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Bettano will progress , regardless of Sunrise, already exists, plan just to refurbish and increase capacity, we also know that Timor Resources (oz) and TG, have called 2 of the 5 Oil drills onshore , Discoveries, with a 3rd marginal. So Oil will be flowing asap to fill the rapidly emptying coffers. Apart from a few drained Oil seeps onshore, Bettano has been pretty much idle since Kitan was drained by ENI?

Australia in fear of China , have said will support TL this time, Woodside still 50/50 will new studies with a bias towards TL plan etc, so should be a done deal this time but been so many false starts, until its in a decree law or Woodside RNA, we can not be 100% sure, I am hovering around 95% 😉😂

So again confusion by TL statement, same as the one about 2-3 months ago, when appeared all scrapped and all now to Natarbora, as said he made similar before and what followed , made it total ball locks, wait and see what comes dripping from their lips next BUT probably same as back then, its talking the other half of G.S Troubadour, who's natural home would be Bettano (Natarbora) ????? 🤔

Filthy, its a very good sign but nothing to do with Gas, Nararbora is near Bettano central South coast, I say very good news as , Greater Sunrise is Sunrise Gas and Troubadour 240mb Condensate, the condensate would naturally go to the Oil refinery, so even more ploughing ahead, for Troubadour to go to Bettano (Natarbora).

He made a statement a while ago, that confused the hell, it would appear to be scrapping Beaco, all going to Natarbora but since all Sunrise details have remained the same , South East coast Gas/LNG Exports fac' s and the Metinaro Gas/LNG Imports fac and 90 day tank farm , on the North Coast , just East of the Capital Dili.

Looks like same mistake, indicating all going to Natabora, when that is where their refinery already exists for Oil and Condensate, under the overall project Tasi Mane (Male Sea) Beaco was to be built and Bettano upgraded and extended.

Positive they are now talking about Troubadour (G.S) production as well as Sunrise/HUB to Beaco , either will do us, Beaco to be built or Metinaro FID (Overdue was set for end of 2023) Surveys done (Ended Oct 2023) TG and partners have been doing FEED ever since, recently got a whisper (unconfirmed) that has been completed and passed upstairs, to the Ministry of Planning and Infrastructure.

Which pre Gusmao Friday visit to China, the Tuesday Cabinet that week signed off on an MOU, between the TL Ministry of P & I and the Chinese overseas development Ministry, the head of China Gas, has since also made a visit to the Island.

Another piece in the puzzle slotting in ..........just need our verbal/sign off permit or Beaco/Other confirmed as being built, giving Chuditch a home to go to, they will accept.

Said many times, Metinaro and Chuditch dots join nicely together, with a BIGGER partner and would be in TL's interests, so would not be backing down, allowing something before Beaco , their dream .........GLALTH.

How is MC far more important than sp, its simple it shows the progress or lack of it over time, if mc has risen a lot and sp fallen, carp🤡💩 performance by the bod, as probably means, multiple dilutions or death spiral bucket shop wonga finance in place, confetti on speed dial.

Lots of various scenario's but at the end of the day , if your MC is not rising, the company is doing 🐩💩 performance.

Progress should meet , new MC highs, which may never be close to old sp highs

Repeat Tower MC , still only stands at £2.65m, with Cameroon the small fish by Oil volumes, South Africa much much bigger and Namibia makes that look small, potential, potential , potential.

MC in the flooded basement breathing with a snorkel, Diver JB will be rising to the Penthouse, when he gets one moving, 2 and handbrake broken, 3 and pence , not fractions beckon for lth's........🤔😉

mc = market capital/value, which is the only thing that counts on any share, sp for now traders, mc tells the truth, old sp's worth used toilet paper, also have to be diluted, with every placing.

a company may have been 5p in the past but its mc only £1m, 20p and £1m mc.

achievable mc , divided by now share base in issue = potential sp

so on success, with cameroon (small fry v namib/sa assets) do you think tower worth £25m , £50m or more ?🤔

shares in issue 12.91b

market capitalisation £2.65m

so, we know more dilution very likely but as it stands , on drill appraisal to production, not wildcat, the small calculator, still has 10 bags on the current mc , very conservative and very achievable.

now consider many a rainbow chasing aim share, that on the prospect of finding something to flow, not go to production, have roared to mc's of £250-£500m, which is another 10 and 20 bags, on top of the earlier conservative figure and you start to see the potential, for our long suffering prices to fail share, to have a serious bounce and re rate, once ja gets the lead out of his lard **** and makes it 3/3......😉😂 glalth.

expired license restored✅

rig slot booked (wide) ✅

finance closed 😋

Off the ball as usual , now have 2/3 elements back in place, expired license returned/extended, rig slot (wide) booked, only the 3rd of those elements now has any bearing, the FINANCE, without which, no drill will occur. 🤔

JA said 18 or more months ago in an rns, if not today then in the next few days, license then expired, all back in play, so if he was not telling porkies, the imminent (way back then) sign off with the bank , should now follow quickly, if it does the rest will also quickly fall into place and after 4 years, a FIRM rig slot will happen.😲🤗🤑🤑🤑 GLALTH

