RE: News Aricle posts ii12 Aug 2018 19:39
Reply from SB
idzi
Bidzina, he’s a wrong’un that guy…definitely a Wolf in sheeps clothing (or should I say a Russian Wolf!). Things haven’t really kicked on since the Dream Party won the elections back in 2011. Having said that, perhaps international pressure is having some impact because recently Exxon, Repsol and the Chinese have shown strong interest in Georgia.
Anyway, for now, we just need to establish strong flow rates from the three oil wells.
Devex
43m
This all refers back to the bipartisan proposals to Congress by Steve Russell in the middle of last year - I think it was called the Georgian Fair Trades proposition or something similar In itself very telling and related to three instances of historic unfair practice - one of which referred to FRR. So little old FRR yet again securing very powerful support from the great and the good. I interpreted the proposals as a threat re any repeat activity - and there is no record of any further activity (the proposal was in its preliminary stages regarding any Congress approval)
Given that the Presidential elections are due in Georgia and that the article is prompted by an opposition leader I suspect this is as much about the politics as anything else. Natelashvili is relating to the Steve Russell “threat” and no doubt also the Daily Caller article early in July. As far as I can see there is no more online reference to the issues - so I think this is some clever political opportunism.
Whatever - taken together with the political lobbying that FRR are engaged in - it shows that these guys are simply not prepared to roll over- which is another reason why I stay fully invested. As SB says operational and funding news is the real story we need to hear.
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