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Plenty of catalyst to get some gas value , excluded from our MC since day 1, now on the horizon

China, reveal the extent of Oil and Gas Infrastructure they are coming in for via BRI, Minister and worker bees in China for 4 days last week , presume Gusmao and Horta currently chewing the fat, over the documents they returned with, prior to Horta's upcoming visit. Xi loves a speech and signing photo op , possibly more than Mr Air Miles Horta esq... 😉😂

TL's overdue FID for the Metinaro P.I.T. with that Gas/LNG - Electricity to all Power station plan. (2025/26)

or our own , Finance and/or Farm in , AB confident he has the interest and should become clear Q2 (Apr-June)

Said for a couple of years before he got invited to join the board, he and his well connected team Colin etc at both Sundagas/SEPEX and associated companies, rub shoulders with the Majors and others in the region, on a regular basis, if they can't draw someone in for the action f k 👃, who can. 🤔

As for PVD , always said its a possible back up available via TG, if we do not get the finance and farm in action in time. As posted with AB's previous and Singapore $22m bank loan when bringing Sundagas to the Singapore exchange, do not expect him to dither like yeo ho ho and get it done in this Q, be it external finance or a free ride JV partner/s for the upcoming Drill.🤔

Just noticed Russell Grants horoscope in todays Express, now which set of clueless 🤡🤡🤡🤡 and MOAMM's does this ring true for......... 😂🤣😂

Wednesday 10 Apr, 2024

You cause tension in the home and market place but what's frustrating is that everyone will explain what is going on and you aren't sure and cannot comprehend what is causing this. With people being so awkward with you it might be best to keep your lips sealed and stay in the background.😉

👊👏👏👏

Filthy gets the award for todays best post 😉😂

Reigning champ Ed slips to 2nd😇

Brokers note says on success, Shell after drilling ch1 declared COS for follow on wells 100% and the reservoir thickness at ch1 small compared to the mapping of CH2 location, expected 3-5 times thicker, so after that 100% comes in, the GIIP and volumes should also be UPGRADED......... NO downside , just a permitted , method and home , is all that's required. 🤑

Without the policy change and permit, the spud has little bearing, on our real KABOOOOOOOOOOOOOM to a realistic value for the GIIP and condensate, valued at nest to zip , since day one, likewise Woodside carry Sunrise on its books at $0.00c when it use to be hundreds of $ millions for their 34%

That value returns and 60% of Chuditch at fair value, is not low multi bags its MEGA BAGS

For perspective TL cheaped out Shell and Conoco 56% of Sunrise years after they said leaving for $650m 5tcf, Chuditch catch up by Boil has 3.5tcf plus quokka , Shells old full license Chuditch was over 5tcf with multiple additional leads, one of those being what boils 800 sq km partial license seismic re run pulled in Quokka.

Current £15m MC a very bad joke, as is our previous high £49.85m for take Boil or Shell figures , what is a previously developed 500 - 1000 mbo/e asset.

Brokers notes much higher and they tend to be conservative....... 🤔

Need more ambition that a lowly trader % PD , last time we had a major breakout the high , which is always by MC never sp, was 0.17p , once that wall collapsed we touched an additional 100% to 0.35p (with dilution that is now 0.2p ish £49.85m

That was on a bit of news , something might happen, what price same again break 0.2p high and 100% 0.4p PLUS from 0.2p all is BLUE SKY, when anything can and often does happen, in this case , any of the major Catalysts for SOMETHING IS HAPPENING could also kick in.

Public support , Permit to FPSO , Metinaro Gas/LNG and 90-120 day tank farm, Beaco/Natarbora Multi string Gas/lng, the later of which could be built and operated by China under its Infrastructure construction BRI commitment , from last week (that part does not have to involve Woodside/OZ)

Have said for a long time, Chuditch was the showcase for the first TL Bid round (not sunrise) and still expect it to be a strategic part of TL's domestic security plan (2025/26) long before Sunrise/Beaco if ever sees the light of day (2030/31 tenders last quoted)

What else are they going to use, outgoing PM Rauk (2021) promised the people , TL wide AFFORDABLE reliable gas fuelled electricity ASAP, expecting all completed by 2025/26, not going to do that , waiting until Sunrise distant arrival(2030/31), or defeat the objectives, by buying and Importing more expensive external gas supplies. 🤔

Not me bud, been topping up , latest one 1,569,887 should appear shortly, been spreading the love around a few of my shares from MNRG slices, already had in the bottom draw and loaded just prior to posting the BREAKOUT ALERT earlier,

freebie on that one growing nicely 😉 and still only a sub £1m MC long way to go 🤑🤑🤑🤑🤑

After the Majors said leaving , they loaned new fledgling noc TG $650m to take a stake in Sunrise previously zero but still no go to all proposed methods by the then 3 majors, likewise having plans for Chuditch via its being built in Korea , new FLNG Ships moved it on and waited years to escape (the loan) near 10 years after said leaving.

