Firering Strategic Minerals: From explorer to producer. Watch the video here.
That is part of the problem, TL studies for Beaco, which now according to the local NGO Lao Hamutuk, has been scrapped in favour of a new site at Natarbora, with Australia/Woodside and TL in ACCELERATED negotiations to bring Sunrise to it.
New plan in play it would seem, TL STUDIES quoted CHUDITCH , KELP and SUNRISE as all going together to Beaco
Santos/eni/koreans have their own facilities at Darwin and want production to it returned, not to the Island, with their own pipeline duplication project, new line WAS to be Barossa-Darwin (blocked in the courts tiwi ) with the current
Darwin-Bayu-Undan becoming carbon/wastes disposal only.
Santos and ENI have still not signed their new PSC's for area R and P, which were originally due by Jun/July 2022
So still a lot to come out in the wash, NEW HUB ,perhaps Chuditch - Pipe Barossa and Eni Evans Shoal mixed, the
original Barossa HUB plan across to alternate HUB , Chuditch , Area R/P
Natarbora site, does bring shorter potential tie in's for both Kelp (big as chud/sun put together Mobil 1998 disc 14.5tcf)
and our Chuditch, which TL might also want for their other project Metinaro Gas/LNG Imports P.I.T. to supply their 3 to be converted to Gas by 2025 power stations, Metinaro FID due this Q, as is further news on Chuditch, timing π€
Our drill or drop for Chuditch Summer 2023, extended at the same time the FID for Metinaro announced, linked ? π€
Highly unlikely, at 1637, if no PME , that would be a time completed , not placed and large buyers , do not
get a discount to prevailing prices, sellers get paid less and large buyers, hit with a premium is the norm. ππ€
worked and completed after close, or done on the back of the pre close auction.
1630-1635 Pre close Auction
1635-1640 1st PME
1640-1645 2nd PME
1700-1730 spreads , individual or aggregate (spreadex and IG )
They stopped notification of PME's back in April (was announced) so something else they can hide π€£
Likewise the spreads use to be flagged ECHO XOFF on the real LSE not conducted on the LSE (AIMX / XLON)
and published elsewhere also vice aim/lse flags.
An upgrade of the real lse a few weeks ago no also hides this, all delayed would be flagged LRGS large delayed
and all would end XLON XLON or AIMX AIMX unless alternate venue/s, others included Echo , Sint , Eceu, the later
being often seen on side by side duplicates from time stamp all the way through the print until the end, these
were, ECEU SINT , ECHO XOFF, large transfers to the likes of the Amsterdam/other exchanges, the xoff OFF-EXCHANGEπ
Thanks jme, pretty sure it was something like 1.7p to 3.7p depending on various factors, bottom end being
around one of the more recent brokers notes, which are always conservative in nature. π€
Unknown just the 3rd Guess label, sites like this use trying to be helpful and failing miserably
its very basic and NOTHING to do with the MM's or Market, all above its mid buy (never the case)
all below sell (ditto) the rest it chokes on Unknown, exactly on its mid, delayed, or it now sees
outside of its range, its pretty carp and why many cry, we have 6 times buys to sells and no tick
up, as in reality, trading is actually pretty even. ππ
All bod's feather their nests as things progress or not, cost's them NOTHING, if it booms they make a killing
if it does not, they just sit on the books until they expire in most cases, same as you buying now, with no risk.
At the end of the day, they only win big time, look at total amounts held, if it does boom, so in their own interest
to make it happen, then real shareholders not visitors, also win big time, rare in most companies, for them to
excise, some/all until much, much higher. Look at todays Upland offer , turned down 14p when sub 3p, they
all have a right price in mind for their feathered bed holdings and it's always multiples of current levels. Most of
them make themselves multi millionaires, due to the huge options holding built/pending over time , with success.
We just have to pay and wait, for their big day..... ππ
Still nothing to confirm , the Lao Hamutuk NGO statement , in accelerated talks with Woodside/Australia to bring
Sunrise to NOT Beaco but a site further down the coast , near the Oil refinery and Suai o&g support port. Only thing
new , last years budget (underspend) and new XI Government , it was nothing to do with us statement ππ€£π
New site Natarbora, only other thing found is, Natarbora on the SDP 2011-2030 Plan, for a major road, Nat - Manatuto
which is just to the right of Metinaro, proposed site of the Petroleum Imports Terminal and 90 day tank farm.
