RE: Flow rates13 Dec 2018 15:17
Totally agree mole - we have been through the mill and back again more times than I care to remember. We have given winiw@nk and the prophets of gloom and the advfn sheisters the opportunity to attack and make money at the company and long term investors expense - not a complaint against Zaza and the company as we know why there has been much left open to interpretation. Just an Observation.
We are currently in the best position we have been in for over ten years.
It appears we have seen the back of the confetti funding.
We appear to have unlocked the geological problem.
We appear to have satisfied the political problem
We appear to be cash flow neutral
We appear to have opened the door to alternative funding
We have put YA on the naughty step and ensured future good behaviour until ...
we appear to have outrider and no hope where we want them.
We appear to have one major oil and gas industry service provider working to Progres the asset.
Dare I say it
We appear to have silenced the SAOG request for arbitrational discussions
We appear to still have a super major calling the shots in the back ground.
Yes there are debt issues to be addressed, the outcome of the outrider case to be decided and the appetite for the SAOG arbitration request to fully materialise
But I say again- we have a vat rebate and a whopping bear 400 million dollar cost poll pot to loom forward to
Zaza said to me at a previous meeting that they had a very good working relationship with all the authorities GOGC SAOG & GVT and they wouldn’t be banging the door Shen tm demand tax repayments and risk that as they knew they would get them.
Are there negatives - yes and there are several muppets who visit this site reciting their unreasoned nonsense spinning an ubber negative slant to the ones I’ve mentioned above that it needs addressing
I may have a slightly rose tinted view on frontera and I make no apologies for that - I’ve invested continually for over ten years so feel I have the right.
Any way - in my rose tinted opinion there is less risk here now than at almost any time since I first invested.
Losing risk for Highish potential reward- just how us British Scots like it.
Ps AjamesW - lol
Pps - Mole - keep up the good work. Most informed reasoned poster on any board, not just this one
ATB