Member Info for steven49

December 2017, the Ukrainian Government passed new legislation for the oil and gas sector in Ukraine as follows:- (i) for new wells drilled after 1 January 2018, the subsoil tax rates will be reduced from 29% to 12% for gas produced from deposits at depths above 5,000 metres and from 14% to 6% for gas produced from deposits below 5,000 metres; (ii) with effect from 1 January 2019 and applicable to all wells, the subsoil tax rates for condensate will be reduced from 45% to 29% for condensate produced from deposits above 5,000 metres and from 21% to 14% for condensate produced from deposits below 5,000 metres. The Company considers that this new legislation is encouraging and supportive to the independent oil and gas producers in Ukraine, and, whilst the legislation will not have an immediate impact on the Company's operational revenues, there is likely to be a positive impact on the Company's operational revenues in due course as the legislation takes effect.

Does he intend t bring this mine back into operation b4 and if pipeline is up and running surprised if pipeline in operation by early 2020

Questions to ask Money as of 31st Dec 18. Timescales on building of this pipeline.other permits and reqiuements required t build this.how he intends t fund this. Further investments Why options so low.quite clear other options not going to b reached. Why has larry never bought stock as a CEO who's been in job 4 2 years.

4 sure would expect move up leading too op update big cash build.new yearly highs possible

reading through presentation uses words enlightening bringing value.notice larry not using wording excited.focusing on jourc.with options piched so low can not see share price moving much.appears to me no more mining to come.trying remain positive here.share price may drift lower jourc may save company to bring in a partner.still will need t raise money soon I feel

Ha ok the floor.

Has the bottom been reached.expecting good news early next year.drilling funding ect GLA

Look at solgold and there market cap 4 me this has potential to b the same if not much bigger.same sort of set up.

Yes fair comment all guess work.notice GC NH ex options back in early 17 I think at 1.25p.still have options at this price looks after there own cronies.

They have had 1 further shipment of tantulam since then in July which I assume been paid 4.how much.? But that's last shipment and don't see any more shipments I 4seeable future don't b led by GC

That cash is what they had up to June 2018 6 months ago these results are up till then

Lol come on then let's hear the good parts.notice interview was not 4th coming.my worry is that cash may b getting low.will need t come t markets 1st q 4 money I feel.JV I'm sure on mine.some1 taking large stake in mine t finance pipeline.

Who's made 175000 pound investment

Of course it's not should b set above make him work 4 options my worry is that there may not b much upside in price 4 some time.are we stuck at these levels?bottom draw job.just glad not had too much tied up in company GLA let's hope GC not offered these options

Let him buy on open market.of course he won't because knows still much risk in company.still may come to nothing.much work to do on this pipeline.very high risk and he knows it

It's quiet obvious larry is not happy so have given him anther sweetener at below share price.disgracecto all investors who are sitting on big losses and have been fed waffle and false excitement

Reason given is that 6p options are no longer achieveable just find it disgraceable.need to be brought up at interview and why this guy has never made a purchase.beginning to lose patience here.

As I said I'm sure there's been some unrest with Larry and t keep him there they have given him some share options to keep him in company

Remember his been granted them has not taken them.utter disgrace.

Bad how can they give options at that price.so bad.my guess is he may have wanted to leave so have offered a new option package.utter disgrace.there not expecting share price to go high then.placing so low.disgracefull at that low price.