Member Info for Looed

ODR - I have posted a few articles from this site and following on from your comment I did a wiki search and found this comment on the newsites wiki page -

"As Russia's foreign policy tool Regnum has been instrumental in encouraging opposition to energy independence plans in the Baltic states"

So you may well be right.

Thanks Chris

"such a statement was made by the enterprise’s press service" - Tim at Flagstaff?

I know some on here have reached out to him about FRR without success. Not sure why they didn't issue such a statement when this issue was first made public. Hopefully it's another sign that matters have been settled / clarified so the company can now clarify its position.

I did notice one subtle difference in the latest rinse-and-repeat coverage - they mention Zaza by name. I don't recall seeing him named in any of the earlier articles. I am sure it's not at all connected to his recent and seemingly positive performance on state TV.

PJohn I demand a recount!! Surreal day for me - planning how to implement an "isolation chamber" at home as my partner is off to Japan in April and should the situation continue to deteriorate we will need to self isolate. Funny how a couple of months ago this wold have been crazy talk but now is the new reality. (bit like FRR is dead but now....) Thank god for wine!! Cheers all.

PJohn - ODR makes a valid point. I think its great that you feel you can share your feelings - good or bad - here. I would add that for every 'down' post (or day) you have, there is a nugget of information revealed that shows that somehow, FRR fights to live another day. I hope this can inspire you that until we know the final outcome - be it good or bad - there is something to be hopeful for. And should this not be the outcome you want, it was a hell of a journey and by God, did we put up a fight. Dont forget that no matter how dark the times are there is always a bright side. Jeez I m in asia and fighting Cronavirus on all sides - Right now I can only dream of making it to 75 :)

Cheers ODR

"new a shout-out" should of course be "me a shout-out"

Thanks to all those who gave new a shout-out earlier, much appriciated!

This is a summary article that pulls all that timelines recent political activity in relation to the letters from the congressmen about FRR and the situation in Georgia - however I am unable to cut & paste. If someone could help?

Source - https://civil.ge/archives/338910 (there are also a lot of links at the bottom of the article for anyone who wants to review the references made in this article)

Not sure if anything should be read into it, but the station that showed the TV interview is government run reaching 85% of the population. It wasn't a paid-for piece of marketing as it could have been if on a private channel.

Source - https://en.wikipedia.org/wiki/Television_in_Georgia_(country)

“The idea of ??American business oppression in Georgia is absolutely untrue. There are more than 270 US companies registered in Georgia and there are no such claims by any of the companies, "Georgian Foreign Minister David Zalkaliani said in a letter to the US congressman on the issue of Frontera Resources.

The minister said the Frontera Resources case is being heard by the Stockholm Arbitration Court and any speculation on the matter is unacceptable. The Georgian side will act in accordance with the court ruling.

"We are talking with the US about bringing our economic relations to the level we have in defense and security. We are talking about the prospect of opening up free trade opportunities. Believe me, there is no talk of sanctions, nor will they be in the future. Everything will be done to prevent our strategic partnership from being compromised.

On 14-16 February, Minister of Foreign Affairs of Georgia David Zalkaliani is on a visit to the Federal Republic of Germany, where he is participating in the 56th Munich International Security Conference."

Source - http://www.ghn.ge/news/239670-davit-zalkaliani-ashsh-stan-vsaubrobt-chveni-ekonomikuri-urtiertobebis-im-doneze-aqvanaze-ra-donets-gvakvs-tavdatsvisa-da-usafrtkhoebis-sferoshi

Another bit -

Awards and decisions
When applying the SCC Rules, the final award shall be rendered no later than 6 months from the date upon which the case was referred to the Arbitral Tribunal. When applying the Expedited Rules, the final award shall be rendered no later than 3 months from the date upon which the case was referred to the Arbitrator.

The Arbitral Tribunal may decide a separate issue or part of the dispute in a separate award.

An award is final and binding on the parties when rendered. By agreeing to arbitration, the parties undertake to carry out any award without delay.

Source - https://sccinstitute.com/our-services/arbitration/step-by-step-guide-to-arbitration/

Hope this helps sine a little light on things and note the comments around any appeal.

"Arbitration requires an agreement between the parties (arbitration agreement). An arbitration procedure administered by the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) requires that the parties have agreed that the dispute shall be resolved by arbitration under the SCC Arbitration Rules. The parties most often include such a clause in their business agreement (arbitration clause). However, the parties can also agree to settle the dispute by arbitration after the dispute has arisen. In the absence of such an agreement between the parties, the SCC is prevented from administering the dispute.

The role of the SCC within the scope of the procedure is to make decisions in accordance with the SCC Arbitration Rules, e.g:

Appoint arbitrators
Determine the costs of the arbitration
Decide on challenges to arbitrators
Ensure that the award is made on time
An arbitration proceeding is initiated by one party filing a request for arbitration with the SCC. Upon filing the request for arbitration, the claimant must pay a registration fee to the SCC.

Arbitration is a one-instance procedure and it is therefore not possible to appeal an arbitration award. The arbitration procedure, however, is regulated by law. The law specifies how an arbitration procedure must be carried out in order to meet the requirements of legal certainty. A public court determines whether or not an arbitration procedure has met the requirements of legal certainty upon the request of a party."

Source - https://sccinstitute.com/dispute-resolution/arbitration/

Source -https://on.ge/story/50343-???????????????-??????????-?????????-?????-????-?????????-???????????-????????

