Member Info for ifiknewidberich9

One is here and now, the CP deal a future enterprise , CP Ceo , he does not expect to be able to distribute GEX shares as part of the deal to his own CP shareholders until LATE 2026 (If , legal's , permit transfers etc, are slow, not unusual in this sector could be 2027).

CP if the deal completes, get the benefit of here and now Hussar/Mt Winter progress, before the deal being inked for sign off by all parties.

👀👀👀👀👀👀👀👀👀👀👀 are on here and now prize, not a deal completing , waaaaaaaaaaaaaaaaaaay down the road........GLA

AP , still has two potential lucrative WILDCARDS

Return to Mining, more Diamonds daily in Zimbabwe

Tajikistan CM/REE asset with Taj Gov and USA grant funding

Either will make the tender, no matter what it brings, seem CHEAP..........gla

AP stated it clearly in the 2 recent RNA updates over GNW/rns wires

Debt to be paid by

Diamond sales , NEW offtake agreements and other alternate finance

Clear, he is working on the basis, the Diamonds alone, probably will not do it alone.........GLA

So, he is far from expecting the silly £50 - £100m that has been bandied around on this board for months.

Last year he had $18m / £15m in mind , podcast comment, on share price that day dropping below £15m, he said and now today

The Diamonds are worth more than our entire Market Value........

Based on recent events and comments, thinking many on here would be DELIGHTED, if we got £15m / $18m for the lot

(remainder still to be sold included)........GLA

C U Monday, see what the week and rumour mill brings.

Today marks the end of the beginning, multiple studies have been done over the years on pipelines (6 all ok to cross the 3500m Timor Trench) and take production here , there, neither wanted to agree on, this after 23 years, FINALLY states on the same page for a SPECIFIC SITE.......C U Monday....GLA

Extraordinary Meeting of the Council of Ministers on November 22nd, 2025

Presidency of the Council of Ministers

Spokesperson of the Government of Timor-Leste

Ninth Constitutional Government

Press Release

Extraordinary Meeting of the Council of Ministers on November 22nd, 2025

The Council of Ministers met at the Government Palace in Dili and decided to grant full powers to the Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro, to sign, on behalf of the Government, the Cooperation Agreement with Woodside Energy, Ltd. on the TLNG1 (Timor-Leste Liquefied Natural Gas from Timor-Leste) and the Greater Sunrise Field Pipeline and Development.

This agreement is part of the Government's strategic efforts to enhance the value of national natural resources, in accordance with the 2011-2030 Strategic Development Plan, and marks a significant step towards the joint technical, commercial, and regulatory assessment of a future LNG facility in Timor-Leste. Negotiations carried out by the Ministry of Petroleum and Mineral Resources with Woodside Energy, the rights holder for the Greater Sunrise field, have established the necessary conditions to FORMALISE this COOPERATION, which will facilitate further studies ESSENTIAL TO THE PROJECTS DEVELOPMENT.

With this decision, the Government is advancing with the realisation of a vision that aims to strengthen national energy industrialisation, promote economic diversification, and ensure that the use of Greater Sunrise resources directly contributes to national development.

Said 5 years ago, nothing would happen here until the local issues and politics, got out of the way.

Sign at the upcoming meeting and their half way there......... 👍👍👍👍👍👍

Your still missing the point, 23 years of NO YOU CANNOT and WE DON'T WANT TO DO THAT

now

Planning to sign on a progression to , BOTH TOGETHER WORKING ON DEVELOPING FOR THE SAME LOCATION.

That will move the stranded monsters in the TL section of the Timor Sea to now moving towards having a HOME TO GO TO

Not been the case for 23 years......this is a massive shift.

Without plans to BUILD, somewhere, anywhere, the area has STALLED all these years, 23 years talking talks of opposing views, now with signature (if it happens , might be another talked up by TL but nothing agreed on the OZ side and no signature event)

BUT if it is signed, the Goalposts are massively moved, from poles apart to TOGETHER/SAME PLAN..........

Petroleum Import Terminal

TIMOR GAP continues working towards developing the Petroleum Import Terminal (PIT) as part of its commitment to guarantee energy security through storage and fuel supply. The PIT will respond to the need for increased investment in fuel storage to meet foreshadowed petroleum fuels import requirements and ensure ongoing security of supply.

