Member Info for Dulwichman

Zibs
Agree with your view the whole thing is bigger than our little problems.
For what is worth with this latest release of information over over Uncle Sams activities in public I would suspect that is even more pressure going on behind the scenes. The Potus does not like military intervention but does like the power of both threats and the dollar

Completely agree with Pryo's thoughts I would also welcome views from others over should China be added to the mix? I hope not as it does seem uncle Sam is pulling out the stops and it could get a bit messy

Regdik Your synopses is certainly very plausible thus it goes into the "possibility box" as far as I am concerned (along with many others. There is one thing which I think is often left out which is Zaza's past wishes that in effect the gas is is to be left in some shape or form to the super majors and that we go for the oil ourselves. - Things are so complicated for me at least I can not see a way through to Zaza's vision over the oil. I can only presume that in Zaza's thinking this alos had many knock on effects including any negotiations that may or may not have or indeed are still taking place. For the life of me I can no longer see us in a position to go for the oil ourselves so whilst if we survive the oil is certainly worth a substantial value and hopefully therefore some value to our selves. This may mean that a lot of the past planning and or negotiations are no longer valid and need to start again. Perhaps some this may explain a lot in terms of delaying tactics and of course no communication's ? I think we call agree that any negotiations on the scale we are aware of take a considerable length of time even if it is high up on the to do list mainly thanks to the legal stuff in terms on contacts etc and of course oil is not as high a priority as the gas ( but still important due to low cost and high quality)
Just my muse for the afternoon and of course could all be guesswork on my behalf.
I am still a half full man as it is not over until the fat lady sings. By all means pull my muse apart!

Conta Not wishing to put cold water on your view over BP putting a war chest together as in fact I agree with you especially as it looks like interest rates will remain low (if not lower) given some of the comments recently from central bankers. However this has been the style of Bob Dudley and his previous colleagues but with the new guy I expect alredy having greater influence he may have an eye on other things in terms of looking to the future/ It appears that BP's recent investment in solar energy is really paying off and is part of the future. Personally I think it a little early for BP to start really spending on solar as they have the abilty and I expect the wish to get a lot more research in that area but BP do have quite a lot of debt compared to the other super majors and some of the war chest may be used to pay down.
At the end of the day though there will still be a huge demand for gas for the foreseeable future and as you quite rightly say the gas is in the right pale and is of good quality. I still have the view that when you are as big as BP you tend to get what you want it just may not as big an investment as we want as they basically can still spend what they want as long as they can see a profit.

A "Neb" will be the bottle size of the fizzy stuff I Wil drink if this ever come good. mind you I would prefer a Melchizedek but I have never seen one!

Do the Japanese have a problem with Knotweed?

Well we may as well learn something whilst we wait!
Thankfully it is not "sharon" not convinced I can learn a lot from her!! - You need to keep up with the news to understand this one

The Silent K
By Sharon

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One common spelling error is omitting the K at the beginning of words where it is silent (example: nick-nack instead of knick-knack). The origins of silent K are difficult to pin down. What we do know is that the k wasn’t always silent, especially in words of Germanic origin. Just as it is in German, the k was actually pronounced and many of the words which now have silent k originally began with that distinctive clicking sound. My high school teacher made a point of this when teaching us Chaucer.

However, some time after the Chaucerian era, the k sound disappeared from the kn combination. There is speculation that it suddenly became hard to pronounce, and was just one of many linguistic changes after the Great Vowel Shift. I haven’t found any corroboration for this theory.

Billion- trillion -Dollars -UK Pounds who cares?

Rainbow
You should count yourself lucky - Down here in the smoke you can spend six drinking vouchers as pint and that is is for gnats piXX water if you go to the wrong watering hole.

oopsi

As per a previous post a contact within BP passed a general comment and other thjan the two of them going to the region which has been public for a few days. and bearing in mind he wants to keep his job! his comment s may be of some use. Bob Dudley was very much a steady the ship type of person and this served Bp well after the deep water horizon incident. Bernard is a different kettle of fish and is very dynamic and more of an action man. He also raised the point that Bp 's outlook his very much on track.
I think this bodes well

Thanks Ivy
Well My own area of interest largely on the geo-polit side of things. which is not of direct interest other than we have clearly played some part in our lobbing of Uncle Sam, however it really is of great importance to the super majors. It seems that with this latest announcement that Georgia itself has made its decision that it wants to face west and more importantly the West has acceptee that Georgia is is firm in its position. This will give confidence to the Super majors as to if they want to invest in not only the counties infra structure but in its assets as well ( On paper they could make money out of either or both) Key to this is not only their expertise in the oil and gas as a commodity etc but perhaps more importantly their capability in the area of project management ( many other large corporates could lean from them) Let us not forget that the infra structure is a major part of the whole project to allow it to come to fruition.

