Member Info for filthylucre

Refreshed their website on Timor.
Might be interesting

Hope you’re right. I want to see their appearance cancelled.

Anybody want to talk about the elephant in the room? Yesterday’s link about the investment conference end of April.

That’s a beautiful positive slant on it. I’ll run with it.
(although still privately a little concerned).

Good point Fish. Could be a huge winner for BOIL. I do forget about it. Wrongly so b
When people talk about 2p, 5p etc, they’re not basing it on Dunrobin. All about Chuditch. That’s the big attraction. Rightly so. But risky. Nothing certain. Dunrobin should figure more highly.
CDF, I’m a long term holder. Not pumping but pretty excited and hopeful. Any disappointment surrounding Chuditch will see dumping. That’s the nature of this stuff. The twitter hype attracts day traders or get rich quick types. Fingers crossed. A crazy wild RNS blows our minds. Otherwise, tin hat time.

Worried we might raising expectations a bit too much which can often backfire. Expecting an excellent CPR on Chuditch and a positive update on Dunrobin. That would be more than good. But a farmout/ partner/ takeover/ bid on Chuditch? Remember the measured tone in their most recent update;
“As such the ERCE CPR will form an important component in the Company's continuing efforts to attract additional industry partners to participate in the next phase of the Chuditch PSC.”
Now we hear they’re confirmed to be showcasing the block at a conference in 3 months time. I hope that’s a backup plan and not an indication of current standing.
Biggest stumbling block is zero route to market without TL/ Woodside or somebody’s big money intervention. Bound to be a huge hurdle in selling the block.
The sp will will let us know in the run up.

BOIL showcased Chuditch and give a presentation at this event in 2022. I would like to think we have moved forward regarding interest in the block.

Good spot missdosh.
Hopefully events might overtake Sundagas before then. Although, it might suggest there is still a lot of selling to be done at this point.

Can’t agree with that. There will be a huge number of jobs in the new Green Economy. Net Zero is happening. There is no scam. Climate change is very real. If TL want to have an oil/ gas industry, they better get a move on. The future is not in oil and gas and they know it.

What we need to hear is a PSC agreed between Woodside and TL. That would be a great step forward. Gone very very quiet.
The Kuwait story seems like it could be really important too. Even mentioning gas pipelines.

He said that his company wanted to invest in the country because the Government of Timor-Leste had planned to build oil refineries, petrochemical plants, and underwater pipelines.

•Al-Bader International Development Company
W.L.L (AIDCO) is committed to investing in the development of the Timor-Leste infrastructure, says the company's Chairman, Youse Al-Bader.
Yousef explained that his company will discuss with Timorese leaders its plan to invest in oil refineries, petrochemical plants, hospitals, universities, houses, airports, etc.

https://en.tatoli.tl/2023/01/24/kuwaiti-company-wants-to-invest-in-timor-leste-infrastructure/20/

????????, ???????? ?????????????? ???????? - Investment and Export Promotion Agency, I.P (TradeInvest Timor-Leste) has facilitated the Al-Bader International Development Co. W. L. L from Kuwait to visit Timor-Leste.

During the visit, TradeInvest accompanied and facilitated various meetings with relevant institutions such as the Coordinating Minister for Economic Affairs (MCAE), the Ministry of Petroleum and Minerals, the Ministry of Transport and Communications, the Ministry of Higher Education, Science and Culture, the Ministry of Public Works, Timor Gap, the National Communication Authority (ANC), and others.

During the meeting, there was discussion about the area of interest from the company and explore the potential to collaborate with the Government in the sector of petroleum, transport, education and infrastructure.

Warm words between Horta and the Australian ambassador today. Here’s hoping it’s a positive sign for a Sunrise deal.

Australia will continue to support Timor-Leste and consolidate bilateral ties – embassy

“We will continue this relationship in the future. Whoever the President and the Government are, they will have to be smart enough to recognize that there are no two more important countries in the region for Timor-Leste than Australia and Indonesia”, he said.
Anyone who does not understand this, he emphasized, “may not be serving the best interests” of Timor-Leste, especially since the two neighboring countries and their leadership “have shown that they are our friends and that they are vital in peace, security, development and in the prosperity of Timor-Leste”. - Horta

The ENI story is a good one. Sounds plausible.

Quick reply, Doug. I agree, think he’s wrong. Things moving fast in the right direction. Just need confirmation of a funded strategy to move gas to port. Still, a concern but It will be done.
I think it’s silly to close down another opinion. Counter it. Ignore it. Echo chamber is never s good idea.

This is silly. He makes some good points. There are risks. There is no certainty. Otherwise I’d mortgage the house and put everything in here. Ridiculous to suggest that no one is allowed to have a negative opinion on BOIL. Every investor should be aware of the risks and the rewards. The rewards winning by a long shot right now. I’m excited but realistic.

We do want the simplest option. A deal with Woodside. You have ruled it out. It’s very possible. They also have potential international investors to find the billions if they go down that route. Yes, it’s a major hurdle and the biggest risk associated with BOIL. I’m not counting my chickens by no means but this is looking good. Hopefully the announcement in February delivers an optimistic statement on Chuditch farmout/ sale progress. Anything less would not go down well.

Jaillis, Timor government are moving. If no agreement with Australia. They will go alone. But they will develop these gas fields this year.

The ERCE report may have been delayed waiting for new subsurface data. Hopefully enhanced.

I would recommend you invest every penny you’ve got. Right now.
Only joking. It’s impossible to know for sure how this will pan out. Updates in February. We think the news will be good and we know the Timor asset is worth a huge amount of money. Check out the company’s recent presentation on their website.

Interesting Jarv. Data continually being updated. New data from. BEG could be extremely positive.
ANPM talking very confidently about Greater Sunrise development.