Member Info for Avi8r

Independent Engineering Report indicating over 1 TCF of 2C contingent gas resources in the Patardzueli and Samgori fields in licence XIB with a Net Present Value of more than USD 500 MM.

Nice statement, RNS released

"The fact Looed has had to support them as outlined, screams either incompetence or dishonesty in afraid."

Are you for real?

There is absolutely no evidence whatsoever to support that comment and I suggest you withdraw it. Looed has made it abundantly clear his position and support for the company. Clearly instrumental in the prosecution of ZM he has done and knows more than any of us, yet manages that incredibly tenuous information flow link between the company and those of us desperate to see the return of our investment.

To accuse Looed of dishonesty or incompetence on either the company or Looed is one is the most immature ill-advised statements, particularly given you have little to no knowledge of his position and/or the credibility he brings. Indeed, it speaks more of your character.

Good luck engaging with Deloitte, I'm sure you will get equally as far.

"But if they are the aliens then doesn't that make us alien to them. So that means they aren't the aliens at all - we are!"

😳😂😂😂😂😂

I'm not saying it was aliens but maybe it was aliens.

"Would you ever do that ...ignore .... there's a lot of sick people in the world who enjoy antagonising others ..."

In this instance its a necessity. The sick people in the world who enjoy antagonising others you refer to are the mono-focussed, ill-informed, uneducated, people who seem to delight in bringing negativity to the board in what they would claim is saving people from themselves.

The last person to claim that mantra was a certain J Savile and we all know what he turned out to be.

Why are you are shooting the messenger.

The fact that the company is prepared to share information with one individual and no one else is down to trust alone in my opinion. They know the message will be delivered honestly and interpreted accordingly. I suspect Looed's connection to the company is one of legal relationships which is why they are willing to trust this relationship.

Given the problems and history it is understandable why they wont communicate with just anyone; 'Hi, I'm a UK based top lawyer and want to know whats going on', doesn't really cut it.

Be grateful that we are blessed with Looed and the robust connection he has with the company along with the additional research he provides.

Sounds like sarah123bore has arrived on the forum. If so, its like a cancer and infests the board with repetitive illiterate singular commentary built around the assumption of being unable to 'get it out', unaware that times and technology has moved on.

Please do not engage with it.

https://www.thomasvan.com/wp-content/files/Internet-tough-guy-troll.jpeg

"Let us have debate - Will Paul delist the company and sell to China. Or. Will continue as AIM company and Scotish bunch continue to the SHORT the share price"

Have you been reading sarah1tobore's ladybird book on investing? 🙄 🤣🤣🤣

Interesting use of words there: 'Frontera family'. What would you do to protect your family? I wonder if the company see's this in a similar light, particularly with the absolutely disgraceful behaviour by ZM, who deserves to go to jail irrespective of which country thats in.

Clearly a monumental mess to sort out and given all the legal implications its no surprise its taken so long. The company must have confidence to underwrite those costs, and along with the credibility (Atlantic Council, GOGC etc) its clearly evident they are going to extraordinary lengths to resolve.

That "the company continues to work in the best interests of all its shareholders" coupled with the first comment is reassuring indeed.

"I dearly hope avi8r isn’t a commercial pilot, I’d feel a tad nervous with him up front"

Best you dont travel with Emirates then...

No, of course I dont understand. You know me so well...

What I do know is that interest on escrow is not applicable, hence my comment. Not a difficult concept to understand, but you chose to overlook that. Try standing the right way up.

Normal service returns...

"Wow Avi8r, you’re a clever kid, bell’s ringing, back to lesson’s now.

You must try harder!!!!!"

Thanks for the compliment - yes, in the simulator today, practising drills to confirm my skills. Everyday's a learning day. No need to try harder, just a matter of staying on top of things.

"cloudtag action coordinator". Or CAC, aka poop...

Thanks again, that makes sense.

Thank you Looed.

More delays then, but is there really any advantage to objecting to the court accepting YA II's evidence? What makes evidence inadmissible in any event, particularly when a court has previously accepted it? Does FRC see itself above the courts?

Good to see it close at 1.25 today, after a very quiet return.

https://www.google.com/finance/quote/BLOE:LON?window=5D

47% up over the last month too, the inclusion of CNPC cannot be overlooked and I look forward to news in that respect. Hopefully this will be a slow build in anticipation of any announcement, but given their involvement, they must be taking BLOE seriously. You don't send senior management just to pay lip service, so an announcement can only be imminent.

All looking good at the moment.

https://www.google.com/finance/quote/BLOE:LON?window=5D

The MoU referred by ODR1:

On 14 November 2022 SAOG and GOGC, acting on behalf of the Government of Georgia, on the one part, and Frontera Resources Corporation (“FRC”), a Houston, Texas USA international oil and gas exploration company and FRUS (wholly owned subsidiary of FRC) signed a memorandum of understanding (“MoU”) setting forth their mutual agreement regarding the assignment of the rights, interests and obligations of Frontera to FRUS. According to the MoU and the FRC and FRUS are imposed to pay to the Company all sums ordered to be paid to the claimants by Frontera and FRUS under the Arbitral Award and reimburse damages arising out of non-sharing by Frontera of the Petroleum produced from the Contract Area. Prior to the date of the payment the Company will continue operating on respective Contract Area.

Georgian Oil and Gas Corporation JSC - Notes to the Consolidated Financial Statements for 2022

According to the arbitral award and MoU, Company has right to claim GEL 16,488k (£4.8M) from FRUS. The receivable is treated as originated credit impaired accounts for balance at nil. Receivable should have been paid in November 2022, nevertheless due to non-repayment payment term was prolonged till 15 September 2023."

In addition, its good to see the price has increased 55% in the last 8 days.

Why even allow this poster air time? Occupying space in your heads and taking time to respond? Feeding its ego and making it feel important. Don't you see, its feeding off your replies and then people rise to the bait. It needs help more than anything else.

Please ignore it, block it, whatever it takes, just don't respond and the board will settle into normal debate with important information not being missed.