Member Info for VisitTimor

Covalima is the Suai offshore support base area part of Tasi Mane, in the South West of the Island, next district East is Manufahi where Bettano Oil refinery is located, our 2 👀👀 on are Gas/LNG Exports Fac's at Beaco Viqueque district on the South East coast and Metinaro PIT Gas/LNG Imports fac''s on the North Coast just East of the Capital Dili, in the district of Dili.

https://en.wikipedia.org/wiki/File:Map_of_Timor-Leste_divided_into_districts.png

Those labels and stats derived from 3rd party sites like this one, trying to be helpful with trends and ratio's and failing miserably daily on most shares. MM/Worlds markets label NOTHING. Just 3rd party sites like this lse (not the real one)

causing confusion.

The worlds markets offered the simple tech fix years ago to add real data at source, declined tech , chose TRADITION and their view that all printed TRADES, are both a buy and a sell. 😉

Those figures worth used toilet paper m8 (DYOR) the worlds markets do NOT label anything, so your figures are based on 100% GUESSWORK , not fact........market 101 Buy/Sell/Unknown BEST GUESSES never fact.

Shares in Issue 14,350,000,000 , a chunky buy on this confetti would be 200-300m shares and beyond , today's volume only just over 101,000,000 and probably leopards and spots, more dilution to follow. Or consolidation 100 or 1000-1 and a placing. 😲🙄

Needs to get some SOLID news out, so that raise can be done at a much, much , much, much , much higher level.🙄

Cameroon no longer going to have been in production and growing the balance sheet for S.A and Namibia funding.

yes, although lard **** is probably not at all bothered or embarrassed, by his two septembers ago finance rna message that still sits on the rns news wire, if not today, in the next few days 😲🙄

The 150 th p&d for some wonga exit, or will it break this time (long overdue news would help)

enough of the shades of Pinky and stick with the Perky

It has to recover, from priced to fail Market Cap one day, could today be that day, or this week/year 😉😂

All we can do now is wait again, icon holders use to waiting. 😉😅

the company confirms that it is in discussions regarding a potential acquisition which, should it proceed would constitute a reverse takeover under listing rule 5.6. there is currently no certainty that the transaction will proceed, and further announcements will be made in due course.

covered their ****s, with the above generic statement in the rna message over the rns news wire the other day. regulatory news announcements, have like the politicians in parliament, an asked and answered string to their bows.

he can now update , as an when he chooses while negotiations continue (authorities happy - deal in progress - await new larger company prospectus) or updates with deal off/talks concluded.

as said the other day, been in must be 50-60 full rto's , very little variance with any of them and all have suspended, the vast majority to get the deal done (weeks/months/years) then its 4-5 weeks with the authorities 2-3 weeks and 10 working days with the market (the easy bit). in effect it is completion of the last 2 stages of an ipo for the new enlarged company to return.

4-5 weeks - but only if all paperwork is in order and sails through first time. some have been granted waivers, one was on financial grounds, needed to equity raise multiple times during the deal arrangements, or deal could not be done.

copl broke the mould, continued to trade until the day deal signed, then went into suspension that day, then took 6 months to do the 4-5 week bit. its target private family business, records an absolute mess but then that was arty farty pants on fire ceo/cfo's way with all things, an incredible mess.😲🙄

That's close enough for Government work as they say Filthy

No change , big project, big deep pocketed developer needed, Boil not an oiler, want to cash in on their investment, at the first BEST opportunity (ceo presentation)

Still all on track , to sell , or JV and sell after first appraisal drill (Shell CH-2 COS 100% after drilled CH-1) Minnow remains holding 60% of a Super Major Developed (3,571 sq km v 800 sq km Boil) license.

Adjustment of the Yeo ho ho valuation of Chuditch to the company , depending on various operational status, AFTER this mass dilution, still comes out into the 1p - 2p range (was 1.7 - 3.7p) currently 0.05p 😲

Dunrobin our 2nd asset over 200mbo (66m to Boil) more than covers the current Market Cap, at about a packet of Walkers to a barrel ffs😲🙄

sp on an aqualung in the flooded price floor below the basement, only up , uP and UP, now available on news and progress...........GLALTH.

