Member Info for offtheball

of the blue tomorrow please.

Danke.

We'll just need to await the elusive ewt results then for confirmation of what we have. Can't wait 14 years though, I'll more than likely be dead lol

Non comparable companies zib but I understand what your saying.

Your post was aimed at the negatives I highlighted on Friday and in your usual style of a rampathon, You try and turn my negativity into a positive lol.....

I'll miss your posts, There's no doubt about that but your inability of being able to handle or contribute to balanced discussion and iron out the creases leads me to think your best in the hole.

Can't be long until your due your spit the dummy sabbatical from the board anyway.

You think I'm constant, Just wait because the longer this goes on with no flow rates. Then the derampers will appear.

Not a disgruntled shareholder..

All the best to you.

lol

Post of the weekend there Mole.

' Those stakeholder groups have time to wait and will be uninterested in podcasts and probably even RNS as they will be looking at a different evidence base to support their investment decision. Lenders are the kind of stakeholders who want longer tests with conclusive results. '

Must be great looking at a different evidence base to support their investment decision don't you think ?

Us mere PI's can be left out to dry in the meantime or accept we have no official news as there is stakeholder groups involved :-)

Thanks for that 5p, I feel rejuvenated and life is good now.

At least you know what I meant. I added the -%'s from the three accounts and got 200.98%

Honestly, Like a pack of lions in here.

Yes, 200%. The funds are spread over three accounts.

It's increasingly evident to me that some investors digest the spin aired on podcasts. My view is if everything is as good as aired, There shouldn't be an issue popping it in an rns. Once bitten, Twice shy and all that. ( Although bitten on more than one occasion lol )

After the disappointment of UD-2 and it being played out, Adhering to timelines that you inform the market of would be a way to help build confidence and trust moving forward.
If, Like the ewt dates aren't met, Informing the market by rns that they are going to take a bit longer than expected but everything is going as planned would be the way to go about it. We still await to be informed of zones 9 and possibly 13 plans.

It seems an unofficial podcast is the answer. It simply doesn't cut the mustard for me. Yes, Great for attracting new investment but no real use to current shareholders as this leaves us open to positively or negatively speculate and make our own assumptions on progress.

An rns update regarding flows before the podcast would have dealt with the situation, Good or Bad. I can handle the truth.
I think the whole reporting of news in the rns's which have really good content in them could have been released to the market in a different way. Instead, We received a comingled all in one doom and gloom rns. Had this been reported differently, I feel it could have softened the blow. That's my issue here, Something is not adding up...... I don't think the company would put themselves in this position for no reason.

As far as the ' Get Rich Quick Merchant ' is concerned, I have held here for a number of years. I find myself currently sitting with a 200% loss, So I am buckled up firmly rather than moving on I'm afraid.

I do still believe that over the next few years, My investment will have me in good profit but the reality is, Unless we have a JV or takeover, We've gone from the 5-10p parties a few weeks ago to hopefully cracking 0.6-0.7p with 1000 bopd.

Great opportunity for new Investors and top up's at this price but if like me you have nothing to invest and have a huge loss to show for it, It's anything but rosey.

I want to apologise if I have offended anyone, It was never my intention. We all say things in the heat of the moment and the sooner this week is behind me, The better to be honest !

GLA and have a good weekend.

I don't add fuel to the fire day in, day out.... If I have a question or something that doesn't add up, I'll ask it and try and find the conclusion I am happy with for holding my investment.

I also picked tonight as the time to raise my concerns when the market isn't open.

Let's see how the flows pans out, T-45 and Dino-2 are commercial AS OF TODAY ( 80 days and 66 days EWT respectively )

As I said before, Trust is at a limited level, Only a positive rns from the bod will replenish any of that !

Mole, I respect you and your posts but to say I am creating doubt is la bit ott.... The bod has managed that one without any assistance from me.

I'm sorry and I apologise, We obviously don't need transparency or something official because zaza said in a podcast everything is hunkydory.

Unbelievable !

I'm still trying very hard to understand where this 1000 bopd by year end is coming from.

I highlighted this yesterday and was told they need to add the other zones to the initial stabilised test results from T-45 and Dino-2 as these where only from one zone.

They aren't, T-45 stabilised flow was 270bopd from comingled zones 14 and 15. Dino-2 was 315bopd from comingled zones 14 and 15.

I understand Zone 9 is to be added and we await a decision on Zone 13 ( Radio Silence )

Something doesn't add up here, Approximately 60 days EWT and we enter day 80 tomorrow for T-45 with not a peep regarding the companies intentions on Zone 9 and 13.

Dino-2 enters day 66 tomorrow and nothing on that well either. The podcast hinted at EWT results in 3-4 weeks and not a mention of zone 9 or 13.

Really need some transparency here, An official RNS without the spin is most welcomed.

Really p*ssed off just now, Sorry for the rant. All I can see the longer the doubt goes on is a spiraling sp.

Well spotted coggy :-)

Nothing wrong with that post Chris. The harsh reality here is the momentum, excitement and expectation of georgian gas independence has gone for now. Hugely contributed to by how the progress has been released to the market by the bod.

Will the market get as excited when something does happen with regards the gas ? Who knows. The combined flow rates rns for the three well drill campaign are absolutely vital to install some confidence here.

Everything has been sold to us with a cherry on top but STILL we have nothing concrete released to the market.
I'd echo what you have said, I sincerely hope you find it within yourself to keep researching and posting though.

GLA

Can't see 1p Leo. It would take a JV or Buy out for that or above this year.

Somewhere around 0.6p seems about right for 10,000 bopd.

Just curious but why the need or plan for 250 wells ?

1 billion barrels in place - 150 million recoverable - 1 million barrels lifetime per well.

Probably coggy. Instead of stimulating zone 13, There may be an option to re drill T-45 and Dino-2 to a lower depth to get at zones 19 ect.

On the other hand, If they don't produce, It may be better to plug them and drill wells deeper in another location.

Who knows, Certainly smashed one of my frr tinted lenses today lol.

I'd have to agree Timster, It was all about T-39. Hence my question earlier regarding where the 1000bopd was coming from for year end.

I have a nervous feeling we are looking at T-39 and Niko-1 as producers.

jmo though and happy to be proved wrong. I will be de risking and keeping the rest in the back burner.

At least then, I will have a life again !

That's included in that estimate then ? The EWT on Niko-1 won't complete until around April 2019.

1000 bopd may be a safe bet if including Niko-1. By his own admission, I sincerely hope zaza has taken advice on how to work the market in his favour and has this all wrong....

Anything more than 1000 bopd would excite the market and SP

GLA