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They have not received a salary for 11 months, nor have they protested the extension of their employment. According to them, the company dismissed their punitive measures together. Oil exploration work is being carried out on the territory of Georgia. Licensed Georgians conduct search and extraction work internationally Tendered Investor Companies That Have State-of-the-Art Product Distribution Agreements Georgian Oil and Gas Corporation as a National Petroleum Company Partnering with Operating Companies Plans Operations to Supervise and Control Domestic Activities SST is amoqebul imported oil products Heavenly consumption of 11 tons more than in the year in Georgia oil average annual production of 46 hands-person thousand tons in the week palette articles prepared by one of the locations in the production volume of consumption, compared with a meager looks, but it does not lose the other companies in the interest of the residents Lo Oil gained the confidence to build more effective and some even from year to year practically exploration works Sergey Naryshkin

Am I right in thinking, Arbitration started before the new drilling came on? Before Dustin was working for us? Before a bit turned in UD2? If so, then this has nothing to do with what may be down there...

Former Frontera employees say they will not allow the company to continue working until payroll arrears
15:02, 03.02.2020

Former employees of Georgian Oil Company Frontera Western Georgia met with representatives of Georgian trade unions in Dedoplistskaro.

At the meeting they discussed their debts and future action plan. The issue of proper and impartial information of the society was also emphasized. In this regard, former employees of the company plan to hold permanent shares.

Employees of the oil company also objected to the contents of letters from US congressmen, which said the company had been disrupted . As they say, it is misinformation and misinterpretation of the fact.

“The Georgian government does not hinder American companies from doing business, but on the contrary, it does its best. This is a proof that the company has been operating in Georgia smoothly since 1997, ”say former employees of the company.

According to them, the company will not be allowed to extract oil and continue working in Dedoplistskaro until the payroll arrears are paid.

The state's dispute with Frontera has begun in international arbitration. The 11-month debt of 84 employees of Frontera Company amounts to a million GEL. Former employees have already filed a lawsuit seeking compensation against the company.

To be honest, I ain't got a clue, but what do I know? My shareholding has gone from thousands of pounds to 0p. Who knows what Zazas sone is upto?

I'm thinking we are well and truly screwed. My original hunch, Zaza and Nic were selling their shares undercover (2million seller) Managed to recoupe some of their money knowing what was coming... Court cases were just a bit of noise, very true as the real danger was the Government taking control. Cairns found out what was happening and had to remove itself from the equation. (Unoffical director sales) Am I right? Am I wrong? We will probably never get to know the truth. Thats several thousand I am not going to see again, drop in the ocean compared to some holdings in here.

Am I right in saying , what we see in the video is actually a Gas well head? Or is that an oil well head?

I would be happy wit ha penny at the moment, but it needs to come back in the next 2 months, otherwise I will put the holiday on hold and take 1.5p in June!

Calm down, FRR have not got 5TCM, their may be 5TCM in the ground, but yet, Frontera have not been able to get it out. Until they talk to us, I cannot see anything happening here. I would not be surprised if there is currently no work going on in block 12. Anyone maanged to get hold of someone from the Shareholders group? Have they managed to get any info from Frotera? Or Malcy the oil man? Someone must know something, there is usually always a leak of somesort, cant believe no one knows anything...

Has the Group tried to make contact recently? Has anyone tried to get hold of the pieman? Malcom Graham Wood? Im sure I recall someone saying all coms would be done through the FSHG?

True, however, there are limits on a CFD and they usually have to be backed by 50% of the short in cash. So not really a viable way of shorting a stock in the way people seem to think Frontera has been shorted. As I said, I name my key suspects. I am sure Cairn could back up some of this, but I think they need to keep quiet as it happend on their watch.

I did not miss out Hope, I honestly dont think he would be interested in shorting the stock. Outrider has done its job well at Frontera. (Not to the benefit of FRR shareholders) Outrider has made a bucket load of cash from Frontera. And as they say, Outrider seeks consensual restructurings where possible, but pursues active litigation and bankruptcy processes where necessary to obtain fair recoveries for our investors.

From all I have read on here, I dont think everyone understands what shorting a share is. (No names mentioned) However, as a rule it goes like this. You borrow shares from a broker, Once you have borrowed the shares, you pay a borrowers fee to the broker, you then sell the shares into the open market, Ideally, the share price drops, so you buy the shares back at a reduced price. You then give the shares you borrowed back to the broker and keep the cash you just made. Now on that simple rule, you have to have a great relationship with your broker ot do this. But you also need to be able to sell them back in to the open market. Now, I personally dont think many people can do this. However, someone with a lot of money and inside knowledge could. Make your own mind up as to who it could be, but my money would be on one or all the following: Zaza, Steve, YA, Malcolm. NOTE: This is not an accusation in anyway, it is just my opinion.

So I see we are still no richer today. Ok, will pop in tomorrow and see if there is any news. (I used to be signed up through there website for news notifications, I wonder if I still am? Will I just need to wait for the email notification to tell me my investment has not totally gone...

https://fronteraresources.com/corporate-governance/... your point being? This is tosh, totally irrelevant, we are no longer listed on AIM, so Rule 26 does not apply...

Free - What do they have to benefit? How many millions have they raised from shareholders over the last 20 years? I can assure you, they will walk away with very healthy bank accounts. Baker Hughes, yes we have a MOU (memorandum of understanding) Means nothing really, (apart from they were happy to work with BH on drilling if they ever needed.) But I will add, BH has not backed this up at all. But its all ok, when our directors come out and say all is well and our shares are worth millions, I will be the first to say sorry, my opinion was wrong, but until that happens, our shares are worth nothing. The company has gone private remember.

Freescot, It would not surprise me if this was the plan all along by those 2. PWC stepping in is a nail closer to the end. But I feel its not the end we all want. Just an observation. We are all free to pass comment. Sometimes you have to look at both sides. The past 12 months have not been rose tinted in any way. BP was mentioned in a court document... really begining to feel that was just bull. Our directors have broken so many promises and said so many lies... I would not put anything past them.

I hope this is not a case of ZM and SN going for bankruptcy and walking away with their tail between their legs and us SH with nothing...

If only that DOT was an omen for an incoming RNS....

A Buyout would be the sale of the Block. Not the sale of Frontera?? Hence Frontera would still be a going concern (Moldova) and any other fields they may have their eye on... Selling the block would give u a Special Divi, but we would still be share holders of FRR.

All this positivity sounds fantastic... However, I can not help but feel that there is more to it all. When I see the shares reappear in my account, then I will be happy. At present, any price associated to them will make me smile. after all currently 0p. just to see them at 0.001p will be a fantastic start!