1. FORMATION OF A SIGNIFICANT TROPICAL CYCLONE IS POSSIBLE WITHIN150 NM EITHER SIDE OF A LINE FROM 8.8S 97.7E TO 9.7S 92.2E WITHINTHE NEXT 12 TO 24 HOURS. AVAILABLE DATA DOES NOT JUSTIFY ISSUANCEOF NUMBERED TROPICAL CYCLONE WARNINGS AT THIS TIME. WINDS IN THEAREA ARE ESTIMATED TO BE 28 TO 32 KNOTS. METSAT IMAGERY AT110130Z INDICATES THAT A CIRCULATION CENTER IS LOCATED NEAR 9.1S97.1E. THE SYSTEM IS MOVING SOUTHWESTWARD AT 09 KNOTS.2. REMARKS: THE AREA OF CONVECTION PREVIOUSLY LOCATED NEAR 8.9S 97.4E, IS NOW LOCATED NEAR 9.1S 97.1E, APPROXIMATELY 180 NM NORTH OF COCOS ISLAND. THE FIRST FEW FRAMES OF ANIMATED MULTISPECTRAL SATELLITE IMAGERY DEPICT IMPROVING CURVED BANDING WRAPPING INTO A WELL DEFINED LOW LEVEL CIRCULATION CENTER WITH DEEPENING CENTRAL CONVECTION. AN 110057Z SSMIS 91 GHZ IMAGE DEPICTS THE TIGHTLY CURVED BANDING AND BUILDING CONVECTION AROUND THE WESTERN SEMI-CIRCLE. THE MOST RECENT PGTW FIX INTENSITY ESTIMATE IS 30 KNOTS, AND THE GFS MODEL IS INDICATING DEVELOPMENT OF A TROPICAL CYCLONE WITHIN 24 HOURS. UPPER-LEVEL ANALYSIS INDICATES A FAVORABLE ENVIRONMENT WITH LOW TO MODERATE VERTICAL WIND SHEAR AND GOOD POLEWARD OUTFLOW, ENHANCED BY A MIDLATITUDE SHORTWAVE TROUGH. MAXIMUM SUSTAINED SURFACE WINDS ARE ESTIMATED AT 28 TO 32 KNOTS. MINIMUM SEA LEVEL PRESSURE IS ESTIMATED TO BE NEAR 1000 MB.