The terminal is designed to receive and store a total of approximately 110,000 m3 in gross capacity of fuel, including storage tanks for diesel, gasoline, aviation fuel, and LPG which will increase the national storage capacity by 40%. This will allow the terminal to store a fuel stockpile of 120 days, comprising a 90-day national strategic petroleum stock with an additional 30-day fuel stock to be stored by TIMOR GAP for trading purposes.

LNG Import Terminal

On 30 March 2021, TIMOR GAP awarded a contract to Wood Group Kenny Sdn Bhd, a global consulting and engineering company, to perform a six-month Feasibility Study, including assessing the potential market supply for import of LNG (Liquified Natural Gas) to Timor-Leste, develop a concept design for an LNG Import Terminal and associated LNG regasification facilities, identify potential site locations for implementation of the referred Terminal and conduct a site selection assessment.

Developing LNG capabilities would help Timor-Leste’s plan to achieve a significant reduction of both fuel supply cost and greenhouse gas emissions while also converting its main power plants to fire on natural gas. Imported LNG would fuel the existing power plants in Hera, Betano, and Oecusse.

This only has to be built for small scale operations (Chuditch early doors 1 well poss 2)

Shell, Conoco and Woodside plans for Sunrise expansion to 26 - 28 wellheads and 4 million tonnes LNG per annum. Darwin pipe or FLNG Korean built specifically for Sunrise , near completion before Horta pulled the plug 2008/09? having had Darwin pulled when half built in 2002 (2003 production plan)

Sunrise been on care and maintenance - since 2004

Chuditch remains, the FIRST game IN TOWN

(TL PIT/GRID PLAN)

Syntax wobbled on that one 🙄

Australian companies and their partners are actively advancing natural (geologic) hydrogen and helium exploration and potential production through

partnerships, drilling approvals, and research collaborations. This emerging sector is focused on unlocking natural reserves, which could be a

cost-effective, low-emission energy source and supply critical industrial gases.

Key Projects

Halo Capital & Penspen Partnership: Halo Capital and global engineering consultancy Penspen have partnered to accelerate the development of two

significant projects: Hussar (Western Australia) and Mt Winter (Northern Territory). These projects aim to unlock vast natural hydrogen and helium reserves to meet growing global demand. Georgina Energy, the original rights holder for these projects, has received necessary approvals to begin

drilling.

Gold Hydrogen Limited: The company has reported "world-leading" test results from its Ramsay Project in South Australia, with hydrogen purities up

to 95.8% and helium purities up to 36.9%. Gold Hydrogen has secured a strategic investment from major Japanese firms (Toyota, Mitsubishi, and ENEOS)

to fund further appraisal drilling and explore commercialisation pathways, including green methanol production.

Constellation Resources & CSIRO: Constellation has a research agreement with Australia's national science agency, CSIRO, to explore natural hydrogen

and helium in Western Australia's Edmund Collier and Yerrida projects. Initial data evaluation by CSIRO has confirmed evidence of these gases in the

targeted areas.

Whitebark Energy & Thor Energy: Both companies are actively exploring in the Officer Basin and Amadeus Basin regions. Whitebark's Rickerscote prospect

has been independently verified to hold significant hydrogen and helium potential. Thor Energy, focused on its HY-Range project in South Australia, has

reported outstanding geochemical results and is working toward drilling in late 2025.

H2EX: This private company is undertaking a study with Black & Veatch to explore and extract natural hydrogen and helium on the Eyre Peninsula in South Australia, with concept designs underway for potential co-production.

Government and Industry

National Strategy: The Australian government released its updated 2024 National Hydrogen Strategy, which refocuses on accelerating growth through production targets and incentives to build the industry at scale.

Research

Government agencies like Geoscience Australia and the CSIRO are providing crucial geological data and research support to de-risk exploration for private companies.

Challenges in Green Hydrogen: While natural hydrogen exploration is progressing, several large-scale green hydrogen (produced via electrolysis) projects have recently been delayed or cancelled due to economic factors, highlighting the potential appeal of naturally occurring sources.

