In all honesty. I must admit I am a bit bitter. With the going on in the last few years. He probably had no options left in the end. As in the meagre priced placing. But I would be rather more annoyed. If he has a quite a few wells locked in with flow rates behind them. Which I strongly suggest he has. All in the benefit of a better CPR. Hoping we get good production rates by the year end. As forecasted. Not holding My breath though.
Zeps let's see what happens and give him a chance! It's in none of our interest for this to implode no matter how difficult this has been. He really is in the last chance saloon this Texan and this could yet turn out to be one of the great sagas on aim. That's what I'm hoping for anyway. Very odd goings on since June for sure.
Well if the shares sold in the last couple of days iare another placement. Already sold, FINE. If communication is going to be up to date and more honest, FINE. Let's have some honest production figures. Be good or bad, that will also be FINE? But a leopard changing his spots. I still don't trust trust that SN one little bit. I hope the barsteward proves me wrong.
Well it looks to me like most if not all of the next drawdown on the SEDA has been presold, and thus put a bottom under the share price, hence both bid and ask moving up this afternoon. A RNS tomorrow would confirm that.
On a separate note I have had some feedback from Abchuch following the submission of FoFs questions and it seems that the conference call is not intended to be a one off., but the start of a series of interactions with investors.
Application of natural gas companies in order to prepare an annual forecast balance by providing information about the Natural gas market in accordance with Article 13 of the rules of natural gas forecast balance for the preparation of data should be the Ministry of Energy and / or JSC "Georgian Oil and Gas Corporation" on October 25. Come on Bugsy can you dig us sometjing out k?
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