Member Info for Arsenal221

I did not think it had that long left, but as Frr gave up 99% of land then would think that as you say the licence would be extended.
On it still having until 2027 then if Frr can sell on what is left that ext would give the buyer time to have the licence renewed for something like 20yrs.

1st line should say
Frr are not out of it

I would also say that Frr are out of it.
Hope went cap in hand to GG, but he did not get the response he was hoping on.
On the FTI would say that up until now they have not done a great job, as think it was them that handed over the assett to Green Capital & Frr did more in retrieving it then they did.
Last of all GG will be the ones who decide on where it goes, as they can let the license lapse of which is not that far away & without it the assett would think, is not worth anything.
Last year, it was looking like Frr was starting to have talks with GG & that can only improve Frr's position.
Enjoy

Monty
Would agree that it just might be.
On an Rns on total voting rights being released would think that would not happen before any fundraise or warrants on sp reaching the right mark, but after.
So just need to see/ hope there is no update Rns's over next few weeks & that would surely mean there is talks going on.
Thanks to all for the exceent info & comments, since the purchase of Bushranger.

Earsbern
Would think.what you mention, is possible. Especially as mentioned few days ago the main assett was transferred over to another part of Frr that had not gone into liqudation & GG have given their ok for the transfer.

Think that all would take the $500M that mentioned couple of weeks back & that is what Frr have said probably more then a few times what they have invested in Georgia.
Overall though at moment cannot see a sell of Frr until 2023 & that is, if it actually happens.

The part that FTI could liqudate of Frr did not hold any meaningful assets, as Frr had transferred them & not that long ago GG had given their ok on it.
So on those 2 dockets that was posted would think should not be a problem.

It has been mentioned by Frr a couple of times thar they have/are in talks with Hope (Outride).
Let's hope that sometime soon Frr can actually talk to shareholders through a statement & give a positive on an agreement being reached.

denzal
See you have been busy.
Steps defintely do look like they are going fight way.
Thanks

Thanks

1864
Great find
Think 2/3 weeks ago something else was posted that pointed towards Frr supplying/production of gas.
Thanks

Did not realise article was 2021.
Still though a good reminder on relations not that long ago & everything seems to point towards things improving.

Looed
Excellent comments & another very positive article on relations between the west & USA.
On this all going through with a Frr sell off the, as previously mentioned the equivalent to the magis 5p, just might still be seen.

On Georgia going down the same road, as what they have been saying of which looks at least likely, if not very then Georgia ties with the West & USA will only get closer over next year & following ones.
If Frr are looking to sell up over next 12/18mths then cannot see any reason for them to relist & the former, is the best outcome for all holders.

Think that Frr have been a member. Maybe though as there has been all these court cases going on then maybe Frr let their membership, slip & will renew it.
Overall though as it hopefully, is likely Frr will sell up over next year then they do not see any need for membership anymore.

The main thing would think Frr will need is an independent report on what there is in the ground & is extractable.
So on above, let's hope that most info/data needed Frr already has or a S/Major might carry out there own.

If frr offloaded for $1B that would give around the magic 5p.
At moment would think there is still some work to be done before we reach that stage.

Thanks

Anybody know what this case is about, as cannot remember anything about it?
Thanks

Will add that the case, is not due to be heard until July 2023