Frontera Share Discussion Threads

[tickboo] 18/1/2018 21:04

Fair points log. Where do you live? I bet you 5 pints and a pub meal we get a meaningful ud-2 update before 25th. Good or bad. I'm in London.

[loglorry1] 18/1/2018 20:56

Cast your minds back to the last investor meeting. The PIs were desparate for news and were all convinced of an RNS beforehand. None came. The meeting came and went. The usual bullish stories of the meeting were posted and despite no news they all slapped each other on the back and agreed Zaza was a good egg.

Why would Zaza think for one moment he can't pull the same stunt off again? He's a pro. He and Nicandros have been doing it for 12 years. They've had over $400m doing it.

[tickboo] 18/1/2018 20:41

Agreed Richiiiee. Many are short which is understandable given the years of missed targets but either way we haven't got long to find out. RNS re ud-2 on or before 25th, if not it's a waste of time meeting and more jam. If we get one which I'm expecting it might be - we've collected data, learnt a lot for the next drills but it's not commercial or we have anything above 5 scuffs a day would be good to me although some may think disappointing as 10+ would be a real success and game changer. 5 is a C, 10 a B and 20+ and A. Come on gas independence for Georgia and for Zaza to be a national hero!

[bumpa33] 18/1/2018 20:38

At £10m maybe, at £80m you’ve gotta be insane.

[richiiiee] 18/1/2018 20:19

You have to ask yourself the below and make a logical decision based on your answers, that's all I have done1. Would any man in his right mind be willing to hold a shareholder meeting on the 25th without Any update on the gas or even worse a bad update?2. Frontera have promised and undelivered for years, ZAZA has claimed he can turn this company around and fed the investors some great news stories, if this Gas play fails ZAZA can kiss goodbye to his reputation and also the oil as people will jump from this quicker than the titanic. He will lose all faith with investors he can produce anything, would it really be worth that, risking the oil? It is crucial in every aspect that this does not fail for him3. Zaza has promised and it could end up same old Frontera story, is it could all be out his hands and he can't get the flow rates required to commercialise and then it's game over for him and the shareholders! Based on the above I invested. obviously not all positives but as my below post stated it is a PUNT that is slightly weighted in favour of the investor, it's slightly better than 50/50 IMHO, so if you put a little in, yeah you could lose it all/most but if he has found the flow rates you will make a hell of a lot more than you would lose! Base it on that my friends! GLA!

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[loglorry1] 18/1/2018 18:16

Everyone said that about the last meeting too. There was no update other than to say no material news would be disclosed at the meeting. It came and went and all the bulls still love Zaza.

He won't give a stuff and nobody will give him a hard time. What exactly will you say to him? That you are dissapointed he can't update? He'll say he's dissapointed too but it won't be long.

[tickboo] 18/1/2018 18:13

Agreed, log. If an RNS isn't released before 25th the meeting will be a farce and I for one will let Zaza know. I'm sure we'll get a ud-2 RNS though and hopefully it'll be positive.

[loglorry1] 18/1/2018 18:06

The point is proper companies release news via an RNS. I didn't ask for a picture. I asked why they hadn't shown one the last time they tweeted the pic of the UD2 site.

Let's hope they can start releasing some news soon in proper channels. If the LSE crew are to believed about massive flow rates I can see no reason why they can't release them via an RNS.

[loglorry1] 18/1/2018 17:13

If the gas was flowing guys they'd have said so in an RNS. In fact they are duty bound to say so. Why tweet a picture of A gas flare (not even sure it is THE gas flare) instead?

We are all fed up with tweets and meetings and podcasts and waffley interviews. A flow rate is what is required. They've had 7weeks+ so why not just tell us what it is.

I know "it's cleaning up yap yap yap".


Log

[bumpa33] 18/1/2018 14:24

If Ud2 comes in, it’ll be a bloody miracle.

[tickboo] 18/1/2018 14:12

I'd think a ud-2 RNS Weds or Thursday next week. Could be a game changer or a damp squib.

[miahkaysor] 18/1/2018 13:45

PYC major news due soon!!!!

[bumpa33] 18/1/2018 08:47

i think FRR bulls are exhausted, they just can't keep it up...?

[bumpa33] 18/1/2018 08:33

the nice pic will give the LSE nutters something to cheer about though.


i almost feel sorry for them, trapped on the seemingly endless Frontera (emotional) Rollercoaster.

[dodge city] 18/1/2018 08:31

Newsflow is clearly being focussed on the oil.

I suspect the only news re the gas will be that they are still carrying out "extensive testing".

[tickboo] 18/1/2018 08:28

I think there'll be an RNS with detail before 25th.

[tickboo] 18/1/2018 08:24

Come on dodge don't be Trump like because it doesn't fit your narrative.

[dodge city] 18/1/2018 08:22

Fake news.