Member Info for passiton

Their is no pipeline to Darwin at the mo , Jarv ?

Not over filthy, as said for a looooooooooong time, Sunrise set in stone, the only

viable other option for Metinaro (2025) Gas/LNG Imports to 3 power stations and

a 90 day supply tank farm........ is Chuditch via its Sundagas (our secret weapon)

FPSO

The Final investment decision for Metinaro is Q4 2023, which starts in a few days.

Show themselves as being even more out of their depth, if they do not use their own

Gas resources, stated in parliament, the conversion of the 3 Island power stations to

Gas from Diesel would save them millions per annum

Be pretty stupid to go for external more expensive imports... 😲

Finally the unresearched often call 3 big trades, that in reality are just 1

or none, as they are flagged on the real market as AMND or CANC, being

either amended or cancelled, often with mistakes added, saw one that

had 7 goes at getting it right...... (trainee finger troubles 😂)

Those are easlily spotted as on 3rd party sites like this lse, they replace the

AMND/CANC with a - hyphen in front of the , volume and/or cost fields.

Depending which is being adjusted, in most cases price or volume of trades

all sharing the exact same date/time stamp....... 😉

£12k is not a big trade, many a twitter boaster , well heeled PI , announce their

up to £50k trades prior to them being printed.

Over time, I have bought many times at or around the bid price , let alone the mid

on many shares (keep plugging away a better deal might pop up on a dummy ,it

then actually allows you to execute)

Likewise , many times sold , on , near and when in full crazy mode ABOVE the

listed Asking prices........

Any trade can and often is, not what you would expect, sells well above the mid and

buys well below the ask........

Spent 3 months in Gun , pre-consolidation, the prices sat in the 0.03p range, EVERY

TRADE during that period labelled a sell , around 30+ of them my accumulation

trades (buys).........

All 3rd party sites use pretty much the same thicko Algo, based on what it

sees as CURRENT (in all cases) range and mid price......

All above BUY

All below SELL

(Never ever the case)

All on ITS mid price, delayed or now seen outside of its range, chokes = UNKNOWN

(not dodgy black trades/mm games etc - ZIP NADA to do with them. 🙄

Because in reality it reflects the true trading, every TRADE considered a buy and

a sell by the worlds markets, so they DO NOT LABEL...

If you see a label buy/sell/unknown, it's a rehash of the real market trade print

by 3rd party sites like this one, trying to be helpful with trends/ratio's and

failing miserably on most shares daily.

All a 100% BEST GUESS by the sites , mega dimbo Algorithm, not a fact and

likewise makes all the other stats, as much use as a chocolate tea pot, as

they are also based on 100% GUESSWORK........... 😜

Oops mid 2026

vice 2023 😜

as this june article states , target 3 years to the hydrogen plant being operational

so , operational around mid 2023 target.😉🤑

have to start getting a wriggle on soon, with financing , feed etc, to make that

provisional operational deadline. 🤔

https://energynews.biz/****stan-to-get-first-ever-green-hydrogen-production-plant/

https://tribune.com.pk/story/2415550/green-hydrogen-and-****stan

b) another major cost adder is the enormous infrastructural cost. for example, hydrogen pipelines can be 10-50% more expensive than those for natural gas while storage tanks can even cost higher.

the factor which plays no mean role in the same is the low energy content by volume of hydrogen. thus, it takes about 3.3 cf of hydrogen to deliver the same energy as 1 cf of natural gas.

this makes hydrogen’s storage, transportation and especially compression far more cost intensive. compression alone requires almost thrice the energy to compress the same quantity.

if the dfs completed , all of these factors will have been taken into account and as the rna message

over the rns news wire stated, without giving actual figures, forging on with next steps, so must have

come in very competitive, to give them that confidence.

expecting further news updates , soon this time, eh naheed 😉🤣

Only 8 market sessions after today to the end of the month, tick , tock 💥

As part of the ongoing review, the Company has identified a number of potential reverse take-over targets which are being evaluated to determine the most suitable value acceleration for the benefit of its shareholders.

While the review is set to conclude in LATE SEPTEMBER 😉😀

📰👀

Defended Coal in June also - New York times article.....

The country’s energy minister, Nasrul Hamid, forcefully defended the decision to build the plant. No one could have anticipated the many challenges that would befall the project, he said in an interview, including the rising price of coal on the global market, or the foreign currency crunch facing his country.

Whether it’s from coal or another fuel, he said, Bangladesh needs affordable, reliable electricity to grow its industries. “It can be energy from fossil fuels. Whatever it is, we need energy,” he said. “Every country has done that.”

