Member Info for filthylucre

Excellent post Meadow

Nice bit of positivity from Meg on LinkedIn

Ahead of the 2024 AFL season kicking-off, the Fremantle Dockers Football Club have a new supporter in the Prime Minister of Timor Leste, Xanana Gusmão.

 We look forward to inviting him back in September!

 Meeting on the sidelines of the ASEAN Special Summit in Melbourne, the Prime Minister and I discussed the progress of the Sunrise Joint Venture Concept Study process and the significant role a Sunrise development could play in the region, by providing a new source of safe and reliable LNG.

https://www.linkedin.com/posts/woodside-energy_lng-timorleste-energysecurity-activity-7171313213618155521-etT-?utm_source=share&utm_medium=member_ios

“ And why can’t we say keep the change you filthy animal”

Keep me out of this😊

𝗧𝗶𝗺𝗼𝗿-𝗟𝗲𝘀𝘁𝗲'𝘀 𝗠𝗶𝗻𝗶𝘀𝘁𝗲𝗿 𝗼𝗳 𝗣𝗲𝘁𝗿𝗼𝗹𝗲𝘂𝗺 𝗮𝗻𝗱 𝗠𝗶𝗻𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝗠𝗲𝗲𝘁𝘀 𝘄𝗶𝘁𝗵 𝗜𝗡𝗣𝗘𝗫 𝗥𝗲𝗽𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝘃𝗲𝘀

𝗗𝗶𝗹𝗶, 𝗧𝗶𝗺𝗼𝗿-𝗟𝗲𝘀𝘁𝗲 – 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟰, 𝟮𝟬𝟮𝟰

H.E. Francisco da Costa Monteiro, Minister of Petroleum and Mineral Resources of Timor-Leste, recently met with representatives from INPEX Corporation, a leading Japanese oil and gas company. The meeting was attended by Mr. Tetsu Murayama, President Director, Australia; Chris Wilson, Executive Vice President Operations; Yosuke Ueda, Vice President Oceania Projects Division; and Takuya Sugawara, General Manager.

The discussions followed INPEX's engagement with the Prime Minister, H.E. Kay Rala Xanana Gusmão, in Japan, where the Prime Minister indicated further open dialogue with Minister Monteiro in Dili.

During the meeting, INPEX extended an invitation to Minister Monteiro to visit their headquarters in Tokyo and tour their LNG facilities. Minister Monteiro shared Timor-Leste's South Coast plan, which aims to develop LNG plants, refineries, and petrochemical facilities. His Excellency extended an invitation to INPEX to visit the future site of these projects. INPEX mentioned planning a visit to Natarbora in the coming months to explore potential opportunities.

This meeting marks a step towards fostering dialogue between Timor-Leste and INPEX, leveraging the company's involvement in the Abadi gas field in the Arafura Sea, Indonesia, where INPEX holds a 65% interest. The Abadi gas field is one of the largest in the region and is being developed to include a 9.5 million tonnes per annum (Mtpa) onshore LNG terminal. INPEX's expertise in integrated LNG projects is also demonstrated by their Ichthys LNG project in Australia, where they hold a significant interest.

https://m.facebook.com/story.php?story_fbid=pfbid02xjPbuY86iMdLAUZNSHQjmpJpBGWmFo1jnUkYhnLpRCwWoPx775sWUuMa5Kef95x2l&id=100094730889338

Third page. Third translation. I make no apologies for this because it matters to BOIL. They’re arguing over where the pipeline is built. Which is a very good sign. PM Xanana Xanana Gusmão met with Woodside CEO, Meg O'Neil, asking the company to respect the rights and desires of the Timor-Leste people to develop the Greater Sunrise gas pipeline for Timor-Leste. The Timor-Leste government also respects Woodside's right to continue exploration of the mining and gas project in Greater Sunrise plantation. PM Xanana stated that Woodside should be cautious to refrain from taking advantage of the Timorese and causing any disputes. Instead, Woodside ought to give importance to and prioritize local interests, not just maximize profits. The East Timor government has already triumphed in its fight for a permanent maritime border with its neighbors. Minister of Energy and Mineral Resources, Fransisco Monteiro, is working with Woodside to coordinate efforts on the project.

