PYX Resources: Achieving volume and diversification milestones. Watch the video here.
What is the title of your book and did you sell a lot of copies?
Coggy that's is still a lot of Wonga I have never seen a post of yours were you moan and groan or knock the company I think others should take a leaf out your book. (not a pun)
Coggy you must be somewhere north of £500,000 invested in this share that's a lot of Wonga.
Thanks Madpunter I have watched the podcast several times I think Zaza was very guarded in what he said, and he had been prepped to under underestimate facts as they did not want any backlash, anything better will be in a RNS did anyone else think the same.
Devonian thanks for the reply in my 8.58 post what puzzles me Zaza says they are trying to get the hedge fund to drill 19 instead of 15 Niko 19 why do this when they will get bigger headache with the gas by not having the infrastructure to deal with gas is it correct they can not flare it so what will they do with it.
Posted by Devon
Pophead - the RNS reports initial flows between 350,000 and 600,000 scfpd - varying by chock size. He also said this week that flows had increased since the RNS
Take a middle number - say 500,000 scfpd - translates to just over 14,000 cmpd.
1000 cm is priced at circa $200 on the local wholesale market - so around $2800 per day. Might not sound that much - but if you had say 50 wells doing similar this compounds up very nicely - over and above the oil. None of this priced into the WHI model.
In the podcast Zaza says they are trying to get the hedge fund to drill 19 instead of 15 at extra cost I would have thought it would then be same price, 15 did 960 bopd with no gas 19 will produce oil and gas it could double the above figure on a 330 day production x two years could pay for a new well.
If they cannot sell it or flare it why the change, Zaza also said the podcast we are moving the oil by rail and the gas by pipeline which gas is he talking about
Shame on you ODR .
I had to smile when she said you have skin in FRR!!!
Georgian Mining Corporation Appointment of New Cabinet in Georgian Government
17/07/2018 7:00am
UK Regulatory (RNS & others)
Georgian Min. (LSE:GEO)
Intraday Stock Chart
Today : Tuesday 17 July 2018
Click Here for more Georgian Min. Charts.
TIDMGEO
RNS Number : 8065U
Georgian Mining Corporation
17 July 2018
Georgian Mining Corporation / EPIC: GEO / Sector: Natural Resources
17(th) July 2018
Georgian Mining Corporation ('GEO' or the 'Company')
Appointment of New Cabinet in Georgian Government
Georgian Mining Corporation advises that the Parliament of Georgia has today confirmed the appointments of its new cabinet ministers, following the resignation of the former Prime Minister and his cabinet on June 13(th) , 2018.
Mike Struthers, Chief Executive Officer, said
"These new appointments are great news for the Company as they are the first milestone that we have been waiting for in the remaining steps towards extending our exploration permits.
"As we explained in our recent announcement (on 5(th) July 2018) although the previous Minister of Economy endorsed our application just before the former Prime Minister resigned, it is necessary for the new Minister to also endorse the application before the Government Resolution can be circulated and approved.
"Although it is difficult to be precise as to when the overall process will be completed, this is an important step forwards. We continue to remain optimistic this will be resolved soon and allow us to push ahead with our 2018 work programme."
Some of the key ministerial appointments include:
-- Minister of Economy - Giorgi Kobulia;
-- Minister of Finance - Ivane Machavariani;
-- Minister of Environment Protection and Agriculture - Levan Davitashvili;
-- Regional Development and Infrastructure Minister- Maia Tskitishvili;
Further information is available in the following
Noloss we do not know who is behind the funding of the Rig in November, could it be a major one way of getting your foot in the door 3 mil is petty cash to them how many more would they do just a thought.
Has Vinny plunged in at the deep end and bought 100 shares at 0.358.
Bedex shares mag tipped ASC 1.50 + they went too 2 pence and dropped back too 1.50+ pence I bought 300,000 shares I sold the first 10,000 at 97p had a free carry 290,000 I kept the faith I sold the last of them at £14.50 a profit is profit is that a success, with hindsight I should held 7 years ago they hit £80 odd pounds today they where £65.
Share ratio is 84 mil V 16 bill, I do not advocate FRR will go as high because of the shares in issue but they should do very well if every thing we know comes out in the wash.
One share trade just gone if these are anything like waiting for a bus for an hour and then four turn up.
Puddy I think it was his BRAINS.
Some big buys going through does somebody know something nearly 18.5%.
It will not open for either tried four times.
I had my doubts on his first post it took seven years to make his first post, he says he is 10 grand down I do not get what his agenda is!!!!
Bomber I think its Tom Winnifrith FRR arch enemy.
Must be an old bike if it has carbs my last bike was a 1000cc Gixer,handled like a dream I gave the tarmac some jolly biffta.
I keep getting this page cannot be displaled.
They could release the results and then a suspension RNS just another scenario.