Member Info for Cautious11

In March the Rns stated they were looking for 325 bopd. Then they hit 1100 bbld with well 16
and the next Rns stated they were looking for 325 bbld, (notice the difference) and testing well 16, Then bloe raise 12million at 11p share, Then they shut well 16 unknown to share holders, manage to get storage facilities for 90000 barrels, slip in that Norio is producing 27 bopd from what was hopefully aiming for over 200 bopd. Tell shareholders that well 16 has been shut in but now reopened and is producing average from testing date 295 bopd and increasing. About to spud 38 . I think all this is in Rns So please tell me what is happening with 16 apart from guess work and don’t say it’s still improving because for sure we don’t know. Don’t forget they shut 16 without telling us so Ajw and his rose tinted glasses, get a grip, WE DONT KNOW
Malcy interview last Wednesday, as yet no feedback assuming it happened and no he won’t have been given insider information as it’s against the law,
I’m sure you’ll correct if I’m wrong but just trying to get a perspective

How can it be price sensitive. That’s insider trading. Hopefully he will have pushed him for some answers

I rang Justin last Thursday morning and asked if P H had been interviewed the previous evening. He said he wasn’t aware of this so wasn’t sure but they are in contact a fair bit. So wasn’t much wiser and I think it would have been a phone interview rather than in person if it did take place
I asked him re well 16 and all he could tell me was I would have to refer you back you to the previous Rns. I said that states the well at 295 bopd and improving is that correct. And his reply was all I can do is refer you to that Rns. I said so the wells not shut down again and he repeated his previous answer. I asked re gas testing and he did reconfirm that it was ok until December.
So not much learned I’m afraid

The trouble is there will not any details re well 16 and why. Either shut down again. Which should be in a Rns. Or Flows reduced or increased. Either of those I would rather have in a Rns rather than just ear say so we know we’re we stand. The only thing I can think of that may delay the information is they have gas flare testing permits upto December so they are keeping it on testing to appease the GOG

Hepseal. And I apologised for my mistake. With Ajw your not allowed an opinion unless it’s goes along with his agenda. And I certainly will not ramp or deramp

My posts are there for anybody to read. I have asked questions and highlighted issues were the company have lacked transparency to the share holders just like now. And anything against your rose tinted glasses that you have not liked you hit back with I’m a deramper. You have been found out. I’m well invested here but one thing I won’t do is bullsh@t to get people to buy or sell just to benefit my holdings. It’s probably called being genuine. Look it up

A loss is a loss a profit is a profit. If you make a loss you can put it against a profit to save paying capital gains if you actually make a profit. What ever your average is that is what it has cost ya. You may have taken out a profit. But your claim was a free float which tells me you sold a load to get back your initial stake and kept your profit in this share. Don’t try playing the clever f@cker with me. Your full of sh@t, when I said yesterday you was the opposite of Mike31 some didn’t like it. Upto now he has been more accurate than you

You have a about as much clue as the next man. None. We are all in the dark here. No 16 update!!
Did PH turn up for the interview with Malcy. , what capital loss...... you was on a free float.
Madmanrob hasn’t had a reply yet.

I totally agree. hopefully It’s just that Ajw will not admit bloe have made mistakes through either incompetence or over eagerness and nothing has been a problem

You just constantly protect PH and think he has done nothing wrong. Get your rose tinted glasses off. Misinformed us re target for oil on well 16 in a Rns and shut the well down without informing us. BUT that’s ok. A balanced view on here would be good. Your just the opposite to Mike 31

From someone who has a lot invested in here and not like you who keeps going on about your free float. If you look back at my post from yesterday you will see what I’m looking for.
It comes across to me you seem to think P H is perfect, why embargo a Rns until 38 is spud, surely to god we all want to know what’s the current performance with 16, What excuse is there not to get a Rns re that,, that’s what’s holding back the sp.
just so you know. Bago contract, was the gas tested ok re April Rns. 60 day Flaring permits. 16s performance. Q &A .. and P H direct phone number

Ajw. So tell us what questions you expect from Malcy later and what you expect to learn
And what would disappoint you about PH’s interview

Jrlomax. I wanted to sat that but thought I might get accused by Ajw of deramping.
Hopefully Malcy will ask the right questions.

Ajw. Were have I Ever said there is no oil at west Rustavi, your delusional.
All I did was agree with Simon T regarding the oil produced in Georgia as a whole over the last decades which was correct. Just looking for facts. Tooo much ramping and deramping

What!!! It’s past your bed time. Ya losing it

Papillon. The trouble is anything anyone says can always be spun, ie he went over there to keep out of the way. I’m sure he has been busy and hopefully tomorrow will prove that, but if we don’t get a Rns tomorrow I don’t think we will learn much more from the interview than we currently know which isn’t enough. We need written facts

What’s deramping. Facts. Give me strength. No one is saying there isn’t possibly plenty down there or it can’t be got out or the gas isn’t worth a lot of bucks.
There is toooo much deramping and ramping and not much honesty so hence confusion
Time will tell

Simon T is right re production. Don’t knock facts.
Now they may well be able to produce good flow rates, I notice James hasn’t got back to you yet. Maybe because he knows PH is being interviewed tomorrow
Yes there is gas but it’s all been about the oil upto now

Well I have asked 4times so a 5th time won’t hurt. Re your 9.36 post on the 30th Aug. Did you speak to PH. And re negative. Your dead right I am because who is positive after the lack of communication from the directors. Yes and like a majority on here I believed the spin and have invested heavily, but when Rns’s differ you can tend to lose some trust.
Let’s see what PH comes up with and if he can redeem himself

I see your nibbling at others on here I have filtered. But just because someone disagrees with you or is not too happy with the communication of the company, probably like the ii’s who have invested 12million here doesn’t mean to say they are trying to get the share price down. All we are looking for is clarity. The sooner this gets into the teens at least the better