George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Will still have an eye on things but age, Arthritis and Dactylitis has caught up with me and my hands, as you all know, more meaty than thin postsπ, every day , every post becoming more uncomfortable and painful, so time to call it a day, goodbye and good luck to all π
As of today retiring from all boards and media, good luck to all those who have known me across many boards over the years, especially cdf , hope that bungalow lands soon and shouston hope you have a large supply of the Egyptian cotton on hand m8
Come clean as , as of today retiring from all boards and media, good luck to all those who have known me across many boards over the years, especially cdf , hope that bungalow lands soon and shouston hope you have a large supply of the Egyptian cotton on hand m8
Thanks for the response ASIM, was not suggesting the rumour was yours, just the simple fact, your day job is the subject and you and the leg pulling crew, more likely to have heard something on the IN HOUSE grapevine, than anyone else on this or other boards, trying to make an already know info guess, FIT, to look good if it happens in the next few sessions.
As you say, only the rns when it lands, good, bad or indifferent news, will clear things up and make a difference, quite frankly, surprised the market traders have not pumped this today, AGM and Debt imminent, Diamonds the super hero to fly in and save the day at the last moment, kind of thing :))
The AQSE having woken up last Friday, continues to increase its percentage of daily trade, today in the zone, same pattern has occurred on Boil many times pre and during news breakouts, from naff all, to 5-10% , moving up to 15-25% of the AIM volumes, lower aim volume today but AQSE running 27%, in the fun zone when volumes much higher, like our record breaking AIM 4.2 Billion v AQSE 1.05 Billion, 5.2b session total.....
Mon-Thursday sub 1%, Friday/Monday over 10% , today 27% but lower overall volumes, come on the herd w.a.y? ππ
Come on Yeo ho ho, drop da mic, mother of all updates.π²π€π€π€π€π€
It's not that long ago, another aim minnow with a similar sized asset, was targeted by shell, opening bid around Β£750m, bidding war ensued (offshore Mozambique) which was won by the Thailand NOC for a whopping Β£1.25 Billion.π²π€
Low end of that initial bid, above the ceo comments and Thailand a lot closer to Timor Leste as are the much larger top regional gas guzzlers China, Japan, Korea and Australia (OZ largest exporters also) π€
Shell originally owned Chuditch , so know exactly and more than Boil/SG do about the whole license, who knows, having been hammered in the courts 2021/22 , they declared moving out of oil and into Gas and Gas infrastructure project, plus blue/green developments, they might decide to come and get their ball back.
Contrary to rumours Shell ditched Chuditch as no interest in Gas, they did not, they moved the license on to Mitra , having stated leaving after a 2nd NO from Gus/Horta, their own first LNGS ship being built in Korea, designated for draining Sunrise, said leaving, moved on 2008/09, finally departed Sunrise with Conoco Phillips 2018/19 , after the Island gave a LOAN of $650m to Timor Gap Noc to take their combined 56%.π€
Another indication of what Boil could get for Chuditch, pre gas price boom 56% TCF $650m which was recognised as a after years of leaving, lowball exit route. Against 75% of Boil 3.5 TCF, or shells original 90's comments 5 TCF with more upside, they thought bigger than sunrise on further dev. π
Sunrise 5 tcf currently still on woodside books at $0.00c , was previously valued in the hundreds of millions (34%) Sundagas hold 75% of Boils current part license snail paced catch up (shell $47m spend in the 90's own seismic/dev 5 tcf+) 3.5 tcf.
At the 2021 oil and gas conference, pre gas price BOOM, Sunrise was valued at $65-$70 BILLION over a 30 year production cycle, what's that worth at current prices, likewise what does that make our 75% of Chuditch worth to a developer.
That ceo comment, with no further dilution, gives a range of Β£323-Β£703m (190m per 1p sp) as he said , Chuditch is for sale, not just jv , at the right price, well that's his BALLPARK, not anyone on these boards. π€π²π€π€
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Aiming, smoking what the bod , said in the presentation earlier this year, expectations that currently (work program ongoing) they see Chuditch worth 1.7-3.7p depending on various factors, a link to the cenkos note below, 36 pages, if your attention span can hold out that long. πππ€£π
this what you were looking for miker , 36 pages worth. π
https://*********************/companies/uk/oil-gas-e-ps/baron-oil-plc/research/cenkos-securities/cenkos-baron-oil-plc-material-potential/39_8a14fcd2-0f78-4a65-ba09-7104efe0b31b
In both Norse but not planning to add anymore at GBP yet, not until seen , what placing price and where it settles. Euphoria on new BOD, often followed by a ring stinger of a placing , to get things back on track.π²π©
Have a strong fondness for GBP, been in since the Eagle Ford success in Texas, sent from ground floor to 20p+ (whole pence) sold on for millions, wasted over ten (more) years by the outgoing BOD, on their ridiculous salaries after previous success, lifestyle does not cover itπππ² no wonder they have sneaked away and agreed , no financial payments to come for their exit. π
Be a lot higher and a lot sooner than that if News driven Boil , drop a positive update. πDo not need a chart to know Boil market cap high will be exceeded , that's Β£49m or with the new share base 0.26p
Last major move on something that MIGHT happen, broke the then high 0.17p (mc never old sp) and did a further 100% to 0.35p, just imagine what happens , if the RNA message over rns news wire, states SOMETHING IS HAPPENING !!