Ignore wrong board sorry 😂

Off the ball as usual , now have 2/3 elements back in place, expired license returned/extended, rig slot (wide) booked, only the 3rd of those elements now has any bearing, the FINANCE, without which, no drill will occur. 🤔

JA said 18 or more months ago in an rns, if not today then in the next few days, license then expired, all back in play, so if he was not telling porkies, the imminent (way back then) sign off with the bank , should now follow quickly, if it does the rest will also quickly fall into place and after 4 years, a FIRM rig slot will happen.😲🤗🤑🤑🤑 GLALTH

Tshipi produced a maximum of 3.7 Mtpa. Tshipi sells its ore through three competing marketers

Https://www.jupitermines.com/cproot/97/3/jupiter---eekaasaeth.pdf

First one 55m and they got bigger and bigger as the price of Manganese crossed well over 4 and costs sub 2

You must have been late to the party, Jupiter would have been a lot more than $2m a year, having given the family silver away , holding on to 28% if I recall, then frittering it away to a few % when still got one divi of $750k of the two given out most years by Jupiter, several of its overall dividend $150-$200m in total over its golden years, what price numb nuts sitting on his hands instead of many a prudent carp deal, rainbow chasing and giving the rest of his once crown jewels away, chased more than some of the poor 7am news punters on these boards.

Lth , knew it would be just another spike, same for 4 years and will remain so until local's resolve long standing issues. The day they do, not a multi bag BUT a MEGA multibagger in play, Sunrise on woodsides books at $0.00c valued pre gas price boom at $65-75 Billion over its production life.

Makes Chuditch worth $40-$50 Billion with upside to someone..........when the area opens up. 🤔😲🤑🤑🤑🤑🤑

Sundagas developed and trained (2016 - and still do) the locals and its industry, rewarded with the NON TENDER award of Chuditch as part of the showcase launch of its own bid round.

Could do worse than reward SG again with another Showcase of Chuditch , with a bonus ball, of Metinaro FID (LATE was due end of 2023) and a planned offtake agreement, its not going to be Sunrise, if they want Domestic supply sorted by 2025/26, latest Island comments now saying Beaco/Sunrise by 2031, vice most recent tenders of by 2030.......GLALTH

Could come any time , last Feb Woodside did a massive U turn, saying they would look again and do new studies, then we get the TL give permission for new studies late last year, when expecting Woodside to be close to producing them, Gusmao just before Christmas said, not expecting anything now until Spring/Summer for that particular issue.

As said , we must be in pole position (what else do they have) for their second project Gas/LNG Imports fac's at Metinaro near the Capital Dili, domestic supply and 90 day tank farm (due to pandemics, tropical storms, power cuts and costly unreliable deliveries of diesel) all 3 power stations on the Island to be converted to gas (Parliament by 2025/26)

Open things up with Sundagas FPSO and with a much bigger player, that deadline can be easily met, drilling Chuditch late on this year ( JV or SOLD 100%) Boil an investor in assets , not an oiler, no interest in production whatsoever (ceo presentation spring 2023) As he stated at the RIGHT PRICE, both Dunrobin and Chuditch FOR SALE as well as JV, drill then sell on.......rinse repeat new portfolio of assets........GLALTH.

Hearing, the herd have heard, the Easter Bunny is to go JV with Santa this year and promoting a 2 for 1 sale, still not a patch on this bod and their annual you buy one , you get 2 free share awards.

Until its printed in the RNA Message, originated/relayed over the rns newswire, its as real as above but history shows, unlike the good book, it still does not always come to pass. 😉😂

B.E. has over a decade of taking things to the wire and beyond, if at all, with an expected news update and after all last Monday , said meeting the following day and would update, next week, which sadly ends on FRIDAY......😉😂

Dvh, not wrong, full of sad GUESSING , hoping to go Told you so, when one lands close to a throw it out there punt.😉😂

A clear YES to other options, until Beaco built

Increased funding support to TImor Gap NOC (NO money of its own) to progress Gas, Chuditch OTHERS, have given for smaller scale onshore Oil recently (Bettano)

Sunrise resolved

China CNOOC move in or Majors/Tier return (santos/eni/woodside never left dev nothing)

Metinaro FID goes ahead and Chudtich gets the offtake supply agreement

Catalysts for a Mega Multibagger re rate , not just another spike.........GLALTH

Back to bed for more zzzzzzzzzzzzzz's later

As said why has nothing else been developed under their tenure, Sunrise was 50/50 , then to try to get it moving Australia offered 70/30 or 80/20 both in favour of TL, the rep for TL, came straight out of the meeting and shouted loud and proud, we now have 80% and Sunrise is coming to the Island ASAP..........

Everything else in the TL Timor Sea waters, is 100% TL, again why has none of that been developed over the past 23 years, as said many times , PM/President now , PM's in the past that used the NO to Majors 2002/2008, so they left.

In recent years, even stated, do not want more , Barons, Advance, Carnarthen's (minnows) they want the Majors back for rapid multi well FFD, not a well here and another , well when they can afford it routine.

They broke it, only they can FIX IT................GLALTH.