Member Info for riptonk

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.schroders.com/getfunddocument/%3Foid%3D1.9.3060731&ved=2ahUKEwje57iZuOzlAhWQQUEAHTYpA5UQFjAAegQIAhAB&usg=AOvVaw0o08iuZRwCQl0BaKHFtpN7

Particularly p6 which talks about US demand for heavy and ability to desulphur.

I'm agreeing with shorters here in that API and sulfur content does not take three months to assess. I've taken monumental losses on this failure to tell the market. Neither does Hammerhead's. However surely QP were privy to some important info when they came in at the end of July. It will indeed be interesting to see how many Gil buys.

Proselenes - thanks for your Hammerhead post, you seem to be an expert. Since you've pointed out how large Hammerhead is and 'figures out to be commercial' I was wondering what you think that overlap would mean for us?

Wow?

If you come from the Frontera University of Hard Knocks like I do then this is a comparative walk in the park.
So Guyana has gone from world leading acreage to a real problem child in the space of 24hrs if you believe the crowd.
I would like to see a Tullow exit, leaving the Bigger Boys to sort this out.

The chart has been shocker for a while and easily tradeable which I regretfully didn't. I definitely wouldn't short in these circumstances but I will be standing aside next time I see a chart like that. Same with RRE. I need to start combining fundamentals with technicals.

The chart looks okay to me Phoebus. A close above 133 will spark it and someone is anticipating Gil bringing in more interest. One day I'll be right and one day you'll be spectacularly wrong.

Russia's largest gas field is Urengoy at 10.9tcm. It's so long ago that I can't even remember if Zaza was comparing finds to Russia's largest gas or oil field. The oil will keep the lights on but it's gas that could lead us to the promised land. Some moosive IFs on the journey though.

The tag team have finally got to the point. Weeks of hammering a delisted share might save their houses on a relist.

Kenco222 - to be clear. I made your point to my wife yesterday. 200 staff over Christmas could have stress removed with a relatively small amount of money. Tough times that's all.

Much as I agree with your sentiment, I feel I need to point out that there are some shareholders and families here who have been through a year long horror show and will have been put in very similar financial dire straits as those workers in Georgia. I appreciate there are different levels of sympathy and issues of who had choices and who did not etc....no doubt about that. We all need sorting out.

https://twitter.com/LiveSquawk/status/1192749190234939393?s=19

Ofcourse the other explanation is that Hope has no idea what the Georgian government and Frontera are up to and so as soon as he sues FRC and then FRGC or FRUS or whatever it is, it might be FUSH next week and his lawyers have wasted more time and money. But atleast Zaza and Steve should still be the same people next week rather than Zara and Steph and they can be summoned to court so long as DHL can find them.

I think Georgia has made it clear that it would prefer to look West. If that happens then shareholders will do okay. If not, then it will flirt with the devil just like Ukraine has done since time began. So I think I agree with you.

Georgian justice says no Georgian assets can be taken by foreign courts - how do you see that one resolving itself Star?

They've both got long surnames.

Let's see them please Puddy.

As I understand it, an arbitration is not open to appeal. Any decision is final. This will have been wrapped up by now and surely Hope would be aware of the outcome even if we are not.
We have a court case in Cayman and Texas that is outstanding of a default whereby personal shares of Zaza and Steve are on the block and a debt could be settled with what remains of a subsidiary.
We also have a Californian fiduciary issue that could only be settled positively or with liability for costs.
Have I got anything wrong?
Given the above, would there be any reason to continue the comms blackout?
Puddy has heard rumours but an entire Georgian blackout still exists. How can this be explained? What really is there to be gained from not fronting up? Is this made to look hopeless so that Hope drops the case or is it finished? If it is finished then why would this not be declared because the pyrrich victory would be that Hope never received anything either.

And also MEMS-tech, I remember getting into a conversation last Nov with some Muppet gloating about making $150 of beer money when the price dropped a fraction of a pence and he gave me enough maths to let me work out that he was leveraged to such an extent that any 'major' signing at several pence would have cost him $30,000. The risk to reward was insane.

Off the top of my head that fifty grand would be the case only if it was not leveraged. I would assume nearly all shorting is leveraged up to 50 so a million shares at 5p would be incredibly expensive and costing a million plus? The potential costs of shorting a stock that might sign with a major never made any sense to me. I could only conclude they had inside info... But that didn't stop my long position. I've obviously spent a while thinking about my logic. :(