Member Info for ifiknewidberich9

This share is like Tesco's, until some news flow arrives......... 😉😅

Perfect example of T.I.A. timescales..... 😅

Close but taken from site 2006, on first successful High Court decree to be returned 2010 Minister appealed , then placed in the RBZ Vault, tumbleweeds until the recent , 2nd High court award back, this time uncontested, two years ago.........still we wait..........GLALTH.

So the turn of the century then

😉😅😅 YNWA

Some trades for a change and Blue.......... 😲

Other references to the TL SDP 2011-2030, which is TL's own blueprint to use oil and gas revenues to develop itself and its other sectors, in prep for beyond oil and gas.

Looks like OZ planning to up its game , across the board in support of TL's future development.........GLALTH.

Government spending is equivalent to around 90 per cent of GDP.

11 Until December 2023, 90 per cent of TimorLeste’s government revenue was derived from oil and gas. This revenue has reduced with the depletion of the Bayu-Undan oil and gas field.

12 The Greater Sunrise oil and gas field has the potential to contribute significant future returns for Timor-Leste’s economy.

https://www.dfat.gov.au/sites/default/files/australia-timor-leste-development-partnership-plan-2025-2030.pdf

https://www.dfat.gov.au/publications/development/australia-timor-leste-development-partnership-plan-2025-2030

Timor-Leste seeks to reach upper-middle-income status by 2030 through investment of petroleum revenue in

education, health and agricultural productivity

Future growth will depend on the development of the Greater Sunrise gas and condensate fields, which would cause real GDP growth to remain steady at 3 to 3.5 per cent out to 2040. Without Greater Sunrise, depletion of Timor-Leste’s sovereign wealth fund within 10 years is predicted and real GDP is likely to decline.

Timor Leste action plan

Raise awareness

Promote Australian capabilities in mining, energy and METS

Remove blockages

Support progress on and implementation of outcomes from Greater Sunrise negotiations

Build Capability

Promote sustainable development of Timor-Leste resources sector through scholarships and government-to-government exchanges (e.g. LNG Partnership program) Geoscience Australia to work with Timor-Leste partners on geological surveys to support exploration and investment

Deepen Investment

Support the establishment of an Australia – Timor-Leste Chamber of Commerce

https://www.dfat.gov.au/sites/default/files/saes-2040-country-profile-action-plan-timor-leste.pdf

😂

Dog of the decade being UKOG.... 🙄😅

Still just well heeled PI trades, you will know when the much bigger trades arrive, e.g on here 2 years ago, an after hours BUY for highest price of the day for """""""" £364k """"""" , we will see the likes again 😉

Even dog of the decade had 3 on the open market over 3 days for a total of £6.25 Million (French Major Maurel Prom), the stall before its legendary rise from ground floor to almost kiss 12p (whole pence , not the fractions it is now) GLALTH.......

Excuse the pun, the potential in Tajikistan is VAST

November conference, on which AP sat on the main panel board, speaking about both Mining and Energy. Then in December announced the MOU with the Tajikistan Government, January throws in a loan of £500k of his own money.

If it talks like a duck and walks like a duck...............

700 available known deposits in country and recently announced plans in progress to also boost its Mining, Energy and

water sectors......

Sulton Rahimzoda, Tajikistan’s chairman of the State Committee on Investments and State Property Management, encouraged companies to invest in Tajikistan’s green energy and mining sectors. In terms of Tajikistan’s mineral deposits, 88 percent are untapped, he said, pointing to the strategic need for green energy and mining investments. “We have identified around 800 deposits, but only 100 are currently in use. This represents about 12 percent of our mining potential,” he said. Tajikistan is rich in minerals essential for green transitions including lithium, antimony and silver, and the country ranks third in antimony production.

Has AP stumbled into a winner at last ????????????? 🤔

Said for 5 years , this would not move ,until all the local issues resolved and a ROUTE to market available.

IMO , all the obstacles have now , melted away and Chuditch is on standby for action.........

https://www.youtube.com/watch?v=sqnMwXfnPb8

Their blinkered view , was our gain, sadly the malnourished and stunted people of TL, would have been much better off if Gusamo/Horta had agree with the majors, with the Island fund sitting around $100+ billion, not on the cusp of a fiscal cliff.

Sunrise , Troubadour , Kelp (mobil 1998 10-14.5 tcf) and Chuditch would have long drained, with the mostly unexplored 11 offshore license providing new discoveries to follow.

Their loss, is why we inherited non tender, so much to GAIN.............

100% KEY has always been, a TL approved route to market, we now appear to have that in TLNG Natarbora 👍

Never given a green light for anything to go or do anything else, so we are back in the fold, if they build we have a home to go to, without the gas is worthless.

Woodside has carried its 34% of Sunrise 5tcf and 225mb Condensate on its books at $0.00c for several years, way back was pre gas price boom 34% valued at Aus $380m

After saying leaving in 2009, the majors finally left Sunrise, for a TL rip off, Gov loaned T/Gap $650m to take Shell and Conoco's 56% in 2018/19 , not a lot as they spent $400m+ on the license development

At 2021 conference Sunrise valued at over $60 Billion plus $15 Billion for Troubadour if taken to production, again pre gas boom prices. So what is our current 60% of 3.5 tcf (shell 90's full license over 5 tcf plus upside leads) worth if a firm production path put in place?

