Member Info for VisitTimor

Has been the same for years on Boil , AQSE wakes up and Boil has a good day, it comes alive and we do strange things like a 0.05p to 0.35p in a couple of sessions. It only ever happens here on ACTUAL news, or on a pump and dump to start forward selling a placing.

No placings expected (ab - ceo) so news or change in local events it is, unless just a clown trader in for a ickle spike, vice the real journey long term INVESTORS , now expecting to happen, many catalysts now in motion.

📰👀👁👁👀👁‍🗨👁‍🗨🤪😜😉

Please stop posting clueless utter ⚽⚾⚽🏀🔐🔏🔓🔒's

No volume = zip happening, we have 25,501m shares in issue, today AIM 305M AQSE 0

Record day when less shares , pre the recent mass confetti placing AQSE 1,500,000,000 with over 6000m 6 billion, which under new share base would have to hit over 8000m for the same percentage. 304m ffs

Make use of your time , go do some study of basic Market 101 🙄🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

Said before the last major breakout , on the seismic, many calling pence (old prices) that the current high was 0.17p (lot less shares then) that was the TIPPING POINT, it broke and did another 100% to kiss 0.35p , dilution made that 0.266p further dilution made that 0.2p ish.

Same again this time and the first target to aim for is 0.40p, however that and previous rises on the prospect of something might happen.

This time we are looking at something ACTUALLY happening..........

Non Equity Drill funding and/or new JV BIG Player enters as field operator.

TL gives us a first ever YES , to other than 20 years of all can wait for Beaco

TL and Sunrise live up to their promise, of a settlement this time, which will signal a return of the Majors and Tier1's who departed frustrated by TL'S pipeline dream. Be that settlement , Darwin , FLNG or TL, all great for us, prospective partners who have long sat on the fence, will enter Timor Leste's Timor Sea waters, knowing at least 1 route to market is already acceptable to TL, give us a YES to FPSO and that's 2.

A long denied certainty of a route to market , will instantly give Timor Leste Timor Sea area, a massive boost in value, likewise Sunrise (woodside $0.00c) and our own Chuditch currently valued at the price of a lucky bag per boe.😜😜

High is never sp , its always previous high MC to beat, which is £49.8m, after the latest dilution a smidge under 0.2p

Crack that little chestnut and its BLUE SKY all the way (new highs) MC is the only metric that remains and can be bettered on further success. Sp for poor old ickle rise traders , MC for Investors in for the journey , not just the next pathetic spike. 😲🙄

Now ask yourself , what Chuditch is worth , not on drilling but on having an actual path to market and REVENUES, to a much bigger FFD developer (26/28 wells - 30 years based on Shell 90's figures and mapping 850mboe + upside)

Even taking just Boils snail paced partial license catch up, 60% of 595 Million boe, is a gazillion miles away from our current market value........

So do you see Boil under AB , as a growing , £100m , £250m , £500m , more ?

88e has achieved MC's of £250-£485m many, many times over the years, just on the possibility of having some oil in the 100-300mb range that flows, our Gas in comparison , will pretty much flow with little assistance/none.

Remains a minnow , holding a SUPER MAJOR's previously 3,571 sq km fully mapped and drill license (Boil partial 800k2)

As its always been , just need a first ever TL yes you can , or them to finally commit to building onshore. Do not even need to drill for us and Woodside Sunrise $0.00c on book) to have value returned to long isolated and unloved gas assets.

Meadow speaks the truth, he has been here since we were both invested in Gold Oil and Gas (South America Peru/Columbia/Venezuela stuff) known as the stickiest share in the market, id GOO, Baron came into being and focus switched to being an Investor in assets (not an oiler) , that might change again now real oil and gas developers are in charge.

AB - Focus now on Asian ASSETS

The valuation will not be done by ITS's large revenues, more likely a similar to market p/e ratings, its profits only just over £1m a typical p/e style rating would put that in the £6 - £10m range.

for e.g. if Brad true to his word , sees icon floor as 10p and the target valued at £6m would return with around 80m shares in total issue (plus any placing that might occur with it - also common in rto's)

As before until some details emerge, that settlement figure could be much higher or much lower than 10p.

Been in dozens of rto's , the vast majority have boomed on return as valuations etc conservative normally and seen as undervalued by Mr Market as a thriving new company with revenues etc

We do think progress has been made , GB posted some ITS details the other day , on the recent change of 19 shares on ITS share base, this is a common event on rto's , the addition or removal of a small amount of shares, so that what remains is equally divisible by the figure agreed by both companies, giving X number of shares to ITS added to those in icon , that will be the returning shares in issue, subject to any placing in tandem.

A recent rto in progress , determined their value as the London cash shell (eg icon) was to be valued at £1m or 15% of the entire new company valuation, which ever the greater. It had not been settled yet but the target company was to be valued somewhere in the £6 - £8m range.

