Member Info for MisterPositive

Chuditch - Best case 3.625 TCF

Farm Out process accelerating with CPR due soon based on reprocessed 3D.

Timor-Leste government active in news headlines actively marketing for Investment in TL.

Kuwait company recent announcement of looking to build 20,000 or so houses and Hospitals, infrastructure etc. Why after all these years?

Old fields in Timor-Leste coming to end of life.

LNG demand from China, South Korea and Japan to increase even further and needs to be met.

All signs point to major activity about to happen with International Companies being invited to come to Timor-Leste.

With Baya-Udan taps about to be turned off as it runs out after all these years.

Chuditch on stand by....with ENI next door.

"Right place at the Right time"...comes to mind.

Even @ 1p this would be only £189m MCap.

3.6 TCF recoverable at todays Gas prices is worth $$$ Billions.

Some excellent research and news articles shared by posters on this board. All looking very good.

Baya-Udan taps about to be turned off.
Chuditch on standby. Lovely.

Timor-Leste in a hurry now. With a very busy Feb
coming up. Will be nice to break 0.26 next week.

Nice finish to the week.

Agree. Feb is going to be Huge.

Pretty sure SHELL also keeping an eye on CPR and proceedings here after giving away Chuditch on the cheap some 40 years ago.

Fast forward now with high Gas prices and ever increasing demand from Asian economies to secure Gas supplies for next decades.

Shell might want to take Chuditch back but they will need to pay Up.

Would love a bidding war between SHELL and ENI

BOIL is not the operator, nor do they want to be.

They looking to sell their 75% stake in Chuditch to a bigger player like ENI, SHELL, Santos, etc to take over and develop.

$1 billion valuation for Chuditch is 4.28p
$0.5 billion valuation would be 2.14p

Using approx Fx rate and 18.9b shares.

Just a guide. You get the picture.

Big Pharma can dish out $200m - $250m in the blink of an eye if they want to get a hold of your product pipeline and intellectual property rights.

GDR has made huge progress over past 2-3 years in advancing some of their unique product line up and could be in for a Big pay day soon.

Yes. CPR major value driver coming up to finally unlock value at Chuditch after all these years.

Broker risked price target of 0.77 looks very conservative.

ENIs floating LNG method seems very pragmatic and quickest solution and also less expensive.

Irrespective of whichever method is put in place in the end, one thing is for sure that Timor-Leste Wealth fund is running low and need revenues to come and fast. Hence TL finally getting a move on after sitting on their Massive resource for so long. Suddendly there seems to be some sort of urgency kicking in.

Yep. Larger resource figures expected to be delivered vs old historical numbers.

Bit of a teaser for the Day traders...

Zak mir 0.25 next week (short term target) with both 50 DMA and 200 DMA rising.

With strong momentum building ahead of Feb CPR, will not be surprised to see 0.25 tomorrow or Monday.

Thats a daily average around 1.25 billion.

Some position taking going on ahead of CPR

Alvernikov
Excellent points you raised about ENI. Would make perfect sense also.

Saw someone mention here ENI spending $8b next door....or something around that figure.

How much would ENI be willing to dish out to grab Chuditch also ?

All eyes on Feb CPR for Chuditch. Lot of big players waiting in the wings before showing their hand. Wonder if ENI been in our Data room also.

Who knows there could be some Fund managers already getting in....looking at some Large trades this week with daily volumes around 1.3 bllion to 1.4 billion shares.

Heading for another +1 billion trading day.

If Special Dividend is announced lets say 80% of sale proceeds returned to Shareholders, then large Pension Fund managers and institutional investors will be all over BOIL like a rash.

They would pile in here like crazy even at a sniff.
Price here would literally rocket like anything. Simply cannot be out of this one right now. IMO

Big Pharma do not care about revenue, they want to take ownership of your technology and product pipeline.

Big Pharma can build Revenue stream later once they Buy Out the intellectual property rights and Copyrights etc. They can then model future potential $$$ sales potential in their target markets.

£1 billion valuation for Chuditch would be nice indeed. Could be worth even more. Feb CPR should provide better guidance. Not far now. Folks building positions ahead of that while its still mega cheap. Fortunes about to turn for BOIL holders finally.

Even if they get £500m that would be a Huge Windfall coming to Shareholders in the form of a Special Dividend.

Mercedesman
Personally i would not trade this at all...not at this stage. We about to see a step change in valuation to the upside finally after all these years.

SHELL gave away Chuditch on the cheap back in the days when gas prices were cheap and their focus at the time was oil. Fast forward to now with that same resource valued in many $ Billions and SHELL now aiming for 50/50 oil and gas assets split.....no brainer they will show their hand sooner or later after Feb CPR comes out most likely with even higher resource figures in my view

Yes. Adjusted MCap basis 0.26 should be the break out we looking for which i think will go in coming days / weeks making new highs.

Absolutely. Old fields almost depleted. All of a sudden Timor-Leste getting a move on.

I would not be surprised if SHELL is back given their focus on Gas now vs when they first discovered Chuditch to compete with SANTOS.