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I know that. Was merely answering his question.
Difficult on this B.B. cos we talk like a bunch of old ladies at a coffee morning but we should try and keep the link to pyros recording on the first page for new investors to see.
Chart says we are doomed. Sell up everyone, super majors don’t want our assets cos the chart tells them it’s a bad idea. If only I looked at the chart, gutted.
Is that so we can pack our belongings when we move in to our mantions? That is very thoughtful.
1.2p here
I am from the valleys (Ebbw Vale) but moved to Cardiff for university many moons ago and never left. Best city in the world :)
Only you can make that decision.
I doubled my position so 33% of my portfolio is now in FRR. I wish I wasn’t so overweight but I really believe the oil and gas is coming out of the ground at some point so I feel the risk is worth it, if it fails then I only have myself to blame.
To be fair he is quoting what zaza insinuated when asked about how big the asset was. I think he wanted to convey that it is massive.
Size of largest oil field in Russia is 1,752 squared km
Size of Georgia 153,910 squared km
You are way out
When you put it that way :)
And when zaza comes riding in on the winner I’ll be a happy man.
BP are also selling some of there mature assets in Egypt. If I were a betting man Exxon and BP would be the 2 Super Majors interested.
Car is faster than the dog but eventually it will run out of fuel and the dog will overtake it. I laughed out loud when I heard that, never heard it before and thought it was a great analogy.
I think zaza has subtly told us the super major is BP when he said that little story of BP transferring oil through Georgia.
Pyro you are a gent. I will listen right now. I Would also be interested in your views of the evening if you get chance.
Wow, that’s not patronising much. After months of misery seeing there hard earned slowly fade away they finally have some good news and are excited, get off your high horse and let them have there moment.
The Exxon and BP board are settling it the old fashioned way, with a dance off!
Let’s hope there is a suspension in the morning for a month. That should give the shorters plenty of time to downgrade there 4 bedroom detached to a studio flat. We wouldn’t want them to be homeless....
The trolls have arrived early.
For me the only important question is are the wells still flowing commercial amounts of Oil and when will we be updated on flow rates.
If the answer to this question is good then everything else will fall into place. The balance sheet, YA, Majors etc etc
Ill be up Pyro and I for one will appreciate the updates. Thanks.
Also, make sure you chat to the guy in the corner with the Exxon T-shirt on, he might have some clues as to who the majors are.
Not seen Vinny for a few days now, I think he finally got sanctioned.