Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
All of this money and effort spent on legal battles has to based on the promise of something. I'm not chasing rainbows any more but the prize has to be the gas. If there was nothing significant recoverable then everyone would have walked away by now. How it all ends is anyone's guess, but whether or not we get any return on our investment is not even part of the story at the moment. GLA
Like your optimism. Phil. Not sure about getting wealthy. Would be nice to get something back from our investments after all this agony. Hard to see how, though.
CLaudia trying to point out that he asset move was simply to avoid liquidators. Be interesting to see Nicandros’s reply and his lawyers’ strategy. He was evading the question just now, quibbling over the word ‘concerned’
That's right. Some delay on the judge's part - or no Zaza !
Zib, he seemed like a man on the verge of a nervous breakdown during the conference call 4 years ago - which was the last time we properly heard from him. I was re-evaluating my investment at that point but then Zaza started opening up communication with shareholders and then began wooing us in London. I got suckered in. Steve disappeared from view and we got that nice Dustin Aro to come and tell us about low-hanging fruit and amazing fracking possibilities in Block 12. Seems like ancient history. We've all aged two decades since then.
SN has been totally remiss in letting this happen. How could he remain so ignorant of what has been happening on the ground in Georgia (prior to COVID). Wasn't he on a vineyard trip around Georgia with Zaza a couple of years ago? What was that all about. Why did Steve need spurned shareholders to provide him with evidence of Zaza's wrongdoing? What has Steve been doing for the past 3-4 years ?
Barnyards, it's the most expensive courtroom drama I've ever has the displeasure of watching. My ticket of admission has cost me six figures.
Agreed, Looed. The new documents show that the company does think it has a leg to stand on. Whether or not they do is a different matter. Those shell companies that Zaza set up with his son have now revealed their function. To think we all were taken in by his charm - including Steve N.
Looks like Brookemia is as good as his word: “Alan Hall, a Frontera shareholder, said that private investors, of which there are thought to be 200-300 in the UK, have “been held incommunicado for nearly 30 months” since the company delisted. “We are very ****ed off at the lack of communication, disingenuous statements and over three years of bull****,” Hall said.
Looks like a forward contract for oil sales was made in 2018 and Green paid but never received the oil. Is that right ? Can’t see how that would put Green ahead of other creditors
How can he unilaterally sell the asset without the board of directors or shareholders knowing? None of this makes sense - as usual.
Yes, but what Zaza says and what happens in reality are two different things. Surely we have all learned that by now,
I think we are all exhausted with this, Kipperman. We've speculated and looked for redeeming interpretations of what has been going on, and it has descended into a mud-slinging match between Zaza and Steve. We dreamed of super deals and clever political gamesmanship, but now it just looks like a squalid fight to the death. If FRR is to continue with Dustin and others on board, it's hard to see how we will get much out of it.
I see Errazel's post about today's hearing has been removed. I intend to listen in if I can face more excruciating torture.
I don’t think Liz is back. Check out her LinkedIn page.
Need to be careful here. Some of these names on the Zoom contact site are out of date: Liz Williamson, Andrew Szcilla. Need reliable sources not cut-and-paste contact lists.
You are right, Grayhorse. Not to be confused with GOGC (govt agency) though. This Mehmet seems to be everywhere !
Erazzel, Georgina is an Aussie oil, gas and helium company - not to be confused with our GOGC. Still, it is a significant appointment, if he is indeed on board. https://www.georginaenergy.com/
Seems like a field development team is being put together with Mehmet and Dustin now on board.
Mehmet Yukler:
Turkish-American nationalities.
Over 40years experience in the international oil & gas industry, and has advised companies and government entities of all size from small caps to super-majors, as well as state regulatory authorities on the management of resources and exploration areas.
Recognized as the father of quantitative basin modeling with fully registered YUKLER3D, YUKLER2D, YUKLER1D and YUKLERPC softwares. Dr. Yukler’s studies led to discoveries of more than 80 oil and gas fields worldwide.
Dr. Yukler has held numerous senior executive roles at energy companies and Renaissance Capital Invesment Bank throughout his career. He also had the Nordic Ministerat Professor position at the University of Bergen, Norway, where he taught quantitative basin modeling, exploration and exploitation in the North Sea and petroleum economics.
Trained at Shell, MS and PhD in Geology from the University of Kansas as Fullbright Scholar, and BS and MSc in Petroleum Engineering from Istanbul Technical University. Dr. Yukler has published more than 30 research articles.
https://www.globalresourcespartnership.com/portfolio_page/dr-mehmet-arif-yukler/