Frontera Share Discussion Threads

[loglorry1] 27/10/2017 10:51

@dodge the news is the news is? But where is that news? Sounds like folk are just assuming there will be an AGM update of substance. I expect though it will be more promo.

[loglorry1] 27/10/2017 10:07

LOL well that's true dodge. Although the lack of news from UD2 seems to suggest it's going the same way already.

Dino2 has had a lot of PR but current production is so pitifully low (they don't even publish it but inferring itfrom O&G sales) I'd be amazed that they can increase it so easily. They've spent $400m already and got virtually nowhere. Hiring a guy out of uni for 6 years isn't going to make any difference.

[loglorry1] 27/10/2017 09:47

Wow tickboo you have gone all nasty for some reason. It takes two to make a market. I realise you find it uncomfortable to debate and discuss the bear points and rather you want to burry your head in the sand. Don't you think that's a bit of a naive approach?

[short6] 26/10/2017 17:00

It doesn't matter how many times you repeat the same post Log, it won't change anything. We will just have to wait and see.

[loglorry1] 26/10/2017 15:44

So nobody but me thinks its just a bit unbelievable that Zaza honestly thinks that UD-2 has a 90% change of success to help prove up 5TCF of gas which can be sold at $7 a scuff by spending just $500K. That has to be the best risk return the oil industry has ever seen yet it has taken them years to get around to doing it after spending hundreds of million of dollars elsewhere.

I guess some people are just very trusting in nature. This time Rodney.... and all that.

[loglorry1] 26/10/2017 15:42

Why no news on UD-2 but pictures of lorries at Dino-2.

On 4th October the company said in an RNS "Following the successful re-entry of the Ud-2 well,...."

Previously saying on the 2nd October in an RNS "The service company, which has been contracted to perforate gas bearing intervals of Ud-2 well, will now mobilise on site."

That was over 3 weeks ago and not a peep since. FRR have form on going quiet on UD-2. All the PR focus has shifted to the Dino well now.

[mick1909] 26/10/2017 13:39

You see it one way we see it another we are never going to agree we wait to see what happens you win with your short on and we lose or you lose and we win with a higher sp

[loglorry1] 26/10/2017 13:33

90% chance of success to prove up 5TCF but they didn't bother to spend the 500k before because of political risk even though they've said many times before they're close to a good market.

Now it's contingeñcy this morning you were calling it scatter gun.

[noirua] 26/10/2017 12:46

12th October 2017 - FRONTERA RESOURCES CEO, ZAZA MAMULAISHVILI INTERVIEW WITH JEREMY NAYLOR AT MOMENTOUS EVENTS


Lest we forget...

[tickboo] 26/10/2017 12:25

It's called contingency, log. Having 2 plays going makes sense, one gas and one oil. The oil should be near to a dead cert given the history where as the deeper gas drill is more risky (although Zaza said 90% chance of success proof is in the pudding). Not long to wait either way but Zaza will have egg on his face if ud-2 is not a success.

[mick1909] 26/10/2017 12:07

Time will tell who the real mugs are??

[loglorry1] 26/10/2017 12:00

You can say that tickboo but it seems to me still scatter gun as ever. Why not test UD2 with 500k raised from insiders then raise for Dino2 on success?

The reason is the same as ever when UD2 fails they'll keep the dream alive elsewhere.

Gotta give the mugs some hope.

[tickboo] 26/10/2017 11:22

The facts remain that under SN as CEO targets were missed, mass dilution, going from one programme to the next with little focus and poor comms. Also we had to fend off a hostile takeover which took a lot of time and energy and we had a MOE discouraging FRR from gas investment.

Zaza is now running the show, the MOE seem to be onside (EU Energy Community accession has helped), CLNs rolled over so My Hope thinks they'll get paid, RPNs converted to BOD aligned with shareholders, oil and gas plays funded, Zaza invested a further £1.5m, AGM in London, CPRs still valid so although we have to be wary due to past performance the new man in charge has a clearer plan and it's funded. No headroom requested and we should know more a week tomorrow.

[loglorry1] 26/10/2017 10:23

tickboo I've no doubt Zaza will keep banging the drum and drilling the same old message home over and over. One has to ask why he's so desperate to do so. If he was as confident in the assets as he sounds why waste so much time and money on all this PR? Just sit back and reap the rewards with a blockbuster RNS when flow rates are announced.

The real reason is that he knows there are lots of sellers in the background like YA for example and is not at all confident in the assets. He has to maintain the PR so that these sellers don't overcome the price drag.

I'd be much more impressed if he just quietly got on with it. If he believes what he has then just go out and deliver it and his investment will be safe.

[kaisersuzae] 26/10/2017 07:50

Check out video posted in frontera websitehttps://fronteraresources.com/frontera-resources-ceo-zaza-mamulaishvili-interview-jeremy-naylor-momentous-events/

[loglorry1] 26/10/2017 07:37

Tidy2 that's not very rampy have you seen the light?

[tidy 2] 25/10/2017 23:26

This is a scam guys. Same old.

[easwarareddy] 25/10/2017 22:03

Bullet ant is this patient investor?