Member Info for passiton

The market does not do buy/sell or red/blue, just guesswork sites like
this one, its nothing to do with the MM's

Same on all the PR and office calls, any share they can not, give out information
that is not already in the public domain. So its always a fob off go away , has of
what was released, or on track.

Until it's not and revealed in another rns.

They have said February for both events, until they say otherwise, its always going
to be , all on track as per news releases. GLA

Next best early mover , the Santos/ENI/Korean group currently running Bayu
they want a new pipeline to feed gas to Darwin and the old pipeline to convert
to waste and carbon capture to Bayu, it was to be Barossa, until the courts
stymied it, Chuditch central location would be perfect for them.

Divert Barossa, had spoken of also using the new pipe for Evans Shoal next door.
Either side of Chuditch, Santos have area R, the wider Bayu license area and ENI
have area P that links Chuditch and Sunrise licenses and long thought to be the
host of the hydrocarbon kitchen that feeds BOTH.

Woodside want , what they want, never getting it, the islands only interest
is BEACO, Sunrise will stall again, if Woodside do not go along with them.
They had 20+ years to compromise , with the Majors then Woodside, it will
not happen, you'll see flying pigs in the sky first, lol

Still hope that the Sundagas FPSO project get some verbal support soon from
Timor Gap (Gov noc) and likewise, the plan for the Gas/LNG Import terminal
was REMOVED from Beaco, to be built at Metinaro near the capital on the North
Coast.

It's requirements are much soon, a new deep pocketed partner or take out of
Chuditch, could provide that domestic security (plan was 3 power stations
converted by 2025) and to hold , it was either 60 or 90 days supply at the PIT

With the October/Nov? issued Tender , Beaco is still down as ready for operations
2030, so its not in the equation.

Chuditch the only thing they have close to ready, behind Sunrise, which it will not
be, why move location , if it was ?

Our and other Diamonds were court ordered locked away in a Safe, at ZCDC
(ZCDC senior later accused of borrowing some - they were returned)
The man in charge of ZCDC NOW , ex Vast Director Mark Mabhudhu

https://the-european.eu/story-27411/a-new-beginning-for-diamond-mining-in-zimbabwe.html

https://www.miningweekly.com/article/vast-director-mabhudhu-head-hunted-by-zimbabwe-state-owned-diamond-company-2020-09-22/rep_id:3650

Think if a problem, he would have informed AP, the plan is for ZCDC to work with VAST on
future diamond production. ZCDC hold the land rights for the whole of Zimbabwe for
Diamond extraction and has it's own built in recent years, facilities to do it all , clean, cut
ship to market auctions.

Previous valuation of our parcel $18m, CEO just a few days ago in a podcast, the Diamonds
are worth more than our current market cap, £15m

The real prize is the closure of the 2008/2010 High Court case and return of the diamonds
which also included, lifting the ban on AFCR (Vast now) mining and confirmation of
ownership of the licenses. Future Diamonds the prize, not this small parcel.

Placing funds, plus Diamonds return, covers the current market price, leaving BP,
Future Diamonds, Tajikistan and everything else thrown in for FREE, that will not
last, sharp market correction should arrive and continue on progress through 2023
GLA

Tim saying no more than they all say, which is nothing that is not already
in the public domain and all is always on track until they say otherwise

ECRE for the Chuditch CPR

We took over the admin for Dunrobin, when Corallian taken out by Shell
but the 3 , us RBD and UPL , will have to coordinate the rns release together.

£3m in convertible to dilution shares , so EHGOF will have this pumped
to get obscene profits from forward selling down of the major tranches
when converted.

Expect a 1000-1 share consolidation at some stage, so those future conversions
do not destroy the company and its share base again.

They managed it nicely (for themselves) on the previous £2m cln, taking icon from
2 billion shares to 30+ billion and still rising. (now 40b in issue)

Is that for Chuditch Jarv
as Timor have zero interest in anything other than Beaco for their flagship
Sunrise, why it's dragged on for over 20 years.

Be nice if they made a statement in support of Sundagas FPSO plan, as clear as
mud, when their own studies , reported commenced September 2021, include
Chuditch , with Sunrise and Kelp coordinated together for Beaco.

It's feasible, Conoco Phillips was the original owner of Bayu-Undan and in 1996?
(see Lao Hamutuk) did it's own studies to take it to the Island, came up with a
suspended pipeline, below shipping and used wires and blocks (moveable) to
hold to the sea floor.

Quashed at a shareholders meeting, gas prices much lower then, profits won the day.

Later Timor and Sunrise consortium did their own studies, same for it, studies can be
done , very challenging crossing the deep Timor trench and much more expensive in
comparison to a much shallower water pipeline to Darwin.

