RE: Book watch........18 Jul 2022 22:12
Now for some debate.
The Georgian PR news report was for the Georgian people not for us , that said there are agreement on Oil share with Georgian government and well documented.
Now for the gas , all expenditure by Block Energy drilling for gas is regained when the gas flows without any Georgian tax which currently stands at over $130 million.
Now that said its clear Georgian government want the gas to flow as political across the globe ; a deal where Block energy can exchange £40 Million credits in exchange for $10 Million is short change for the Georgian government.
Thus credits are used as currency
All parties win , PH has had a close relationship with the Georgian government as had dealings in the past in other roles prior to Block Energy and is well documented.
Now on ADVFN Dillydally2 has shorted the share on the fact the PR is false news , there are minor translation errors but that's always when you google translate i.e. 2 wells or 5 wells
Did they mean two wells with 5 side horizonal drills see what I mean.
This is the Georgian government and politicians do not what blood on there hands , so the PR news is real
This was all about the Gas , Oil is an addition when it is law in Georgia