The General State Budget for 2022 predicted a total expenditure of US$2,419,539,539, however the expenditure actually incurred, including the Central Administration, the Special Administrative Region of Oe-Cusse Ambeno and Social Security, was US$1,810,624 000, of which US$1,404,000,000 originates from transfers from the Petroleum Fund, which corresponds to a budget execution rate of around 77%, and the largest amount of budget expenditure executed in a single year.
Although the debate is centered on the General State Account for the 2022 financial year, and the IX Government had no responsibility in the preparation or execution of the 2022 General Budget, the Minister of Finance, in her speech at the opening of the debate, guaranteed that the IX Government is committed βto implementing all the recommendations of the Chamber of Auditorsβ, so it will continue βin the coming years to include methodological improvements in the General State Budget and the General State Account to respect all legal obligations and best international accounting practices β.
Link as has Natarbora, wtf is it giving me fkn Leeds ? try this one
https://mapcarta.com/29774450
Gremlins wtf happened on the map link last post, here goes again
https://www.google.com/maps/place/Natarbora/@-8.9796122,124.7428948,8z/data=!4m6!3m5!1s0x2cfe4cf8acbf755f:0x96895b936eaa320d!8m2!3d-8.9796122!4d126.0509544!16s%2Fg%2F1ptwzxlw7?entry=ttu
If you zoom out on this map, shows Suai (oil and gas support port) , Betano (Oil refinery) and the proposed new Gas/LNG refineries site Natarbora, still can't get my head around, why switch from Beaco, after telling all NO, you can wait for Beaco for 20 years. π€, have they identified a less challenging Timor Trench (2800-3500) crossing point for the pipeline HUB π€
https://www.google.com/maps/place/Natarbora/@-8.9796122,124.7428948,8z/data=!4m6!3m5!1s0x2cfe4cf8acbf755f:0x96895b936eaa320d!8m2!3d-8.9796122!4d126.0509544!16s%2Fg%2F1ptwzxlw7?entry=ttu
One I read about 10 years ago when this all started π just had half a dozen perhaps they were shades, as 1 was Dark, guessing that covered all the heading for the drill bit stuff. If I recall , it was Dark , White, Blue, Red , Green and Orangeπ€
Have Woodside or TL come up with this alternative location for the Gas/LNG Export refineries, Natarbora to Manatuto major road is also on the TL Strategic Development Plan, that comes out just to the East of Metinaro, the current Gas/LNG Imports facilties P.I.T. and 90 day tank farm for TL Domestic and emergency requirements, per parliament statements, FID also due on Metinaro Q4 2023.
https://www.google.com/maps/place/Metinaro,+Timor-Leste/@-8.5257998,125.6148192,11z/data=!4m6!3m5!1s0x2d01fad03364c027:0x63c4843a8fa81995!8m2!3d-8.5294771!4d125.7543363!16zL20vMGdnZGh3?entry=ttu
If you look at the Gas fields map previous links post, which shows KELP (mobil disc 1998 as 14.5 TCF monster) it alongside Chudich and Sunrise , were all part of TL's own studies, to co-ordinated their development together to feed the refineries (Beaco planning with HUB at Sunrise) Natarbora brings with it, some interesting pipeline connections and possibilities for the 3 fields , with all carbon waste going to the being converted Bayu-Undan storage site. π€
As posted yesterday, Lao Hamutuk the local NGO , reported ex Timor Gap ceo now minister of Petroleum assigned
by Gusmao, also reported TL/Woodside/Australia now in ACCELERATED talks about bringing Sunrise to the Island.
BUT the kicker was, not to BEACO (the plan for 20 years) but to a newly selected site on the central South Coast π²
Natarbora WHY ?
Most of Marange industrial grade but it does have a history of recovering 6 different coloured Diamonds, get boots
back on the ground and find a nice coloured gem early doors and vast set for years, we wish π