This latest announcement between Uncle Sam and the Georgian government suggest very strongly to me that whoever does it - the gas certainly and the oil maybe will be coming out of the ground into the Commercial market place. All that is left is will it be us who gains from it? If those super sleuths have got it right along with the correct interpretation turns out to be the legal outcome ( Thanks Ivy) then it really does look as though this CAN come good to all our benefit ( well leaving the shorters out I suppose )

A very merry Christmas to you all I all be on the egg nogg for a while but will look in

A very special thanks to all those who have gone the extra mile to both dig the information out and for being bold but careful in its interpretation. Many of us owe you our sanity.

Have a good one.

Many thanks for the clear information Devon. Clarity is the one thing we all crave for in this little investment!
Just for the record I personally would like to thank all those who have been involved in FSHG and of course the previous database and communications on our behalf. It is a lot more work than some people think and I am more than hopeful that in the near future it will be back in action and getting good positive information back from the Company in the near future and representing us to the Company in a firm but polite way for all our benefits, as it may or may not happen that we relist.

Many thanks and have a Happy Christmas to those guys and of course to all our super sleuths. Lets hope Father Christmas has some thing for us even if delivered after Christmas - well we are used to being late on things here!

Who knows even Mr Mole may well wake up in the New Year!

Thanks

Coggs and one and all
Been on the eggnog but have had a quick look at the Molsdovia situation but not in any depth. It is clear that the Moldovian Gov situation is very unstable. What I have gleaned in simple terms is that that Russia has been playing the long game and have been supporting the socialist left with various legal challenges to the legitimacy of the Governmental arrangements ( remind you of anything in the UK?) I would be very careful as to the legitimacy of any correct news sources at present on a day to day basis. On paper the Government is fully functional and providing the normal commentary on present actions - similar to dot gov dot uk but some news is suggesting that everything has been privatised (?) The Courts have interfered to The police are refusing to let the so called new people as government minsters take over their offices(?) Clearly something is going over there.
I would suggest that we all just put this on the back burner as we have bigger bottles of eggnog to drink ( Hic) and of course this is all out of our control. Unless their is a Russian invasion (which I doubt) I would say that this can all wait until we have resolved all other issues which look like will be just after the end of the eggnog season- after all we do not have any money to do anything other than watch as we all unfortunately know.

Wish i could afford something more that eggnog as it is getting boring.

With regard to all other matters it seems this board is going up and down more than a tarts knickers at present in terms of sentiment but for what it is worth I still remain positive especially looking at the external factors BP are certainly increasing their activity in the wider area and a source of mine would suggest that after all of the good work that Bod Dudley has done with BP the new guy is shall we say a little more dynamic who knows?

I am now for the first time in along while I fell positive about the surviabilty of the Company. To get to this point I really must thank all of the super sleuths for there intense work and objective and honest reporting. As Regdik has stated NIL communication is never good but we may well find out in the future when communications re open but of course if my feeling is right it will not matter anyway- all we can say is that there is a reason for it and given our most recent period of sleuthing looks like like it may all be worthwhile.

For the first time we can start guessing what the future may be so ican only surmise that in simple terms it will fall into one of two categories. That being A) a smallish investment to allow the lights to be kept on and immediate bills paid. Whilst the Company seek a number of options for the big stuff to happen this could be a buy out JV or what ever but this may be some time away as they take for ever to put together and mad even worse in terms of time if two major investors what to share the burden on what is a huge asset as far as we believe. I would like to think that if it is this option fairly soon this will be officially communicated -sadly this will mean a lot more jam tomorrow for us PI's but at least we will know were we stand.
Option B) is what we would all like which is any sort of arrangement with the big boys - I still hold the view that much of this work has already been done and only needs topping and tailing and again thanks to the sleuths we do know that the pressure on the Georgian Government from both uncle Sam ( Mainly) and the EU which really does not seem to have been very active but is in itself is under pressure from Uncle Sam to get on with looking after itself and in our case reduce its reliance of Russian energy and of course the internal pressure of the Georgian Gov re membership of Nato and its desire to have a better economy.
I have assumed that we have stabilised the ownerships/ etc given the recent information and as kickmuck so aptly put the rest is just fluff! so perhaps it is time to let a little dust settle as to if it ends up being option A or B at this stage I do not care as I am an investor - All the time the Comany is alive things can happen and it looks like we are in a better place than we were.
As far as any communication goes I completely agree with Regdik - a simple one liner to say the lights are still on is more trouble than it is worth as there is still much work to do. I would think any communication will be about financial matters and I would think not including any of the mistakes of the past!
Lastly I can only repeat I do not think we will not get a Christmas present but may be not far off - of course I would like one but I would like the Company to succeed even more

Thanks to all who have sleuthed and kept some of us sane. as for the shorters well vengeance is a meal served up cold! I feel that the meal is still warm at present but is cooling fas

Now you are talking. Port and Bendicks may be a bit of good cheese and of course a real fire/ Good set up for Boxing day visit to the Hunt meet!