FRR gets a brief mention -

"Another US congressman, a member of the Republican Party, Charles Fleischman, joined the US sanctions on Georgia. He is the fifth American lawmaker to back Congressman Marquin Malin's initiative.
Republican Marquin Malin, a member of the US House of Representatives, has sent a letter to the Georgian Prime Minister, Giorgi Gakharia, expressing his concern about the deviation from democratic values ??and the worsening economic situation. One example of business harassment is cited by oil and gas company Frontera Resources, which is suing Georgia for international arbitration.
Malin drafted the Georgia Fair Business Practices Act in 2019, but his fellow congressmen began supporting the act more than a year ago.

The document obliges the US president to report to Congress whether Georgia is in breach of any obligations or agreements it has made with US businessmen in Georgia. Also, notify the current or former officials who are responsible for it. If violations of the rights of American businessmen are found, the President should impose sanctions on the Georgian government and officials.

In the past two months, the Georgian government has received critical letters from US congressmen and senators. The letters raised concerns over ongoing events, the dissolution of rallies, the collapse of the proportional system and the persecution of opposition politicians, and suggested that the partnership between Georgia and the United States might be in question."

My pleasure Newbie642, Glad I could offer a small contribution as I very much enjoy reading this board.

Sorry the is the last bit-

Decline reinforcement has been calculated for each rock type and estimation of associated costs can now be calculated using the new rock mass data. More generally, the study has provided the information required to develop cost estimation at PFS level.

Laurence Read, Executive Director of Europa Metals, commented:
"The completion of the geotechnical study for Toral continues to demonstrate the potential for a new mine located in an established mining region within Europe. Work progresses well across all of our other workstreams and we look forward to announcing a further operational update in due course."

Myles Campion, Technical Director of Europa Metals, further commented: "The new information from the geotechnical report will now be incorporated into our ongoing studies on the Toral deposit. The study has been completed to a PFS standard so we can now start to refine our cost parameters further. We look forward to updating the market on other works and results as they are received."

For further information on the Company, please visit www.europametals.com

And the rest -

Further information on the geotechnical study

The geotechnical study has been based on the geotechnical logging data obtained from the primary logging of all recent drill holes and also through the re-logging of historical drill holes completed by the Company. This large dataset provided all preliminary rudimentary data that could be utilised in initial modelling.

Geotechnical testwork has also been completed on selected drill hole samples; 67 samples in total were utilised and tested at four different laboratories across Spain and the UK. Surface geotechnical data stations were identified to gather data spatially across the Toral deposit, both at surface and underground adits. A total of nine stations were analysed.

The study considered the five main rock units at Toral:

· Orebody
· Limestone
· Carbonaceous Limestone
· Silicified Limestone
· Slate

Two mining methods were considered for analysis: cut and fill (identified as the preferred method in the scoping study) and sub-level stoping. The main objective has been to test the robustness of the mining method selection used in the scoping study and to determine if sub-level stoping offered any benefits above the cut and fill method.

A total of 27 combinations were analysed under finite elements in 2D under the following conditions:

· Mining block area: 40m, 35m, 30m
· Different combination of rock types
· Average depth studied: 600m

Geotechnical conclusions and recommendations

The geotechnical study recommends that the already selected cut and fill mining method, as presented in the scoping study, in comparison with other methods, would be the best option at this time.

Mining in the slate footwall is anticipated to be the only area that would require systematic sustaining support, with the limestones in the mining hanging wall, requiring less support dependent on the level and type of alteration within the limestone.

The orebody is not highly altered, therefore backfill in these areas would not need to have a cement component as the required conditions for the backfill are not considered too demanding due to the presence of a competent crown pillar.

Utilising a cut and fill method, artificial support would be less systematic and less expensive, mining blocks would be higher and therefore a better recovery ratio obtainable. The size of the mining block would be around 40m, although it is possible to achieve 50m.

Stope height has been estimated based on depth due to the change in tensional rock status with depth:

Up to 600m depth:

- Stopes can achieve 6m to 4m height
- Support system: 10m length in systematic slates (1m grid) and 2-4m occasional in limestone

Deeper than 600 m:

- Stopes will be in the range of 3m height
- Support system: 12-15m length in slates systematic (1m grid) and 4m occasional in limestone

There is indeed a RNS today - here is the first part -

Geotechnical Study Completed, Toral Zn, Pb & Ag Project, Spain

Europa Metals, the European focused lead-zinc and silver developer, announces the results of its recently completed independent geotechnical study in respect of its wholly owned Toral lead, zinc and silver project ("Toral" or the "Toral Project") situated in the region of Castilla y León, north west Spain.

Highlights:
· Geotechnical study confirms cut and fill method as best method for mining model
· All development to be contained within the limestone geological footwall
· Estimated size of each mining block 40m although 50m could be achieved
· Geotechnical study is a key component to develop eventual cost estimations at pre-feasibility study ("PFS") level
· Study to be used for next stage of work alongside new metallurgical studies and other project data sets being generated

The Company is pleased to announce completion of a geotechnical study on the Toral Project based on the geotechnical logging of the core drilled previously. The study has been developed by Túneles y Geomecánica, which has a highly experienced geotechnical team with regard to underground and mining works in Spain and South America.

The geotechnical study has provided the Company with important information regarding the cut and fill mining approach outlined in the independent scoping study on Toral, as announced on 10 December 2018.

Thanks Mills240

Suppose the link might help...!

https://www.mold-street.com/?go=news&n=10033