Member Info for jv123

Sadly all our hopes and optimism are still built on speculation - not facts.

Until the company communicates and provides an update on legal matters, finances, operations and future plans, then nothing changes for me.

Until such time, our shares remain worthless and we have no idea as to whether this will ever change !

I’m trying to be positive but struggling tbh. SN could communicate directly if he so wished, but chooses not to. He slips an odd indirect message to some random SHs as a means to keep us all at arms length. That just ain’t right IMHO.

For the sake of all of us I hope I’m proved wrong with this company but until the we have some formal comms I remain highly sceptical.

Is a 50% finance deal more likely than a complete buyout ?

I am with you on this Erazzel. Some of us have been on this board far longer than those who like to comment a lot and continue to quote the term - real share holders in every message.

Lifeishard - on here since 2020
Looed - since 2019.

Basically since delist.

This is not to say I am unappreciative of Looed comms, but after what we saw re Zaza I guess some of us are a little skeptical or just need more convincing on the source of information or connection to company ?

I was under the impression extraction was ongoing ?

I would like to think this type of discussion/negotiation is already taking place. What else would SN be doing ?

When are we expecting next update. I emailed AT, but no response.

??% agree. I welcome all relevant comms.

I can’t imagine, after all this effort, cost and stress, the bod will give this away for anything less than its value - which would include the money already invested plus what is under the ground. What that means to shareholders - I have no idea.

Hopefully we might find out soon. ??

Happy to contribute. All efforts greatly appreciated.

Looed - I wish I could share your optimism. (:

To help me sleep better at night, could you elaborate further on the positives and consistences within this statement. I’m still seeing politics and games at play here and we still have no clarity on this 1% - I.e who owns it. Also, when I read this I still feel there’s a lack of constructive dialog between State O&G and FRR.

Things still feel fractured and, for me, only a statement from the company will provide confidence and clarity.

FRR have shown to be completely incompetent and untrustworthy- fact.

Other companies seem capable of working with the Georgians- not FRR.

There maybe faults on both sides but right now I have serious reservations and issues with how FRR do business and manage relationships.

SN has a massive job to turn this around - if that’s his goal.

This is the best news we’ve had in a longtime - should settlement conclude of course - which I think it will. It feels like the fighting is being replaced with reasoning -
Always a good sign.

Look forward to see what happens next!

Thanks to those who bring this valued info.

Was Tarabani and Mitsare not part of the south kakheti corridor ?

Personally, I think it’s the sale of Glencores holding - but I hope I’m wrong ??

What’s up Looed - did I offend your biggest fan?

Most shareholders on here want communication direct from the company. You seemed to promote the use of personal email to do this but that’s not the appropriate channel for SH comms. I have asked politely if you would bring this up with whoever you have dealings with, but as yet, you’ve not confirmed whether you have or not ? So answering this question would be more fruitful than calling me a troll !

Just for reference - I have been invested in FRR for 10 years. I have a substantial holding. In future, don’t throw insults at investors who just want answers.

Lifeishard - you’re a fake.

All this mutual appreciation nonsense. Thanks to all - I feel positive - news will flow - good luck to all nonsense. Means f-all.

Don’t know what your game is but I’m highly sceptical.

Lifeishard - are you now acting as Looed PA. Give it a rest will you. Your reply from 2020 has no meaning in todays context so why post it again?

The only reason Looed is mentioned more than others is because he has managed to communicate with FRR in a way no one else has - therefore it seems logical to direct our frustration via Looed back to FRR.

Whether Looed likes it or not - he is in a more privileged position than the rest of us. I didn’t ask for that but that’s what FRR have created through their inappropriate communication process.

There is no one on this chat board that doesn’t want some kind of communication direct from the company so collectively this should be our aim.

Done that many time times toatie - as have many others, with no response. That’s my point - we don’t get acknowledged. Looed, however does and that’s not right imho. I’m not pointing the finger just expressing my opinion on a situation that clearly isn’t working for all shareholders. Comms should not be for a select few, but for all invested here.

If Looed has the ear of certain individuals within the FRR closed circle then I would ask him to escalate this issue. We all deserve to be in the loop.

If others choose a different route (knocking on doors, using the media ) then they should not be criticised. We have been ignored far too long! Pressure should be applied.

Looed stated - “ I know the people who contacted the judge did it with good intent, but that action was damaging to the company and to the relations that some of us had been steadily building with them. I got a verbal slap in the face (I can still feel the mark!) and I had to share a very terse message from the company with you all. If I recall correctly, that was the last significant message we got from the company”

Looed - why not return the verbal slap if your relationship is that close. We are shareholders, not school children. They r the ones who have f-Ckd up, not us. We are living with the consequences of their naivety and poor judgement - so feed that back and ask them to show us respect by putting us in the loop and keep us informed.

Enough of this “let’s not upset them” nonsense.

If what you say is fact Looed, I am still perplexed as to why FRR choose to alienate shareholders rather than bring them onboard? When you do not communicate then you run the risk of escalating the levels of frustration. This leads to exactly where we are today!!

Shareholders are many and as far as I can recall, you were not made an FRR appointed spokesperson for all of us, however you act like you are ! If we are to follow your suggestion, basically we all remain silent until the court cases play out, which at best is next summer. In the meantime we do nothing ?

There is something not right here !!!

I see no reason why the company cannot communicate to all shareholders,through the appropriate channels, outlining what is happening! Basic level info. We may know most of it already but that’s irrelevant - the important point is the communication itself.

If they continue to remain silent then I will remain very suspicious as to why that is and those who outwardly defend this course of action.