Frontera Share Discussion Threads

[bumpa33] 06/2/2018 15:59

About 1.6 billlion?

[bumpa33] 06/2/2018 15:40

might explain your fondness of a group hug perhaps..

[bumpa33] 06/2/2018 15:39

the only thing that makes Frontera special is being able to attract a particularly stupid and forgiving bunch of amateurs to its solely PI shareholder base.

Whatever medication you’re on, you’ve been on it too long.

[thefozzer] 06/2/2018 14:49

I've not even mentioned the 202tcf of conventional gas internal estimates across B12. No wonder there's chitter chatter in Washington. Sssshhhhhh...

Great buying opportunity today.

Opinion only.

[thefozzer] 06/2/2018 14:48

I've not even mentioned the 202tcf of conventional gas internal estimates across B12. No wonder there's chitter chatter in Washington. Sssshhhhhh...

Great buying opportunity today.

Opinion only.

[thefozzer] 06/2/2018 14:43

Nice company Trinity and with oil prices on the up they should do well.

What Trinity lacks is 1.6 billion barrels of recoverable oil estimates and 9tcf of recoverable gas estimates across its block. These are the numbers which make Frontera very special. Think COVE and SOU but way bigger...

Group hug.

Opinion only.

1p Ahoy

[bumpa33] 06/2/2018 14:20

The north American drilling revolution is coming to Georgia via Dustin

best gem of the bloody lot.

[thefozzer] 06/2/2018 14:01

Log, what if the small amount owed is paid off from oil revs?

The north American drilling revolution is coming to Georgia via Dustin.

Now is the right time and right place.

Three cheers for the potting shed Hero's

The race to 1p is now on.

1000bopd of OIL + 3mmcfpd of GAS...Yeah that's a nice short term target.

Opinion only

[loglorry1] 06/2/2018 12:57

As you know Jaknife Zaza can say what he likes to his groupies at a his groupie lovefest. Well at least they get a beer and a smile.

No more equity being raised. What does that mean?

1. So far doesn't need to increase the authority from last time e.g. plenty more to be issued.
2. As 1. as long as UD2 works.
3. As 1 as long as Tarabani works.

As 1,2,3 unless plans change and other "opportunities" present themselves.

As above but until when. Perhaps he just meant a week on Thursday.

Perhaps forgotten but even after May/June YA still have loads and loads of prefs to convert. It seems perfectly likely that they'll want to continue printing more shares so they can pay themselves back and take their 20-30% bump on top. In any case how can #FRR refuse them?

So in summary I'm sure Zaza can do what he likes re selling more shares and most likely will.

[thefozzer] 06/2/2018 12:48

But if YA are selling then does that not imply yet more shares being issued and more equity being raised? I was at the presentation the week but last and heard Zaza say that they didn't need to raise any more equity.

Was Zaza lying?
_________________________________________________________________________________

Lol Jack, keep on posting matey, there's been some gems on here. At least Log reads the RNS's.

Group hug, three cheers for the potting shed hero's, it's going to be alright.

See you at 1p

[thefozzer] 06/2/2018 12:43

what, their MO is to dump way below bid?
_____________________________________________________

On 14.5m of course it is, there in the business of getting their money back.

group hug

Tick tock

[tickboo] 06/2/2018 12:33

Come on JK keep up! Feb, March and April and hopefully May as it will mean the share price has appreciated. RNS 8th Jan -The agreement with YA contains a limitation of a maximum of 1,300,000,000 ordinary shares ("Ordinary Shares") that YA is entitled to convert before 16 June 2018. Following this conversion, 1,105,903,921 Ordinary Shares out of agreed 1,300,000,000 will have been converted and issued to YA. Accordingly, YA may only convert a further 194,096,079 Ordinary Shares before 16 June 2018.Please note, YA will sill be owed £2.5m or so but there are 2.25bn headroom shares left which at 0.5 is over £11m. If FRR is producing 300bopd from March then 600bopd from April and 900 from May things will look a lot better and RBL May come into play. If ud-2 can produce 3mmcfpd I'm sure the EBRD will finance the pipeline, in their interest after all and could get RBL from that too. Who knows but not all doom and gloom.

[thefozzer] 06/2/2018 12:06

Who owns the $33.5m of debt?

Surely they stand ahead of the shareholders in the "right to assets" stakes?
_________________________________________________________________________________

Well no bull would disagree I think? Is that right? There's been so many fairy tales written on this thread that I've lost track of you all.

Didn't Tim state the license was lost? No bull said we were going private?

Such a love fest on here.

Group hugs...tick tock YA nearly out...drilling results our very soon...

1p price target.

It's a bloodbath they cry.

[bumpa33] 06/2/2018 12:04

what, their MO is to dump way below bid?


yeah, right - group hugs everyone, lets all get warm and fozzy

[thefozzer] 06/2/2018 11:59

another 14.5 million dumped at 0.47

Someone wanted out big time.
________________________________________________

Yep that will be YA and that's their MO...TICK TOCK YA are nearly out...

Group hugs...it's a bloodbath.

1p price target

Opinion only

[bumpa33] 06/2/2018 11:58

Fozzer - what's your opinion?


Group hug anyone?

[bumpa33] 06/2/2018 11:33

strange selling this when it's so clearly the next Cove.

[bumpa33] 06/2/2018 11:30

another 14.5 million dumped at 0.47

Someone wanted out big time.