Coggy....just reread your post lol. Yes ....getting in real early ... 80p or more a share...ouch. I feel what you've said is relative to the amount of time you've been here, and what has happened during those years. But I am saying it more from a future perspective of when Frontera's SP is much higher, relative to the average sp of our frontera shares now.........and £ 4K won't buy you anything like a million shares, like it will now.....and it's not far off in my view. Glad I'm sitting back fully loaded.....that's all I can say.
Dream come true if Fronterra bought out ? .....maybe not ! We could always have got more. Some of our larger pi's wouldn't be happy with the price that the majority of pi's would accept on a vote.
For me the biggest scenario is block 12 being sold. Unlikely....but can't be ruled out. I believe it could happen, but the likelihood is low. If all that was stopping majors piling into Georgia was the politics, defence stability,and unfair trading practices.......then it could be happening. Depends if Exxon want to share the pie ?
A methodical step by step jv/Jo/farm out, has got to be more likely. Though of course that would make a complete takeover messy, and virtually impossible once we sign off more than one area of B12 to majors. So if the lot gets sold.....it will have to be now. IMO.
Rainbow....that's exactly why it's going to be a joint venture, or joint Ops. They can do it without our approval. We will all be happy, because it will be a major driving this on. Zaza and Steve create a ftse company....no more Aim ! We prove up basin edge, etc...and Moldova - another BIG ONE !!! Plus ....of course , we all got in early, so we're laughing :-)))
Did anyone ask at the meeting where our oil rig was off to ? Has it drilled somewhere we don't know about ? Is it on hire to Exxon ?
Interesting how the barrel numbers have increased in those calcs just recently. Could be they've opened up the chokes to see what happens ? .....or the above. So many possibilities. Hopefully the deal is close, and we get some answers soon.
Now that for a short while they are unable to cause a problem........is this the time to make the announcement. Before they wriggle free....I feel Monday approaching. I could be way off.....but I sense some urgency here on Zaza's part. Hope I'm right......after a long weekend....this could be it ! Fingers crossed.
007/apple......I think it's Mamuka Bakhtadze coming over here in Feb this year that I was thinking of. When he was finance minister. Not sure what meetings he had other than EBRD. (* there's a nice video of him being interviewed on Bloomberg Feb 2018, during visit.)
Mick.....they can be in competition with each other now.....but will be working together later....for sure. They have to. Connecting to pipelines, both working with us ? It would have to be a happy working relationship between all parties for a deal to go through. Is the second super major actually holding up the first due to Georgians wanting a good fit. Interesting Zaza saying GG dragging their feet. I wonder what that was all about.