Reaction at least as positive and same again, gives 0.26p + 100% = 0.52p target , still only Β£98m MC, for 66mbo Dunrobin and 75% of 500-850 mbo/e at Chuditch. Cheap as chips, call the pair 500mbo/e and Β£1 a barrel = Β£500m, poo currently running $75-85 a barrel and expected to rise, not $1.26 (Β£1)
Jigsaw puzzle pieces in place and what a market correction (not spike) this one will have, strong vertical take offππ€
Mahakarya Geo Survey (MGS) Indonesia. MGS will completely execute both onshore and offshore field survey by the end of September 2023, and provide the survey reports and analysis to TIMOR GAP in order to allow TIMOR GAP finalizing the FEED design study for Metinaro Petroleum Import Terminal (PIT) project.
Metinaro which includes the TL Domestic Gas/LNG Import facilities and 90 day tank farm, FID by end of 2023, Chuditch drill or drop by 18th December, timeline for FID announcement made, then our DoD moved from Summer 2023 to that curiously specific date.π€
Hands up, all those who believe in coincidence. A domestic gas security supply, that a standalone 1 or 2 wells could provide, now who do we know, that has such and early doors, drill ready FPSO plan ππ
Tower priced to fail due to Jessers constant failure to deliver and now an expired license on top, restored and back on track, expect TRP to do 1000% on recovery, back to 0.2p-0.3p range, S.A or Namibia wake up and its a lot higher, a 1000 times more Oil potential than Cameroon. π
Karau-1/Feto-Kmaus-1 and Lafaek-1/Weda-1 Exploration Wells Discoveries Announcement.
November 27, 2023Media Release News
PRESS RELEASE
Karau-1/Feto-Kmaus-1 and Lafaek-1/Weda-1 Exploration Wells Discoveries Announcement.
Monday 27, November 2023. The Karau-1 exploration well (with its local cultural name known asFeto-Kmaus-1 well) is the first onshore exploration well drilled in the PSC TL-OT-17-08 and the Lafaek-1exploration well (with its local cultural name known as Weda-1 well) is the third onshore exploration well drilled in PSC TL-OT-17-08. The PSC TL-OT-17-08 and TL-OT-17-09 are held by Timor Resources Pty. Ltd as the Operator and in Joint Venture with Timor Gap Onshore Blocks Unip. Lda. For details please click here (below link)
http://www.anpm.tl/wp-content/uploads/2023/11/Press-Release-Exploration-Wells-Discoveries-Announcement.pdf
True Jarv but UAE making big sounds and todays BBC cop article, instead of hosting and looking at carbon reduction, have arranged oil and gas deals with 15 Nations instead, could TL be one of them ? They met recently and UAE rep made a resounding statement, looking to get involved and show the world what they can do, big words but also very deep pockets, which is what is required for such large offshore licenses.
90's prices, Sunrise over 400 million spent pre mothballing in 2004 and a lot more to spend , Chuditch 47m by Shell including discovery well, before being frustrated again by the Island and then Australian license, moved on to Mitra having similar plans to Shell and Boil/SG, Chuditch FLNG/FPSO, they got nowhere fast , license dropped of the planet, never to return until NON TENDER award to Sundagas, for services rendered since 2016. π€
Pretty sure the original compliment of Sundagas Directors on formation, had a Mitra backgroundπ assisting the Island from 2016 to ongoing training, floated in Singapore just prior to the award, with a (never used that I could find) $25m loan facility from a Singapore bank. π
The trend since Friday(moved up to 12% prior naff all or low and Thursday 0.2%) has continued today AIM 324m v 54m AQSE 16.66% of AIM volume, as posted end of last week, this is a familiar pattern on Boil breakouts, AQSE when something happens , moves up and if something does happen, those sessions become higher , 25% levels and beyond, record session 5.2 Billion, AIM 4.2B v 1.05B AQSE.....still moving in the right direction......GLAπ€π
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Was a few years ago Bcarm, ukog ground floor to almost kiss 12 whole pence, Maurel Prom bought Β£6m on the open market over 3 days, once filled, what a rise. Down in the dirt at bottom pickers prices, can now only go up, or consolidate, to raise the funds it requires, to expand Weald and Turkey operations. The worst death spiral finance cln ceo in history, even had the temerity to say when he finally got rid of the Albatross YA PN II , the deal was misunderstood, ONLY BY HIM
we all knew, it had been YA's primary MO since inception year 2000 and 3 names since, tells a story. π€¦ββοΈπ€¦ββοΈπ