitability of projects.  Fretilin chairman and former prime minister Mari Alkatiri told The Australian the project cancellations - along with a decision to to scrap low-cost World Bank and Asian Development Bank loans for water, health and education projects - would scare investors, and that walking away from Timor's Greater Sunrise partners "would be the biggest disaster".  Nobody is going to invest in a country where there is no continuity of policy,"

I did think relationships had soured.

“Australia should "fully back" Timor's Greater Sunrise ambitions and underwrite the insurance risk to provide greater incentive for investors, he added Canberra is clearly on notice in East Timor, where in recent months the government has cancelled a flagship Australian government-supported social protection scheme and suspended delivery of two Australian navy patrol boats

Deakin emeritus professor and long-time Timor watcher Damien Kingsbury believes Dili is sending warning signals ahead of an independent feasibility study into development options for Greater Sunrise that failure to support its ambitions could have strategic consequences, notwithstanding doubts over Chinese enthusiasm for investing in the project “

Rala Xanana Gusmão held a meeting with the International Monetary Fund (IMF) team led by at the Government Palace on the fourth of October 2024.

The IMF team was received very well, as they were able to meet with the Prime Minister and discuss the country's economic situation and challenges faced. During their two-week stay in Dili, the IMF team also held meetings with various tent other members of the government.

Long interview with Horta on Greater Sunrise

From The Australian newspaper, October 1, 2024

Report by AMANDA HODGE, in Dili, East Timor.

"East Timor President Jose Ramos-Horta has likened Anthony Albanese to a neglectful godparent who never visits, and warned his government will look to Chinese or Kuwaiti investors to help it develop the Greater Sunrise oil and gas fields if Australia does not back its preferred option of a risky and expensive pipeline to the country's south coast.

"Mr Ramos-Horta says it is time the Australian government looks beyond simple economics and sees East Timor for what it is - "part of its national security, national strategic area of interest".

"If it had done so 'it would have supported the pipeline to Timor long ago', he told The Australian."

https://5ep.net/stories/document-publication-slideshare-service-fifth-20241004

Nike, I appreciate that but if the individual is changing their style of writing in order to disguise their identity. that’s not being honest. Plus communicating with yourself under two names? Last word on this. We all want our investment to push on. Tomorrow could be the day. A massive Q4 under way. Recent news updates and AB interviews have been no more than three weeks apart so we are overdue on so much.

I’m not sure there any so called rampers or derampers on this board. There are over enthusiastic and over excited posters who dream of a wild and crazy share price and there are disgruntled and embittered posters expressing their frustration. Nothing particularly suspicious or devious. Just normal emotions.