Member Info for erazzel

So, after consolidation (normal 100/1, 100/1) the SP should be 36p.

To this end we must gain closure.

IMO this is probably not as draconian as some may feel, think or even try and persuade.

5% RPA at 35mln to gain 1 year hold for dealings and using courts to naviagte.

Therefore new company if debt 100% carried equates to 35/5 *100 = circa $700 mln MCap.

MCap/ Shares will give you a rough idea of SP to be declared on new valuation.

IMO you will get about 3.6p - 4p

Thats a good xmas when your not allowed to visit family and friends eh!

If you are concerned ask your broker for the certificates, you won’t get any!!!

The lights are still on, for at least another 7 years!!!

Expect an IPO tranche 2 scenario for mayor listing!

Of course I could be wrong. Watch Tethys go $60... I could be wrong.

Invested in distressed companies is exactly that, a slow but rewarding process if you have the patience.

The GG are wary of the timing here as the currency fx will change and could destabilise the economy in other industries. Sovereign wealth for Georgia through energy independence, best be invested accordingly or your bets may go against you.

I really don’t see why we are fretting at all.

Ok they only gave 7 year licence for now to collect.

However, they terms of the PSA are that to move from exploration to production you must hand back areas that are not identified and tested!

Wells then get shut in or coincide with flaring.

Reserves get booked and P1, P2 and so on.

New CPR

That said, SN and ZM have either passed personss as l shares for guarantor or used head room for shares.

Don’t be surprised If Outrider have increased loans here with caveat.

I believe the apI’s are aligned alike SN & ZM.

Wait for the golden egg guys. Not long now

What is the other option for settlement PJohn. You have to work with the regulation framework here.

If Outriders shares increase then ZM/ SN have simply handed over their shares for settlement.

We shall be fine. IMO

Steve Nicandros is not short of money

Fund % short change Date changed
Key Group Holdings (Cayman), Ltd. 0.79% -0.01% 14 Aug 2020
Marshall Wace LLP 1.19% -0.10% 7 Oct 2020
ODEY ASSET MANAGEMENT LLP 1.79% 0.20% 29 Apr 2020
Pictet Asset Management Ltd 1.36% 0.09% 5 Oct 2020
Värde Partners Europe Limited 2.85% 0.15% 16 Jun 2020
Whitebox Advisors LLC 0.54% 0.22% 20 Oct 2020
Total 8.52%

TSX. which means if you get a certificate it will cost a fortune to pay CAD premiuim.

ANd then theres fees to pay every month with II if you use them.

did someone step in something?

Awful smell

if you are clever enough, you could even then write of the original investment on your yearly submissions.......

#Jussaying

“You have to take something from the passion of the pursuit and the money we put behind it,” he said. “Look at an old friend in Texas, George Mitchell. It took him almost 25 years to figure out how to tap the Barnett shale."

GeoDave said the geology was important here.

Im still seeing value in the corridor of the black sea shelf.

Shah Deniz is quite big, but its not the source........

Drum roll please...... cue for Starage

more than likely SN/ ZM have passed over shares here or the old companies have liquidated and the debt with it.

Otherwise its all for good reason and new terms implied going forward with new off shoots.

Hail Bill White!

Back to twiddling thumbs.

Ooopsi, what are your thoughts please on the change of shareholders?

Looed, what are your thoughts please (or anyone else) on the change of shareholders?

Simples, its to avoid liabilities.

Tightened.

His son is not so well since leaving Russia....