Member Info for passiton

The 2010 valuation by London Diamond dealers was US $18M which is also £15m, so its a pretty good ballpark figure, they clean up better than expected, then its a bonus to Vast balance sheet BUT more likely as our resident Diamond expert ASI has stated, could also be less, after costs for processing and sales.......GLA 🤔

Posted it on the 5th when it appeared on the TL Gov website, Horta said this time last year, when he threatened Australia with China (now happened) he also had interest from the Middle East, so looking good, more and more wanting a piece of the underexplored TL section of the Timor Sea.......wake up Yeo ho ho, get out of your bedroom ffs 🙄😂

Timor-Leste's Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro, is currently participating in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), taking place from 2 to 5 October in the capital of the United Arab Emirates.

Organised annually by the Abu Dhabi National Oil Company (ADNOC) for nearly four decades, this year's theme is "Decarbonise. Faster. Together." ADIPEC serves as a global meeting point for the oil and gas industry, bringing together government officials, professionals, experts, and industry leaders to discuss the latest trends, innovations, and developments in the oil and gas sector.

During this conference, Minister Monteiro represented Timor-Leste in high-level meetings and discussions on the importance of energy transition for socio-economic development. He emphasized that developing countries cannot ignore their oil and gas resources in the face of significant development needs. The compromise Timor-Leste make is to integrate clean energy into their energy mixes while working to decarbonize their oil and gas operations.

Speaking at the ministerial panel "The road to COP28: sustainability and an equitable transition" at ADIPEC 2023, Francisco Monteiro stated, "Countries like ours, where the development need is so great and the only resources we have to use for the development is oil and gas, then we have to develop that somehow. Of course, in Timor Leste, we are mindful of the energy transition and try to introduce other sources of energy in the mix, but at the same time, even in the oil and gas sector, we are introducing ways and mechanisms to reduce the next effects of carbon, such as carbon capture and storage."

In his opening speech, Sultan Ahmed Al Jaber, President-Designate of COP28 and Minister of Industry and Advanced Technology of the United Arab Emirates, urged the industry, often perceived as part of the problem, to be part of the solution to energy challenges. He stated that this is an opportunity to showcase to the world the essential role it plays.

In the perfect Carlsberg scenario, Cameroon in production, pays for our end of South Africa or Namibia (the fat one) in a JV with a MUCH bigger sector player, which ever one moves first, the longer he takes, years so far (could have already built up a nice war chest) the more likely, more equity will be needed, to fill any gaps in funding. 🤔

cameroon is a production well , reservoir already discovered, it is not a wildcat/exploration, its to bring forth instant revenues, hence if lard **** ever get's it into gear , the market will love it..... 😉

think many will be joining you m8, if it get's all the way and not stifled by the bedwetters, that can't stick it for a decent 1000%-10,000% riser, sadly too many traders, skimmers and scalpers , looking for piddly little rises, all to often stifle even the real attempt at a market correction (not spike) plenty investing, not many investors this past 20 years and worse every year, since the banks and real ii's / financial houses , all pulled right back, giving way to the rise of the wonga's , who do not give a rats ****, what a company may or may not do and prefer playing both ends and confetti death spirals, than actually supporting their progress, quite happy to suck them dry, until strong production and revenues , kick them to the kerb 🤬🙄

I will CDF , I will m8 ,, 😉🤣

4,346,644,142 when all added in, so £43.46m per 1p on share price, BP alone at nameplate, worth around 4p 😉

Also if you have a trawl around , two neighbouring countries have committed funds for a large expansion of the TALCO facilities, they have many minerals and metals, including Gold in their assets, could turn into a brilliant revenue stream longterm. 🤔

Https://www.investegate.co.uk/?searchtype=3&words=vast

1nvest its in todays RNA released over GNW first shipment this week 😉

Tajikistan

Further to the announcement made on 12 April 2023, the Company is pleased to report that the first commercial shipment of the lead/zinc concentrate to Trafigura will be completed this week with further shipments being planned.

Review the trade volumes recap pages on the real LSE , no co-incidence the numerous occasions on many shares, the pump to start forward selling arrives 7 - 10 days before the (cough) official placing announcement. Another this past 10 days orcp suddenly on no new, fell through the floor from the 0.10-0.12p range, forward selling down and probably shorting at the same time, then announce a massive discount on the new drop range for a 0.03 placing, always stick out like a donkey's do dah.

Majority of wonga bucket shop, quick buck merchants, sell down from the highs and if made enough on the way down, more than happy to go below the placing price to flush the remainder🤬 ........ GLA 🤔 With some further news dropping this one will clear PDQ, like many a vast placing in the past, the wonga will always make money, in both directions. 🙄

Like the majority of placings, probably started forward selling on the big volume pump and dump last week, as the last placing the OFFICIAL date, will pass with little activity around it, as most do, unless more news dropped to flush the rest 😉