Until details if ever revealed (some RNA message updates on such , some do not) it's impossible to determine how many shares might be in issue as a result of the rto, plus many do a fund raise alongside with the rto , so plenty of working capital for business expansion and hitting the ground running from the get go.

It and rto , the taking over of a bigger company than yourself, the return is not certain to be called icon , it will be the enlarged company, be it still called icon , change of name as part of rto to IN THE STYLE or other name to be revealed.

It is down to the two companies to agree a valuation for both , the in the style shares awarded by icon, will be sub divided and valued by the icon valuation. The combined new total share company will submit a new prospectus to the FCA and once approved, apply to return to a segment of the market. Presuming as already on the Main standard segment will be looking to return to same.

Https://news.cgtn.com/news/2024-04-04/Chinese-Timor-Leste-FMs-meet-in-China-s-Guangxi-1swmztuaDUA/p.html

The two sides can deeply align development strategies and expand areas of cooperation under the framework of the Belt and Road Initiative (BRI), he said.

Https://youtu.be/0CmaLgxLDE0

Should be B-S

Mostly from external sources and movements, with that Q2 drilling NON EQUITY finance completion, also in the mix.🤑

Everything else is under 100% TL control, so likewise nothing preventing them circumventing OZ and the Chinese moving on say Chuditch, as its new hub to the Island , that Natarbora alternative to Beaco location perhaps ???? if OZ won't play ball from the get go.

Map almost a straight line North from Chuditch to Natarbora on the central south coast.

😂🤣😂 then when they pull their horns in , Sunrise can tie into the Chuditch pipeline 😉

China can not move on Sunrise, it can however build all the facilities onshore, 2018 ratified 2019 International agreement would prevent such a move , or alienate the international community, even less trust in TL, not in their big picture interest.

Would have to get agreement with JV partners (sale to TL/CNOCC for eg) and for TL and OZ to make an agreement, on compensation as it has rights under the maritime boundary agreement.

So balls in OZ court, put up or ship out while also living up to its previous statements, it will SUPPORT TL development, hardly the case if they demand billions compo 🤔

Looking forward to enhancing cooperation in various sectors and advancing their comprehensive strategic partnership.

is a pretty good sign off also......

https://gifdb.com/images/high/thumbs-up-emoji-w11j1jci6edzk8zg.webp

Loving that line in there Filthy

and engaging in Timor-Leste's infrastructure development

Timor Leste Ministry of Strategic Development and Infrastructure - MOU with China Ministry of Overseas Development

and under its wings , both the Gas/LNG projects Metinaro / Beaco (alt Natarbora) and Betano Oil refinery.

If it walks and talks like a Chinese Oil and Gas development funding, it is a Chinese oil and gas FUNDING coming.

End of the beginning is nigh 🙏

Most of us here not interested in ickle teeny tiny 20% go away and get an education and do some research.

teeny tiny spike are for traders NOT INVESTORS............. 🙄🤦‍♀️🤦‍♂️🤦‍♀️

Welcome back MOAMM again for the hard of learning

Boil has a very long history or moves all associated with news/AQSE volumes, today bugger all 163m on AIM and ZERO again today on AQSE............

Normal/Routine AQSE zero to 1-2% of AIM session volumes

Good days AQSE 5-10%

Cracking days 15-25%

Big fat zero and low volume on AIM 163m from 25,501m share base = still rigged for silent running zzzzzzzzzzzzz

Another key in the two projects - Domestic Gas supply security and Chuditch advancement, was the documents from the Ministry of P&I that our own poster Dougb came across , must be near 2 years ago now, they submitted projected funding requirements for its department , until 2028.

In short the years 2025-26-2027 projected budget requirement for that Ministry alone , more than the entire island budget in recent years, with 2026 being £3.2 Billion , which is twice this years entire Island budget. WHAT FOR !!!

To early for Sunrise/Beaco its tenders currently 2030/31 and the projected budget, dropped back to only 600 in 2028

That all seem set in stone Southern Project later.

Leaving Chuditch their only other developed source of local gas for the Northern Project P.I.T. 🤔

The P.I.T. will happen, its just a matter of when and where, original studies under what was than all project Tasi Mane (invented by Gusmao 1st pm after independence) He might move it back to his plan all co located at Beaco.

The plan itself is part of the TL Strategic Development Plan SDP 2011-2030 , its only a question of will it be Metinaro or another location, who will fund it and when, so it will happen.

That MOU TL Ministry P&I with China just prior to Gusmao visit late last year, smack of if it walks like a 🦆, 3 days later Gusmao and Xi spoke in China, Xi declaring his invention , the BRI would now get involved in TL.

A strange statement given , the BRI has been building things on TL since 2002, including the Government Palace.

Could only interpret that, as China will now stump up event bigger bucks, for the larger multi billion $ PROJECTS on the books.🤔