Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
looks like the are agreeing on it and setting some conditions.
depends whether you were shorting.
IMO now is the time to go long and therefore my opinion is a strong buy.
Thanks SRBS - I saw that - wondering if there are already seismic done here? so we just need to buy them? or we need to do our own seismic? what area will that be? how long does it take? when we are likely to restart drilling? 1mont? 2 months? 3months?
i would have thought 6 weeks? minimum?
So any ideas of what kind of timeline we looking at restarting Basur?
how long for the 2d Survey? analysis of the data etc?
15:27:27 0.145 83,166,417 120.59k O
15:27:25 0.1449 83,166,417 120.51k O
someone sold big before news and i recall that was inthe region of 100k£ + and now these two buys? interesting. news expected soon?
2x 120k buys now gone through. oil out of the bag? when they got the fishing drill??
£114.79k Buy x 2?
ha ha ha - talkign about why they raised money and why is the share price so low bla bla - nothign to do with the case. lol
of Georgia;
Geological and ecological study of the area;
Exploration and exploration of oil and gas fields;
Commissioning;
The license was issued from August 27, 1997 to August 27, 2022 and allows the above-mentioned operations to be carried out in Dedoplistskaro, Sighnaghi, Sagarejo, Gurjaani, Marneuli and Gardabani (geological area on the plan - 5060 (five thousand sixty) square meters).
Since 2013, following in the footsteps of the state's political course, Frontera, as an American investment, has suffered the greatest material damage, and this time it has turned to Green Capital for assistance and investment. Green Capital Ltd. has invested millions of dollars.
On April 25, 2018, a crude oil purchase agreement was signed between the plaintiff - Green Capital Ltd. and the defendant - Frontera Resources Georgia Corporation Georgia Branch Ltd. Green Capital Ltd. made several payments under the agreement, totaling the equivalent of $ 5,800,000 in GEL, however, the seller did not fulfill its contractual obligation and did not supply the subject of the purchase agreement - crude oil.
On March 31, 2021, the claimant was fully satisfied with the claim, on the same day the decision entered into force and an writ of execution was issued. Frontera fully acknowledged and agreed to Green Capital's claim. The claim of the plaintiff arising from the purchase agreement of April 25, 2018 was lawful, substantiated and this became the basis for its full satisfaction by the court.
According to the decision of Tbilisi City Court of March 31, 2021:
The claim of Green Capital Ltd is fully satisfied
Order Frontera Resources Georgia Corporation in favor of the plaintiff Green Capital LLC 5,800,000 (five million
Green Capital "and the operating company" Frontera Eastern Georgia "appeal to the US Ambassador and the Diplomatic Corps to petition the Government of Georgia for a peaceful settlement of the dispute (R)
Green Capital and Operating Company Frontera Eastern Georgia appeal to US Ambassador and Diplomatic Corps to petition the Government of Georgia for a peaceful settlement (R)
The Embassy of the United States of America in Georgia and Her Excellency Ms. Kelly Degnan
The Head of the EU Delegation to Georgia, His Excellency Mr. Karl Hartzel
Diplomatic Corps accredited in Georgia
To the Government of Georgia
Giorgi Kishmaria is the lawyer of Green Capital Ltd SC 402052372
"Frontera Eastern Georgia" Ltd S / N 204905674 Lawyer Giorgi Kishmaria
Appeal
First of all, we reaffirm our respect and thank you for your support of our country, as well as for your significant contribution and support to the political and economic development of Georgia.
Your Excellency, we have your concerns and focus on issues such as the investment environment in Georgia and its present day. Were it not for the special nature of the dispute and its severity, we really would not have had to appeal to you. The issue concerns the environment that is extremely damaging to American and European investment in Georgia, which is reflected in one well-known case that we will discuss below.
Please be informed that in accordance with the agreement between Frontera Resources Georgia Corporation (CR-72227 / USA /) on the distribution of products and the study of the processing plant, which was concluded on June 24, 1997 between him and the state company Saknavtob , Had the exclusive right to conduct oil and gas operations on the territory of Georgia. Frontera, as an American company through its subsidiary and operating company - Frontera Eastern Georgia Ltd., has been conducting oil and gas operations since 1997. Frontera Resources Georgia Corporation was awarded the status of "Investor" on June 24, 1997 under the Product Sharing Agreement. As an "investor", he founded "Operating Company" - "Frontera Eastern Georgia" Ltd (s / n 204905674), whose founding partners were "Frontera Resources Georgia Corporation" and the state-owned treasury company "Saknavtobi". Until March 31, 2021, Frontera Resources Georgia Corporation was the 50% owner of the company and the 50% owner of the Oil and Gas Corporation. "Operating Company" won the international tender announced by the Ministry of Environment and Natural Resources Protection of Georgia in 1997 and on November 17 of the same year was awarded a license to use oil and gas resources, which gave it the exclusive right to conduct oil and gas operations in Georgia.
According to the subsoil exploitation license issued on November 17, 1997, Frontera Eastern Georgia Ltd has the right to carry out the following operations:
Restoration and increase of extraction of oil and gas fields on the 12th block of the territory o
.20 next week.
or viceversa id say
where has everyone gone
….
nice buys coming in now - looks like its going to go up today.
Good luck all.
? and result when expected?
Hmmm looks like BLOCK has also been doing some fiddling/corrupt stuff from the rns today.
Latest time and date for receipt of completed Application Forms and
payment in full under the Open Offer or settlement of relevant CREST
instruction (as appropriate
11.00 a.m. on 26 July 2021
Allocation of Excess Shares to Qualifying Shareholders 26 July 2021
Results of Open Offer announced through an RIS 26 July 2021
Admission and commencement of dealings in the Open Offer Shares 27 July 2021
Open Offer Shares credited to CREST stock accounts 27 July 2021
Eid for some was on 21st.