Member Info for passiton

🤣😂🤣 Find that a chuckle Jam

before reality started to set in with the masses, many of my posts got accused

of being both a ramp and a deramp by various individuals but if you speak to

Shouston and others on this and other boards, I am ALWAYS impartial, the media

articles always warts and all , no bias just the known facts, brilliant , good , bad

or indifferent.......

In this case , said 4 years ago , minnow grabbed a discovery left behind by frustrated

Major's, Mega bagger in waiting - upside

The politicians did not honour the PSC's wanting their own agenda and ZIP else - downside

Until they bridge the divide they created with the industry, leaving all in limbo and the gas

worthless, not a lot will change, it remains so

They broke it, only they can fix it, first ever YES to anything , starting with Chuditch FPSO

would be cool - THE HOPE........

As said the RNA message over GNW/rns news wires, just a kick the can down the

road plausible excuse, the judgement back in February , election week convenient

7 months later 😂🤣😂

reg

no way if he's in his right mind, he would settle the debt without the diamonds

best we can hope for is a not to shafting , debt restructure and payment plan.

to clear all and interest with a placing , would probably require more than doubling

the share base, with a discount to today price..........

if things fall back and or bp not quite at profits level, highly doubt he would have an egm

to get such a debt clearance placing away (headroom) when after paying , he might need

another placing to keep the lights on , until bp and tajikistan profits take over, reliance

on beggars can't be chooser's finance deals (not) 🤔

order of hope

diamonds - clear debts, leaving good funds on the books moving forwards, brilliant

debt restructure - ok , recover, no longer priced to fail

anything else oh deep 💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩💩

let's keep hoping ap pulls a 💎 out of his useless snail paced ****, brilliant much

preferred by all 😂🤣😂

yes, all around disappointment , the lack of any major (action not words) progress

since the sheikh rescued orcp from long term oblivion, he has big operations in

around 20 countries, including others in ****stan (social housing developments

and others)

did expect things with his financial pull and contacts, to finally get things moving

still not much change from 2010, still have a huge coal resource on just 20% of

the license explored, on what is just one varying depth continuous coal seam

and done nothing with it....... 🙄

not even the original plan , a coal mine, when we were just called oracle coal

a minnow with big dreams, that remain dreams....... 🙄

🤞🤞🤞🤞🤞 hydrogen breaks the mould and fast tracks , holders to riches...... gla 😉

Roger the dog CDF

Roger the dog

So it is him then 😂🤣😂

Rob Brecon 1 ? was it , is that you building again

r u out there ? 🤔

You had 450m + last time you spilled the beans, what the target this time m8 🥳

Hmm

wonder if that's Rob getting back in for another ride, in the past he often announced

them , including trades of £40k-£60k plus.

Did rather well on the market, gave his day job up , working on the rigs and now a full

time trader, pumping his shares for all he is worth , on twitter these days 😂🤣😂

Think you can be 100% certain, if OZ/Woodside falter on the Islands single

option for over 20 years (Tasi Mane / Beaco) Horta's good mate Xi and his

BRI , probably waiting in the wings already.

After legal's and compensation sorted, many rules and reg's under what can

and cannot be done under the treaty , that eventually divided the Timor Sea

between OZ, Indonesia and TL, after years of force majure etc ,under the JPDA

as it was then known , before boundaries ratified in 2018. 😜

China themselves last year , made a massive new LNG import deal with the USA

taking , if I recall correctly taking 67 Million tons per annum, also announced at

the same time , are looking for another 20m tpa, for the next 10 years.

For perspective , Shell/Conoco FLNG plan for Sunrise was 26/28 wellheads with

an annual production rate of 4 mtpa, so they were still looking for another 5

sunrises, just to keep up with their growing demand in China.

Japan gave massive bungs to all of its major and city gas/lng players about a year

and a half ago, to go out and secure its energy requirements for the next 20 years.

Someone will drain the TL area of the Timor Sea , eventually , far to much on their

own doorstep to NOT get it done , at some stage,😉

Way to much for the major sector players, to ignore forever, with more to be found

as surrounded by dozens of giant discoveries on the developed , Australian and

Indonesian Timor Sea regions that surround the TL Timor Sea maritime area, which

remains barely explored in comparison 🤔🤑

Name dropper Horta, last year when threatening kicking OZ and Woodside to

the kerb, other's in the region, middle east have expressed an interest.

Names that came up Japan , Indonesia, Dubai , Korea and China most strongly.

He also made several statements during that period , about his chats and must

visit his good friend Xi soon.

Xi Jinping, invented the China BRI , belt and road initiative, which now operates in

around 60 countries, annual budget many us $ TRILLION's, it's his vision of China

ruling the economic world, currently on his phase 3, he has written 6 phases so far

(guy is a genuine genius)

BRI have been on the Island for many years and have built a lot of the infrastructure

under TL SDP 2011-2030 already, offered the Beaco project but turned it down back

then, as if you saw it , it was all if/but/maybe 1 then more stings at the refinery and

based on Sunrise alone........the new TL studies 2021/22 based on 3 fields Chuditch

G.S and Kelp (est 25-30 TCF on dev / top end that would be 5+ Billion barrels of Oil

EQ.

Gusmao is the rough to , the orator Horta's smooth, Gusmao probably not doing

much other than attending the games and having informal chats.

