Member Info for cannyscot2

Great post and makes perfect sense.
Zaza between a rock and a hard place like our PM is today. NATO membership would be a great achievement for Georgia.
Off subject was a pleasure to watch a few of the news headlines tonight for a change.
A well planned and well executed rescue of ALL the young Thai lads and their coach, only marred by the loss of a Thai diver a few days ago.
Her Maj cracking a few smiles as the 100 RAF planes went over the palace. Fantastic flypast.
Trumpety coming to visit the morra and England in the WC semi finals. Just in case anyone in Scotland doesn't know, they won it in 1966 and they were in the semis 28 years ago winkety wink emoji.
Back to FRR waiting game for now. Zaza playing the long game and not going for quick hits. ATB

Morning. if not another day closer.

Thanks bugsy. Kept thinking Despalonika. Not even close.
News still brewing. Keeping the faith.

approx 90m more shares? and they would have to declare holding? Thought it was more than that. Have they funded Niko? They will want progress as much as us to get return on investment apart from oil revenue if and repeat if one and the same.
Follow the money. Zaza invested twice since Oct, over 1.62m total, at .58 and around .47 I think. Got funding for Niko 1 without dilution. Chasing rainbows? No, he ain't stupid, he's chasing the money. Noticeable change in stance reported from last meeting, growing confidence. Not doing Q an A sessions just now. No site pics for a while. Who's on site?
Is someone else reducing their substantial holding to allow II in at low price while we wait for news? Appears to be a chunky sell for every chunky buy to keep s/p down and that has been going on for a while now at every s/p level over last few months.
Pot still simmering....................... exciting times ahead but still have to be patient.........not always easy but we are getting a lot of practice..............jmho

near Balamory

ha bridget

What's the name of the village where they load the oil onto train?

and what's up there?
sunshine, blue sky and a great view?
mist, fog and clouds obscuring the view?
rainbows with pots of gold at the end?
what else?
:) :) :)
;) ;) ;)
still happy to wait and see
in it to win it

To get to 5% at today’s price needs to acquire a good few hundreds of million shares yet. Given the fact they are adding to their holding, my guess is they are not doing this speculatively. They have to be privy to information beyond what us PIs are aware of. We still have not been told who is filling the empty non exec director’s place. Suspect this is because it would be a huge clue as to which company is building a very substantial holding as it appears they are still buying a proportion of what the impatient are selling. Or the cancelled sells were actually cancelled buys at an agreed price below bid price. Made the PIs jittery and brought so down to accommodate the II. They may not have been in the data room themselves but could be working closely with someone who has. I believe Zaza said they had tried to find out who the large institutional holder is without success. Did anyone look to see if his eyes went right or left when he said that? Giving him benefit of the doubt he could have found out since the question was asked but if I were a betting man (obv not if I invest in AIM) I would say Zaza and SN could both know exactly who is building a stake here. It has been said on this board not to place too much importance on this II. Thinking it could be very important. Jmo.

Thanks for correction the other day. Had skimmed through RNS but now gone back and read it properly, as well as all the interesting notes at foot of accounts.
Now that previous operator poor techniques and poor cementing overcome with successful sidetracking of wells, hoping that these EWTs will get some reserves onto the balance sheet at last. Confidence within the team growing out there knowing that they can go deeper and deeper. Could be the Taribani gas being brought to the surface in a few years.
Congrats to England getting to Q finals.
Still looking for an update though.

commy - if you are correct and Eldari A and Eldari B can be produced together then T39, after testing whichever zones they perforate first and probably extended test on A and B (producing oil for sale as they go just like they are doing at T45 and Dino 2),they could be producing 1200 bopd plus if they commingle flow fro T39 alone?
What are others' take on this?

Great post - so as things stood last year they could produce from Eldari B OR Eladari A but not both at the same time due to pressure differentials. Interesting. So if Zone 19 produces 960 bopd and 9,14 and 15 together with possibiity of Zone 13 added, produces less then they can go for Zone 19 first and go for Eldari A zones later which extends the producing lifetime of each well.
A lot of mileage in FRR yet!! Proven reserves through EFTs is frustrating for the time it takes but will be good for us all when on the balance sheet.

Let's hope board returns to SANITY today.
Sanity =EFT results on T45 at very least within a week or so.
Sanity = EFT results on UD2 soon and Dino 2 this month
Sanity = s/p heading north for more than a day and nearer to WHI fair value
Sanity = (sorry in advance) relevant posts - no harm in banter but some of it - OmG !!!
Sanity = knowing 2019 plan and Zone 19 successful EFT which could indeed be a game changer if the gas results disappoint - not saying they will and not saying they won't because we don't know)
If Zone 19 comes good then sp will be in a different realm. They will need a bigger choo choo.
Indications good 960 bopd previously on 40 day test but we still need to know what Zones 14 and 15 can produce on EFT to see what income is likely to be generated. .
If the gas pipeline drawings come out of mothballs and pipe laying starts then the sky's the limit but sustained decent income from oil is first order of the day going forward.
The funding partner of Niko 1 could do very well indeed if Zone 19 produces there too. Going deeper with every new drill which is proving good drilling and cementing techniques, a problem in the past which has been overcome.
We might just be on the road to success here folks. Hold onto your hats.
ATB

A few missing paragraphs which will hopefully be released next week when lock-in period ends for Zaza and SN.

As we helped fund the whole 4 well campaign, there is info due to be shared with us............enough said!!

and whenever info arrives we are again one day closer today and one of THE BEST posters will return very soon!!.

Till the news, cia and atb.

Thanks Gleska lad too.

Lifted the spirits on here bugsy with those finds. Back to the waiting game for the patient ones.
Bridget loved your explanation of NDA, had a laugh, and Devex's and noloss very clear for those in doubt about why us minions not being informed if one in place.
If there is one there is hopefully a deadline for decisions to coincide with flow results. Fingers and toes crossed. Over to you Zaza.

Glad to see a couple of folk (fp and fs) who had not been on here for a while. Anyone else out there who stopped posting (with exception of mole who will return soon enough) when results out, either financials or flow rates.
Nothing new till then anyway (unless YJ oblige with a twitter pic;) the 2019 drilling plan will be in course and should be RNSd as well.
Sentiment due to wait and strange trading patterns have moved price down. Basically not knowing got to us all a bit and the impatient/those with frayed nerves moved on while the brave with fluent funding topped up. Whatever the cancelled trades were it was nothing that could be/needed to be reported to us mere mortals, whatever/however it was done but news due soon & not yet overdue. Holding strong despite the doom and gloom this week.
Oh the joys of 92p,Cardiac territory 9.2p Nirvana, even .92p for happy smiley faces. Basically anything north of where we are but Zaza is not done yet. Neither is Dustin. They are working their socks off for themselves and us too, why, cos we are ALL shareholders.
Tend to agree with zib on when news will flow, will just have to hang around and see what it contains. Not long!!
Everything else and above too has been said and said and said and said..........................
GLA

has happened to farmerparmer and freescot?
Still here?
Left the building?
Still only the sp that is awry. Results awaited just as they were a month ago. Not overdue but becoming due soon. We are all just a bit concerned seeing the sp lower. Think the mm's were also expecting some news like Puddy was today hence the big opening spread. No reason for it apparent from the day's trades.
Not too long now to wait for news on any one of the 4 wells.
Final thought for the day.......If there was to be any dilution by selling preference shares apart from the 10m shares already notified there would absolutely have to be an RNS. GLA,

deal