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If the 400m cost recovery pool is irrelevant now, would the losses roll forward into any other venture (moldova etc) essentially adding value to the remaining shell of the company? So confused i dont even know if we own part of a caymans or a US company now. Looking forward to the news about the restructure and dustins return (or perhaps imminent departure again)
So if green ccapital arent allowed it then the govt or the liquidators are taking it?
Is the schlumberger involvement neatly documented or are they a mysteriously generous friend. Also, is there not c40% of the co that was never part of the aim listing - someone else other than us plebs has got to be hurting!
Unless hopes on our side and was part of news that was supposed to be coming, until this happened
I find it incredibly odd that with SN’s heritage nothing has popped up in the US press about the situation, either supporting him or ****ging off his v poor record
I wonder what the trigger for an announcement was going to be from the first bit of comms we got? Presumably we need to get the asset back then meet the next ‘trigger’ before we learn what the ‘news shortly’ was going to be. I would like to hear the exit strategy for the thousands of investors stuck here but i expect to hear more jam, dilution and kicking the can down the road when they finally do tell us whatever it was.
I suppose its Moldova here we come then ......3rd time lucky we dont lose the asset
Morning looed, was this a recent comment on cleaning up former mgt or from the emails a few weeks ago. Things are moving fast again
Thanks
Anyone who reads the other boards seen any update re the guy who wrote to frr and said he would go to investigative journalists if he didnt hear - assuming he didnt hear back in response to his threat
Does this source know if there have been additional development in the field? I.e. if amounts in reservoirs have increased enabling payment to employees
Apologies, cant figure out amidst the wealth of listings, who are FTI?
(A bunch on non FRR calling themselves frontera something something in georgia isnt helping)
Was dallas the one with Benny and shughie mcfee?
Well lets hope we return to the £1 a share we were paying back then, could all be worth it but happy to get 10% (£10k) back at the moment just so i can draw a line under it.these revelations do make it hard to move on......... its not the despair that kills you, its the hope.
Perhaps the lucky person who had the email ref “Shortly” could ask their contact
Knowing our luck thats gross volume (net volume is 200 per day after 1800 are stolen)
If were doing 2000 bpd x 365 x $60 were looking at $43m revenue compared to 2.58m in the last set of accounts 2017
Ikj anyone? Something kawali justice? And who is georgia resources corp in relation to the licence
He could be a director with no voting rights ie not on main board, so its just an honorary title & his powers are limited eg not on bank mandate so he has become toothless but still appears externally to be running things
So they will now argue in public and we will probably find out lots of new info - when is the next session?