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Thanks once again Looed. It looks like the net is closing in on ZM. Now all we need is evidence of the agreement between the GG and our Frontera. That would be real progress.

Thanks Looed. That’s put my mind at rest.
And good luck Mapp!

That’s what I don’t get. We recently had Natalia Turnova (spelt incorrectly I’m sure) saying the government was about to announce an agreement between our FRR and the government. And here we have people close to the PM seemingly looting the company and causing damage to the environment. What’s going on? Surely the PM and Natalia Turnova speak with each other?

Thanks NJames. So my wishful thinking will have to wait for another day!

I was wondering the same thing NJames. Maybe we’ve done a deal with Hope and this is all about clearing the decks?

4th August, posted by cymro1864:
“Natia Turnava - "Frontera" is important for us as an American business and very soon, I am sure, we will reach a mutual agreement”

It would be great to hear the details of this agreement in the very near future....

I agree Coggy. It suits ZM’s agenda to downplay the significance of the asset.

Thanks Looed. Is that effectively ZM throwing in the towel?

Tsbs - to me it sounds like someone who has been dealing with ZM’s fake version of Frontera and who is unhappy about some newspaper articles that have appeared in Georgia about him.

Good evening Pyro. I hope you are ok. I’ll post a copy of MontiBurns’ post which summarised where we were this morning. But first, you’ll probably also need a list of all the players:
FRR - also FRUS - SN’s team (and ours)
Frontera Eastern - ZM’s duplicate copy of Frontera. (ZM was recently judged by a court in Texas of trying to steal the company)
Green Capital - one of ZM’s companies which claim to have invested money into Frontera Eastern
Natalia Turnava - government minister who has just issued a statement saying she expects to shortly come to an agreement with our Frontera to allow operations to restart. She simultaneously has seized all assets from ZM’s fake Frontera. Needless to say ZM and Green Capital are not best pleased , hence all the pages of their complaints this evening!

From MontiBurns “Wow , ZM trying to publicly portray his company as the real Frontera Resources in Georgia with a new shareholder that is Green Capital. He is also trying to subliminally project that ‘we are a US company’. The gall of the man; shameless I would say. Anyway, while we the shareholders are lagging by about three months on news/developments, the latest public revelations tell us that alot has happened after the Texas TRO was granted, namely FRR securing its assets/wells in Georgia with the support of Uncle Sam and GG. Also good to see that criminal proceeds may be initiated against ZM. Plus, ZM desperation is starting to peak, and this is perhaps best illustrated by his public attack on Natalia Turnava on FB.

Away from that, wonder how Stephen Hope and YA are feeling watching all this unfold in front of them; probably saying....‘what a Palaver’, no doubt. Anyone check how the Outrider fund was Performing recently?

Zaza a ‘top draw’ liar and this is now becoming more and more apparent. Certainly took us investors for a long ride too. For once, Directors will be held for their deceit and get convicted but atlas a slim chance in the slimy world of AIM.”

So here’s the question....
Let’s imagine that FRR are allowed to resume their activities in Georgia, with say the US $100 million investment from outside sources. We’d have to presume that this investor has seen what we’ve got in the ground and knows they should get their money back and more. Let’s also assume that the licence is extended by at least 5 years in the short term, plus the time for the Covid break, with the potential for say a 20 year extension if things go well. All arbitration issues will have gone, and presumably Outrider and YA are both sorted, either by paying them off or simply from the knowledge that we have legally dealt with them via the courts. We will need to pay the employees what they are owed, and assume that ZM is moved out of the way completely and permanently.
Under all these scenarios (however unlikely), what might FRR now be worth? Clearly more than the 0.3 pence per share that we were deemed to be worth when many of the above issues were known to us all. But how much more?
In the short term of course we shareholders would still be unlikely to realise that value, but should we relist or should we be subject to a buyout/takeover then maybe, just maybe....

Coggy- as the appellant, we asked for the appeal to be dismissed, which was granted. Presumably therefore this is something that we wanted to take place.

If I am reading this correctly, then this is good news for FRR. Is that correct investmentboy?

I think things are really speeding up here. So how about this for a possible timeline:
1 - announcement from GG of the clerical error and that FRUS are the real holders of the licence
2. - announcement of the extension of the licence to over 20 years
3 - announcement of the tie up with American SM
4 - announcement of the special dividend for all share holders
5 - announcement of the intention to relist in US
Let me know if I’ve missed anything out......

ZM probably needs the same outcome as Delilah got! Lol.

ZM will be writing a begging letter to the Dalia Lama next....

Cheers Looed. That statement on Facebook is hardly likely to ingratiate Zaza to Natia and the GG! I think ZM’s getting really desperate now. Maybe this is the turning point we’ve all been hoping for. GLA

Natia Turnava‘s statement in support of our Frontera is a very big plus! Thanks cymro.

Looking positive......

I don’t think any disappeared Looed. There just wasn’t any posts I’m afraid.