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To the Lovely lady Mapp,
You seem to be caught in a trap?
Please don’t cry….I have told you no lie
I believe still…that good guys are here
That one day we will all meet for a beer?
My thoughts on you are from the heart
You are not dumb….but smart!
Yet like others on here, you have negative in your life
Use positive thoughts to drag you out of the strife
Keep the faith holders, as it’s not over yet
We all rolled our dice….. it’s called a bet!
Our leader Steve, is very shrewd man
That’s why my faith is he very much can🙏
Be able to pull this rabbit clean out of a hat
Then holders will see our leaders’s not a 🐀
All things bright and beautiful, all companies great and small… just like ours?
Looed, good to know you are keeping an eye.
So do I but most have filtered Mapp.
Expected to quietly leave and shut up.
Hackers think I am a very dim guy
AIM turns many good guys into fry.
Fraudsters are ruthless and lie.
Without good bye.
Thanks toatie hope you had a good holiday.
Hi mate just back from holidays nice to see you back posting again cheers toatie.
"Well played sir ;)". 🤣🤣🤣
At least you haven't lost your sense of humour!
Well played sir ;)
Cymro: well done for finding this and thanks for sharing.
My immediate thought was the same as Cazbraz's, as unless this was written in the last month it gives us nothing we don't already know.
The potential funding source was supposed to be accessible by the end of April. If it has materialised then hopefully discussions are on-going to agree a new licence for us. The current silence is deafening and we have no idea whether that means the liquidation is just progressing or if it's a positive. The timing of the political turmoil couldn't have been worse sadly.
I just wanted to woo you in from the cold. :)
The first sentence of the report should tell you how out of date and out of touch it is. If you read the company info section I think it's AI generated payable clickbait picked from other marketing sites.
Https://www.offshore-technology.com/marketdata/oil-gas-field-profile-mtsare-khevi-conventional-gas-field-georgia/?cf-view
One field - suggests we hit peak in 2014 not sure that's accurate.
Updated February 18, 2024
Oil & gas field profile: Mtsare Khevi Conventional Gas Field, Georgia
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Mtsare Khevi is a producing conventional gas field located onshore Georgia and is operated by Frontera Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block XII. Buy the profile here.
Cymru
Excellent bit of info.
Nice find Cymru, I see this as a positive too. Be nice if our pal Looed has any thing to add.
Nice find Cymro1864 👍
Many thanks Cymro1864, now that is a positive in eyes.
GLA real holders
Great find Cymro and thanks for sharing. I've looked to see if I can see a more precise date rather than just 2024, but that's all I can find. (I was hoping the month might have been written somewhere so we could see if it was pre or post the license end date we now know of thanks to the creditors report). A document of over 500 pages would have taken a while to draw up, so I guess we'll just have to carry on waiting and watching. Thanks again. 😌
Thanks cymro, interesting snippet. So, the Block can return to FRR under certain conditions. So, what could these be? Let me guess: 1) Repay the Tribunal Costs (at c.$5.6m); 2) Show a fully funded drilling program and 3) Insolvency cleared. On the finance facility, this may be conditional on the renewed PSA and a company with no event of default or any pending legal cases. But so many intricacies and inter-dependencies. Who knows whether SN is going to be able to get this through in what appears to be like an ‘eye of the needle’?
Page 414 - quick mention of Frontera.
“Currently, the state is working on block XII with the full authority of the investor. Under certain conditions, the block may be transferred to Frontera Resources US “
https://erekle.uk/teimuraz-gochitashvili/oil-and-gas-production-transportation-processing-and-use/full-text.pdf
Now I am old and wise
I ask my broker why am I broke?
He had an answer which is the truth
Some win and most do lose. Que sera, sera, etc.
In memory AIM, promoted as IHT investment
to the elderly expected to suffer in silence or
drop dead.
I have never felt more fighting fit.
Keep smiling.
All kicking off in Tbilisi now. Looks like Carlisle on a Saturday night. Good luck to them. They are fighting for freedom. They've had enough of Russia.
Just think if we had gone with tech 12 years ago instead of having the o&g dream lol
I can't remember where I read it, but a recent article on the protests about the Russian Law, stated that in a recent poll 89% of Georgians want to join the EU. If I remember rightly it was about 30% lower around the last election. IMHO BI's sudden honesty regarding his and the Georgian Dream's position regarding Russia, and no longer pretending to seek EU membership, smacks of desperation. The people will need to keep up the pressure until the election. The one plus this time is that the election is before the Trump/Biden election. Last time they were at the same time and the EU and Uncle Sam took their eye off the ball.
Guys - at this stage, it hardly matters who’s who and what’s been said in the past. Ultimately this is out of our hands. What will be, will be. We just have to be patient and hope the gods are being generous. I wish I’d never heard of Frontera (and like Mapp, I wish I’d never heard of Aim either), but there you go. Let’s just hope that events out of sight eventually go our way. We can’t have long to wait now. So please, no more mud slinging, let’s just wait patiently to find out if we are moderately rich, or ridiculously poor.
Wrong NamesJ, just because I use a word for a human being , a pretty bloody nasty one at that , doesn’t make me RR, like I have said, just an average Joe here, not a trader and I come in peace. If you are a real holder who only wants success with our company, then I wish you all the best, I hold hope on our leader pulling this off successfully and that my £16k of hard earned family savings will yet come good along with all real holders. I have not and will not change my view that our leader fights for us.
Time tells all tales folks
Makes it even more sure that we're utterly fked, the already minute chances of us getting money back depend on Georgia being more Western-oriented. Not much chance of that to say the least.