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Thanks Ziggy, you're probably right. The trouble is, I don't know what 'court supervision' implies. Might find out before this week is over, and maybe the effects won't be too drastic (I hope).
Earsbern , re Caymans Court tomorrow ....can only conclude its the request by liquidator for court supervision .
Hey the other time, we were told on FRR's webssite that we have 30tcf in reserve + lots of oil probably about 14 billion barrels. As we currently face some sort of financial issue, can't we do a form of reserves based lending to ease our woes if we really have such reserves. It wasn't called resources from my recollection it said reserves!
Just shows the guys at the top have lost the plot and dont know what they are doing. Just another scam to raise cash and then tell everyone it was a duster.lol
This government awarded a contract to run a sea port to a company with no prior experience of doing the same had no ships or workforce here ... sounds familiar
They were going to award the contract to a firm which practically didn't exist! Makes you wonder what the rest of the competition was like. So maybe they do stand a chance. Maybe there's not much good competition in present day Ukraine?
Maybe he means us! He does seem to be delusional!
He thinks "those lovely happy investors in the UK I've treated so well will be more than happy to give me more millions when I offer them the chance to help me buy that diamond encrusted bently I've got my eye on...."
Oops I
As usual a great find & more positive info.
I just cannot see that anybody would help back Frr up on Dolphin unless Georgia has been a success & by that I mean they have/ will not lose it through default.
Still though need something official confirming it.
Haha Oopsi. Where do you keep coming up with these nuggets? Still all to play for then and all's fair in love, war and corruption.
Latest twist: looks like the pressure has paid off and the decision to award Trident the Dolphin block has been cancelled
https://thepage.com.ua/news/kabmin-otmenil-dobychu-na-krupnejshem-gazovom-uchastke-v-chernom-more
Look at who that letter CC’d to. Big guns indeed, however at the rate Trump goes through staff they may be old news
You are absolutely right Chris, the letter is a new one penned by Steve and makes for very interesting reading. I couldn't read it properly on my smartphone ion the train when I found it but it is definitely asking for a decision tomorrow. The heavyweight support behind us is crazy for what some see as a defunct company
Agree. We as shareholders could be stuck in Georgia for an eternity, whilst one or more of the myriad of Frontera off shoots enters Ukraine.
ODR,
In Zazas interview he is asked where would the money come from to develop the Dolphin Block , his answer was “ We have a large and strong group of private investors who are interested in investing with us . We will raise money and invest in Dolphin.”
Gipps: Frontera is going for Ukraine, so we, as shareholders, are part of it. What draws you to make your statement otherwise?
SN is asking for the award of the Dolphin block to be made tomorrow . It does not sound like shareholders would be part of Ukraine however if does feel like a deal might have been done in Georgia of sorts ....
Why not go for the the Ukraine as Zaza himself says its what we do. Esp if Georgia is about to be tied up and farmed out. The perception that there has been no activity in Moldova is also prob just wrong there is probably a lot of fairly invisible work required before you call the drilling rigs and start 'Dallas' Style exploration it prob does take year to build a good picture of geology and have a decent idea of where to drill. Maybe Moldova is moving toward the more physical stages of development and it makes sense to start the seismics evaluation in the Ukraine knowing that in itself will take years.
In addition I wonder if we haven't been overly focused on the shorters, I wonder if the 'bet' they made was more focused on the actual exchange listing aspect, Ig maybe had to payout regardless of the status of the company as a private entity, CFD trading is not really like actual share ownership. My take is until I hear something concrete oneway or the other I wait. The court cases seem to not hold alot of significance, the busniess seems to be pushing onward regardless.
Hi Chris,
To check my understanding... do you mean the US government are happy with Fronteras progress in Georgia or am I missing something ? Cheers
I just can’t see why we are Aggressively pursuing Ukraine unless Georgia is tied up. the government backing speaks volumes and to me indicates that the government are happy enough with the Fronteras progress in Georgia to give them the support they are receiving and are pushing them to be the front runners for Ukraine
The letter I posted yesterday was written by the 8 US congressman . The letter oopsie posted it from SN himself ! So this is new and a very telling read!
Cracking find oopsie
Yes Tsbs. It beggars belief.
Hello BB, haven't posted in a while but regularly read. I have to say the letters I have read in the last 2 days (congress support and todays revelation: a letter to the PM of Georgia) really display some political clout. Interesting times...
This is only just beginning and who knows how long the wait will be, keep the faith and enjoy the rollercoaster (We've got no choice anyway)
On a side note, a big thanks to all those who have kept the information flowing with super-sleuthing and global court room stalking. Keep up the good work it's really appreciated
Not assets, just investment figures. So i guess a lot of that is things like operational costs etc.
Also worth noting that this comparison is based on 2018 audit data.
15.3 million barrels produced and 30.2 trillion cubic feet discovered certified gas reserves and 14.6 certified oil reserves. Been a long time and lots of back and forth, so i've stopped paying attention to the claims, but, i didn't think we had booked certified reserves?