RE: Update on reporter(s)18 Sep 2020 07:03
Good morning Looed
Thank you for sharing your thoughts and proposed course of action.
I think your suggested way forward is constructive and, given where we are and how long we have been here, is appropriate. The only issue I have with it is timing.
We are in a position where, after months of posturing and sabre rattling by both the GG and Zaza, silence has descended. This silence has descended around six weeks before an election; the very time when we should be seeing a crescendo of rhetoric. So why has it happened? Well the obvious conclusion to draw is that talks are taking place.
We are all shareholders wanting a positive outcome. It is possible that such an outcome is being hammered out right now. It could be that as part of that outcome Zaza has been pushed away. This would make it easier for the GG to come out of this with their reputation upheld. Maybe they're working on a deal involving majors (BP and BH perhaps) and will shortly announce a plan for energy independence for Georgia involving all parties. Yes, this all sounds a bit positive, but it is not beyond the realms of possibility imo.
My point is that if this, or something akin to it, is happening then it has to happen before the election from the GD perspective. What would be tragic would be if we managed somehow to throw a spanner in the works. I know that sounds dramatic and unlikely but why risk it for the sake of a few weeks?
There's no harm in planning now and agreeing a statement and process but I propose delaying implementation until the end of October.
GLA