Member Info for Shatner

Volume is still Woeful though. Needs to be five times this!

I'm in, was going to buy first thing but my rule is not in the first few hours... Let's see if it plummets now lol!!!

Sorry my fault! To be fair, it takes our minds of things during the dull wekeends. Off out to watch the footy then a 40th later which will get very messy. Then the weekend has pretty much gone and we can see 0.6 and 0.7 days return next week! :D

The key is to not get greedy. I've seen people lose big paper gains from getting too greedy. I think the best strategy is to bank some profits (original investment plus some) and then let the rest go on free ride.

I have an initial exit price and then the rest can just mature. Who knows what the ceiling is with this one if we get a deal
I would also say don't think this is a cert. Nothing in life is definite apart from death and taxes. Whilst this looks good and the longer it goes on it looks more certain I reckon we need to keep our feet firmly on the ground.

Standard! Price monitoring extensions....

When this moves it moves. Not long ago we were doing 100% a day for nearly a week and well over a Billion shares traded. Once everyone gets whiff of this news and the second major is confirmed we will happily see those days again and then some!

Purple patch indeed!

Sssssssssssssssssssssssssssshhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh!

https://www.youtube.com/watch?v=_SyurgZ8GaQ

Aye I was known as "Shatner's Bassoon" but LSE pulled the two names and left me with Shatner. Gutted!

To simply ignore and not respond to anyone who has a clear agenda on these BB? Just leave their post there and not even give them the time and attention they are craving. Anyone responding will be reported too ? All we need to say if someone does respond is.. "Sssssssssssssssssssshhhhhhhhhhh"

I had a big hunch this RNS was coming as I mailed them yesterday stating no more vagaries and please clear up the situation regarding majors and NDA. This response was perfect, concise and factual. I have just sent a response thanking Zaza and explaining we need all RNS like this in future which cannot be open to any interpretation.

Shame it doesn't say that.

"This MOU is a result of previously announced discussions with industry majors."

I’ve asked this before. If SN was in conversations and discussions before then why was it not RNS’d back in March 2017 and what caused FRR to perform the six well campaign this year ? Did discussions collapse?

Received questions about reserve reports, currently evaluating need to do more reports related to gas work. Announcing giant gas reserves with South Kaheti, Neverland Sewell validated 8 tcf gas in place and 5 tcf in central which is a giant gas holding, we will re-evaluate the need to recertify different areas in SK complex in the future. The NS work really underpins the giant value and undervalued nature of our company. In terms of oil we will seek to update our CPR once we have advanced a larger drilling program in central portion of SK, 800 mbbl oip this will be the basis for strategic partnership 170 well, over 10 yr period 75 mbbl from that. Very large currently certified 3rd party value base which far exceed mcap of the company. In addition some have asked whether our intention is to sell assets to advance value creation more, we are always open to best ways to create value for share holders but the main focus is to bring SK to commerciality and then reinvest into the assets and other areas.

Some questions regarding political issue in Georgia, we are taking a long term view in the country but in discussions with ifc we see a good support for the country. In Moldova and Ukraine we see these countries evolving towards EU reforms and we believe the "time is now" to move into these areas as these countrie evolve into moving towards EU standards in terms of economic markets.

Announce a GM before end of April and will be announced shortly and also plan to undertake roadshows to further explain news and business. Will visit the UK!

To conclude, we are at a milestone point for the company with advancing new chapter with strategic partnership, new holdings in Moldova has significant value for the company and we have strong support from note holders of which I am one. Encourage everyone to watch us and follow us, we will do a call like this once a quarter.
THANKS!!!!

Minutes of the meeting.

Advancing on all of our programs for the company.
Focused on a strategy to invest around black sea
Onshore settings
Core holding in Georgia Kura basin in addition to the west across the black sea in Moldova just beginning operations in the Dibuja basin spilling into Ukraine.

Start with Georgia, focused on a portfolio of Block 12 , 1 million acres of oil and gas properties,main region South Kaheti complex, our main progress we are discussions with industry partners regarding a possible transaction involving farm out or joint operation related to ongoing work. This is a major milestone as it will enable us to build and grow on the significant investment we have made historically. Focusing efforts now on bringing these discussions to conclusion and it is my hope that very shortly I can come back with more specific news that is ongoing. We are heartened to hear that the historic work has paid off and set a new foundation for investment in our company. Building upon the technical success over the last quarter where we have seen very promising results to exploit the aldari formation oi window which transcends block 12 from one end to the other. Our objective was to focus on the Aldari where we see significant oil reserves associated with this formation ie sustained stimulated wells for over 8 years now and will help commercialise this giant well, also focusing on gas play and will form part of the objectives with the strategic partnership, this South Kaheti represents tremendous potential and is the reason we have been working hard on this.

Terrabani area with 170 well is also at heart of strategic discussions will take our accomplishments to a new levels, similar to major plays in West Texas..

Because of these strategic discussions, planned operations suspended in deference to work e.g 6 well stimulation thought better part to not take on operational risks but focus on completing the partnerships after which will turn efforts to not only undertake the program but take on more significant drilling program at South Kaheti oil and gas window.

Working with Financial partners to fund our work , will fund our work via Strategic partners and financial institutions working with us, we hope to have a strong financial base to help us conduct work and commercialise our historical investments. In terms of debt structure of the company we are completed with the court case and former liquidation proceedings which were initiated last year. Pleased we have been able to bring that alignment together. Aside from some administrative items which need completing we are looking forward now and have debt structure which is in line with our work and allowing us to constructively build our business.

Received questions about reserve reports, currently evaluating need to do more reports related to gas work. Announcing giant gas reserves with South Kaheti, Neverland Sewell validated 8 tcf gas in place and 5 tcf in central which is

I like this bit best.

"I think we will be able to get back to the market with good news with potential cooperation with them"

What a blinkered article. Not one mention of the Majors and the fact that they WILL pay off the remaining YA balance. What is wrong with people?

Yeah more dilution.... not a chance....

Nothing to report of interest at Georgia day presentation at stock exchange FRR not mentioned but may get more info in afternoon when presentation with Georgian oil n gas

IMO this is the majors making sure we are squeaky clean. They are helping us fight all our legal battles now and advised us about the YA behaviour and told us to stop all payments based on their dubious and unlawful behaviour. It's in their interests as much as ours that we still continue to operate in full capacity without any legal issues hanging overhead.

IMO this is the majors making sure we are squeaky clean. They are helping us fight all our legal battles now and advised us about the YA behaviour and told us to stop all payments based on their dubious and unlawful behaviour. It's in their interests as much as ours that we still continue to operate in full capacity without any legal issues hanging overhead.