Its why like Woodside GS, our Chuditch has NEVER been given any real value for the, long viewed as stranded by the market for its gas, the original shell discovery drill, on the edge of reservoir 25 thick, the new drill 6 times as thick location , as you posted 149 thick.

Shell placed a 100% COS on any future Chuditch drills, CH2 will increase our GIIP and reserves levels also , still with Shells upside leads to play with.......

Without a home, our gas given little value, with it , Sunrise Woodside 34% will go from zero to hundreds of millions as it once was, likewise Chuditch 60% will finally get VALUED and correct in line with Sunrise/Woodside books.

It's why since obtaining a Super Majors fully mapped and discovery drilled license, we have sat at pathetic lows v asset value, albeit aided by clueless snail paced yeo ho ho and co , wonga pump and dump confetti placings.

Has always been linked Borsaci, the Gusmao/Horta have always said , its all ours it will come to the Island , was not just talking Sunrise, Gusmao when previously PM , announced it as a DECREE LAW in Parliament.

3-4 years ago, (Boil) Sunda announced having looked at multiple options, has settled on producing Chuditch using FPSO, the same month, TL Gov announces they are conducting new studies, into a Sunrise HUB, with CHUDITCH , GS and Kelp (around 25-30 tcf total) would all be coordinated development, to ALL feed Beaco when built.

Here we are, the plans changed again but not for the TL Gov, Chuditch now set to go to the Island at Natarbora.

This , our way or the highway attitude, is why the Majors all left and our minnow inherited such a large asset without TENDER, after our big picture leader AB , moved in to help them build their own industry 2016 (Timor Gap , ANPM etc)

and train them to this day. Formed and floated Sundagas which holds the license (not boil/Sunda Energy) on the Singapore Stock exchange and rewarded with the non tender award of Chuditch in Nov 2019)

Boil failed to RTO, could not raise the required and commenced taking bits initially 25% chud/33% Sundagas until eventually 75% chud/100% Sundagas owned, more recently down to 60%. Chuditch was offered on award to Boil

related (nepotism) Dr Butlers on both boards.....the rest is snail paced yeo ho ho boil confetti history.🙄

AB got his ball back and is now back on track, to build his Asian Gas empire......... 👍

Why would he place again now at the lows, he just placed, placed his own non secured £500k on the line. Would not normally trust him to tie his laces BUT being ceo he knows the state of play far better than we do, must be something afoot, for him to make such a confident and bold move, vice his usual trademark, yet another dross confetti placing. 🤔

10 Jan 2025 07:00 Financing Update Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

10 January 2025 Vast Resources plc(‘Vast’ or the ‘Company’)

Financing Update

Vast Resources plc, the AIM-listed mining company, is pleased to announce that, whilst continuing to finalise its various funding options as previously announced, the Company has accepted an interest free, unsecured loan of €500,000 from its Chief Executive Officer, Andrew Prelea, repayable when the Company finalises funding and can afford to do so. The loan will be applied towards the Company’s general working capital requirements.

Will AP give us an Anniversary present , like how much has the 1st year generated (profits? not just bland revenues)

Finance update, BP and Taj all projects progress? again profits? not just BS BR, the 18 year elusive Diamonds return.

Or even first Taj year has been so good , plans to take up the options early. 😲

16 January 2024 Vast Resources plc ('Vast' or the 'Company')

Completion of transaction regarding Aprelevka Gold Mines

includes

Vast will be entitled to a right of first refusal to convert its entitlement into an equity interest of 10% in Gulf at any time from 1 January 2025

Vast will be entitled to a right to acquire at market price up to a further 20% of the shares of Gulf at any time from 1 January 2025

Agree Muck , Vast holding 30% of Gulf, would be a bit more palatable for holders, given AP's own holding of Gulf currently.

Fingers crossed Gulf making a mint and the to be revealed figures explain his sudden wealth, to fund Vast himself with a loan.

interest free, unsecured loan of €500,000 from its Chief Executive Officer, Andrew Prelea, repayable when the Company finalises funding and can afford to do so.🤔

Australia only have first dibs with Greater Sunrise, which it would appear now will join our Chud-Bayu-Natarbora line.

GS running pipe West to our (conoco 90's crossing point for Bayu plan that did not go ahead)

Means , Chuditch , Kelp , new finds , do not require OZ involvement, so if they turn down first dibs on the site onshore infrastructure , Gusmao/Horta can open it out to others, leaving OZ/Woodside to join them later or depart for others.

The longstanding model of its all Sunrise to the South EAST coast Beaco, no longer applies, hundreds of millions flushed away, now a new plan in place for the central South Coast. As said pretty much Conoco Phillips 90's original plan for Bayu Undan (shot down by shareholders on cost, so went shallow waters to Darwin)

Materials and modules have moved on a lot since back then, so the expense card, is no longer valid.

Conoco's plan back then to avoid going into the up to 3500m deep Timor Trench, by using a suspension bridge pipeline, which would be held in place off the seabed and below shipping levels. The trench itself seismic and was expected to move 3-4m during Bayu's production life cycle.

Just who is going to pay for the pipeline and onshore building costs initially remains, could be done back then, can and will be done now, still OZ/China Paddy Power's favourites, to win regional bragging rights/influence....... GLALTH

Irish money. Doubt it, talking billions, it will be Australia, China BRI , Qatar , Dubai , or one of the others flush with money, that have offered to help in the past, even the Sultan of Brunei in the mix.......GLALTH