Thank god the that a bit of humour has come back to this board. Quite like to good old days when some of the fools where not around/ I learnt quite a lot of techie stuff ( well enough to understand that techie stuff can be overcome without blowing the wells complete at least. I might have a go a writing about 30 year old Russian cementation that was meant for oil rather than the high pressures of gas. !

Coggs taken in the way it was meant and thanks Prod for pulling him up. he needs it at times but he is a good man.

Anybody know when a certain bloody book on investing is going to be updated. I am sure there will be a chapter on PATIENTS but what will the other chapters be? suggestions on a post card please (or on here) as we must keep the fun going.

Any body tried Georgian wine yet ? it all helps

EK
I would agree that Georgia is not about to join NATO in the near future BUT they are moving in that direction. WE may glen more after this NATO conference, but what is clear that the process to join NATO is now a matter of process as opposed "where do I sign?" the first question is "Can Georgia afford to contribute 25 of GDP? ! I would doubt it at present. add to that is the present Government willing to pay it - two different things as it has many expensive things to do sat home which include keeping in power in an unstable region so it is a bit of a way off as far as NATO goes BUT it is aslo clear that it is on a pathway and with various forms of help from Uncle SAM and others. both in terms of military protection (and the UK should be helping more but does not have the resources and it should do as in both cases as things progress Georgia has its own resources outside gas and oil and could become a good trading nation. Some people laughed when zaza was seen at Georgian wine **** up but it all helps in increasing GDP so 2% can be achieved, I am sure that will see a lot more overall inward investment and greater exports in the near future - Remember from what we all can see these are all strategic goals without in this post to go into any details. It is the direction of travel that is important ( God I am sounding like a CEO with an MBA!) Of course with other matters that could take place and we do know that GAS is high up on the agenda both for Uncle Sam AND the EU this is the super charger for the Georgian GDP possible speeding up NATO membership with all other things being equal. I would strongly suggest that the Georgian Government really is under a extreme pressure to make things as easy as possible as a pathway leading to Nato membership- remember that Nato is a political organisation as well as military so it not all about boots on the ground in Georgia from the "mutual support of Nato/s military capability" is membership is supposed to give that in an implied way as part of membership but Geogia could be very useful in providing support when it is capable for both Nato and the UN peacekeepers thus saving people like us to do the heavy lifting if required ( hence our new aircraft carrier) It is all part of a very big and maybe at times slow push from the west. With a bit of luck we will benefit.

Hi Prod.
Just to add to your comments.
I remember having a chat with tim from then yellow jersey on the fact that he was advising Zaza NOT to look at the message boards - apparently Zaza was very frustrated with both the nay sayers and the shorters and the fact that there was a lot he could not say but wanted to. This was made worse for at one of the meetings a particularly disruptive person goaded Zaza into going a little further than perhaps he should have done in trying to both helpful and positive- this resulted in a complaint going to the regulatory authorities if I remember correctly- this was set up by a well known shorter as I remember, and designed to cause trouble for personal gain either as an individual or as representative of an organisation. I also seem to remember that There was some talk of the Company seeking legal advice against that person for possible action. As we all know whilst the law/regulation says one thing, it is not always wise to take such action due to the bigger consequences of a negative nature against the Company in the longer term. We all know that Zaza only called one more public meeting after that and did not hang around afterwards for a drink. We can only guess as to the reasons why but I know I would have reacted.
Your sentence beginning " But put yourself etc" I fully support it just makes common sense.
For the nay sayers/ shorters on here My own view is that a part of our problems of lack of communications is as a result of at least one of your past actions from a CEO who was trying to communicate with his investors in a helpful way. Thanks for nothing chaps. you may have one that little battle but us investors in this to win the war.
As has been said before a lot of this legal stuff etc ( By kick muck I think) is fluff. perhaps a little more than what was expected but the O&G business at our level can be a very dirty game and from hat I can see the lights are still on. Many would have fallen by now and WE HAVE NOT!