Member Info for passiton

That is one I have been hoping moves quickly, UAE representative , in a meeting just a couple of weeks ago, may have been one of your FB links Filthy, ended with a big boast, of positive interest and Showing the world what we CAN DO. 😉

Boil have played snail paced catch up to Shell on part of the license, the big boys know what's on offer, just now need TL to let or give it a home to bring them back, returning Major/Tier1 who departed frustrated by the Islands refusal of Darwin and FLNG, now also the possibility of a full on Chinese Take it all away day. GLA 🤑🤑🤑

no more than we knew back when boil joined sundagas for chuditch, shell the previous owner spent $47m on chuditch including the discovery well 1998 , 3 main leads under the then australian license , chuditch , wombat and bilby, shell who were also developing sunrise , thought from its own full license seismic and other multiple leads to the south west , chuditch would end up bigger than sunrise, multiple other leads thought to be either oil ,or large condensate fields with more gas over them. the partial done by boil, brought in the edge of now labelled new bit (lol) quokka, which was one of those additional leads to the south west.

filthy good to see another meeting with mystic meg, the last time gusmao spoke he said did not think any news on sunrise until next year, could be recent china events, have got meg and co off their collective ****s, hope so, as always

movement of sunrise 5tcf currently on woodside books for $0.00c, will have a knock on effect to our zero valued gas.

woodside had it on the books for hundreds of millions, until marked down year on year , until 2019/20? when put to zero.

based on woodsides old pre gas boom valuation on its books, how much is that worth now and likewise how does our 3.5 tcf with upside get revalued , if woodside marks back up on progress. 🤔😲🤑🤑🤑🤑

Copl will as most do depend on the deal and how much its further diluted (bond holders) consolidated from 16 billion shares to 160m , now rapidly heading to over a billion once more, that would be 100 billion pre consolidation, crappiest ceo/cfo funders have ever seen and no end in sight (bond holders) with ANOTHER consolidation planned, lots of dirty little details needed before it gets back to the talk of £5 - £10 a share talked about on the 2 billion barrels discovery, many would probably bite your whole arm off for that 40p 😂🤣🤣

Hope you and Cobra have a good one 😉😂

Looks pretty standard , preparation for funding planned growth, new licenses and a ceiling for adequate equity funding as and when/if required, for upcoming advancements, further expansion drilling, follow on testing etc.

The growing pains for all, until a well heeled partner arrives to pays the bills, or exploration turns to production and revenues. GLA 🤔

Same asset both Rare Earths and Gold, Cobra unique in the market, the Cobra will strike a huge commercial deal in the future, rare one for me, have a very simple strategy for this one, just keep adding from slicing others and sit on my hands.

Cobra growing in the ISA, unlike EUA/GGP which I should have done the same with for 5-6 years, until it flew, GGP to a billion plus MC. In/out, in/out, maintaining a holding, then selling all down too early, probably cost me millions v growing/sitting on hands with a much larger holding to keep slicing, ffs 🙄 GLA

Have at it Mr T, all provided free to use and abuse as other posters and boards see fit. 😉🤣

Been talking jv over there as long as Yeo ho ho has over here 😂🤣😂 both will happen ONE DAY in 20xx

Old prices worth used toilet paper , copl was 80p when it returned from suspension, consolidated and diluted to death again since, old prices have to also be DILUTED by the same factor, for the true Market Cap high, which is rare as rocking horse 💩anywhere near the old sp. 😉

Already was

https://www.lse.co.uk/rns/COBR/notice-of-general-meeting-4n4j2rtbv9odhtw.html

The GM will be held on Thursday, 14 December 2023 at 10.00 a.m. GMT at the offices of Orrick, Herrington & Sutcliffe (UK) LLP at 107 Cheapside, London EC2V 6DN. Further details of the resolutions of the GM are included in the letter from the chief executive officer of the Company set out in the Notice.😉

that 45.3 billion u.s. dollars mentioned in the article, must be what has just been signed off at the 7th expo, ****stan's cpec project alone under the bri had exceeded that total long ago (over 60b)😲🤑

7th Silk Road International Exposition which ended Today.

The previous six editions of the Silk Road International Exposition had welcomed more than 10,000 overseas exhibitors from over 190 countries and regions, and the total amount of contracts signed for foreign investment projects had exceeded 45.3 billion U.S. dollars in value. China has signed more than 200 documents with 152 countries and 32 international organizations on cooperation under the Belt and Road Initiative (BRI), covering 83 percent of the countries with which China has established diplomatic relations.

China BRI the deepest pocket on the planet. Xi in his recent talk with Gusmao, Xi stated the BRI would now get involved in Timor Leste, as strange turn of phrase, as the BRI has been operational on TL for 20 years, built the Government Palace and some other buildings, some roads etc, his words surely mean HIGHER project funding (Metinaro/Beaco ?) 🤔

Recent MOU signed , state visit and last Friday the top man of the Chinese Gas company visited the Island, look set to make good on Xi's promise to help, poorer Asian countries, reinforced by a Major speech to all.

CHINA'S CONTRIBUTIONS

Addressing the 30th APEC Economic Leaders' Meeting, Xi called for staying committed to inclusive development that delivers benefits to all. Global development now faces severe challenges and the development divide is getting wider, said the Chinese president, adding that he had said on many occasions that "true development is development for all."