All have TL statements since day dot , Gusmao first leader stood up in Parliament , saying its all ours it will all come to the Island , even declared it a decree LAW, he was speaking all oil and gas , not just Sunrise.

The band back together with Gusmao PM once more, Tasi Mane was HIS invention and dream for mass employment for timorese in their own up-mid-downstream Industry - he's in charge of our destiny once more....🤔

As said a few times, it would not go against his policy , if we got the contract for Metinaro, as it would still be coming to the Island, just need to hear them say it or give that GREEN LIGHT permission slip for our plan

That is the big rerate here , what TL SAY , not BOIL, time they publicly backed our plan, drilling means nothing, without acceptance of the plan, Shell said going to etc , TL Hold 100% land rights , so its up to them and their own last studies 9th Sept 2021 , we are going to coordinate CHUDITCH , Kelp 10.5-14.5 tcf and Sunrise development to feed BEACO

At the time we were already talking , after looking at many options, we are going to FPSO

Time they publicly supported the project plan , not just the drilling. 🤔

Can we break 0.1p today, still 2 1/2 hours to push 😀

Undervalued since day one Jan 2020 , our fortunes very much depend on what the locals do and say, not boil, the day that changes, as its always been , minnow holding a Super Major's fully mapped 3,571 sq km license that was successfully drilled by Shell and give a COS of 100% by them for future drilling, this is appraisal to PRODUCTION (subject to a fist ever TL yes to other options (FPSO) than wait for Beaco)

Boil 800 sq km v 3,571 sq km SHELL much bigger upside. Those that come to the table will know that, they will get a lot of bang for their bucks🤔

Something coming , will it be GOOD, or another Rolf rug pull........... GLALTH's we deserve it 😉😂

another tick up , could see 0.10p soon🤑

What price then , if a TR1 arrives with a sector name on it, such events 5-10 bag a share, even dog of the decade UKOG, when it stalled on Horsehill discovery drill, boom , went plink plink fizzle and down, picked one up in French Major Maurel Prom , it bought £6m worth on the open market , over those fizzle days, once satisfied, the handbrake came off, for the historic UKOG, ground floor to almost kiss 12p (yes whole pence) 😲🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

Need to break the high of £49.8m (0.2p) and settle above it , see if it brings forth any real II's , not the mikey mouse quick buck merchants and wonga's that curse the juniors in placings , badly referred to as both ii and investors😂🤣😂 and just quick buck p&d investing, not INVESTORS , sticky Investors , the more the merrier , hold new ranges on the journey, the other scum just cause spikes and spirals......... 🙄🙄

25.51 Billion shares , mostly in , you and me PI Nominee Accounts😉

https://baronoilplc.com/investors/major-shareholders/

Barclays only giving negotiated NT for any........ looking good at last👍

Come on Rolf , about time you pulled a 🐇out of your backside, its been sitting on your hands long enough..... 😉😅

Looks like I might have another nice top up coming here, to add to the big freebie, my MNRG has risen over 20% each of the past two days, hoping its not for a discount placing 🙄 been talking rto gold near term production stuff, so could go big from the sub £1m MC it was before the rise. Rider, historically you can trust Rolf as far as you can throw him😂🤣😂

We finally rated a mention in last years annual reports, so that was an improvement but as you say, time they became verbal and supportive of our plans publicly , plus still 🤞🤞🤞🤞 Chuditch is very much part of that Strategic Development Plan - Power stations (gas/lng) lekky for all Timorese - Metinaro PIT, now overdue its FID

A link like that would surely bring, INPEX and others to the negotiating table.

The bid round in Nov 2019 showcased CHUDITCH not sunrise, its always been set in stone by TL for Beaco, leaving Chuditch the only other developed Gas asset they have, has to be us, or defeats the objectives, set out by PM Rauk in Parliament in 2021. 🤔

Another showcase for the project including us, would blow the bloody doors off........ 😲🤑🤑🤑🤑