Meat on the bones. We are all waiting for production figures and verang, granted. But another field the size of mk - remember who does their internal estimates. Second rig starting in January. That is meat. Want more? Well Who's paying for this second rig, well the paltry share dilution that's left won't cut it. Must be from production. Cpr was always meant to be started on q4 so they are bang on with that. As for the other farm outs from my experience (4 years full on now, not a lot but not insignificant) more than half fall through. I never had much invested on the other farm outs. So, signs are production is up and ongoing work to increase them rapidly. Cpr delivery time line . verang time line. Cpr to include taribani gas field. Good news to me. Presentation will hopefully include more meat as you say. Still a crackin rns
The latest RNS seems to be not everybody's cup of tea..I remember the old RNS's where we were constantly waiting for pipeline installation permits and not much else..I remember when the RNS's never contained a by-word from SN. a lot of water under the bridge since then, And hopefully a lot of gas through the pipes.. Now SN is back adding his views to the RNS's again... Not only that he seems to be bristling with confidence and excitement.. Good enough for me to keep invested here, and positively so..Feet up now..G'dnight all :-)
I've had the mother of all rows with my Brokers, Equiniti. Basically they say that as I just have a nominee account with them, it's not up to them to inform me of anything going on with the Company, like AGM's, EGM's etc. It's up to me to keep abreast of the news and inform them of my wishes, where proxy votes are concerned.
I asked them where was my letter that FRR must have sent to them? They just said "don't know. We don't receive them".
Even writing and talking to Equiniti on the phone, they've given me two lots of bum advice. So they don't even know the crack, and they're supposed to be the kin experts.
When I spoke to the yesterday, I requested I place my proxy vote verbally over the phone and they relay that for me. I was told this wasn't possible and that they must issue me with a proxy vote form. Today Equinit rang me to tell me this advice was wrong, and that I could vote over the phone.
Evening All, I have not received any correspondence at all re the vote at the AGM which I find somewhat strange. I use a Halifax sharebuilder account. Has anybody had the same? Also, who do people recommend to use a broker as I am thinking about changing? Thanks.
I understand your comments regards this being 'forced' and pushing back dates but, timelines have been given now, and if they are exceeded then your right to demonstrate this.
Please excuse my naivety. I'm relatively new to FRR so I don't know whether they've previously reported dates for these drills.
For me; the Rns was detailed and concise;
- well #34 production expected to be 700+mcf - well #37 begins in January - a second rig will enhance current gas productions from Jan - Q1 for the CPR of the MK field - Q1 for Varang farm out - Q1 work over on 4 wells in Taribani - Q1 6-wells to be repaired to ramp Oil production - Q1 Taribani CPR of the gas assessments
Agreed, there are no timelines with the wells in Mirzanni and Basin Edge but, the Bod have shown Q1 is full of potential with drills / production / cost savings and work overs.
If they miss these deadlines then I'll be just as skeptical as you appear however, with all that they say is going on, I wouldn't want to be out of this during Q1.......
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