Frontera Share Discussion Threads

[loglorry1] 29/11/2017 14:58

As I'm sure you are aware Bumps all the questions are scripted. It's just PR to sell shares.

If not then why not ask him what the initial flow rate was and what it has risen to during the clean up of the well? It's the obvious question everyone wants answered. Obviously if the news was good he'd give the answer there in no reason to hide that data.

Why is there no pictures on Twitter of the flare running? They posted pics of mud supplies arriving at Dino2 a few days before they delayed it 2 months. I'm sure they can manage a quick snap of the flare. Nobody seems to have seen it.

[dodge city] 29/11/2017 14:57

2 months to build an 18km pipeline - seems a bit optimistic to me.

[bumpa33] 29/11/2017 14:50

could be that even the lower echelons of the market are starting to work it out for themselves here. With Zaza on Vox wouldn’t be surprised to see them coming back to the market with cap in hand.

I like Justin’s podcasts but he never asks the questions that really matter because it’s just PR for the co’s in question. Ask them anyth8ng awkward and they won’t come back...!

[loglorry1] 29/11/2017 14:32

"no more news til January."

Eh? How can it take that long for the well to clean up? If it was going G to flow well it would just take a few hours.

[loglorry1] 29/11/2017 09:11

YA were probably selling heavily yesterday at prices up to say 0.78. They'll likely now take the price down to covert at 0.5 now. I can imagine they'll make 30-40% on their $400K this month. Great work if you can get it.

I see the price is down now to levels prior to this "amazing" news. I wonder how many PI mugs who lap up the BS on LSE got spiked by YA and are now suffering terrible buyers remorse.

[bumpa33] 29/11/2017 09:04

“always an excuse, never a result” - brilliant, that should go on their headstone when this one finally dies.

[loglorry1] 29/11/2017 08:53

Lol tickboo where is the RNS with all this info you have? They dropped a tool downhole, due to high pressure, and gave up! Where is the RNS? This I assume is just more cosy AGM chat from Zaza.

You see always an excuse never a result. If the Russians/soviets flowed gas where are the results of that test?

[tickboo] 29/11/2017 08:50

The previous operator was the Soviets who wanted oil at the time, not gas.

2 years ago the high pressure made them lose kit down the well which they fished out and employed Dustin who may well be young but specialises in stimulation and is employed to get a result.

[loglorry1] 29/11/2017 08:43

Tickboo I wonder why the "previous operator" gave up on it when all they had to do was perf it. Allow it to clean up and get great flows? Oh yeah that's right there was no market for the gas then.

What about last time frr tested 2 years ago? Why different results this time?

[tickboo] 29/11/2017 08:32

If it wasn't commercial I doubt the Georgians would have extended their transportation licence by 5 years rather than the historic 1. They'll be privy to what's going on.

[loglorry1] 29/11/2017 08:22

Always the same with these small cap resource companies. Never ever is it bad news just endless excuses.

If UD2 was commercial they'd know after 7 weeks of testing. The bulls will spin it one way or another but this job was a relatively simple work over performed and test. The total spend was supposed to be 500k. I'm afraid this is not rocket science.

The lack of any flow rate in the RNS speaks volumes.

If the whole market wasn't so euphoric right now the FRR price would be sub 0.1p already.

[bumpa33] 29/11/2017 08:17

pretty damn sure they already know the sort of rate they’re looking at and if it’d been anywhere near decent the market would’ve been told already.

[loglorry1] 29/11/2017 08:05

Yes tickboo I saw that. After 7 weeks!!!, A half decent well will clean up in a few hours. Wells with problems like 88Es IW2 take weeks and in that case was pretty much abandoned.

[tickboo] 29/11/2017 07:56

Small scale mechanical stimulation.As expected, we have drilling debris and fluids (hematite) still coming out of the formation and perforations, and once the well cleanup is completed and we are in a position to accurately measure gas flow rates, we look forward to updating market in due course."

[loglorry1] 29/11/2017 07:45

Zico why didn't they give a flow rate? How much has it increased during clean up? How long has it flowed?

The well needed stimulating. Testing started 7 weeks ago. Well cleanup should take hours not days. All the signs point to a poor result to me.

[ccr1958] 29/11/2017 07:20

tidy call the rally what u like mate but tis the norm now a days traders selling in to good news .. The placees have been selling for weeks already ,I expect steady increase btwtfdik !

[tidy 2] 29/11/2017 03:07

Suckers rally now to allow the placees out. Plain to see.

[bullet ant] 28/11/2017 22:41

I ORDER ALL MY EMATES

TO TAKE THEIR HANDS OUT OF THE BOXER SHORTS OR G-STRINGS AND PUT THEIR FINGERS ON THE BUY BUY BUY BUTTON.


BA
STEALING IS GOOD

[zico01] 28/11/2017 22:28

I have bought back today. This part of the RNS is what gives me confidence that it will be successful " The gas flow rate has increased with progressing of the cleanup of the well ".

Once the well cleanup is completed and a stabilized gas flow is established, the Company will update the market regrading accurate gas flow volumetrics.

[tickboo] 28/11/2017 20:54

Easy BA, good to have you back mate. Same drivel on here for the shorters and us long. Stealing is healthy. Better than good ;)