The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Don't need any rumours, we have about 10 lots of facts
heading our way.......GLA
;))
all of which could do anything from boost to mega bag Baron
The link shows , when it all started to review the project , 1st April 2021
the results of those studies , announced in December 2021, recommended
switching from co-location at Beaco on the South Coast , to a Northern
site near Dili the capital......
Recent budget announcements, have pushed forward FEED studies and
FID for those import facilities in 2023, for Hera-Metinaro near Dili.
Projected massive Infrastructure funding 2024-2026 , all fits and for a cheap
source of local gas, the only reservoir that is available for fast track to meet
that timetable is , ta-da CHUDITCH.........GLA
:))
https://www.macaubusiness.com/east-timor-timor-gap-looking-at-switching-countrys-power-plants-over-to-lng/
Original statement proposing plan in Parliament, had conversions all completed by 2025
a player like ENI/Santos JV , could easily fast track Chuditch , to commence supply for
the first of the 3 conversions and beyond........GLA
Heading for the lowest total on the AIM since the day before the 15th Announcement
pump 1 , seismic heads up, pump2 raised 5m
pump 3, tomorrow
;))
Were getting an RNA in the morning
ding dong, our shares are gonna shine
pull out the stoppers
Rob's got some whoppers
but MM's get us to , hold a rise this time
for god sake , get us to Blue Skies on time
;))))))))
Oh hello , not blue yet but the book just woke up
Volume
248,640,747
Turnover (on book)
£7,735.39
Additional 34m traded over the AQSE.........
:))
Baron Oil PLC
Share
Baron Oil PLC Logo
Company pageOur storyWebcastsTrade recapFundamentalsAnalysis
EquityWhat's this?
Price (GBX)0.16 -1.84% (0.00)
BOILORD 0.025P
Track
1 instrument
Open / Last close0.17 / 0.16
High / Low0.16 / 0.16
Bid / Offer0.16 / 0.17
Special Condition: -
Trading Status: Periodic Auction Call
As at 28.11.22 13:53:43
sked auction/pme slot is 1400 , 1400-1410
Last time we had periodic auctions , outside of the sked slots, we had
a lot of big trades at both ends, both wanting a price.........spreads showed
their ugly heads again on Fridays 1700-1730 slot
and today being chained by UT trades as before.........
0800 0.1675p
0900 0.16p
1100 0.16p
1400 0.159p
:((
Jarv is 100% right
if they are daft enough to give them away, others will quickly soak up
:)0
Indeed some of the PI extra shares, could have been catered for by
PI's , selling some from holding, knowing the others to land soon
PI's can't actually forward sell those actual new shares, until credited in account
by individual brokers.......GLA
;))
have had a number of such issues, just hanging out at the bottom of the PF
until the evening before or on the day , addition to total holding in account.
Only 515m shares in issue, should move nicely when news and volume
arrives........GLA
:))
Major building projects, require power, they plan developments but power tools
do not work on fresh air........got to get that , stable, available to all, electricity
Government plan in place......the rest can then happen quicker.......GLA
;))
https://www.lowyinstitute.org/the-interpreter/planning-progress-timor-leste
Urban planning cannot solve existing problems overnight, but it helps to identify the underlying
causes and enables the formulation of long-term solutions, and will most definitely help to improve
development in the urban fringe areas such as Hera-Metinaro and Dare.
Hera-Metinaro - The Northern projects site (lpg/lng etc)
The Gas/LNG - domestic power supply , urgently needed to make electricity supply
stable and available to all ASAP
:))
We have churned 13 times the placing since its announcement (forward sold)
Tomorrow is only the PI's additional 302m shares to be added, we have been
churning 1 billion to a peak of 5.5 billion a session, how long do you think that
teeny tiny amount will take to flush.........
and only if those PI's are planning to sell, hardly worth it in the grand scheme
of things......
Was nearly 900m available for that offer, only 302m taken up, why because many
entitled to take up the offer, like a few on this board, bought more on the market
live when sub 0.12p offer price, after announcement..........GLA
Hold and they will have zero effect, only thing left in play, is the wonga fully run
away with safe easy profits , or kept some in reserve for the real action when it
happens...........since the late nineties , WONGA LENDERS, not II's fund most
things.........
