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Well said Simon
Zib: yep looks like Bluevista is then... by a street mile.
Got to say TSb that I've been enjoying your posts this week they have been funny lol..
Bluevista is the sheriff. Over 200 million.
who the hell does this simon think he is lol
what a looney
“ i wont stop posting on a board im telling you is finished until all you do” “and if you try to stop me im telling me mam”
its turning insane on here
LCBK: you are not the sheriff... nowhere near mate!
You might be one of the deputies ...
Sigh... regardless if this is realised into a monetry value some day. Our shares still exist in a private firm and this is the platform we wish to make communication to each other on. Few members on this board are even paid members, in that case they probably have more right than us free members for a start. We choose to deplete our energy reserves on this chat board, please can your reframe from insulting good people and take a real look at yourself and think. Do I really want to be that guy...
Close the door again on the way out Simon
Sorry about the typos - but the Rubel is a pile of rubble (predative text on my mobile).
I like the 3.7bln claim against state.
Simon you baby
Well some interesting take on todays event.
First I must say I have no idea what this means but looking back over it may give some indication.
GG seems not to be playing as expected by those whishing to open up the country to the West. Russia would not like what is happening in their back yard so interference is to expected. We are potentially talking tremendous regional energy based influence and not to mention big money. Add to this a ready made path to market (BP pipeline) will look like an attractive prospect to those who like to poke their finger in the pie.
So Russia and those that support them in Georgia would look for any reason to land grab but will try and do it legally and not just throw a US Gov. backed company off their block (although I believe they could). Arbitration is supposed to be independent but with so much at stake.....
So we now see why the majors have held back (block ownership and Russia in the background) and with so much at stake could explain the tight lipped approach.
The tone of the letter from the senator to me can be read one way is that diplomacy is not going well so the Trump factor of throwing the kitchen sink at the potential problem. Pool old FRR are the middle of this but I’m unsure if the rubble or the dollar will win out – the people are looking west the politician are looking at Putin and the potential riches that the friends of Russia seem to acquire.
I agree that it would be a stretch to link Hope to the Russians (but they have history) as the Arbitrations is key to the final ownership of the block. A fact that would work against Hopes aspirations.
What will be the outcome
GG wants 99% and it looks like FRR proposed 50% if previous finding are an indication. Or around these figures (5% in the liquidated company will revert to GG).
However, it is a positive that the US are openly backing FRR plus Exxon have finished their review of Georgia and two offshore blocks are up for grabs. I will also add into the mix is that Russia do not have the expertise of BP or Exxon to develop such a complex fields (B12 and offshore) they will be reliant on Western knowhow and technology. Those at the top know this.
I have said this was always political and the outcome will decide FRR future and not Texas/Cali.
The 3.5Bil CC treat could be the deciding factor to how this plays out and I hold no hope to regaining any sunk costs as this is baked into the core of the LtO franchisee – expenditure is at the prospectors risk. FRR are alive but god knows how so I remain on the positive side.
I do not intend to be dragged into this conflict
I must however answer some of the questions
1 Whats positive?
Well the lights are still on almost 12 months after delisting
There is still hope of a recovery and settlement and so investors getting some money back.
I suggest thats positive.
There is also a great difference between realistic posters and negative posters.
Negative posters just try to highlight anything bad and enhance it without any reasonable alternatives, they do not promote the very real positive things such as the one above. This comes across as gloating or even as posting from a shorter. Occasionally a frustrated investor.
No one minds realism but someone genuine will normally speak about the good and the bad and evaluate both sides.
I am not going to stand on a soap box and say all will be good here, we do not know, but as i said earlier, there aer risks regarding PSA to start with, but also some positives.
We are stuck on this rollercoaster now. We are on it until it gets to the finish or until it crashes on the way. You all brought your ticket and got on for the ride. The only way to see if this rollercoaster is safe is to stay seated and ride it out. You can not get off this ride now its set off, You stay seated and wait. Close your eyes if it makes you feel better.
Now you can sit on your seat crying that we are going to crash and be as negative as you want, it will not make us crash or make us reach the end safely. However i prefer to sit in the seat with my glass half full and take in the ride. It keeps my heart rate lower, is less stressful and thats how i live my life. Positive attitude.
Tip : close your eyes when the ride does the loop to loop
Thoughts shared for over two years now
" You do not fight over an empty box"
So my last positive today is , i am pretty damn sure we have something very valuable in Block 12, now question is will we be sat on our seats at the end to see the reward?
nearly 39,000,000 shares makes me the sheriff, but not the not police, of my town .. check with he FSHG authorities if you want.
Just keep to the facts please, .. that was a brilliant find from Oposi earlier, and the docs that came afterwards were equally revealing, but please .. lets try and keep to the real world,
Good, bad, who the **** knows, .. just don't put it all down as fact, good or bad.
theres one absolutely huge massive positive
frontera isnt dead we are still going
and that ranks above any negative at the moment
Ok Barry McGuigan
You can’t get arsed to pick through his posts.
Get over yourself.
LCBK who made you the forum Police ? Personally MP can post anything he likes on here ... You on the other hand can Jog
hes said in his opinion, he doesnt have to explain
You are an intelligent chap, that is obvious from the form of your posts, but please don't start making things up, or writing down what you believe to be true, just because you put it down in black and white.
I cant be arsed to pick through everything but ..this sentence. ..
'IMHO it is because the court cases in NY and Texas are very close to a favourable conclusion and the arbitration just needs the change from a 5 year to a 50 year licence extension.'
How please, IYHI, can you explain the above? ..How are they close to a favourable conclusion and more importantly .. where is the evidence of a 5 year to 50 year extension.
And please soon ..
IMHO it is because the court cases in NY and Texas are very close to a favourable conclusion and the arbitration just needs the change from a 5 year to a 50 year licence extension. This was reliant on the return of the 5% RA, but due to the wait the pro-Russia Dream Party has been posturing, plus there was even a cyber attack on Georgia. Now that everything is coming to a head the US is strongly advising Georgia to stick with the original agreement.