Member Info for passiton

Close, the theory from way back then , was the empty space that links the

two licenses, now Area P from the bid round, taken by ENI but not signed

off still (originally due June/July 2022-Extended end of 2023 to by February

latest- Silence since) .

Due to geology and also the additional fields in Australian/Indo waters to

the North East, it is "LIKELY" that the Hydrocarbon kitchen that feeds both

Sunrise and Chuditch and probably further afield, located somewhere in

Area P

The OZ Timor Sea waters to the East and South of Chuditch have been widely

explored, while Timor Leste , Timor Sea region has stalled for decades. Leaving

it even more likely, they are right about Area P, for which ENI now holds the key.

🤔🙄

Greater Sunrise -Sunrise/Troubadour 1974

Chuditch 1998 - Shell

Kelp also 1998 - Mobil - estimated 11.5-14.5 tcf , bigger than the rest put together😲

Timor Leste's own studies as reported in September 2021 , based on ALL 3 being made

a co-ordinated development to feed Beaco on refinery commission, all from the HUB

pipeline to be built from Sunrise to TL

The majors left frustrated, those that remain, still have not signed off the new licenses,

for years the messages mixed, companies planning one thing, with TL Ministry talking

all roads lead to all , coming to the Island.

Floodgates will open, once truth and clarity , revealed. 😜😲🤑🤑🤑

He could indeed, as posted before the RNA Messages , carry like the politicians

an asked and answered clause, the planned events laid out in the RNA messages

over GNW/rns news wire.

He can if he choose, wait until the ALREADY TOLD sequence of events completed. GLA

Nice find , Lostsoul

who does not like, an event that fits the timeline ?🤔

🤞 AP for once his his life , has finally met and made one 😂🤣😂

It was from their own FULL license seismic done back in the 90's alongside

the successful drilling of the CH-1 well, the area around it is what Boil/SG

have concentrated on, originally that was 3 leads , known as Chuditch, Wombat

and Bilby , when it was still under an Australian license.

They also referred to other leads on trend (the new Quokka one of them) and several

to the South West of the license, which they suspected would be either Oil or large

Condensate reservoirs (with more gas on top of them) , as similar to the offset to

Sunrise , condensate fields of Troubadour, together with Sunrise , known as Greater

Sunrise, in its case Troubadour was discovered first, further expanding exploration drilling

then discovered the Gas fields in 1974.

Go read Asimpleinvestors history, he is a Dimond trader, all the details

you need, prices of mostly industrial grade diamonds (not gem quality)

etc

Subject has been done to death

2010- High Court case- the parcel 129,000 Carat's valued at $18m (£15m)

2023- Ceo podcast , Diamonds worth more than our current market cap

On that day Vast valued at that same £15m

Upshot, we all hope he spoke true and £15m , with 🤞 for more.......GLA

Nob head like Mag , a bucket shop pumper, can't spell or put a sentence together

normally.

As pointed out a few weeks back, when both taking heavy flack, some from moi 😉😂

Both suddenly stunningly accurate words and phrasing etc, the YODA of the crew

giving his padawans some , yes done this way it is , lessons😜🤣

Events

President Mnangagwa, decree's, NOTHING is to impede, NEW Investments into

Zimbabwe's Mining industry and to get his Governments plans for a $12 Billion

to Gov Industry, all back on track.

All legacy issues to be REMOVED

Well they have done that bit , with multiple cases , not just Vast, having successful

resolutions, decreed by the High Court.

Now strange it's dragging on so long, after a wide window was reported initially

by end of April , mid May at the latest.

Does not foster the , all is good , come and invest in Zimbabwe environment

the President is demanding🤔 .........GLA

The tumbleweeds roll and the wait continues.......🙄

Come on AP, master of the dog ate my homework excuses, give us a Positive update

on BP and Tajikistan ,with a side order of , ah well the Diamonds..........but expecting

etc, etc😂

As said , Island keep talking Chuditch to Beaco, Boil/SG FPSO

which would require different set up's and well planning.

Shells FLNG plan for Sunrise was 26 to a max 28 wellheads feeding the platform

they also had Chuditch probably across license (Boil/SG only part seismic done)

as big if not bigger than Sunrise.....

Big players and big financial commitment required, hence they remain sat on the

fence (long in talks/data room with various since Q3/4 2021)

Gusmao broke it all 20 years ago, like the terminator , he's back , time for him to

FIX IT and get everything FLOWING..........🤔😲🤑

Probably not, Sundagas on the Island and helped them set up their system

long before Chuditch awarded to them via NON TENDER (services rendered)

or Boil arrived on the scene (failed nepotism rto)

Just another extension until the locals sort their 💩out, this now brings the

period of combined years 1 and 2 , to if not extended again a total of 4 years.

The bid round players , still not signed off on their PSC's , originally due by

Jun/July 2022, November extended by ANPM to by end of year or February

at the latest...........Feb long since drifted away, with no signatures ,other

that local Government owned NOC Timor Gaps 100% own license......🙄

Remains as it's been since day 1, Industry mistrust and some honest clarity

required by TL Gov, Boil first said in talks Q3 2021, then will re double efforts

Summer 2022.........little doubt plenty waiting in the wings.

All remain sceptical until firm announcements made over Beaco/Pipeline HUB

(Multi fields to TL not just sunrise)

September 2021 , TL announced its NEW studies for Island production, that included

Chuditch going to Beaco on commision, with both Sunrise and Kelp (no license or

operator currently 14.5 tcf discovered by Mobil 1998 same as Chud/Shell).

