These are my thoughts so might be wrong might be right, the lack of news is not a surprise IMHO there are the usual stories of the Ruskies cutting off gas in the next month there is nothing new, there is talk of closer ties to Azerbaijan for gas supplies but they have a repressive regime and I don't think that sits well with the west blah blah blah and yet no news on the massive resource that we sit on that could solve all the problems...
My thinking as to why?
What is coming up at the end of March the Georgia Oil and gas conference, to me the news will feed in to tie up with this to give the blockbuster feel, there was the rumours a while back about FRR / SN speaking or something at the conference so why drop the information a month before hand as it may give our cold war friends some ideas, drop it when all in sundry is in the room or just before hand. Get the attention, get the investment in Georgia and then you are in the box seat. From our investigative poster bugsy (his opinion only :) ) that the west have had fingers in this pie for a long time and were waiting for the right moment to unleash this beast and now as Russia is on its knees economically, politically friendly government in place and in conjunction with the oil price drop has stopped exploration and many players have cut new frontier wild cat drills to free a potential hole in the market. All of this coincides with our fields being surveyed and filled ready to pop. Call me a conspiracist but seems like this has almost been manufactured!! (IMHO)
SN is a nightmare for a PI and the information that he gives us I agree biggest pain in the @ss going, we are here to make money but so is he.. he has put money where his mouth is and so have some II that converted equity. SN seems like a shrewd enough character and is not here to be the also ran I think he wants his legacy to be the development of Georgia energy supply and to be held in line with the Russian oligarchs and the oil families of the good old US of A. To be honest this is still to be proved and I think that it more then likely then not..
So the whole point of this waffling post is that I can't see any news for the next 2 weeks then a glut of information that leads to a lot of us buying shiney new auto mobiles and some Cuban fat ones... if not we all better fly to Houston and get our pitch folks and burning torches and chase him out of town...
As someone wrote in the past in regards a "black swan event", my thinking is it may just be around the corner!!
This was 1.00p with the thought of the pipeline and infrastructor being built. Now built and production in place and being increased with engineering work to increase capacity, complete. Still below1.00p. Illogical , uncomprehendable, unbelievable.
Well i dont have to tell u on what grounds, do I... You know all the grounds, lol
Its IMO, they'll raise the price to make it expensive for new investors and everybody knows whats coming and its surely in next month..... And I am not even talking about CPR.... Niko drill is big enough to take it above 2-3p and as I remembet TOT mentikned that in his conversation with Liz he was certain that drill will commence in q1, if it has not already started
It should have never dropped below 1p Too many variables to be out of it IMO
Come on, it should never have fallen below 1p so today is as good as any for it to get back there - and 1p is just the beginning. Under starters orders now so you better get your T whatevers on pdq imo ;)
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