the rns before said that gas was being delivered at a PLANNED rate of 2 million cubic metres of gas , as per usual FRR have not confimed at what rate the gas is going through the pipes and could again be leading us up the garden path as they have done continually in the past . what if we are only getting 500,000 cubic metras of gas through the pipeline ??? as usual FRR wont confirm at what rate the gas is going through , there was also a unconfirmed report that gas production had stopped and no subsequent rns to either deny this or let us know if this was the case , my own view is that we are probably getting gas delivered through the pipeline but not at the rate they lead us to believe as usual no replies to emails and no confirmation of gas flow rate as usual FRR BOD are so frustrating , i would like to see confirmation of gas flow rate for eg if a rns comes out saying gas folw rate is only 500,000 cubic metres per day the SP i believe would drop and we will again be disappointed by an inept management that gives NO information ! they also i believe said that they would include gas flow figures in the survey figures that they are doing at start of Q4 typical of FRR hiding the truth, we need a more transparent management i would sack 90% of them and replace their bonus with performance based on the SP over a year of it rising 40% per year and if they dont achieve it , ITS SIMPLE BOD DONT GET A BONUS ! saying all that we are slowly moving forward and there is at least hope this time !
To be fair mate, we all want this to go north and our patience deserves it but your constant posts that a 'tick up' is due soon or this is ready to explode north, which never happens is also misleading! Don't get me wrong, like most on here we believe in this share and that it will pay dividends but we have been here long enough to know that a drift down to .7 or lower in the short term is as likely as a push north and I re-emphasise (short term). GLA
I've no doubt that there may be delays as is the norm in oil and gas exploration companies BUT I don't believe we have any "bad" news in the pipeline to be let down.
Once we get Phase 1 underway we should get regular updates with timelines etc. We all know what to expect with FRR and deadlines so no one will expect them to break from form. IF they do, it can only be seen as a positive!!!
I'm going for 0.9 by Friday IF the volume picks up ;)
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