Hopefully we will see the sp start to up trend after fridays news! Will be interesting to see how the market opens monday with many pis transfering into isa! Id like to think we shall see as assault on 1p in the coming weeks!!
First time i've heard about this .. " Frontera Resources Corporation has invested around $30 million in the past two years to explore six deposits, the first of which, the Taribani field came on stream in March 2000. Drilling of the next three wells at Taribani is likely to require additional investment of US$70-80 million. Frontera also plans to start drilling at the neighbouring Mirzaani and patara Shiraki fields.
Lasmo and Shell Capital (UK) are also involved in developing Taribani field. They have already invested 7$ million and planning to invest another 20$ miillion more. Odd.. It seems like old news but has GIOGIE 2014 heading it..Lasmo & Shell Capital (UK) ?
I will hope that the next RNS states quite clearly that gas production has commenced not into the 14km transportation system, but into the Georgian gas network..That to me is the true meaning of Production and the turning and earning point we need..
We could do with a RNS update in 2 weeks - month regarding how much gas has been collected and stored and also how much that amount is in $$$ at todays prices, this would really set the share price flying !!
I understand how all of us are confused by the RNS BUT no matter what interpretation of it , the share price will rise the nearer we get to june and I wont be surprised if the share price is 1.5p by june . SO TOP UP NOW WHILE YOU CAN !!
My understanding is that the RNS on Friday was rushed out following pressure from certain PIs to clarify the situation concerning the Mtsere Khevi gas project.
A further RNS from SN giving full comprehensive updates on Block 12 progress should appear next week! I don't know where it's got the idea from. But if it is correct. Should make a difference next Week. We shall wait in anticipation.
Let's hope we are mentioned in lots of places after Tuesday and fir a long time to come. I'm still a little ****ed at the share price on Friday but not surprised. Lots to come!!! Of that I am now absolutely certain. Happy, happy weekend people. ATB
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