DUH opening the UK Embassy in TIMOR LESTE 🙄

(after recent London visit ffs)

Http://timor-leste.gov.tl/?p=36486&n=1&lang=pt

As posted earlier HMG opening the UK Embassy in London, after two years of chats and the recent visit of Horta to the UK

perhaps, they will support Boil/SG efforts , hey Rishi how about some BP backup , for a nice cut and offtake agreement obvs 😉😂

The perfect scenario, would be Shell who originally owned and developed Sunrise and Chuditch, return to to take their balls back.😉😂

2021 Conference valued Sunrise pre gas price boom at $65-$70 BILLION over its production cycle, making Chuditch on its lower than shells 90's mapping on a limited area by Boil worth over $40 Billion with a lot of upside (whole license shell)

If all the kinks are soon ironed out, there will be a stampede of greed, to get their hands on those future revenues.🤔

Majors and Tier1's left due to TL politics and policies, they will not return until some clarity given, THINGS HAVE CHANGED !!

Boil have been saying TALKING , since Autumn 2021 , we all know why its dragging its feet, placing fine so long as they keep things on track and get the (External) funding to drill in Q4.

If minnows Boil/SG and TG, end up going it alone with a lesser deep pocketed JV partner/funder, then the, prospect of further mass dilution still looms.

Sunrise/Beaco Gas/LNG Export fac's decision imminent, Metinaro Gas/LNG Imports fac's FID imminent, all should start to fall into place (so long as some AGREED decision actually made this time)

If so, we can expect those , talks since Autumn 2021 to develop into an agreement also, said for 4 years, nothing happens here until local change and politics sorted........

All indications are, AT LAST, every day is a day closer for our snail paced , crawling Caterpillar , to transform into an exotic Butterfly, winging its way , to a big BLUE SKY breakout......... GLALTH 😉

Time for that TL Oil and Gas Garden to start GROWING something from all these seed funders.🙄

😂🤣😂 guessing Horta in Portuguese is GARDEN (Prev post) article only currently available in Portuguese, translation oops.

The Minister further explained that “the reopening of a permanent UK presence in Dili will mark the next stage in our closer bilateral relations, building on the intensification of our engagement over the last two years, including the recent visit of President Ramos- Garden to the United Kingdom, in January”. 🤔😲🤑

Are HMG , about to bring us from bubbling to the boil 😉

Http://timor-leste.gov.tl/?p=36486&n=1&lang=pt

During the meeting, the Head of Government and the United Kingdom Minister discussed strategies to strengthen the bilateral partnership, particularly in preparing Timor-Leste for membership in the Association of Southeast Asian Nations (ASEAN), as well as in economic development🤔

Can only move on at Boils traditional snails pace, until politics resolved , or deep pockets arrive to JV or send us packing with a very large Godfather offer. 🙄😅

By default , our minnow holds 60% of a Super Majors license, they mapped the full 3,571 sq km license at over 5 tcf, with a lot of upside leads, Boil have only played snails pace catch up on 800 sq km.

IF it all goes to plan, when drilled and sold or sold pre drill, it will be for BIG numbers, next door Sunrise also previously held by shell, at 2021 conference pre gas price boom, was valued at $60-$70 BILLION over an expected 30 year production profile

56% of that 5 tcf, moved on to TL via a loan for Timor Gap 2018/19 for us $650m, so shell figs for Chuditch 90's as big as Sunrise, or Boil/SG snail paced catch up to 3.5 tcf for partial 800sq km (v 3,751 sq km)

It still makes Chuditch worth around $40 Billion with upside to a developer, over its potential life cycle. 🤔

Even the latest kick in the ⚽⚾⚽⚽🏀🔐🔏🔓🔒's for lth's , ,mega dilution confetti, still converts to CEO's RIGHT PRICE as 1p - 2p (ceo presentation 1.7 - 3.7p Chuditch to the company per share , subject to various operational factors.

Throw in 66mbo to Boil at Dunrobin and its only going to be big money, on sale, be that before or after the appraisal for Chuditch production drill Q4 this year, Boil , less than zero interest in production (ceo).

Minnow holding 2 very nice assets for JV/Sale...... 😉

Nope, probably looking to at last clarify things, a lot of the Industry departed and little/nothing developed as in the case of oil and gas, all was handcuffed to come to the Island and had some horrendous license and tax rates.

The last PM Rauk , set the ball rolling with large cuts to those old Gusmao rates, so as to encourage investors into the 2 1/2 year bid round , if failed miserably as only 9 bids on 7 of 18 licenses (same period Nigeria 1,600 bids on 58 licenses)

failed to address the clarity needed on when is a psc a psc , Shell others had them and had both Darwin and FLNG givena big fat NO.

All indications are now , they are desperate to get things moving along and encourage the Majors/Tier1's to return, have often said, do not want more of the likes of us, advance (now bce) and carnathens (asx) . Crave the return of the upper industry , that can fast track and thrown down FFD 20+ wells quickly. Not minnows with drill here and another sometime whenever......... 🙄