Meanwhile, during a meeting, Woodside CEO Meg O'Neil thanked Prime Minister Xanana for continuing to believe in working together. Woodside company is also committed to continuing to work together with the Timor-Leste Government to carry out the exploration project in the Greater Sunrise plantation. Previously, PM Xanana also met with the Australian Government's Special Representative for Negotiation and Development of the Greater Sunrise, Steve Bracks, to discuss the development of the Greater Sunrise project, which will change the concept of development on the two countries' shared land for the future. East Timor and Australia will also put an end to all past disagreements so that the two peoples, Australians and East Timorese, can see a future of great trust and mutual respect.

https://m.facebook.com/story.php?story_fbid=pfbid0uGt6YfL3fLyLXTBJHNYJ7khiRqTZjc9Jpk7MAb1PrCmc9kqy1vvPiSZLZFsuFnc5l&id=100094390130177

Possibly a better translation. Is he talking about the construction of the actual pipelines? This matters a lot to BOIL. Has a deal been done?

On Wednesday, 16 March 2024, the Minister of Foreign Affairs and Cooperation, Bendito dos Santos Freitas, accompanied the Prime Minister, Kay Rala Xanana Gusmão, in a meeting with the Chief Executive Officer (CEO) of Woodside, Meg O'Neil, in Melbourne, Australia, to discuss the development of the Greater Sunrise field. During the meeting, Prime Minister Xanana Gusmão requested that Woodside recognize the rights of the Timorese people, whom he has fought for since the struggle for independence, by ensuring that gas pipelines are built in Timor-Leste. Timor-Leste also acknowledges Woodside's rights to explore oil and gas in the Greater Sunrise project field. The Prime Minister highlighted that Timor-Leste has already won its battle for a permanent maritime boundary delimitation with Australia. Therefore, the Minister of Petroleum and Mineral Resources, Francisco Monteiro, and his team are working hard to coordinate with Woodside and the relevant commission to ensure that this issue is resolved. Meanwhile, Woodside CEO, Meg O'Neil, expressed her appreciation for the Timor-Leste government's ongoing cooperation in the development of the Greater Sunrise field. Woodside is committed to continuing to work with the Timor-Leste government to develop the mining and gas project in the Greater Sunrise plantation to benefit the people and the nation. The meeting was attended by the Deputy Prime Minister and Ministers of Economic Coordination, Tourism and Environment, Francisco Kalbuadi Lay, the Vice-Minister for ASEAN Affairs, Milena Rangel, and the Embassy representatives

https://m.facebook.com/story.php?story_fbid=pfbid0Q68Be5JE6P3HGVL4ASLsfbDLR3nZtJ6Lb6M8wsdgP5Q11iHgFwYcCzGEyusqQswGl&id=100093943536549

Cheers Howey. Yes, you’re right. Need to dig deeper into this share. Positivity restored. A blue day today.

Post at 11:00 am is a humdinger. Recent happenings need explaining. I took some stick (rightly so) for being overly pessimistic. We don’t however want to frighten the horses. In your capable hands, Jarvy, could you now possibly set out the case for reasons to cheerful. Multi bagging dreamers need it.

Absolutely Eddie. Seeing this through. Selling now is insane. Viewed from afar, this still looks like a dream story. Tiny company with a low risk drill. Closer examination reveals uncertainties exacerbated by incompetence and reckless decision making. Canny management can put us back on track. Look toward to next updates. Plus Greater Sunrise decision will impact the entire picture.

OK. I was a bit cranky with our new friend. I’m here because anything is possible if the right calls are made.

The asset is amazing. In the right hands.

Bargain Seeker. You seriously asking me, have I researched the assets?

You’re new here. The view from 0.05 must look great. Good Luck.

Cheers Jarv. I’m entitled to a little gloominess. Off course, I want to see this change. I’ve done the ramping bit. Better to lower expectations.

Why am I here? Because once upon a time I thought I was going to make a lot of money. Mostly lost it all. Then I thought I was going to recover some of it. Not happening either. So, I hang around in the forlorn hope a miracle might happen. I also post stuff that makes little difference but keeps my faint hopes alive.

Ramping nonsense

My expectation is that the share price will struggle to hold on to any meaningful rise

Make of this what you will.

Xanana Gusmão requested that Woodside company contribute to bringing the Greater Sunrise pipelines to Timor-Leste.

