Member Info for Shouston

HFB, All,

I have read the legal doc for the latest round of licencing. I can see nowhere it mentions forcing IOCs to send the product to TL for processing.

http://licensinground.anpm.tl/wp-content/uploads/2020/02/Offshore-PSC-Model.pdf

But I am interested to see any documents on the Decree Law especially Article 24 and 25.

Anybody get a link for that please? (homework for tonight....)

Great source of data.

Enjoy delving into all the links and videos

https://www.in-vr.co/post/these-are-the-70-billion-opportunities-that-attract-iocs-to-timor-leste-s-2nd-licensing-round

Click on Timor Lest tab at top for even more data....

I took the liberty to post on telegram, hope you dont mind.

Full credit to you.

You have to have a bit of fun sometimes, and please do not take my frustrated posts as deramps, I know this is a great medium term play here.

THAT MADE MY DAY.!!

Well done Colonel!

No I am a genuine holder, frustrated as you can see...

Just tweet a picture of the camp and the rigs and I will be happy.

https://www.youtube.com/watch?v=OmBxVfQTuvI

Feeling blue......

I think bankruptcy has been priced in .......lol

This is painful....

Raquel, you seems to like posting on all the Covid test companies.

But with this one, you seem to put it down at every opportunity.

Why is that?

Are you holding here?

Thats toooo clever Colonel.

Who would of thought that a £10 photo would calm the troops.

The BOD really take shareholders for granted....

Do we see pictures of the drill camp, can we see drills in operation, can we expect early XFR results.

I am a holder, BUT ONLY JUST.......

MM happy to take 15M in one go. 0.0906

They seek your shares.....

Loving the sheer mordacity ...

Cheers JR,

The rise today will be a flag in both direction.

Dont sell, this baby's gonna fly..

Take an early position this baby's gonna fly.

DYOR

Happy boards, are great boards.

Especially when the detractors declare they bought in, is a good sign. IMHO

Funk, maybe C2 will declare a TR1 before MAX.!!

Chin chin

JR, what's the current vibe on the web.

Telegram grp is positive, but anything else you can share?

Sounds perfect Benny..

I am on the dark side of the moon, with a crate of German pilsner. Some of us have to slum it!!

Have ordered extra ropes.

PG, if we look at the local political recent history.

Following the independence struggle, there have been a series of coalition governments. Each of those has been heavily influenced by the person who led the independence war with Indonesia.

Each change of coalition has happened peacefully. In the most recent elections , 2020, the person pushing the island vertical integration, has lost the levers of power.

The new coalition faces the reality, of having to accelerate monetisation of assets, and spend the sovereign fund wisely.

One of the first things I did was Google earth the country, and scour the coastline for any major infrastructure, nothing but new airport (good!) And a main road on south if island.

IMHO vertical integration was an aspiration. The people of TL have voted for what they want.

Patience

PG, tend to agree with you, but SK and JP, also have strong interest to secure future supply.

Anyhow, nice problem to contemplate.

Today makes up a bit, for the past few days.

Sentiment is still strong here. I guess a lot are waiting for waiting for the TR1s anticipated, and then make a choice.

Others are noticing for the first time, and wondering when to take a position.

DYOR IMHO GLA

Yes we need the rite base to work from tomorrow.

PLUS 24% get in....