These efforts aim to position Australia as a leading global supplier of both helium and

The modular refinery project forms the second major component of the downstream expansion. Estimated at US$620 million, the refinery is designed to process Cameroonian crude in its initial phase.

Come on JA, time to get a wriggle on, so you can help FILL IT, when built..........GLA

Friday 21st - Cameroon building more capacity, ready for more production.

Beyond the upstream component, SNH presented the CSTAR-related investment roadmap comprising two major downstream projects: a strategic tank farm and a modular refinery. The tank farm is positioned as a core asset within Cameroon’s energy logistics system, designed to stabilise product availability and strengthen supply security.

The facility is planned to hold 100,000 metric tonnes of diesel, 100,000 metric tonnes of petrol, 30,000 metric tonnes of jet fuel and 20,000 metric tonnes of kerosene. The capital cost is estimated at US$198 million, with projected annual income of US$0.3 million against operating costs of approximately US$6 million. The internal rate of return is estimated at 10.5%, with a payback period of around ten years.

The modular refinery project forms the second major component of the downstream expansion. Estimated at US$620 million, the refinery is designed to process Cameroonian crude in its initial phase, with later stages allowing the integration of other grades. The projected product slate spans diesel to bitumen. Economic benefits are estimated at US$66 million per year, alongside wider gains through reduced imports of refined products, expanded industrial capacities and increased domestic value addition.

SNH confirmed that preliminary engineering studies, detailed design and early site works are underway. The 250-hectare site near the Kribi Deep-Sea Port has already been secured, and basic engineering studies have been completed. Work teams from India, China, Dubai and Cameroon are being deployed on site, with the foundation stone laid on 17 June 2025.

The corporation emphasised the expected economic impacts of both projects. The tank farm is projected to generate employment opportunities, stimulate logistical activity and strengthen cost stability across the petroleum supply chain. The refinery is expected to reduce import dependency, promote technology transfer, deepen industrial expertise and contribute to national GDP.

Today marks the end of the beginning, multiple studies have been done over the years on pipelines (6 all ok to cross the 3500m Timor Trench) and take production here , there, neither wanted to agree on, this after 23 years, FINALLY states on the same page for a SPECIFIC SITE.......C U Monday....GLA

Extraordinary Meeting of the Council of Ministers on November 22nd, 2025

Presidency of the Council of Ministers

Spokesperson of the Government of Timor-Leste

Ninth Constitutional Government

Press Release

Extraordinary Meeting of the Council of Ministers on November 22nd, 2025

The Council of Ministers met at the Government Palace in Dili and decided to grant full powers to the Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro, to sign, on behalf of the Government, the Cooperation Agreement with Woodside Energy, Ltd. on the TLNG1 (Timor-Leste Liquefied Natural Gas from Timor-Leste) and the Greater Sunrise Field Pipeline and Development.

This agreement is part of the Government's strategic efforts to enhance the value of national natural resources, in accordance with the 2011-2030 Strategic Development Plan, and marks a significant step towards the joint technical, commercial, and regulatory assessment of a future LNG facility in Timor-Leste. Negotiations carried out by the Ministry of Petroleum and Mineral Resources with Woodside Energy, the rights holder for the Greater Sunrise field, have established the necessary conditions to formalise this cooperation, which will facilitate further studies essential to the project's development.

With this decision, the Government is advancing with the realisation of a vision that aims to strengthen national energy industrialisation, promote economic diversification, and ensure that the use of Greater Sunrise resources directly contributes to national development.

Could also, now give AB, more side bar chats at the event, TL's potential production profile being raised by todays cabinet meeting.

For me that granting of powers to sign, will send a very positive message to all those , sector players that have sat on the side lines for 20+ years

Likewise the money men to fund large operations........GLA

For 23 years its been

We want Darwin/FLNG/FPSO - Horta/Gussy - NO

We want Beaco//Beaco-Metinaro//// all to Natarbora

Been at least 4 sets of studies done by the parties involved, all ending in disagreement on where the pipeline/other should go, never an agreement to BOTH conduct plans and studies on BUILDING an agreed destination.........