(6th March 2024), Dili -

Prime Minister (PM), Kay Rala Xanana Gusmão requested that Woodside company respects the rights of the Timorese people in order to deliver the pipelines of Greater Sunrise to Timor-Leste. Xanana brought up this matter during an encounter with CEO of Woodside, Meg O'Neil, and requested that the company continues to respect the rights of the Timorese people in regards to the establishment of the pipelines and plantation of Greater Sunrise. Xanana emphasized that the Timor-Leste government also respects the rights of Woodside to carry out the exploration of the mining and gas project at the Greater Sunrise plantations. Xanana also urged Woodside to open up communication channels and cooperate to ensure mutual respect and interests are maintained. The Prime Minister stated that the people of Timor-Leste have been always committed to a permanent maritime border, and therefore, the Minister of Petroleum and Mineral Resources, Francisco Monteiro, is continuing the coordination and discussions with Woodside's commission to ensure the matter is resolved sooner. During the encounter, CEO Woodside Meg O'Neil expressed gratitude towards Prime Minister Xanana Gusmão, who continually believes in the cooperation for working together. Woodside is also committed to continuing to work together with the Timor-Leste government to carry out exploration of the mining project in the Greater Sunrise plantation. Previously, PM Xanana also had an encounter with the Australian government's special representative for the Negotiation and Development of Greater Sunrise, Steve Bracks, to discuss the future development of the Greater Sunrise project, which will change the concept of development in the future. Timor-Leste and Australia will also stop all past disputes, so that the two peoples, Australians and Timorese, can see a future relationship of great confidence and mutual respect.

https://www.hatutan.com/2024/03/06/xanana-gusmao-husu-empreza-woodside-kontribui-lori-kadoras-greater-sunrise-mai-tl/?fbclid=IwAR3Qu9eVUmnUW13whj7xDHrUwNk5d2Sb2v8QPMm-FhAv_3pN7xdfFujqBLI_aem_AcKRrnve1_Rbfe-c-0_HXfJU7iSxDqZLpvaHawZDZLOSmvtN6gRFjkfV6H8qhmQIiA0

Excellent Jc. This is sounding good.

Important to note that Covalima at the centre of the Tasi Mane Petroleum project has its own community (socialisation) investment laws.

𝐓𝐫𝐚𝐝𝐞𝐈𝐧𝐯𝐞𝐬𝐭 𝐓𝐢𝐦𝐨𝐫-𝐋𝐞𝐬𝐭𝐞 𝐒𝐨𝐜𝐢𝐚𝐥𝐢𝐳𝐞𝐝 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐋𝐚𝐰 𝐟𝐨𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲 𝐢𝐧 𝐂𝐨𝐯𝐚𝐥𝐢𝐦𝐚

𝐂𝐎𝐕𝐀𝐋𝐈𝐌𝐀, 𝟎𝟓 𝐌𝐀𝐑𝐂𝐇 𝟐𝟎𝟐𝟒 - TradeInvest Timor-Leste through the Directorate of Investment Promotion led by the Director of Investment Promotion, Mr. Ezaquiel da Costa Babo and team Socialized the Private Investment Law No 15/2017 and Government Decree No 2/2018 concerning the Regulation and Procedure for Private Investment for Business Community in the Municipality of Covalima.

In his speech the Municipal Secretary requested for national entrepreneurs to listen and understand the Private Investment Law before considered to invest in the Municipality of Covalima to contribute to the development process in the Municipality of Covalima.

Meanwhile, Mr. Grinaldo de Jesus further reinforced that socialisation of the Private Investment Law is very important, as it can served as general awareness to raise better knowledge of the law for investors so that in the future the Private Sector of the Municipality of Covalima can also contribute a lot to the municipal economy through the future investments that the Private Sector plans to make.

https://m.facebook.com/story.php?story_fbid=pfbid0364SCurGkFUhcdMy1tc4BrXMSLFa17UeVGF9MHi3iPHgmugvBbMAbLrFSTh4rfZ9sl&id=100064824159804

Timor-Leste is now a member of the World Trade Organization.

With consistency and tenacity, Timor-Leste works to find a position as a reliable partner in Southeast Asia, with a stable democracy, playing under international rules and participating of international organisations such as the WTO or ASEAN. A very different reality to the one they had 20 years ago, when they started their own sovereign journey..

Dario Bongiovanni,

Business Developer • Energy equity advocate

I’ll leave others to answer that in cash terms.

More than enough or not enough depending on their decide making over the coming months would be my thinking