Member Info for passiton

actually forget that can not be you he could not put a sentence together
without at least one F word in it

John are you DirtyJohn from twitter by any chance ?

The market sees all and squeezes from both ends you and I are often left sitting on the side line
while they play out their own client requirements while others trade in and out around it we
PI's just have to ride it out
If one has a client wanting a large dump they will flush the price down the toilet to do it or
pump it up to let them out on an ever decreasing price to achieve an aggregate overall sell
price
On the other side of the coin as we saw in February and March we had buyers HSBC RBC
and Clarendon scooping up more than the dumper dropping and others also buying for
the expected acquisition and rerate the price action remained the same rangebound
The buyers probably also had an aggregate arrangement like RBC just prior to the
suspension we want 800 million shares at aggregate 0.xxP not at an ever rising price
Suspect the same sort of Tango remains in play and the shop floor will always service
their big clients by hook or by crook while we PI's just have to suck it up and wait to
be rewarded

and why not Iron 88e got to a market cap of £475m recently on the hype they had
finally found some oil to go with the hot air and fumes on the bulletin boards

Copl strangely enough actually does have Oil with production rising week by week
with other layers like the now discovery drilled deep to add to the volumes the deal
done on the cheap when oil $39 a barrel and the local risk nvp 10 rate $7.50

That will also have risen with the oil price if its now $9 the locals value Atomic at
9 x30 = $270 million for reserves only , nothing for the deep or other layers and likewise
not a red cent for daily rising production on which a p/e will eventually be applied

Be it this week next month or a present on Santa's sleigh investors will see a market
correction the majority who call themselves investors but are really just traders will
also reap the rewards if they stick around and do not sell for yet another 5-10% when
the real move occurs suddenly as they tend to all crying oh **** its not coming back
down this time

MM's have nothing to do with a TR1 the buyer/seller responsible for declaring a reportable
holding or change each 1% threshold up and down and most do not do squat until it suits them
The ceo and company are blameless if they do not report those changes as all they have to do
is run it by the nomad and copy and paste it if they send them one into an rns to inform the market

that could be this Xmas if they wake up and smell the roses on the Island
and give everyone a boost

A simple message will open the suitors floodgate

A) We are no longer talking about building tasi , we commence construction in November

B) We have reviewed all options and have found tasi to be economically not sustainable
and are now in negotiations with regional players to explore other available options

Either is a big green light for current in limbo and future large scale gas projects found on
the 11 new expected to be gas charged licenses as they should be sat smack in between
dozens of discoveries on the Indonesian and Australian sectors of the Timor Sea

oh yes we can

we would not be the first or the last set of Utopian shareholders
to end up in a pantomime that runs from one Xmas to the next

and the same for uk registered companies and funds with anything up and over 3%
and each rise or fall of a 1% threshold up down and all around until back below

but then should report when crossed back over 5% then 6% then 7% each and every single
day a threshold is crossed a new TR1 and back down very few do anything close to what is
required and report chunks that happened over several days or weeks or do not bother at
all until all done and gone having gone up down up down playing the share themselves
then hitting the exit having achieved their own objectives just like any other trader

Could be right but then could be I am looking through rose coloured spectacles

Still fancy them to say something before the bid round closes at the end of the month
budget last year showed the required allocation for the NOC Timor Gap 100% state

Those details for next years budget should be being arranged now during the CROP
meetings down as 2nd to 16th September on the website and Presidential scrutiny
and sign off on the 17th

If it comes out that this years allocation of $71m is much larger for 2022 then something
big is gonna be moving and there are only 2 known biggies Sunrise and Chudith both of
which could be 1,500+ Mboe each in play far bigger than the extra reserves being chased
at Bayu currently estimated at around 30 Mboe and the redevelopment of an old BHP
oil field Buffalo again small in comparison possible reserves of 30-40 Mbo

Government fund Timor Gap and since the Majors walked out they now have to also fund
Sunrise themselves to the tune of 56% of it no freebie ride on that one for T/GAP unlike
ours and the other new license to be issued for the bid round if an agreement has been
made to FID and progress Sunrise to sales then our own Chuditch becomes worth some
large billions for an interested partner or take over by a top tier or Major IOC

Without that green light or some quiet words in the background that a plan one way or the
other will be in place when the time comes WHY would they return if nothing has changed
since leaving

Island , all gas to be processed on the Island
Island had no facilities then and still no facilities now