2021/22 Timor new studies , it and building Beaco can be done competitively to Darwin

2022/23 Woodside studies in progress , for both options once more.

Technology has moved on in leaps and bounds, since Conoco said it could be done
in the 90's for Bayu.

Conoco built the current pipeline (still operate it I think) and were part of the original
Sunrise Jv with Shell, Conoco again to build the pipeline and already had customers
for all the gas in 3 USA states.

So any sniff of progress and with the mass profits declared by all for 2021 and expected
and now being announced currently for 2022, even higher profits, the Majors will want
back in, Kelp 14.5 tcf, Sunrise and Chuditch , probably 25-30 TCF when developed.

That's a huge volume of gas, with more to be found in the largely unexplored Timor Waters.

So far the few additional licenses picked up in the mass flop 2 1/2 year bid
round, NONE have signed their psc agreements, was to be done by July 2022
the last report put out by ANPM, extended to be done by February 2023.

Well here we are and still no reported sign off's, all presumed to be waiting on
what transpires with Sunrise, its start of 2022 JV statement by both sides the
Sunrise psc to be signed by the end of 2022.

It still has not been and neither have the new licenses. For the floodgates to open
for the Timor Maritime region, Timor need to give some clarity, for those sitting on
the fence, you will not be shafted like those in the past, well they did that recently.

Timor signed up to the International Arbitration New York scheme. So companies
have legal recourse, if Timor, do not let them proceed as planned and agreed.

Their 2021 studies, based on Chuditch , Sunrise and Kelp going to Beaco on Timor
while Sundagas/Boil promoting our own FPSO Plan.

Timor, just needs to give some clarity and transparency, to the new license holders
with their PSC's signed off, all options open. To get the Majors to dive back in for
all the vacant licenses.

Our best hope and long time favourite, is still the Santos/ENI/Korean , in the same waters
group, their Bayu about to end, Santos looking for a new HUB/Pipeline to Darwin for Gas
with the Bayu - Darwin pipeline to convert to waste/carbon output and storage.

They have a joint MOU, to acquire more Timor Sea assets, Chuditch ticks all their boxes.

The man in charge of ZCDC , ex Vast bod Mark Mabhudhu

https://the-european.eu/story-27411/a-new-beginning-for-diamond-mining-in-zimbabwe.html

https://www.miningweekly.com/article/vast-director-mabhudhu-head-hunted-by-zimbabwe-state-owned-diamond-company-2020-09-22/rep_id:3650

Diamonds could be ready for dispatch to Amsterdam/Other quicker than we think.

Our project partners, ZCDC have build a huge complex, where the whole process
can be done, from cleaning to cutting , to putting on a plane to Worldwide Auctions.

That is Zimbabwe's gateway, ZCDC to control most of the action, if the legacy issues
are over, then it would be the same plan, with ZCDC, we mine they promote/sell etc.

The island has for over 20 years only had one agenda, it comes to Timor
refused Shell/Conoco/woodside, Darwin in 2002, when woodside had
built the refinery specifically for Sunrise.

2008/09 Refused the same consortium , FLNG Super-Barge, being built by
Shell, the Majors decided to leave.

At that point, the Timor Government owned ZERO % of Sunrise, just disputed
territorial rights.

For them it has always been about, building their own industry and Jobs
provided someone else pays for it to be done in the first place.

https://www.foreignminister.gov.au/minister/penny-wong/media-release/special-representative-greater-sunrise-project

He was appointed in October, shortly after the latest JV meeting had the usual
result , neither side wanting the others option. Think that was the 3rd meeting
since September when it all perked up again.

December, they departed with, Woodside saying it will , review BOTH options again
and here we are , waiting on their new studies (media could be 6 months)

But we could be sold and gone long before they sort their **** out. GLA

as reported first thing when the news broke

https://www.canberratimes.com.au/story/8078325/prime-ministers-focus-talks-on-massive-gas-project/?cs=14231

https://www.pm.gov.au/media/visit-australia-prime-minister-timor-leste

First ever visit to Australia by PM Rauk and the Election in May, perhaps looking to get a
quick win/result before May Elections

Nominee account TR1's are never of interest, they a mass client
and mostly , you, me and the dog.

Only ever of interest, if on the website or TR1 , it confirms, someone in that
holding, say they have 15% but name HNW individual/s with over 3% also
in the documentation.

On the website, usually an Asterix , with a comment below the list of holders.
On the TR1, comments usually in the free flow section 11

He said had/playing around with 200-250m before the placing, then moved up to
around 380m, how many now , who knows.

His increase caused the tr1 from IG spread betting site (nominees )
not an II

not many Fish , just occasionally Rob and his 250 - 400 Million shares, lol