"GOLDEN 30 YEARS"

"Since the establishment of the economic leaders' regular meeting mechanism, APEC has always stood at the global forefront of openness and development," said Xi. "It has played a robust role in promoting Asia-Pacific trade and investment liberalization and facilitation, economic growth and technological progress, and the flow of goods and people. It has helped create the 'Asia-Pacific miracle' that has staggered the world," he said.

Xi's speech reinforces China's commitment to promote multilateralism, which is essential for lower and middle-income countries. It is time for all countries to open up and improve collaboration, so no countries will be left behind

https://english.news.cn/20231118/ad266365661c4cd5b1ff5b1d6a6ee92f/c.html

China also held a meeting this month with the PSC (Portuguese Speaking Countries)

MACAO, Nov. 17 (Xinhua) -- A forum on mutual learning of civilizations between China and the Portuguese-speaking countries (PSCs) was held on Friday in China's Macao Special Administrative Region (SAR) to explore a mechanism for cultural exchanges and civilization mutual learning between China and the PSCs. Some 20 scholars from Angola, Brazil, Cape Verde, Guinea-Bissau, Mozambique, Portugal, Sao Tome and Principe, Timor-Leste, as well as the Chinese mainland and the Macao SAR, discussed topics such as the BRI between China and the PSCs🤔

That will be to do with the restrictions mentioned before, many of TL's other sector follow on finances, with both the IMF and World Bank/others, require TL to contribute, they have been previously told, they will not get them, if they put the petroleum wealth fund , which pays most of the annual budget, under stress to do so. (covers 85-90%+ most years)🤔

Probably, looking for additional info , on how they plan to pay for Sun Hub and Beaco on top ?

China now also in the game, MOU with TL and the head of their GAS company has just made a visit to the Island, things will move very quickly , if they come after us. 😲🤑🤑🤑🤑

Dem

you know as much as we do, lots of triggers, that could happen before the end of the year BUT most of them out of Boils own hands, they are waiting on others and politics in the region, just as much as we all lth here have been, for a while.

Dunrobin , JV/Sale talks ongoing - Boil 66 mbo (over 200mbo discovery)

Chuditch , JV/Sale talks ongoing, now planning for finance/rig for 2024 drill, Island has two projects either of which could have Chuditch involved, Metinaro Gas/LNG Import fac and 90 day tank farm - tenders/parliament to be built up and running for supplying their 3 Island power stations (currently diesel) by 2025/26 and the eternal Beaco Gas/LNG Exports fac - tenders 2030

Chuditch drill or drop 18th December

Metinaro FID - some articles have November most by end of 2023

Some of us are hoping, the extension of our drill or drop from summer 2023, to 18 December, just after TL announced studies ongoing and Final Investment Decision Metinaro by end of year, is more than just coincidence, those doing the studies (see yesterdays posts) expected to have their side done Sept/Oct results to Timor Gap, to then finalise FEED for Metinaro, so still expecting developments on that soon, our Chuditch FPSO plan, is ideally suited to go with that project, drill 2024, supply 2025/26?🤔

GL if you decide to join the large crowd of crazy boilers.... 😉😂

And the meeting on carbon capture, posted on by a couple of our hardcore posters, now reported in the local rag.😉

https://en.tatoli.tl/2023/11/18/mprm-and-sk-es-collaborate-on-strategic-carbon-capture-and-storage-initiative/15/

CoM meetings normally headed by the PM or his appointed deputy, if out of country, President a non participant, all things agreed by Parliament/CoM, travel on for counter signature, procedural rubber stamping by the President. He does have the right to veto or throw back to the originator, with suggestions/comments for further discussion, before being presented to him again. No idea how many times they can play ping pong with amendments.

just been reading the link below , on the jcc cpec meeting, appears ****stan and china, did not agree as much as ****stan was reporting and some , not so good stuff in it about future thar energy developments, presume it means the old power stations, not the newer green developments ? one rider, it is indian press reporting, not unusual for them to tell porkies about each others activities.

https://energy.economictimes.indiatimes.com/news/renewable/china-refuses-to-further-expand-cooperation-with-****stan-in-energy-water-climate-under-cpec/103980610

FID , final investment decision Metinaro , (press/other) November/End of 2023 tick tock, FPSO? on the clock.

Chuditch drill or drop 18th Dec 2023.

Do not hold a great deal of stock in coincidence, especially in this case, our DOD date moved from Summer, just after the Ministry announced FID by end of 2023, hoping its not just 🦆🦆🦆🦆🦆 lining up, its more if it walks and talks like a, its a winner m'allard KA💥💥💥💥💥💥💥💥💥💥💥💥BOOM time.........catch ya Monday........GLA😉

That last one from August 3rd, suggests it could be very close.......

will completely execute both onshore and offshore field survey by the end of September 2023, and provide the survey reports and analysis to TIMOR GAP in order to allow TIMOR GAP to finalize the FEED design study for the Petroleum Import Terminal (PIT) project.🤔😉

Come on the Andy pandies, get that domestic Gas/LNG supply contract and announce, drilling in 2024. Then bring on the dancing girls and jv/sale partners no longer under NDA ?😲🤑🤑🤑🤑🤑