Do not think that likely Noob , Cuda and Atomic got into financial doo doo due to a lack of production
volume and the outlay to get all into place , then when they finally came to production the price of
Oil had dropped through the floor
Has to be said our ceo bypassed all of that running away with the assets at less than 1/3 of the USA
listed going rate with a plan and funding to rapidly increase flows and revenues from day one as
long as those predicted month on month increases keep ticking along all is good
The plan back in December was for an flooding program that produced a month on month increase
of 10-20% as others have posted it was up 24% just between the last 2 rns releases
A lag was expected for a few weeks from operations commencing before the rises kicked in the
original had a 123% rise
April to end of August is 5 months 5 x 20% high expectation = 100% rise so its so far exceeding the
original expectations of 10 - 20% a month incline

Sites like this LSE London South East try to be helpful with a guide to trading with a best
guess added to the trade executed on the exchange sadly the system they use is worth
used toilet paper on any share when its busy as just corrupts more and more data and
people crying things like we have 5 times the buys to sells and we have not moved
That's because trading has actually been pretty even
Fundamental of the market within the spread each and every trade could be a buy or
a sell when better prices offered at both ends to carry out a big clients order

take a look at printed trades on any world market London LSE (not this LSE London South East)
Canada , Nasdaq , AQSE secondary listing for many London shares not a buy or sell ever reported
just trades as for every trade their is a buyer and a seller be it you prompting your broker to put
a feeler out to a market trader and getting a price offer or some large holding lender having its
shares dumped by a broker to a real investor or a bunch of PI's

hope you do not believe those figures as about as much use as a chocolate fire guard
every single trade not fact every single trade a best guess and usually on a busy share
total waste of space

add it to the many others we have had in recent days and yet another 1 earlier today total
and utter neanderthal ******s playing on fee free sites the list on that link where indeed
valid YEARS AGO but disappeared due to the advent of new technology the game players
upped their game and now knock the arse out of it using fee free kiddies playtime

Had not seen one in years then another FFS opened about 6 months ago they have been
coming out of the woodwork first one was vela with several a day with other old combo's
600 900 and meaninglesss to news ever 1 had them on a share day in day out for 3 months
before any rns

have had 70 plus on a single share without news had 30+ in a week and 8 in a single morning
and 10 in the afternoon on a single share thicko's playing games trying to spook a reactions
and sadly quite often do trapping the newbies and unresearched

If i knew the answer to that one would be throwing the kichen sink at it historically our
BOD have talked the big talk , to grow organically into multi billion upper tier company
all had gone a lot pear shaped until the Atomic deal announced
They have now set their stall out and we are back to the big plans for growth what happens
next will as you say copl be taken out early certainly a possibility as our Wyoming asset is
surrounded by big names like Exxon (usa numero uno) to them to develop their close by
assets its petty cash and will happen much quicker
If they fast track drill multiple layers near us and suspect our land is just as saturated then
we will probably be taken out by them or another US Major good for us a potential bidding
war
Suspect if and when that time comes the company will survive with a fortune on the books
for funding other assets Africa etc we still hold and new acquisitions imo probably only get a
suitor for Wyoming current and added assets (ceo said looking for more)

as for TR1 for many years they arrive when they arrive and some never do for example many
a share make a placing and its way beyond 3% or 5% and state the name of the company
involved which means on day of issue they should be sending a TR1 for the initial holding
and then every 1% change the day it occurs some never send the first one let alone follow up's
for each 1% dumped if the buyer or seller do not bother to send them the company cannot
copy and paste into an rns which is their only mandatory reporting requirement

a placing when we have oodles on the balance sheet and a $20 million reserve available
on the loan deal for Atomic get a grip Charlie Caroli

Only one reason that would come about at this level would be another deal of epic proportions
do not think that will happen until a bigger than 10-1 consolidation or the entire catered for 100-1
BOD already had a 10-1 on the books before the recent change for an up to 100-1 so no doubt
they have something cooking that will require the support of real investors not another fly by
night self interested lender like those used to survive the past few years

so Timor Gap got awarded $71 million in last years budget just to keep the lights on
how much will they get this week rubber stamped on the 17th if its much bigger can
only mean Sunrise in which they have to fund 56% (not a freebie like Chuditch) is
to progress which is a trigger for all gas assets in Timor Leste waters

I'll raise your sub 0.30p and go conservative this will be 0.35p next week
if they finish playing games with panic PI's and traders dipping in and out at
the same time then this will be well past 0.4p next week

as for posts any post can be reported and its then up to London South East if they agree
aggressive , bad language or just plain unfounded statements with zero evidence to
back it up take your pick !