Member Info for B-2-0

The recent comments by zm on the extension of the psa is the most important factor of the arbitration and negotiation, the court cases are an aside and no longer are of material significance and will be dealt with. The gg terms would only allow the extension on the full scale development of B12 with major investment. The political posturing has been facilitation of enabling strategic investment and realisation on the regionally strategic asset on both parts andfor the benefit of invested parties. B20

I don't usually post anything outside of fundamental research and obtained knowledge. So will continue to do so, I am aware very aware that the shorters have in their employ an organisation of posters who infiltrate various media forums - this is very well known and has not gone in noticed. All I can say is remain focused on the events taking place and the fundamentals B20

i will say first and foremost what I discuss here is in the public domain. The deal is ground breaking for FRR for many reasons. Succinctly it requires a duration of more than 7 years to payback - this is not evidentially a loan, it is a farm in or otherwise capital investment from a foreign counterpart. Most importantly is the approval for the extended period, although no duration is given it aligns with greater strategic investment and development program of the Black Sea energy alliance. FRR workers will be greatly rewarded for their dedication in realising this historic Georgian moment. Georgia ???? we salute you. B20

The translation is confusing the news we have all hoped for. The negotiations have made it possible to sign the deal to allow the investor to recover the investment. This is an investment into FRR!!!!!!, allowing for development and production beyond 2027. Nearly all negotiations ended positively but the crucial part is the banks are satisfied to progress with the deal - asset security threat has been removed! The message does not suggest the tax rebate has not been paid, or that the employees have not been paid. I will simply say ZZ was willing to provide bridging finance of 5m. The deal will be strategically significant for Georgia, the wider region, and the investors. I understand your doubt and mistrust, but ZZ has always been aligned with the above stakeholders and in the process averted a hostile take over and secured a life changing deal for the long term investors. ZZ and FRR Team you deserve this success. B20

Asset to be transferred to Frr Georgia, Frr Texas holding company, new share capital injected from 3rd party farm in, existing share holders receive shares in Frr us. Other Frr companies liquidated and debts settled. Resolutions passed - it is time to fly after 20 years, get strapped in for take off B20

To survive an attack from a formidable enemy who has infiltrated your ranks extreme tactics are required to survive and conquer. Fortunately the enemy and motive were identified early, and a strategy implemented with a number of escape options possible. This has been the key to winning the war, casualties are inevitable, but that is the price to pay. Hope took the bait and resigned, providing the preferred escape route, leave the vulture to look for his next victim. It's game over for Hope, FRR flock are going airborne. It's not the beginning of the end, but the end of the beginning. Who dares wins B20

Been off the grid for a while but wanted to tap back in to remind the LTH of the significance of B12 nationally and regionally. I have been part of this journey for many years now, and having overcome significant challenges in the process, recent events are the final pieces in the puzzle for FRR. FRR is no longer a speculative investment, it is now on the verge of becoming part of a transformational energy alliance for the entire region, in ultimately developing an international supply of both O&G for many years to come. As a LTH I have never been more assured as to the outcome of recent events. I was fortunate enough to have bought a tranche on the Friday before the suspension. As the share is suspended there is no longer the opportunity to get in, but more signifantly for those exposed to upcoming news and the potential impact of the gap traded, the way out. Live by the sword...B20.

Zen, you make a very valid point, and it is one of a long list of events culminating in the multiple claim case against Hope. The evidence I have seen is overwhelming in its verdict, and has been collected over a period. There is one element which intrigues me and that is the exact financial claim of £56,280,800. Despite not knowing it's derivation, I am left in no doubt that given it's nature, that the forensic behind it will clearly support the value, otherwise Zaza and his council would not have stated the exact amount in the charge. I expect we will not get to see it and other more sensitive evidence given the implications for those implicated in Hope's attempts to take control of B12 and this will be settled ooc

We shall see soon enough though gla B20

Maple excluded as default injunction no longer a separate case and not being contested as the signing of the funding term sheet while Hope suspended is evidence Hope veto caused the default. Fid duty case and default inextricably linked due to the multiple loan veto by Hope. The signing of the term sheet while Hope suspended is the damning evidence of breach and has provided the facility to service the loan covenant. Game over for Hope

read some stuff today, shorters are fooked, no guaranteed stops on suspension. Live by the sword die on your sword

Couldn't agree more, the shorters have been locked in and the trolls are rallying but they forgot to confirm with the head troll that they don't get paid their 10£ per hour when the share is suspended. You live by the sword you die by the sword. Deal will be confirmed in suspension period. Nomad is nothing more than clearing the decks. We shall see soon enough whether Zara, sn, be, bp and the us fund overcome a minor like sh. I am very comfortable with my position and look forward to the next update.

The flock is preparing to go airborne - Frr, bh, bp and us fund in perfect formation all set for take off, just need to clear a few hostile drones before proceeding to gate four. FRR you are cleared for take off...

We are now truly airborne. The last few RNS' have contained messages and confirmed for me we are airborne. Niko had been frilled to Zone 24 and is commercial, we are not privy to the commerciality due to the NDA, the MOU with BH was signed after the YA issue confirming the issue was resolved and there is no recourse, and the most recent the signinig of the funding agreement having been completed after the Outrider fiasco, which clearly the fund would have preformed a due diligence on, confirms the 1/2 day court appearance on Tuesday is a formality to ratify the agreement. I have spent more time in court as a witness to an animal misdemeanour. Buckle up FFR LTH we're going airborne

GLA
B20

Well frr have in discussions for the last 6 months, the commercials have been off the chart, infrastructure in place and owned by super major, pipeline to transport the 10k bpd. CPR stated o&g levels. This has all been communicated before. Tonight was merely an update of all these events, the only difference is it was done in such a way to make stakeholders realise it, no charts, no seismics, no data loading - that has all been done. It is now about development and realisation of the truly world class o&g reserve in Georgia. This is the start of the price correction to reflect the true value. Well done all holders

Right next to the pipeline running adjacent to B12 transporting oil to Europe ... 😀

The flock is airborne heading for Georgia

I don’t normally respond to comments but I will in this instance. Commerciality has been proven and it has been stated. And more recently the production levels have remained consistent with commercial requirements. We will see if my statement is true, gla b20

To answer some questions, majors been involved for over six months with a view to determining techinicals and commercials, EWT on all three wells started at the same time. Comingled testing started in July on multiple zones. Results very commercial and the driver of NDA. 10000 bpd in two to three years funded by jv, fo. £1bil plus mc. ...cometh the hour

There are moments in time one dreams of being part of, or more importantly to have climbed the hill with you brothers and get airborne. Twenyy years it has taken the Frr team to climb the hill, and many have doubted them, but you know what they say, when It's your time to fly spread your wings...🦅🦅🦅

The event I spoke about a long time ago is very close now. Greatest is never achieved without sacrifice, deternimation and breaking boundaries and above all patience. I have added to my position in the last few weeks. Gla those who have weathered the storm, none more so than those at Frr employees. I salute you