The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
At this current moment in time I think most of the board would be happy with 1p a share
Hi oopsi, great find however the '***' after FRR stands for debt information secured from Schedule's, declarations and other filings and secured amount not provided at this time. Atleast we know what the ball park figure is, can't remember what number Starrage was throwing around now.
Everyone knows China is lying out of their arse to save face. Typical communist country
Keep up the good work Looed - Much appreciated right now
It's exactly the same as it was in May 2019 - according to the way back when machine.
By lunatics i assume you mean professional experts who have studied and trained for such events like these for years. No offense but I think i'd rather have them running the show than your armchair criticisms Rainbowrider!
Looks same old same old. No BP logos sadly!
usually pay fees yearly, so on the assumption they paid up last time it must be something else?
Interesting to see that we supposedly lost the moldova psa....Don't believe I saw that officially anywhere? Recall seeing there was complaints about the lack of activity a long while ago.
Also 'the territory under licensing is too large and encompasses lands not meant to be used for extraction' how is that FRR's fault? Did the Georgian government not allocate the block boundaries...
any speculation on approved 'Application for drilling a second pipe on the XII license block'? probably referencing a side track?
save you scrolling through a 1000 page document*
I found 1 reference page 192 (this is the full paragraph) Under the subheading of 'Economic Policy Development and Implementation' The whole document is dated 24/05/2019 for context.
'Approved: 2 applications from Georgia Oil and Gas Limited LLC for magnetotellic works To perform XIM, XIN, XIG, VIII and XIC license blocks; Schlumberger Rustaveli Oil Ltd Company's application for borehole drilling on the XIB license block; Ltd. Frontera Eastern Georgia -Application for drilling a second pipe on the XII license block; Kura Basin Operating Ltd company's application for major overhaul on the XIE License Block And in the Ninotsminda area; 3 applications from Norio Operating Company LLC Overhaul the XIC license block; Norio Operating Company Ltd Application for drilling a second pipe on the XIF license block; '
Looed or anyone else who is doing some investigative searching if you press 'crtl+f' in most browsers it opens a search bar within the webpage/document. So you can just type 'frr' or 'Frontera' like i did to instantly find those words within it - to save you scrolling for who 1000 page document.
If true, wasn't it also said that FRR was in fact the ones who delayed the arbitration through various means and also the same can be said about Hope saga? I'm not sure I entirely buy that theory personally. Also as also stated why help FRR move the asset in the first place
Hope you're right gipps! How do we skip March out this year ??
If we get what we would consider a successful outcome in the arbitration and even if the arbitration says to the Georgian government sod off entirely. The GG can still turn round afterwards and say you only have 7 years left (or was it 5 I can't remember) on the PSA? Zaza stated getting that extension was fairly integral to getting a large investment. This would give the GG good leverage against FRR in any kind of settlement prior to the arbitration decision and possibly why the talks broke down. GG could wait for a possible 'win' in arbitration and then if that fails still have the extension negotiation to fall back on afterwards to twist FRR's arm into something more favourable for them?
Just a random thought I had this morning. Hopefully entirely wrong, happy to be told so!
That has been on going since 2014! Let's hope this gets sorted out before the arbitration decision
Jesus that was a read, slightly alarming and gives a bit more clarity on the Grouch statement. I truly. Hope the arbitration panel guy is truly neutral and Georgia do Infact abide by the ruling.
'Bidzina Ivanishvili was ordered to attack the Frontera in Georgia' does not sound like it has been a smooth bump free ride for FRR at all. Hopefully uncle Sam has swapped out FRR's poor dog for a Grey hound for the final stretch
You just called people deluded and tools and now you're trying to take the moral high ground. What a hypocrital fool.
Come to terms with losing his money but still comes on here to post about it. Stop with bs minden.
Any guesses as to where they have got this figure from? Seeing as supposedly only taken 60 million in total from O&G since frr have been in Georgia.