The two bid round main non signatories , Santos and ENI (Area R wider bayu region

and are P, long thought the hydrocarbon kitchen area that links and feeds both

Chuditch and Sunrise.

Santos/eni/korea have plans for a second new pipeline to their OWN facilties in Darwin

production pipeline, with the now current idle pipeline Darwin-Bayu to become waste

disposal and carbon capture storage, in Bayu's long depleted main reservoir.

Will they be allowed to send TL waters discoveries to their own facilities ?

Likewise, Baron/SG have long talked , looked at many possible paths but

long ago settled on FPSO (again Island multi refs to Chuditch to Beaco)

Nothings changed, huge asset , like Sunrise on Woodside books at $0.00c

when valued at 2021 oil and gas conference (pre gas price boom) at a mere

$65- $75 Billion over an expected 30 year production life.......

Gunsmo/Horta bff's with a plan , now back in charge, Woodside and Australia's

card marked.........things SHOULD now become clear and move quicker than the

snail pace employed by Yeo/Boil all these years 🙄😂...........GLA

Zimbabwe mail 18th May, still also expecting Vast to return to previous

mining agreements......🤑

Regarding its operations in the country, Vast Resources says; “In September 2019, the Company announced it has signed a Joint Venture Agreement with Chiadzwa Mineral Resources, a company designated to represent the Chiadzwa Community interests in the Concession.

“This resulted in the formation of Katanga Mining. A further Joint Venture Agreement between Katanga and the Zimbabwe Consolidated Diamond Company, a government entity which represents the Republic of Zimbabwe in the diamond mining sector, is set to be officially signed.”

The London based mining and resource development company, Vast Resources has hailed President Emmerson Mnangagwa’s administration for commitment in resolving legacy issues at a time when the miner’ share price has gone up.

https://www.thezimbabwemail.com/business/british-mining-executive-flies-into-harare-to-recover-diamonds-from-rbz-after-12-year-dispute-thanks-mnangagwa/

In February this year, the Bill was subjected to public scrutiny and paved the way

for stakeholder consultations by the Parliamentary Portfolio Committee on Mines

countrywide.

Is this what has held up the license, a new mining law, says it fell over 3 years ago

when with the President, in a similar new law for Nigeria Energy sector, over 150+

licenses expired, awaited applied for extensions etc (none cancelled) while it was

completed from Bill to Law (from revision 3 1/2 years)🤔

https://www.chronicle.co.zw/government-races-to-finalise-revised-mines-bill/

The bill will ring-fence nine strategic minerals to ensure that the country derives

maximum benefits out of the resources that are fast gaining global significance.

These includes Lithium , DIAMONDS, rare earth minerals, copper, nuclear energy source

materials, mineral oils, gaseous hydrocarbons, coal and nickel. 🤑

Yep 2 1/2 hours+ to get to 8m shares traded , now 30m and rising GLA

Bit more like , 8m shares , doubled in the last 15 minutes, still 16m mega low

volume but picking up, news or FOMOF later in the day😉

Probably not , pull you finger out of your **** AP

😂🤣😂

Sundagas built the local system for TL, they can ask and get what they want

anytime they want it.........they have been and continue to assist TL development

since 2016 .........long before Boil arrived on the scene 4 years later.

It's always been about Sundagas , they arrived on the Island 2016 and helped

set up the Islands own industry, floated in Singapore just prior to the out of

the blue NON TENDER AWARD of Chuditch to Sundagas (services rendered)

Nepotism - Related Dr Butler's on the two boards , straight to trying to rto

failed to raise funds took 33% the rest over time.........

Sundagas formed originally by Butler and two other seniors of the Industry

who also picked up an ex Total asset in Indonesia (sold / exited pre Boil

100% ownership)

It's always been about the SG guys and will remain so, be they taken out 100%

by a returning Major (do not usually share , with other than peers) or mostly

by JV drilling partner , for cash / free drill etc.

Boil not an oiler , it's and investor in assets, so same with Dunrobin, a sale is

always on the cards, to fund new investments/ventures.

Andy Butler and co, front end, Yeo and co back end, finance to projects.🙄

Yep , pushing 3 hours and only about to break 10m share volume

zero sign of FOMOF so far today......😉😂

Said before , its curtesy but not required, he stated the process in RNA Messages

released on GNW and sitting on the rns news wire.

The RNA has like the ,in parliament to the PM , asked and answered clause........

he has zero market obligation, to do other than nice to have curtesy updates

(if he chooses and historically - he has not) until that process is completed/changed.

As another poster said earlier, he could indeed wait until , an announcement

All done and diamonds to be sold at..................

💎💎💎💎💎👀👁👁😜🙄🤐🤐

Vast is just a minnow, much bigger players/assets Ed is looking for to expand

or return, when did some major research years ago, think it was in total over

50 but around 25-30 subsets of the metals and minerals sphere, known to be

of commercial levels for exploitation within Zimbabwe.

The current biggie being the massive Great Dyke ridge that cuts at an angle across a

large part of the country, choc full of Lithium , REE and Gold

Diamonds , the potential to be huge, with the geological society having identified

well over 200 Kimberlite pipes in country waiting to be explored, the industrial

diamonds (bulk so far) are from weathered and destroyed pipes, spread over large

area's, over time.

Think it was 6 colour variations, had already been found across Marange, making it

highly likely, further gemstone discoveries await a bucket and spade (vast's hopefully)

amongst the routinely mined , dark industrial grade diamonds 💎💎💎😋😉

https://miningzimbabwe.com/