This is a massive change, from more talking about more talks, on talks to do nothing, its a big step forward to giving the resources Sunrise/Troubadour aka Greater Sunrise , Gas and condensate fields a SPECIFIC home to go to.........SPOT THE DIFFERENCE

All the gas and companies , given no value as its going NOWHERE, after 23 years now a strong possibility , they WILL have a home

Do not need FID at this stage , just need a commitment, they have chosen a mutually agreed site to develop, the process moves on, how will it be done, same as any project, the tenders for Sunrise on your facebook snippet , was now looking at 2032+

When split into two projects from Tasi Mane, the National Grid conversion to Gas via the PIT LNG/Gas Import facility "when gas becomes available" was quoted as wanted ASAP , Rauk in Parliament quoting would like ASAP or by 2026/27 when the quotes for Sunrise 2030, so it was never going to be Sunrise.

First gas available , is going to be Chuditch..........

The plan laid out by Rauk was in response to the compounding of covid with poor Grid stability , many, many outages and the cost and availability of Diesel. Expansion of the Grid to 100% coverage, more substations lines etc and the conversion of the Islands 3 power stations to GAS.

The latest budget , threw what was it $168m to complete the 100% GRID work, according to that National Emergency project, conversion to follow and again it won't be Sunrise, if still talking ASAP or 3-4 years before it would come on line if it ever did.......GLA

Chuditch drill's 2026, distance from Chuditch to Bayu-Natarbora about the same as the recently built 400m pipe Santos did for Barossa - Darwin, that took about 15 months, after all the legal's cleared over the Tiwi Islands protests.

Original statements by Boil now Sunda , was for Chuditch production by 2028, they could still do that and go to the Natarbora Import terminal initially with 1 or 2 wells. TL has its Domestic security plan done and duster, as promised by Parliament to the people, after the Island ravaged by storms on the back of covid.

Still on timelines way ahead of Sunrise 2nd pipeline to Natarbora Gas/LNG Exports terminal (up to 4 strings as required - original TM Plan)

Missing the point, the process has not stalled for the 100th time and now seem to finally be on the same page for a processing site on Timor Leste, not back to square one, you want, we want. It's no longer will it be built, it's studies on how we will build it together. That advancement should be good for us the possibility of the single string IMPORT facility PIT gas/lng, previous PM Rauk planned years ahead of Sunrise, may now under Tasi Mane also progress, once the first section of the Natarbora site cleared for building work.

Still see, all those previous parliamentary statements as , Electricity GRID (More in the just passed budget) and conversion to Gas "when available" as a

clear, if waiting for their own gas and planned to be 4-5 years before Sunrise tenders.

It has to be being supplied by Chuditch, what else do they have ?

Gusmao basically threw everything back to his original Tasi Mane project, when he came back to power , just at Natarbora instead of Beaco, including the domestic security planned Metinaro PIT

Which was a boost for us, as if the plan was already Chuditch, no longer had to ship around the Island to Metinaro near capital Dili on the North Coast,

a pipe straight , or as it turned out via Bayu, would speed up the process and volumes by pipeline, for Chuditch and other new finds that follow in Santos own wider AREA R (bayu area) etc........GLA

Have a great weekend, the end of the beginning is nigh, Santa is loading his sleigh for a SUNDA RALLY

😉😅😅

🔴👀👀👀👀👀 WHO, will now come a knocking at SNDA's door ? 🤔

IF , that signing goes ahead after all these years (23 since Gusmao stymied Shell and others) Not just those that departed, will start paying more attention to TL Timor Sea area waters, either side OZ and Indonesian waters, have been PROLIFIC since the 1970's.

Sunrise , Troubadour , Chuditch , Kelp and many more to find on trend with OZ/Indonesia discoveries, WILL HAVE A HOME TO GO TO =

No longer stranded under the sea, production and most importantly to the INVESTORS, a return and profits, MUCH, MUCH SOONER

GLALTH...

TODAY

The Council of Ministers met at the Government Palace in Dili and decided to grant full powers to the Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro, to sign, on behalf of the Government, the Cooperation Agreement with Woodside Energy, Ltd.

Been a thousand meetings over the past two decades, this move I have only seen a few times, for various other sector ministers, for an EXPECTED SIGNING

when the principle (PM unavailable due to higher priorities / previously booked Government event) They must be confident , this will happen at the upcoming meeting.........GLA