Member Info for offtheball

That's never you buying more shares because of a twitter pic Timster ? :-)

Choo Choo, I for one am happy to be on the black gold train !

GLA :-)

Dirk, There is no news to invest in at the moment as we all await an update from the bod.

However, Out of 57.4 Million shares traded today, 28.1 Million are buys.... I make that just under half, Is that really bad and a showing of worry ?

I'm probably in a minority but as I firmly believe in the company and some funds became available, I managed to get my final purchase on Friday at .3687 . I've wanted a round figure holding for a while now, Making it easier to know what my investments worth just by knowing the sp.

By my interpretations of the dates, There is only 10 trading days left until the 60 days have expired on the EWT at T-45.

I'm excited for what news flow we will receive over the next few weeks rather than calling the company with failure before they miss deadlines !

7th July is my target, It's coming round fast.

All the best to all frr investors, Not long now until we know either way. gla :-)

Is this back up and running ?

I've been like a wounded animal with a missing limb today......

The best investment advice I can offer you is do not listen to koe. Take care.

For that matter, Don't take anyone's advice. Do what you feel is best. It looks like you have started your exit plan so I wish you the best of luck Sdyas.

Some collection of rockets on here today..... At least it can't get any worse or can it ? lol

Time to test the metal, I'm holding on for the ride !

Don't tell me that Solar :-)

Nice one Rainbow, Sounds good. Think my first stop would be The Priory for some frr rehab.....

Yes Timster, I would agree that " The extended stimulation and testing program commenced on 8th April 2018. " I didn't however read from ( 08-05-18 ) RNS : " The intention is to continue to test the combined flow of Zones 14 and 15 and within a period of approximately 30 days, perforate and stimulate Zone 9 and produce from all zones together. " Hopefully it can be left as a difference of opinion now lol

I wouldn't disagree Timster but through past experiences in several different shares, You sometimes have to !

As well as trying to produce the oil, The discovery data from each zone before and after frac and stim will be fundamental going forward. They have maybe been asked to supply data from each zone. If that information is part of an nda, Then we have no chance of being told about it.

5P, By my estimations until Saturday 7th July has been and gone, We are still within being updated of the frac and stim at T-45 taking place ! If anyone else has other thoughts, I'm cool with that :-)

You are correct Timster. We do not agree on the interpretation of the dates. Whilst you are at day 73, My interpretation has us at day 44 ! " The intention ( Which was written on 08-05-18 ) is to continue to test the combined flow of Zones 14 and 15 and, within a period of approximately 60 days, perforate and stimulate Zone 9 and produce from all zones together. "

5P , Everything you have asked has been included in the 8th and 21st May RNS's. Have they returned to T-45 to do zone 9 and 13 ? NO, 60 days has not expired & the market will be updated in due course. Have they completed this ? NO and are they flow testing it NO ? Only zones 14 & 15 under 60 day EWT ( Notified 08-05-18 rns ). Have they then done the same on Dino-2 ? NO Zones 14-15 under 60 day EWT ( Notified 21-05-18 rns ). This well will be reworked after T-45 has had frac & stim of Zones 9 and possibly 13. Well results will be commingled together. And now doing zone 9 on T-39 ? NO, Frac and stim will happen after T-45 & Dino-2. UD-2 Update due anytime. It's not been plain sailing as we all know. Zaza has so far not missed targets on the three well campaign. Until Saturday 7th July has been and gone, He is still within ! This leads me to question what some are expecting in the next update. I think we will have an update on T-45 flow results after EWT ( drop off ect ) and notification of the Frac and Stim starting on T-45 of zones 9 and possibly 13. I'm also very hopeful of an update on UD-2. Dino-2 looks to have a two week window for a revisit after T-45. T-39 will follow after the rework on Dino-2. This may well be subject to change but until the company informs us of a change of process, We can only go off the operational RNS's. There really needs to be some calm, I know it's difficult. If the sp dwindling away is an issue for anyone, Do what YOU think is best with your investment. My cut off will be the end of July and allow the company the time they have allocated plus a little extra. UD-2 has not installed any confidence here but it's a hard nut to crack on an old well. They may surprise us all :-) On the other side of the coin, So far we have THREE oil producing wells. GLA :-)

Just realised that wasn't two weeks between posts ! We'll all be needing an frr helpline shortly, This is not good for the wellbeing......

The company hasn't missed a declared target on the three oil well project thus far and by my estimations, They haven't crossed the estimated 60 days of an ewt until after Saturday 7th July..... UD-2 has had it's problems as we all know but we are due an update on this anytime. Mtsare Khevi Gas Complex, Well Ud-2 Extended testing program commenced on 21 April 2018. The Company perforated and mechanically stimulated 9.5m out of gross interval of 27m situated between 2519m and 2446m of Middle Miocene aged Zone. At the moment the well is in the clean out phase and once stable natural gas flow is established, The Company will update the market in due course. We have all come thus far, ffs don't call it a day too soon and be caught with your pants down !

I tend to think the market knows nothing more than us ! For a market, You need volume. There is no large volumes being traded here and none of us know what the results will be. What we do know is that a stabilised flow of 585 bopd was achieved between T-45 and Dino-2. This may drop a bit but then we have the option of a frac and stim of zones 9 and 13 to add to the results ! I certainly don't see this as a duster or a bad position to be in . Are new investors going to hop on here when the share price is rocking back and forth ? Not many, They will await some positive news before jumping in. Current investors in frr have mostly parked the bus with their investment awaiting news, No doubt a few have bottled it and sold up. Again, This makes the market stagnant with a complete lack of volume. One things for sure, You can bet your bottom dollar that the herd are watching here very closely for a positive update. And then as if by magic, We have a high volume scrambling to get in on the action. mm's are accumulating in a large way at the moment, Stop losses getting wiped out. Everything is being aligned for the result we all hope for. It's a mind bending time to be involved here but I certainly want to be in when that news breaks, Not after. I also believe the sp can move rapidly on news because I estimate we should be around 0.7 - 0.8 as we stand. Right, I'm off into hiding for the next two weeks. I will be sure to visit if anything changes in the meantime. As hard as it is to avoid the board, I find it easier to stay sane lol jmo and gla :-)

08 May 2018 Taribani Complex, Well T-45 Extended well stimulation and testing program commenced on 8 April 2018. 6m (3m of Zone 14 and 3m of Zone 15) out of the identified 98.9m combined pay interval from Zones 9, 14 and 15 of the Eldari reservoir has been perforated, mechanically stimulated and flowed together. The well naturally flowed light, sweet crude oil at a stabilised flow rate of 270 bbls per day. The intention is to continue to test the combined flow of Zones 14 and 15 and within a period of approximately 60 days, perforate and stimulate Zone 9 and produce from all zones together. As previously announced, in addition to these target Zones, a 14.9m pay interval has been confirmed in Zone 13. The Company is also considering the perforation and stimulation of Zone 13 in addition to the original Zone 9, 14 and 15 targets. The market will be updated about the final decision in due course.

Only 14 trading days left until Monday 9th July. 60 days from the 8th May rns is Saturday 7th July. I'm not going to lie, I'm feeling it like the next person but i am prepared to give the company the allocated time. Infact as previously stated, I will be holding on until the end of July. If nothing has changed by then, I will be calling it a day here. As it stands, The company haven't missed a deadline on the three well campaign. The gas and the estimated 60 days is what I fear. No news is good news though, So hold tight. jmo and gla :-)