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Deloittes are dealing with the 5% of the 1% that was left for the vultures to scrap over, so nothing that’s going to effect the outcome of the 95% of the 100% of the 1% simples
A lot of negativity today over the 1% yet this is the only area we’ve ever worked, so the 12tcf and the 202tcf figures are all from data from the 1%
So ias these are the figures are for the 1% , we don’t need the other 99%
Would much rather sell to BP-Shell BHGE i doubt Block would have the money for such a valuable asset, and could possibly be out of the frying pan and into the fryer with them.
I was under the impression there is oil & Gas flowing so a revenue is going somewhere, hopefully not still going to Zaza, and was also thinking once producing O&G licences automatically renewed.
If YA illegally forward sold shares, I’m surprised they’d want to be anywhere near a Courtroom.
Yes still here, let the end game commence and make us all wealthy
It’s streaming, but on another case. I thought she had no other cases today ?
Thanks however brought the CC to light, I’m amazed that so far I’ve heard no mention of shareholders or BHGE & BP with signed NDA’s in place, in the data room, feet on the ground testing wells, was this all real ? SN certainly has a incompetent charge to answer £2m of oil stay in drums, he’s obviously to much money, he must be aware of flow rates and what roughly should be for sale at all times. Zaza was definitely doing a Hope, question is was SN trying the same trick ? He sure looks like a man answering every question carefully, GG must be ****ed off if Zaza sold some oil off, he’s brown envelope’d the wrong person. Rock on Tuesday, see what he has to say for himself.
I would say perfectly acceptable to send the email, I’m sure they’re well aware of what’s being said in here, but nothing wrong with asking for clarity, even if you get no reply, seems strange that every time the mood on the boards, take a very low mood, a new poster pops up, with some revitalising news that brings the mood back up, behind the scenes looks very busy.
Maybe if the GG were to release the document, it would expose the deal on the table, which is maybe, not water tight at this time, and the GG would then try to deal up other SM’s by exposing this deal. JAT
I can only imagine the reason for this is, the joint statement will not just clear up the arbitration, it will also contain deal done information,BP buyout at £30B and FRR to receive £15B not an out come the GG want, but probably the deal on the table.
Can’t believe we've gone from £10B deal and 69p a share, to silence, its deafening, ruskies must have got to the Jurno, so long as they haven’t got to the gas, looks like just another day at the funny farm.
As for that claim to victory, i think would be more to do with last throw of the dice, and a bigger piece of pie than they’ve been awarded, probably ivanishvili in the background insisting they try to stop any deals being done, except for one with a Russian connection
The best possible way the GG could show there people how successful they’ve been, would be to have a deal signed with BP, being the name they can stick on a flag to claim success in taking the country forward, and a very prosperous looking future, surely that would be a vote winner, rather than throwing stones around claiming to have beat a company, that most Georgians have never heard of.
With what’s been put out there trillions of cf of gas, I would class a low offer as £580m even at this I would feel like we’ve all been robbed, but time will tell.
Propaganda machine at full throttle trying to discredit FRR, 580m invested, and Putin doesn’t want it under US control, he knows how big it is, and can only be a bad thing for Russia, another supplier to Europe will only dilute his supply customers. Ivanishvili is fighting Putin’s corner and the GG don’t fear the US as pretty straight players, more worried about Russia and a novichoch incident, so plenty of misinformation in that article.
Whatever happens here, £580m has been invested, GG has been obvious in its attempts at restricting FRR getting there teeth into producing and confirming assets, so at the absolute minimum, arbitration should see our investment back. Problem will be if we get anything back, we then have proved our case, which may lead to more claims or maybe they’ll just try and pay the £3.5b we’ve claimed at arbitration, with a clause that we have no recourse to ask for more ?
Nothing to worry about here, crashing markets will not affect to much here, in-fact the SM May be pushing the GG to sort this mess out quick, they’ll see this as an opportune time to buy in whilst prices are super low, obviously everything has its price on the day, but I’m sure in valuing this asset, historical prices will also play its part.
Referring to the Big Boys, US Congressman may fall into this catergory, they seem to have took a good interest in the future health of this company, and from recollection MP’s figures were on the very conservative side, so looking at all the interest and fighting, £50B should be the starting point, not a figure to be scared of discussing. Zaza is no fool and won’t have come this far to sell up short. SM’s don’t have to buy the whole company out, we want them involved, as much as they want to be involved so no reason a deal can’t be worked out, none of this will be guesswork, not how business works, proved resources, and historic values worked on percentage, so nobody is kidding anybody of the value here.
Coming our way soon, did MP’s figures amount to £3.54 per share, based on 30tcf being proved 16b plus shares in issue, works out at over £50B so fingers crossed, SOCAR have got to prefer the USA to VLAD.