Despite his bullishness, Bangladesh, like many other countries in Asia, is softening on coal.

https://www.nytimes.com/2023/06/18/climate/coal-electricity-bangladesh.html

License restored, TRP will bag/s , no longer priced to FAIL 😲🤑

License restored/extended, allows finalisation of the finance and drilling plans

(can kicked down the road yet again 2022, 2023, 2024-25? (3 well plan) .

Any deal on the much bigger licenses, especially Namibia and no one will care

about 30-40mbo in Cameroon 😉😂

No bigger news , without a license, JA does not get the others 😉😲

TL showcased its bid round with the NON TENDER award of Chuditch to Sundagas

in Nov 2019 (services rendered on Island fm 2016 setting their industry up)

An ideal piece of open to options and business to the Sector seniors they crave to

return , would be another Chuditch FPSO with domestic supply contract attached

showcase....... 🥂🍻💃🕺

imo, A.B has lots of interest in Chuditch from his massive contacts list , as a VP of

Seapex and likewise MANY , already with PEN in hand for Chuditch, as soon as

that long awaited clarity comes........

Large drilled discovery , with much upside and in talks since 2021, only one reason

it has not long been snapped up already....... GLA 🤔

Said it many times, the Northern Project at Metinaro Gas/LNG import facility

and massive 90 day storage tank farm, mutually ideally suited, for Sundagas

Chuditch FPSO plans.

Final investment decision on Metinaro is set for by press Q4 / November 2023

this build is to support the being converted 3 diesel fuelled power stations

on the Island, all to be in place and converted by 2025 (as announced in the

TL Parliament originally - probably slid since)

Last statement by the Santos CEO, was they had set aside over 400 million for

the dual pipeline project and it would still be going ahead.

As quickly as they could, to restore production at Darwin, they had already planned

3 years down time, from end of Bayu production, to Barossa/HUB/new pipe to OPS.

They also appear to be waiting for clarity, on that Sunrise HUB and are all as Gusmao

stated in Parliament , many years ago making it a decree LAW, it will all come to the

Island (oil and gas - his project tasi mane - bettano oil , beaco gas) LOCKED IN

or will the demon duo , Gusmao and Horta give a first EVER yes to another option ?

ideally court the industry , with support for Sundagas FPSO plans , long before

Beaco built or not becomes available (last tenders by 2030)😲🤑🤑🤑🤑🤑

Add to that Santos and ENI , those few involved in the massive flop 2 1/2 year bid

round, have not signed their PSC's , down as signature by Jun/July 2022.

Pretty obvious why, they have their own dual pipeline project , the current Bayu

to Darwin to become carbon/waste output from Darwin, with a shiny new pipe

(was to be barossa - tiwi islands court injunction)

So you would expect them to plough ahead, new pipe hub of their own in either

TL Waters area R or P, for production Input to Darwin, could still start with Barossa

if in Area P, pipe across to new hub and bypass Tiwi waters , to their own facilities

now laid idle at Darwin (Bayu depleted).

Original plan, HUB Barossa (santos) and nearby Evans Shoal (eni) both to feed the

new HUB input pipeline to Darwin.

Until such time as the Island come clean and support Sundagas (the real power) proposal

for FPSO, it is absolutely tied to G.S

Boil/SG announced after exhaustive investigation of many processing paths for Chuditch

it had settled on FPSO as it's primary OPTION........

Meanwhile five minutes later, the Island implemented its NEW STUDIES , which stated

it was based on the Beaco multi string Gas/LNG export facility on commission, would

be fed by production of 3 fields, having had coordinated development, to feed beaco

from a Pipeline HUB located at Sunrise, the fields being , CHUDITCH, G.S. and KELP

G.S being Sunrise and Troubadour (240mb condensate at the edge of Sunrise)

Kelp , at the time no license issued or operator in play, discovered by Mobil in 1998

and given a preliminary 14.5 TCF discovery label after successful drilling.... 🤔🙄

And another deja vu week of waiting

rolls on 😲😂

The RNA message , released over GNW and relayed over the exchange

rns news wire, said SFA, just a plausible excuse, for further delayed

(many months) execution of the high courts instructions. 🙄

Like AP Its cheaper, to use GNW........🤣

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

https://www.londonstockexchange.com/stock/VAST/vast-resources-plc/company-page

Scroll down the real LSE after an upgrade of its own finally gave credit to the other RNA

release/origin sources (still around 6/7 for London) about 18 months ago, historically

vast have always mostly used GNW for Regulatory News Announcements release....😉

It's cheaper and like all good little Regulatory News Services, it relays all sources.....

the words and message are RNA, the rns a dumb machine storage system......

Worldwide , NYSE , ASX , TSX, London, etc, etc, RNA's all round

Words have the power , do not give it to the machine, or Arnie will be back

😂🤣😂

https://media0.giphy.com/media/IZY2SE2JmPgFG/giphy.gif