Frontera Resources Share Price (FRR)

How many AIM investors are in a similar situation?

Let down by the FCA.

🇬🇪 🇺🇸 Organized by the Georgian program of the Davies Center of Harvard University the conference, "Georgia-USA relations in the context of the Black Sea strategy." "This conference was hosted by the Eliot School of International Relations at George Washington University.

🔹 David Zalkaliani, Ambassador of Georgia to USA, presented an opening speech at the conference. The Ambassador reviewed Georgia-US relations, discussed extensively on the importance of Georgia's geopolitical and geostrategic function in the Black Sea region and emphasized the importance of granting Georgia EU candidate status, which will further contribute to deepening strategic links between the regions and the development of mid-term projects.

🔹 David Zalkalian emphasized the importance of the implemented and planned large infrastructure projects that strengthen the security of the Black Sea and help to deepen the links between regions. In this context, David Zalkalian spoke about the importance of American and European investments in large-scale projects such as the Black Sea submarine electric cable, railway modernization and development of Georgia's port infrastructure.

🔹 The ambassador spoke about the challenges in the region, Russia's occupation of Georgian territories and Russian aggression against Ukraine. The ambassador noted that the severe security situation in the region makes even more clear the need for the US to adopt a Black Sea strategy. The envoy also spoke about the Georgian government's peaceful neighbourhood initiative, aimed at ensuring lasting peace and stability in the South Caucasus, during which a number of productive meetings were held with the participation of Azerbaijani and Armenian top officials.

🔹David Zalkaliani stressed the importance of further deepening the bilateral strategic partnership between Georgia and the United States, including in the areas of defense and security, economic, trade, people and cultural relations. The Ambassador reviewed the strong cooperation between Georgia and the United States in terms of defense and security and emphasized the successful participation of Georgian military contingent in international missions in Afghanistan.

🔹 Within the conference, two panel discussions were held with invited reporters in the areas of security and economy. The conference was attended by students from Harvard, George Washington Universities, experts working on Georgia and the Black Sea region in Washington, Washington diplomats accredited and representatives of US government agencies.

🇬🇪🇺🇸 Harvard University's Davis Center and Georgian Studies Program hosted a conference, "Georgia and the US Black Sea Strategy", co-organized with the George Washington University Elliott School of International Affairs.

🔹Ambassador David Zalkaliani delivered opening remarks, and addressed the key aspects of Georgia-US relations in the context of broader regional dynamics. Ambassador un

As far as we know it was moved to FRUS. However, when the asset was first moved a 5% Royalty Agreement was left in order to satisfy commitments. I assume that SN wants to deal with Deloitte's to try and regain the 5% RA. Plus it may have implications for the tax recovery pool of around $500m under the PSA. The Georgian Dream party and the October elections may also influence the outcome. The current lurch towards Russia and away from the EU isn't a good sign, although the people are demonstrating in their thousands.

Apologies, I feel I should already know this. Where do our assets (the 1% and data) currently sit: within the FRR company that is undergoing liquidation, or were they moved out to another SN controlled company?

Thanks MadP - will do.

Monti - please bear in mind that the "day-to-day" progress of the liquidation is under the control of the liquidation committee not Deloitte, although of course they work within the parameters set by Deloitte / Cayman Law. The L.C. will report to Deloitte who will make their determinations and then report to the court. That is why I think you will only get boilerplate responses from Deloitte until a conclusion is reached and the final account is published.