It looks like that a coalition of CNRT, ASDT/PSD and PD may have been successfully formed. This coalition has more than 50% of the seats in parliament and therefore can pass legislation.
Fretilin have claimed that as the party with the most votes, they are entitled to receive the first invitation from the president to form a government. They have said they have 60 days (or was it 90 ?) to act on this. It is unclear if a signed agreement from the coalition takes precedence over the 60 days.
Jose Teixeira from Fretilin (via Radio OZ) has said that the constitution permits Fretilin to form a minority government. He makes a clear distinction between a pre-election coalition and post-election coalition, basically asserting that a post-election coalition has no other additional rights apart from the ability to vote on a majority basis. I am not sure just how a minority government can get any legislation passed. I understand that if the budget is rejected twice, then the president has grounds to dissolve parliament and call for fresh elections.
So on the one hand, it is possible that once the final elections results have been released within the next week, that a coalition could be invited to form a government. On the other hand, it could take 2 months before Fretilin finally concede that they can not form a majority government. They could go for the minority government option which may eventually lead to a fresh election.
Take your pick or anything in between.