Clue is in the name INVESTORS, they stick around, not immediately DUMP
all or majority,,,,,,,,,,,safe easy profits, own agenda , usually forward sold
down from high's to maximise profits, then do not give a rat's ****, if they
have to clear the rest lower, overall target capital/profit return their game
and usually do not give a **** , what the companies involved may or may
not do...........GLA
;))
28-Nov-22 08:00 0.1675p
28-Nov-22 09:00 0.16p
28-Nov-22 11:00 0.16p
Seem to be essential for the others that came in for the bid round
they were supposed to sign off in June, now ANPM says end of 2022
to Feb 2023..........what else could be the hold up......
Not essential for us, the Island clearly have 2 agenda's now , after 20+ years
of Tasi Mane being the be all and end all.....name dropped a week or so ago
Beaco ,main part of TM was 5-20 million tons per annum GAS LNG Export.....
Now Northern Metinaro site for Imports including LNG Tank Farm, all geared
to a 90 day strategic Island supply, in case of further major floods etc.........
The time scale for the Gas Lng Imports and power stations was originally by 2025
so unless planning to defeat the objective, save money and go for more expensive
imports, Chuditch the only cheaper gas deal on offer, to fit that time scale......
Tender for Beaco published in October, for completion by 2030......way to late......
Guessing Woodside would have it's nose out of joint but at the same time an initial
FLNG low production, for domestic supply , then increasing over time, would suit
the Island for Chuditch.
Over $400m spent on Sunrise already (late 90's - 2004 mothballed prices) and both
Darwin and Super Barge FLNG plans proposed by Shell, involved up to 30 wellheads
Woodside will still want that high production rate, from the start for Sunrise operations
;))
Also remember if , this time around Beaco finds support and a funder/operators
that is also good for us, it identifies a monetisation path, available to all via the
proposed Sunrise HUB feeding Beaco.
Would be an automatic return of value to all the stranded gas in the TL inventory
returning Majors/Tier1 would have at least 1 permitted monetisation path made
available, making Chuditch a high vis target, for all those still sitting on the fence
waiting to see how the Sunrise saga pans out.......GLA
https://wp-baronoilplc-2020.s3.eu-west-2.amazonaws.com/media/2022/06/Timor-Leste-Regional-Map-1024x769.png
And a very short tie-in for a prospective buyer, to the Sunrise HUB (MAP)
Messages from our current JV partner Timor Gap NOC
2 SEPARATE , projects now in play
South Coast
Bettano Oil refinery
Beaco Export Gas/LNG 1-4 strings each of 5 Million tons per annum
North Coasts
Metinaro Imports , including LPG and LNG
Fast tracked by a bigger player, Chuditch can supply Metinaro
via its proposed FPSO plans, which appear supported by the
comments in the only recently released T/G and ANPM annual
reports for 2021 (released after our announcements)
Referring to SundaGas and its progress with Chuditch........GLA
;))
https://www.facebook.com/photo.php?fbid=143190918474813&id=100083517152703&set=a.12893876990002
Timor Gap Facebook
://www.facebook.com/photo.php?fbid=143190918474813&id=100083517152703&set=a.128938769900028
https://www.facebook.com/photo/?fbid=142167765243795&set=pcb.142165855243986
Al
another upland release also let slip a little about , initial seismic analysis
looking good, think that was October, so can't be to far away now to meet
the JV deadline of Q4 results, not a lot of Q4 left.........lol
:))))))))
https://www.vagaservisu.com/2022/06/technical-consultant-timor-gap-ep.html
Project Description
TIMOR GAP E.P. intend to develop a Petroleum Import Terminal at a green field site at Metinaro on
the north coast of Timor-Leste.
The function of the terminal is to provide ninety-day national strategic stock of petrol/gasoline,
automotive diesel, maritime diesel oil, Jet A-1, LPG, and lubricants.
The proposed facilities will include a jetty, a liquids tank farm, an LNG TANK FARM, and utility systems.
FEED is planned to commence Q3 2022 with a view to preparing for FID during 2023.
FEED in progress Q3 - July.........ongoing..........
Joining dots, SundaGas drilling decision by June 2023
FID Northern Imports site development 2023
CPR January 2023
FLNG - Metinaro - Domestic gas supply - Island power stations - Electricity for all plan
much earlier than Sunrise gas would be available , via Darwin or Beaco if built......GLA
:))))))))))))))
lol
if only :((