More interest in Horta' s current trip and air miles gathering, he is in Havana for a

CHINESE business conference, then fly's on to New York for the U.N Conference

were he will be once more giving another keynote regional speech for the worlds

big boys to do more to support the developing nations (like them)

At last years , he had US tv interviews and side bar meetings with various Government

and industry players (all in the press) directly related to providing assistance to their

plans (tasi mane , tl sdp-2011-2030)

Aka begging bowl out for , please give us around $15 Billion to get on with it...... 😂

No spamming involved just pure research and FACT's

Big boys tried , 2001 G.S Announced for Darwin production from 2003 at Woodsides

being built facilities, TL Gov (noc did not exist yet) customers in place for all the gas

SPIKED by Politicians Gusmao in power att - all can wait for his Tasi Mane project

Fast forwards 7/8 years, still no takers , Beaco , no movement, turned down by all

Chinese BRI , the Majors, who got the generous offer to pay for build and run Beaco

at just about break even/less after , Gusmao's gov higher license fees and taxation

(reduced since to support the bid round)

Shell now having FLNG ships built in Korea, first one designated for G.S , applied and

this time Horta in the chair also gave a big fat NO, we want Beaco, keep waiting.

Enough was enough, so announced they were leaving at this time, Chuditch was moved

on to Mitra , still under its Australian license, finally escaped when a LOAN of us $650m

made from the Island SPWF to now existing noc Timor Gap to take Shell and Conoco

Phillips 56% of Sunrise , which had been and remains mothballed , care and maint, since

2004, the Majors having spent over $400m developing it.

At time of the 2 refusals the Island held ZERO % of the project, just territorial rights and

the ability to keep saying NO.

Since taking the largest portion of G.S , have double standard stated many times, as the

biggest holder , the rest of the JV should do as we want , unlike the NO's to all when

having zero themselves...

Likewise to bolster the 2 1/2 year epic failure bid round, they at the conference, made

this statement, obviously still not believed by the Industry

"You are the experts , we will not interfere"

Kelp discovered by Mobil (exxon) in the same year 1998 as Shell discovery drilled Chuditch

also departed and Kelp has remained without an operator or license ever since.......

Its initial figures by Mobil up to 14.5 TCF, which is as big as now depleted Bayu , Sunrise

and Chuditch put together....... 😲

Now tell me again why we and others have waited 20+ years to explore the area and drain

the giants already known about....... massive fields require massive pockets and they all

departed due to the Politicians failure to respect their PSC's and let them produce.

Mitra also planned to FLNG/FPSO Chuditch under the Australian license , it to disappeared

into the ether........... never to be heard of again, until Nov 2019 when NON TENDER awarded

under a new Timor Leste license to Sunagas , for services rendered 😉

Back when all conformed and did not send if they feel like , moving up and

down across each threshold, until sending a one and done etc, could see

who had what, who were not remotely II's (pump to dump them asap)

with correct, accurate , not pencil whipped TR1's

Been crap since the late 90's when the banks and real II's pulled right back

giving rise to the new breed of scum like YA PN II (2000/01) and many others

who's only interest is their own agenda/exit with a lot of forward selling from

high down..........

YA PN II its, 3rd or 4th name since its inception , to fool others about its standard

death spiral ways....... dyor should include, the players involved, you will get

bent over less on the AIM market that way..... 😂😂🤣

Bucket shops involved in most placings since the tr1 system broke in 2018

(short timescale lost) rarely show their faces 🙄

Indeed the RNA Message (the doc and words) still remains with all possibilities

on the table, only question remains, how long will the creditors , continue to

give vast grace, on a probable, possible, maybe soon, 💎💎💎 windfall. ? 🤔

and vast mostly origin release RNA 's over gnw not rns news wire, which relays them

it's cheaper to originate on GNW,,,,,,, what a 😲

If debt was not a problem , vast would be in the PENCE

right now , not the low fractions 🙄

Mine is not going to solve the long term growing legacy debts, anytime soon

restructure of debt will be possible BUT it will be on the usual here's another

tub and bend over terms..........

The Diamonds, if AP ever manages to prise them away from RBZ, clear the debts

amaze the balance sheet, so the future profits from BP and Tajikistan , not just

washed away in servicing the debt..........

New company , new possibilities and very much , in a market correction , not spike

territory......... 🤔😲🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

Old prices mean diddly squat, they to need to be diluted with the placing additions

only old market cap highs have any value.......

Can vast return to many pence, yes the MC still remains ultra low, as said before , years

ago vast rated BP alone at US $200m enterprise value, once the work done and BP

ramped up to nameplate capacity.......

Now look at the current market cap £7 million, in February podcast AP stated the 💎💎💎

worth more than the current market cap, it was £15m on that day, so 0.40 to get back

to where we were on the anticipation of the parcel return.

Still chicken scratch , compared to a debts paid, cash on the balance sheet and revenues

flowing from BP and Tajikistan company and that former BP $200m enterprise rating. 😲🤑

Nookie , is it safe ? 😂

or in our case, is it out of the safe yet ? 🙄

Would like to see him add more, another confetti placing and that TR1 will

drop off quickly below 3%...

Been buying their own shares back almost daily it seems for quite a while

ujo already consolidated , no longer a confetti share base, so nice to see

some coming our way, wressle will continue to pour the daily profits out

be nice to see, D.B. suspend the buy backs and keep raising its BCE holding

perhaps even to the level , that would bring forth a position on the BOD 🤔

What D.B. will have already seen is the similarity of our asset to its own Wressle

originally restricted but now flowing over its target of 750 bopd, wressle has

massive scope for more wells and development BUT also has restrictions and

the crazy UK councils etc to deal with, or would expand FFD quickly.......

BCE has no such hands tied, area with lots of pre existing wells and infrastructure

to market and in country support for rapid production increases in the near term.

As a holder of UJO for over a decade, I also see the similarities on potential FFD

by BCE in the coming years, such projects can and often do quickly move through

the gears , with multi well programs and 800 bopd , suddenly becomes 5000+

and even higher, with the right funding and JV partners..........GLA

This is just the beginning , one well down , how many more to flow. 🤔🤑🤑🤑🤑🤑