Member Info for bigdouble

fjones - you obviously have never had a beer with NR. Life and soul of a good night out - NOT

Yeah dinner with Neil Ritson. 2nd prize a week’s holidaying with him.

How likely is it they hold a meeting one week before Christmas. Looks like suspension will be lifted early new year IMO.

The Board feel we are still middle of the Q4.

Apologies for the delay in getting back to you.
Quote

I understand your desire for an update and assure you that the company will update shareholders when they are able to. We are currently still in mid Q4 as per the announcement.

Getting a battering this morning. It’s just as well we are suspended at the moment. Nice if licences were issued at same time suspension was lifted. We live in hope.

Asked for an update on H1, see below.

Helium One continues to proceed towards an ASX listing but timing now likely February 2020. That does not however jeopardise drilling in 2020 so we see an attractive potential value trigger within 12 months. The company has no cost exposure and are prepared to be patient

Kejoglo sounds like you bought Solo on a T20 and now you’ve been asked to settle. This could really be the only reason for having a moan.

CF73 - yes absolutely agree. We are all very much in the dark and It all could be part of re organising a new venture. On the other hand we all could be screwed

Received this morning

Hello, I was working in Frontera, on October 16th a whole group of g & g employees, 6 employees, and staff were fired, and most of the oil workers in Kakheti were also fired. Salary deduction is really 10 months, some more. What can you advise in this situation

Really struggle to see why some think it’s fake news. An ex employee of Frontera sent me a Facebook message this morning confirming this protest. I’m losing a lot more than most but need to be realistic as to the prospects here. I would like this to come good I can assure you but accept not all news is positive

Why just because it does not read great for investors do certain posters jump to the conclusions it’s fake. Putting ones head in the sand is not always the best advice

Why is this fake, an ex employee of frontera mentioned this protest was happening this morning outside the US Embassy

Timster - Something official would be very welcome. Unfortunately, unless investors do there own digging nothing seems to be forthcoming

Tsbs - look at first post of thread

I’m just a member of FSHG have nothing to do with its running

Another message

I agree, it's a pity .. Today dozens of former and current Kakheti oil workers have arrived at the US Embassy. To express dissatisfaction. Frontera is also an American company

I wrote

Hi ****, thank you for coming back to me. A large group of investors that owns around 20% of the company Frontera Resources formed a group in January. Since then we have been trying to contact Zaza but without success. We are aware of all the legal proceedings and have seen articles in Georgian newspapers regarding the employees not being paid, which is a terrible situation. It is very difficult to understand if the company is still producing and whether Zaza and Steve will ever release news on where we are at. It appears many promises have been made to many people but at present all have been let down. We thought BP were doing a deal with Frontera but that has also now gone very quiet. If you are able to share any information that would be helpful. Many thanks

Reply

I have no information about BP. I have no information about BP. The rest of what you wrote me down Is correct

Last night I manage to make contact with one of Frontera employees, well former employee via Facebook. Received this reply this morning . I have written back to him to see if he can shed light on any issues.

Hello, I was working in Frontera, on October 16th a whole group of g & g employees, 6 employees, and staff were fired, and most of the oil workers in Kakheti were also fired. Salary deduction is really 10 months, some more. What can you advise in this situation

Solo and Aminex have not had the best of relationships for many years now. NR was sometimes a bit loose lipped and Aminex did not take kindly to this. On the other hand often Aminex kept Solo very much in the dark and it appears this continues today. Bring on the day when we are not reliant on others to control matters.

Maybe they just realised they should have consulted Solo first.