RE: Greater Sunrise Timor Leste28 Mar 2025 13:55
AB , Colin and the Sundagas team arrived on TL in 2016 and built the local industry, still provide training to this day.
Timor Gap funded by annual handouts by the Gov, with additional loans , down as to be paid back on first revenues, like the $650m LOANED to them by Gov from the Island fund, to pay off on the cheap Shell and Conoco Phillips 56% hold of Greater Sunrise (Sunrise , Troubadour)
Nothing has changed , Gusmao KILLED the region in 2002 , when he gave them a NO to Darwin , when Woodside had already more than half completed the Darwin East Complex, which was specifically for Sunrise. Gusmao making it a LAW DECREE , its all our's it all comes to the Island soon under his Tasi Mane plans.
Expecting someone to jump in and pay for and build the complexes required asap for him , which they would pay back over time from profits.........23 years later, he's still waiting for the FUNDS TO BUILD.......
Beggars can't be choosers, ANYONE comes in Japan, China , OZ , Qutar , Dubai or others that have made offers of assistance to both Gusmao and Horta, they will snap their hands off, with Sunrise a little more complex as OZ has first dibs.......no dibs if TL agree with someone else , eg Natarbora starting with other fields , they are all 100% under TL authority........