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I second that
F**k them.
If this goes wrong for the shorters they would not only have wiped out their lives, they would have wiped out their wives and kids lives too. Dangerous game.
I know what I stand to lose, they however have no clue.
Shame .
GL to the REAL investors.
ODR
Tried too but to no avail
Have tried, the quality of the photo and the lighting is making it impossible.,
Tsbs: very sharp ;)!
The event wasn't well attended and there was definitely some dodgy clothing going on!
Good spot Oopsi!
Been trying to zoom in to read what else it says on his name badge but don't have the technology. Maybe someone here does ...?
It is him
Is Levan in a couple of these pics (eg 11) from an Amcham event last week? Been so long since I saw him, forgotten what he looks like!
If it is, he seem relaxed!!
http://www.amcham.ge/album.php?item=379
15 recommends Prod! :)
The force is with us, always.
It could be worse ODR
You could have a large open short awaiting the inevitable.....
now you can enjoy the wait
Prodigy: do not regard the wait as 'very enjoyable' ... it is torture!
But fingers firmly crossed for a positive outcome.
GLAsses (half full!)
Good tsbs - let’s keep you that way.
Now bare in mind that frontera failing was/would be catastrophic for some long term holders
So let’s imagine what it will be for these over exposed shorters. Their down side is far greater than any long term investors.
Catastrophic obliteration of their life as they know it- so it’s hardly surprising that they are so active and venomous.
A rat trapped in a corner facing certain death is at its most dangerous.
So in that note all LTHs and invested can have a very enjoyable wait as proceedings unfold.
Cheers investors
Tsbs
Stay strong, as the force is with you.
Enjoy
Devex on ii lol
Devex even!!!
:-)
??
Also Devrex post from iii.
Have to agree - something has changed - as I suggested yesterday in a different thread. We of course know not what.
I repeat my view that this absolute refusal to allow Hope to take up a windfall shareholding in FRR can only be explained in two ways. Either pure and un-reasoned obstinacy or a refusal to share future value someone who (in SN/ZM minds) is effectively a freeloader.
Given that the risk of failure, at least for SN, is a criminal record this refusal surely has to be based upon some degree of confidence in the eventual outcome?
So what might have changed? The only thing I can think of is that behind the scenes the likelihood of a relatively positive outcome regarding the arbitration proceedings has increased.
emblaze
Can you copy Devs post from same thread on ii.
Thanks
Posted by symorebottoms on iii and I certainly agree with him some light at the end of the tunnel maybe.
Well that was some critical and constructive feedback from ‘oopsi’, so we thank him for his time and expert legal eye over this.
Agreed Devex something has changed and I think it was probably over the past few months. And at the same time, observe how the shorters have been on an aggressive attack (with apparently some claiming to be investors LoL). Anyway, the clearest indicator has been FRR’s offer to withdraw voluntarily from the Cali case, albeit on a ‘without prejudice’ basis. From recollection, FRR were given a couple weeks to find counsel replacement. But Don’t be surprised if FRR seek an extension to this appointment. In any event, the next hearing on the Cali case is 4th Jan.
So what’s changed? I think it revolves around the arbitration and reaching some consensus. Zaza claimed in a recent article relating to employees non-payment of wages that there was only one issue waiting to be resolved (around PSA length). I think the PSA was farmed-out, which took a lot of stress out of situation.
Also consider the fight back in the Texas cases against SN and ZM.
Things on the legal side appear to be winding down which means they have some funding or a farmout deal to settle with OMF. I personally believe we are two-third way there, things hing on securing 25-yrs(?) production license for B12.
JMO