Member Info for Arsenal221

Frr still owe the money of which think was originally around $30M that though presume would have increased. Still though a chance that Frr will sort out a deal that both sides are ok with.
Frr still have a case against Hope (Outrider) concerning when he was on the BOD & that was with his fidictury duties that it looks like he broke when trying to go for Frr while still on the BOD.

Fairly certain that GG has allowed transfer of assett away from.part Outrider had t/over.
I also remember reading that there is an investigation into GCapital by GG.

Temporary injunction of which, is now permanent by Texas Court has ****.. ed up ZM & he did not bother with any representation, as he believed that he had no chance of reversing decision

I have 10/11 of above for a b/holiday Monday & all from sad nobody's who have no holding.

Would hope though that if Frr have added USA as explorartion this does not mean that they are still thinking of making a go of it with production long term in Georgia.

pyrotech
I also don't remember there being anything about exploration in USA on website.

Life
See Rns dated 3rd Sept 2018
ZyDer
It has been mentioned by Frr that Frr do have funding.

Overall on the gas it is only Frr's word on the estimate of 202tcft of gas, is there, as there is no independent report on no where near that amount
As you mentioned & I briefly did. Is that they do have data & info collected over the many years that should be good enough.
In end though we still need the confirmation on Frr being back to full operations.
Enjoy

Coggy
Read back at Rns dated Sept 2017 & does read along lines of what you mention.
So 1st & formost we need Frr to confirm full operation have recommenced.
Enjoy the day.

Just add that think the U2 well was looking like it had a very nice amount of gas, but there was a problem that came up when testing of which was soviable.

It might be the case that Frr have enough info/data already that shows they have a massive amount of oil & gas, especially on the gas.
So chance it might be that Frr have to show that extraction of both can be made at the sort of rate a major/SMajor would want for a sell off.

Would think that proving up the gas & oil would be the most important item on Frr to do list.
As mentioned previously they would need a very nice looking bit of funding behind them.
Frr had mentioned in 2018 Rns's they had Majors interested, let's hope they still are, looking in.

Just a few more words.
We all know Frr shares have been suspended for over 3 yrs & delisted for around 3yrs.
So what is the point in reading the drivel that some of the visitors give. As there is nothing they know that we don't already. Infact they probably know less then we do.
Enjoy

Filter

See that above have suspended their shares & if they do manage coming back then they will still be deep in the sh.t with no real way of pulling out of it quickly.
Do hope their holders manage to get back at least 50% of their investment of which looks probably the best they can hope on.
So hope they can mange the aboveat someponit.

Easily best way for any of us to get anything like 1p or more would be through a buy out.
Now on above actually happening then 1p amounts to just £160M of which would think that after all that has gone on then Frr would be looking at at least the $500M invested & equivalent sp for that is around 2.5/6p, as previously mentioned.
So lets hope that Frr will be thinking at least on the $500M mark, if not a bit more.
Enjoy

One last slap in the face for ZM, if not a hard kick where hurts most would be on his holding to be taken back, as part payment of the costs awarded to Frr.

As far as ZM, is concerned the Tempory injunction has now be made permanent & seriously think he is out of the picture.
On above will say that Frr have to keep an eye on him, as he will likely try something.
So on above being along right lines then Outrider (Hope) will be main problem. On that at moment the case for him breaking his fiduciary duties as a member of BOD, is in July 2023 & would think case against him on that is fairly strong.
If though Frr can come to a reasonable agreement with Outrider then that probably would be the best way of resolving this.

On there being an offload of Bushranger at say £300M & 50% in cash of which, is paid out as a 15p per share to shareholders that would still leave the £150M of AA shares still with Xtr.
So on the above would seriously have thought the AA shares would be taken into consideration with the African assetts & on that being the case then the Xtr M/C would look much healthier then 5-10p.
Above, is only as I see it. So I might be way off the mark

Zeron
As mentioned it was not confirmed by any independent, but also there is what amount can be extracted.
So jus 5% of that can still look impressive.
Still though with Frr there will always be a % of doubt until they start talking back to shareholders in a positive way.
Enjoy