He added that the company will not produce shale gas. "There is a potential for shale gas in Georgia, where we operate, but we do not extract it. We are not interested in the extraction of shale gas, "Zaza Mamulaishvili added. According to him, gas deposits discovered in Georgia will last for 150 years. "I would be happy to announce the same about Moldova in a few years," the head of the American company stressed.
MP, your observation is correct.... I found some money down the back of the sofa for a last top-up purchase at 12.09 for 1,268,922 shares, and it's showing as a sell.
For sure, the next couple of weeks will be very significant for FRR. I see that the Georgian Energy Minister KK is down as one of many speakers at the Caspian Energy Conference on April 12th, and the agenda at 1130-1300 is announcing new oil and gas exploration developments in Georgia. Hopefully this will include Block 12 as well as the recently announced JV in Block 8. Maybe this is what ZM was briefing KK on at the recent meeting. I'm certainly holding and buying more when i can!
The Full video doesn't seem to be up at the moment. That particular camera man i believe had issues. they submitted 30secs and then missed out like half before the other video available. I imagine i will be available over the weekend though. I will post when i find it.
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