🤣we note (not)

come on bedroom hermit yeo ho ho, lots happening now in the region, time to get your snail paced , lard **** out of bed and join the party, just a simple , we not the........ and can confirm, we are in progressive talks (nda) as oppose to well ok, we've been talking to lots of people since q3 2021 blah blah blah..........or hand the reins over and let someone with a company promotional ability lead the way........ 🙄

my vote recently added to the bod, a.b, always out and about, pressing the flesh meeting both the island and industry leaders (sundagas-tl 2016 long before chuditch awarded for services rendered, or yeo joined in at a snail pace plan) via seapex sector conferences, meetings, social (golf events) in his role as one of its vice presidents. 🤩😉

Other news Horta - building bridges speech, how about building a pipeline 😂

https://en.tatoli.tl/2023/10/06/building-bridges-summit-2023-horta-calls-for-addressing-global-challenges/15/

and hello yesterday Australia NEW International Development policy, mostly mentions TL. 🤔

https://en.tatoli.tl/2023/10/06/australian-embassy-introduces-australias-new-international-development-policy/00/

is the Australian response to Chinese involvement about to land ....... GLA 😉

Timor-Leste received a visit from India's Minister of State for Foreign Affairs, Rajkumar Ranjan Singh, from September 30 to October 3, 2023.

Ranjan Singh was received by the Prime Minister, Kay Rala Xanana Gusmão and other members of the Government, to discuss the opening of an Indian embassy in Dili and the strengthening of cooperation in various areas between both countries.

The decision to establish a permanent mission in Timor-Leste was announced by Indian Prime Minister Narendra Modi during the ASEAN-India Summit in September 2023.

Rajkumar Ranjan Singh reiterated India's commitment to supporting Timorese development in various sectors, such as agriculture, OIL AND GAS, health and human resource training. He also highlighted the offer of scholarships in India and the support for Timor-Leste's accession process to ASEAN.

The official visit to Timor-Leste culminated with an event to thank the Minister of State Rajkumar Ranjan Singh, offered by the Minister of Foreign Affairs and Cooperation, Bendito Freitas and which was attended by members of the Government, diplomatic corps and representatives of international agencies . 🤔

Yesterday Web and Cabinet notes on , Middle east cooperation and the move towards WTO entry.... GLA 🤔

http://timor-leste.gov.tl/?lang=pt

Portuguese , but all translate easily to English, English (icon top right) available on some others already.

Think we should know the answer to that very shortly HLP, only gave themselves a two month window, why not make it January or just Q1, better received to hit a wide deadline, than miss yet another and start again, again, again, can only be two answers, our creditors continue to have the patience of the Saints, or AP has given them more details than us, on that RBZ (cough) process for release.

As posted recently, think it was our resident Dimond geezer ASI, said the prep of the parcel for tender, could take 4-6 weeks depending on what is required and also if a tender auction, available within the window required, so all things being equal, if he is expecting to pay them at the end of November, he needs them in his sticky little mitts VERY SOON! Otherwise, more chance of you walking out of your front door and tripping over the pope, than meeting that new deadline 🤔

Https://www.investegate.co.uk/?searchtype=2&words=vast

Phillip , vast use GNW for most of their RNA Message releases, often the other origin sources , still around 6 or 7

for RNA releases in London, many fail to pop up straight away on 3rd party sites like this one, always best to check the real lse site or like above investEgate....... 😉

Only traders skimmers and scalpers , worry about sp, Investors look at the long term, the journey over the next spike, if AP does finally pull it together, vast will warrant a vast market correction, from current Market Cap the BLUE SKY is the limit.😉

Achievable Market Value ,divided by new/current share base = potential sp

Gird your loin's , bite your lip and you decide, how much vast is worth on success, do you think £50m , £100m , £200m, beyond and divide by the new share base , still bags to mega bags available. Nobody in their right mind believes in AP

BUT it's the assets and not the 🤡🤡🤡🤡 in charge I invest in, do you believe in the ASSETS 🤔

Buy for Yes, Sell for No, only you can decide.......... 🤐

When this worm turns CDF, it moves like a hairy bear in the woods, about 2 years ago, sat at this very same level, placing and the greedy bar stewards involved, go real lucky dumping into a massive spike to over 2.7p (yes whole p) likewise earlier this year, on the prospect of breaking even and clearing the large debt (BP and Diamonds) rapid spike ended up kissing 1.15p (ended that day 0.81p)

Confirmation of big $$$$$$ revenues from BP/Tajikistan, or the Diamonds (est $18m/£15m+ 2010 London Diamond dealers and CEO podcast earlier this year) should kick start another crazy ride, as you well know for me, its never ever ever about sp, its always about achievable Market Value.

Years ago , the Bod had BP as a $200m+ enterprise value working mine at nameplate, throw in some extra for new revenues from Tajikistan and Debt clearance (if/when Diamonds land) and despite the latest placing, just look at the current Market Cap

AP the risk V the very massive rewards a result could bring 😜😂

Would not be the first Binksy, think it was petrel, sat a 1p made a placing with a group of HNW's FOR 0.5p, massive haircut BUT it brought with it, the prospect of their long idle huge Oil reserve in Iraq coming to life, did it tank no, it dipped then roared to over 30p (whole p) before reality set back in.....🙄

You just never know, what the trigger will be, next RNA Message over the rns news wire, or a series of positive news flowing events, which is certainly possible here, with multiple projects PENDING ! ....... GLA 🤔