Frontera Share Discussion Threads

[dodge city] 13/11/2017 15:29

I wonder if another placing is being pipelined here.

[dodge city] 13/11/2017 15:22

If UD-2 comes off this will go to 1p+, if it's another screw up then I guess 0.3p.

You pays your money and takes your choice.

[tickboo] 13/11/2017 15:18

They separated the oil and gas plays a good while ago so am not surprised ud-2 isn't included in this update. I hope for news on ud-2 by the end of next week at the latest but it could drop at any point. I think this is a decent RNS, we now have a clear plan and as I understand it the oil is low hanging fruit.

Seems it has given those long and short confidence due to the lack of gas news!

[loglorry1] 13/11/2017 14:49

The RNS is great news, they are obviously confident re the test results for Udabno 2 and are now ready to press on with the oil at speed.

Ha ha ha - yep so confident that UD-2 didn't even get a mention. Just kicking the can UD-2 is of course a duster.

[bumpa33] 13/11/2017 14:43

I love Frontera’s approach to news releases, give ‘em the good stuff, quietly sweep the bad stuff under the carpet and hope no one notices?

[bumpa33] 13/11/2017 14:29

“Ok Steve, looks like UD-2 is another duff one, what can we do?”

“Just give em another drill instead Zaza, work it baby”

“Nice one Steve, thanks for the tip”

“Er, should we mention U...?”

“Don’t be so bloody stupid Zaza...”

[bumpa33] 13/11/2017 14:21

The RNS is smoke ‘n mirrors.

[mr_blonde] 13/11/2017 14:20

The RNS is great news, they are obviously confident re the test results for Udabno 2 and are now ready to press on with the oil at speed.

[bumpa33] 13/11/2017 14:05

Yep, give them a sniff of another drill, hope they all forget about the current one..!

Classic

[dodge city] 13/11/2017 14:04

But that's a very interesting RNS, are those drills already funded or are we looking at another placing in the next 3 months?

[loglorry1] 13/11/2017 14:03

You beat me to it Bumpa - Zaza was too tired to pen even a one liner that everything in the testing was going to plan? Clearly now moving focus out into the distance next year and away from UD-2. This is a classic strategy that CEOs use.

Got to keep the hope alive.

[bumpa33] 13/11/2017 14:00

Taribani update...

No update UD2

[dodge city] 13/11/2017 13:30

If everything goes to form you will never hear about what they are doing or not doing at UD2 again.

[tickboo] 13/11/2017 13:23

Dodge, I think that's about right, they need more meat on the bones to delcare commerciality but no part of the block can be taken for 5 years. News on ud2 needed for sure, the silence is worrying some.

[dodge city] 13/11/2017 13:22

How many studies does this company have to do ffs?

If there is oil or gas there get it out and start making money.

[bumpa33] 13/11/2017 13:06

FRR has no coverage other than the house...

[tickboo] 13/11/2017 12:44

44m traded with buys chucked in does not represent a lot of selling! If news leaked the volume would be a lot higher.

Where are these broker notes then? More BS from the short (excluding log who didn't jump on that nonsense post yesterday).

[dodge city] 13/11/2017 12:39

Alot of selling going on today, maybe bad news has leaked.

[bumpa33] 13/11/2017 12:05

Heavily offered now...