first to 2p FRR.......REM.....or UKOG.. first to 5p FRR......REM......or UKOG first to 10p FRR......REM......or UKOG answers on a postcard or even here My guess first to 2p UKOG first to 5p UKOG first to 10p FRR reasoning UKOG close to breaking ground has DL on BOD .so should hit 2p soon and if and big if .. get oil and or gas shows well .. should get 5p . 10p is a little stretch for them so the race is between REM and FRR so far REM are better with news and have DL on BOD have a commercial product and factory to be built 2 year time frame supposedly !!! we have shed loads of oil and gas J V deals in the pipeline well we all know what FRR have but what we need is publicity bla bla bla could go on about SN and the tactics we are using but I have to admit I haven't got the foggiest idea what his strategy is ,simple game for any takers first to 2p.5p.10p and why ... comical answers most acceptable as this is a bank holiday my home team is at Wembley Saturday and it isn't thr Rhinos .. to all fellow FRRs have a great B Holl ..great posts recently and enjoyed the nobul v everyone else tete Te tete ,,,, I understand his frustration and concern but hope to any God ( if there is one) that he is wrong ....
I've picked up a couple of reports that i didn't know about regarding Frontera's 5 year exploration extension..I didn't know that "inserted" into this 5 year extension was a condition .. clipped below... "Oil and Gas Corporation, "Frontera," a 25-year license since 1997. The company has a 5-year contract extension to the case, if it is an ore mining potential. The corporation said that "pronteram" license in 1997 from the state for free, because the law was not "oil and gas" and the decision of the government was awarding licenses for mineral extraction. "The contract for payment by nothing is said. 25th year is added to 5 years. Such a condition is inserted in the agreement. Today that" Frontera "pays, it's natural resources mosakrebelia- 1 Ton 21 USD. November 2012 until 2017 that the state belongs to the obtained products 10 percent., 2017, to 2019 will be approximately 20%, "- said the orporatsia"...21 USD per ton is around 3 USD per barrel payment to the Georgian Government..and also the states share of "obtained products" is currently running at 10%...Does this mean that the states 51% share of hydrocarbon revenue has been replaced by this 10 then 20% share ?.. And what about our $400 million investment up to now?.. I was under the impression that we clawed that back before then going 51%/49% with the Georgians..Thoughts ? http://www.netgazeti.ge/GE/105/business/33018/ Should be top hit and translate page
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