Member Info for offtheball

I'd agree Belhus, With the right results Gilead will be waiting in the wings to progress 737 !

' Back early next year ' was a giveaway that Makaveliwill was changing RNS wording to fit his own regime. Coco would be more appropriate !

Makaveliwill, What RNS are you referring too ?

Makaveliwill, The break even was 110 barrels at $70. At current $26 pricing, I make the break even around 300 barrels. Phase one was the hope of 900 barrels within 18-24 months from IPO. 24 months will be up in June. I'm quite sure the oil is a side show and the gas is where they will focus attention and progress quickly when the gas processing equipment arrives on site. The gas is to be sold at $5.24 per mcf fixed until the end of 2022. Bago will also pay for the costs of installing the infrastructure necessary to connect the gas produced from the Field to Georgia's gas distribution network. We also await an update on the three current wells so I'm more than happy to keep buying in this low territory and stick it out. Each to their own but I don't believe this is down here for too much longer.

Hey all, Exceptional rns today. Dare I say, Things seem to be gathering some pace.
Half year report and an update regarding WR-16aZ repair works, WR-38Z and WR-51Z would be most welcome.

Remember the ipo statement :

o Phase 1: Targeting 900 barrels of oil per day ('bopd') within 18 -24 months via a fully funded, low-cost / low-risk workover and sidetrack programme of existing wells - at a crude oil price of US$70/bbl, the Company breaks even at a production level of 110 bopd; and testing gas discoveries estimated to contain gross, unrisked contingent resources of 608 BCF (2C)/1 TCF (3C) that form part of the same play being targeted by Schlumberger on the neighbouring licence

o Phase 2: Targeting over 2,000 bopd via the drilling of new horizontal wells and sidetracks from existing wells

o Phase 3: Bring the West Rustavi gas discovery into production with an estimated capex of US$1.10/MCF and operating netback of ~US$3/MCF, as well as acquire additional licences in the wider region.

We are starting to tick the boxes, I'm hopeful this is a kickstart to a solid period for bloe..... Keep your eyes on the prize !

I can't access Money AM anymore. What do people use to keep an eye on buy and sell trades ?

Thanks in advance :-)

I wouldn't worry Crocqman, I've been called much worse lol

That's fine by me Crocqman, Everyone is entitled to their own opinion. I see it as this person having no investment here and is constantly posting negativity wether on this board or in the investor questions for his own gain ( A lower entry price ). This isn't helping my investment or the view of possible new investors looking in here. This share isn't going to be 0.6p if and when Balcombe gets the go ahead or we receive the CPR regarding Saltfleetby. A last ditch attempt to get in lower if you ask me. GLA genuine investors.

What's the issue YorkshireLife ? JA51 was obviously his first name.

Under the question tab, It highlights:

Please note:

Personal details associated with submitted questions will not be made public.

Questions will be attributed to the author on a FIRST NAME basis only, during the call.

Management will do its best to answer all validated questions but for commercial reasons reserves its right to exclude a validated question.

You lot really are being pedantic if you ask me. It's getting boring......

Completely agree Scarface72, Long way to go before I'll be showing any excitement..... If JA51 could hide in the bottom drawer for a duration, That would be most welcome. He must be the life and soul of a party !

Top man Bugsy, Pleased to look in tonight and see something tangible posted to have a look through. As usual, I have no idea how this will pan out but I'm swinging into the ' We won't leave with nothing ' camp. Seven bloody hard fought years this has been going on, The bod have really been up against it. Shouldn't be much longer for a resolution either way. GLA

in my wildest dreams / nightmares did I ever think I would be watching something of this magnitude unfold when I invested here. What's unfolding is nothing short of mind blowing. Got to try and remain positive, If nothing else there is a constant stream of news albeit no idea wether to judge it good or bad. GLA

The MORE this goes on, The MORE I expect to get something back. Could have been lights out long ago. Whilst i don't feel the need to be on here every few minutes and absorbing the highs with the lows, There is a whole lot more going on here than any poster on here knows. Take a break, Sit back and try to relax. There is nothing to be gained by fluctuating up and down all the time. Take a back seat and let the proceedings take place. I'll never understand why some will throw the towel in now after making themselves ill following this at every move for the last year and more ! Whatever happens, None of us can affect the outcome. GLA

More gas than expected, Whats not to like ! Should be a good week gla :-)

Just highlights how we mushrooms know nothing of the BIG picture being painted here. An overload of information we have no bearing on how to perceive the finer details.... I'm still trying to see where it explicitly states all entities of FRR will be Liquidated marking the Game Over ffs ! The game is well and truly underway as far as I can see, GLA LTH's

That was my thoughts after reading it Gary. Quite a distance from Game Over as it stands then.

Shatner, Isn't the liquidation only served on FRCC ?

They have requested access to all entities paperwork / Books ect or am I off point here ?

Have you shat your pants Shatner , Why do you think it's game over ?

It isn't written anywhere to my knowledge Timster. We don't even know if we, The shareholders have a holding in this newly formed company.....

These are monumental figures. I struggle to understand why FRR would be part of any future deal ? Am I missing something important here ? There is a chance we could see the 400 million sunk costs back which should equate to around 2p a share. With the figures being thrown around, The GG would be better placed to award FRR the 3.5 billion claim lol.....