Member Info for OneDayRodney1

Have found this. Don't know whether this is what you're looking for as I don't seem to be able to find a tool to translate it....
http://bs.napr.gov.ge/GetBlob?pid=400&bid=boVlyOwlsX3qmYsntmLmFLryVrz3NZJYReuslrlALP7WZiQqOT1npQihZsjWoJav

Bezzy: haha! I hadn't read your post tbh; apologies.

Ok with a positive hat on:
How about the reason the GG have served notice is that they're worried the deal won't be done under their watch and so this pressures Zaza to seal the deal within the next three months then the GG can shout about making Georgia energy independent and get re-elected.

Finn: I assume you're aware that GOGC have given us notice to take our asset? If not look at their website.
Other than that, Zaza has been making noise, but without any substance and B-2-0 said we were all going to be rich. I think that brings you up to speed.

Good morning all
It's interesting catching up on last night's excitement in the cold light of day but, despite a fellow invested friend tipping me off about the board postings, I have no regrets of enjoying a convivial evening trying to not think about the amount of money I have likely lost here.
Unfortunately I think Looed's helpful postings of many snippets from B-2-0's posting history says it all about how much credence should be attached to his posts.
The real situation remains the same: notice served, clock ticking down, Zaza sounding desperate and not agreeing to release of arbitration results ... we are in injury time and require a dramatic turnaround.
GLA

In terms of the way Zaza is playing this, I agree with Phil in that the result of the arbitration clearly isn't rosy. My fear is that it is in fact so bad that Zaza has decided the only way to potentially get something out of it is to shout from the rooftops about our treatment by the GG and hope that the US decide to weigh in. This smacks of complete desperation but given the current US administration it isn't impossible that it could work. Anybody got a direct line to Trump?

Goit: the article starts with ".... State owned Gas and Oil company says ..." so it looks like it is another regurgitation of the GOGC statement so suspect there's nothing new in it.
Looks like we may only get to see the arbitration result if Zaza agrees to it being released...

So we have the GOGC, supported by their lawyers, and accountable to their shareholders, happy to release the result of the arbitration, giving specific details of aspects of the result and now giving notice to get the asset back.
And we have Zaza, known for making unsubstantiated statements, (seemingly) not agreeing to release the result of the arbitration, but, without specifics saying we retain the oil and gas fields.

Unfortunately my gut instinct suggests we have backed the wrong horse.

Shatner: agreed. The time for FSHG to step in is now that you have secured the access to Zaza.

Shatner: I don't think the journalist interviewing shareholders would help.
How about you get him to interview Zaza and ask some pertinent questions?

I'm not sure that would help our cause tbh...

Shatner: that's impressive. So did he say where he got the press release from?

Shatner: the link doesn't work (maybe as I'm not on Facebook). Can you copy on here please?

StarRage: imo the uncertainty of the arbitration that has existed for the last three years is now removed. The effect of the payment due in August and all FRR's other debts just serves to weaken our negotiating position, but Outrider will get nothing if we go bust and so ought to be amenable with supporting FRR by cutting them slack to cut a deal...

StarRage: do we know what the GOGC were claiming? Have we had sight of the claim submitted to the panel?
It would seem unlikely to me that a major would risk signing an agreement when there is the arbitration going on and the unknowns related to it. But it is pure speculation of course.

Good morning all
I just thought I would list a few positive views/observations/opinions/deductions that I think exist in what seems a particularly perilous place we are in following our touted defeat in the arbitration:
1. for the first time since 2017 we are in a position where we could potentially seal a deal with a major. They would not have signed a deal with the arbitration outcome unknown imo.
2. Zaza will have been pretty certain of the outcome in advance yet we didn't fold. Instead he released the interview which was conciliatory in tone.
3. US political weight has been vocally supporting our cause. The Georgians would be foolish to ignore this.
4. Then there was RogerA's observation from yesterday: "Surely if Taribani has been retained the Corporation now need to extend the PSA if they have any hope of receiving payments of legal fees and taxes from FRR."
We should know something fairly soon one would have thought either way, given the arbitration finished on the 17th, although the longer we don't hear anything is probably a positive bwtfdik.
GLA

It isn't darkest before dawn.
Sorry, got my Mr Pedantic hat on!

Indeed; we could be dead. If we are alive we are severely wounded given the costs we will owe from the arbitration and all the various court cases. The one hope is that we have come out of arbitration with some power to negotiate. If we have some asset of value still then that value is potentially huge enough to cover off all the debts, finish the court cases and leave us all with something. This now seems to be a remoter chance than it has ever been. In the meantime it would be good to have some sign that we are still breathing. Normally I dread the court case updates as they have been almost invariably bad news but I would love one now that suggests that we have been involved in doing something post 17 April.

Bugsy-b: great find; thanks for sharing. The report has possession of the arbitration result and seems to cover off the employees and the US senate support and lobbying expenditure as well. It would be good if someone on here could speak Georgian... There could be something in this report that mentions what else is in the arbitration result other than what we have gleaned from the GOGC.

Keysersoze: have another glass (clearly half full ;)!)
I am.
Enjoy the sunshine all Fronterians.