Member Info for passiton

On the upside, we have 3 more months, to get a JV/Sale done before we
may get PM Gusmao , out of the May Election.

Not a certainty, most popular man on the Island but current PM Rauk's days
look numbered only ranked 3rd in seats in parliament, Gusmao party 2nd,
but only by two seats. Another coalition likely.

The big drive started last year, knowing Bayu Undan Gas , which has supported the
Island and filled the wealth fund since 2005, is gone any day now. Main reservoir
long depleted, offset reserves tapped with new 3 drill program but that also now
expected gone , early 2023.

Unlike the past, they know, they have to bring the sector back on side and get things
moving and that is not just the 1974 discovered soap opera Sunrise.

They have around $17 Billion in the Wealth fund but that pays for 85-95%
of each and every budget etc, so have never planned to use for Hub/Beaco
Without new revenues, it is gone around 2032 based on a reduced rate of
annual spend, when they want to spend more, a lot of the international loans
they have, require progress in other sectors, to gain additional funding.

Now panicking, need Oil and Gas revenues to support the rest of the 2011-2030
Timor Strategic plan, which is all falling behind, as they preserve the funds in
the Petroleum fund.

Horta to decide on 6th or 12th May for Elections and get the band back
together with Gusmao aiming to become PM , alongside Pres Horta.

https://en.tatoli.tl/2023/01/25/three-political-parties-agree-on-any-electoral-calendar-to-be-decided-by-horta/14/

https://en.tatoli.tl/2023/01/25/timor-leste-needs-to-follow-in-rwandas-footsteps/14/

Have they met Gusmao and Horta, Sunrise on the Island , first and last. GLA

Kuwati story, does not read oil and gas, reads they want to build lots of other things
20,000 houses , hospitals etc........because Timor plan to build its o and g plan.

buys showing as sells nothing to do with the market, they do not use red/blue
or buy/sell just print trades and prices, sites like this BEST GUESS with added
data to the print. All labels, all shares a 100% GUESS

sp never a guide , valuation the guide, no plan we know of yet and your talking
a £600m market cap. While still in bed with scum EHGOF , who on a mere £2m
CLN , ransacked and raped ICON , for millions, still claimed we owed a wedge
and destroyed the share base, from 2 billion to now 37+ Billion shares.

If EHGOF still in play, the game plan is as before , ICON their cash cow, so the
pumps will come as before and they will get their greed sated.

New day, will the blue trend continue, be nice to get to that 0.2599p high
(0.34p after dilution) if not break out, pre news , to then attack the brokers
not target. GLA

The rest is the 20 year plan of Timor, offered to all and yet to be picked up

And if you look at that map, Barossa can not take its planned pipe route past
the Tiwi Island (court blocked). Santos have also talked about neighbours at
Evans Shoal , also going via the new pipeline.

A central replacement HUB at Chuditch for example could host Santos/Jv's
Barossa and Evans from the East, its 3 fields to the West of Timor waters
and anything they find in Area R and ENI/jv Area P

Santos holding a lot of pie's and have stated the new pipeline for input to
Darwin will be built, despite the set back, with their Darwin-Bayu pipe to
become waste carbon output for storage.

Chuditch must be a candidate they are looking at for its new HUB, vice Barossa
it's the perfect piggy in the middle, for all its ventures. GLA

See if it turns into anything but the article reads, we are interested in lots
of other things because Timor plan to......

Stock exchange rounds up/down so all over 0.175p and printed as 18
and no guesswork buy/sell labels.

24.01.23 16:31:12 0.18 GBX 50,000,000 88,000.00 Off-Book P LRGS AIMX AIMX
24.01.23 16:36:06 0.18 GBX 27,000,000 47,250.00 Off-Book BENC P LRGS AIMX AIMX
24.01.23 17:07:57 0.18 GBX 5,500,000 9,680.00 Off-Book P ECHO XOFF
24.01.23 15:47:24 0.18 GBX 24,667,759 44,155.29 Off-Book P LRGS AIMX AIMX

Benc is Benchmark/ Reference price
Lrgs is large delayed trade
Aimx AIM
XOFF - off exchange (spreads norm 1700-1730 echo xoff)

What they look like on the exchange, 17:07 usual label and spreads slot, much less than yesterday.

1631/1636 Probably buys on close and in the daily pre close auction 1630-1635
completed later ,as they can if in a position to do so (all the way till later than now)

Last one ?

Boil , own Sundagas, Sundagas do all the work in situ, Boil funding them before
and since taking 100% control.

Same with many Oil and Gas investment companies, our Dunrobin partner RBD
West Newton, own a good chunk as they do the onsite operator Rathlin Energy, they
do the work RBD pays the bills.

Many such companies on the market.

Some need to get with the program , Boil not an oil and gas company
they are and investor in assets, develop, sell on , rinse repeat.

Should be no suspension, BOIL not being sold, only our 100% subsid Sundagas
which holds 75% of Chuditch would be.

Agree Mister Positive, a special dividend and cashed up for the next
set of assets in the company PF. It's their MO and with oodles of cash
those in the fine print, to acquire LARGE stakes in.....

Would be very much in range, be it for new North Sea or other ventures
our current JV partners Upland have a serious play on their hands in Sarawak
Indonesia, they might let us in, likewise RBD have multiple other North Sea
assets, inherited on the cheap, when Corallian taken out by Shell for Victory
gas.

Oodles of cash = no end of doors open.

Split was 300 to one and 350m to the other. We have 75% of Chuditch to negotiate with

No, after years of saying leaving, Timor Government loaned Timor Gap $650m to
get the combined holding of 56% Greater Sunrise (includes Troubadour) from
Conoco and Shell.