Frontera Share Discussion Threads

[thefozzer] 08/2/2018 15:23

What an earth are you on about?

The fact is that the drill bit is currently turning in Georgia on the T45 oil well.

Dustin seems very confident about using North American drilling techniques in Georgia.

Zaza has stated that initial flow rates from the T45 well will be 1000bopd and then drop off to 300-400bopd.

300-400 bopd is TRANSFORMATION for the company

Results due soon

1.6p spike on success with a retrace to 1p

Just an opinion

[loglorry1] 08/2/2018 15:18

Bumpa I read your links you posted on Zero hedge w.r.t US rates and the sell off. The BoE also came out today saying that tightening was on the cards.

I'm a bear of little brain so forgive me simplistic view. To me it seems pretty simple if big money can get better risk adjusted returns in bonds than stocks they tend to sell stocks and buy bonds. In simple terms you tend to see a rotation.

Also what gets sold first tends to be the liquid stocks. In falling markets shares which need to keep issuing to survive like #FRR tend to have their capital cut off.

Given the largely loony retail investor base in #FRR I don't think rising bonds or even necessarily falling major indexes will have much of a direct immediate effect. However if capital raising is cut off from the AIM froth it will have a very profound downward effect.

If Zaza is not daft, and I don't think he is, he'll raise again now while he can. Who knows if that will even be possible in a couple of months.

Log

[dodge city] 08/2/2018 15:13

Also snow is on the way, it must be cold in Georgia.

[bumpa33] 08/2/2018 14:58

looking at the 30Y treasury later, weak 10Y earlier and yields going higher again. If increasing bond yields is what's spooking the market, we might be in for more pain, maybe a lot.

[bumpa33] 08/2/2018 14:55

log - you've got the patience of a saint...!?

[loglorry1] 08/2/2018 14:48

Why were Frontera discussed in the US senate Bump if the assets are worthless?

@thefozzer I can answer that one for you. #FRR hired some very very expensive lawyers in the US to help them "resolve disputes with the Georgian gov". As part of that they no doubt were lobbying senators and congressman. It doesn't cost that much relatively speaking to get a US politician to ask a question especially if it vaguely fits with their agenda anyway. $200K would probably do it. Don't worry though all good use of shareholders money.

I'm guessing nobody asked Zaza about this at the investor "love-in" recently?

There are BTW plenty of question marks over the PSC which have never been properly explained. This "new phase" you are so excited about actually only now falls over a "study phase" on the PSC. Don't let little things like that worry you pet.

[thefozzer] 08/2/2018 14:35

Fact is, the assets are and always have been, worthless.
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Why were Frontera discussed in the US senate Bump if the assets are worthless?

The FACT is, if T45 flows 300-400bopd it will be transformational for the business.

3 oil wells planned with another 4 being talked about. That could be nearly 3000bopd.

Ud2 deep gas results pending larger frac...

It's happening.

1.6p spike with a retrace to 1p on T45 good results.

Just an opinion

[thefozzer] 08/2/2018 14:31

What an earth are you on about Jack?

Of course no P1 or P2 reserves have been booked yet which is why success at T45 will be transformation. COVE Energy sold for 1.2 billion GBP had zero P1/P2 or P3 reserves.

Have you listened to what Dustin said ref the fields being comparable to the revolution in the North American fields.



Have a listen, it's only 3 odd mins long.

It's a 1.6p spike ahoy!!!

Just an opinion.

[bumpa33] 08/2/2018 14:22

Fact is, the assets are and always have been, worthless.

[bumpa33] 08/2/2018 14:21

facts get in the way of lottery winning style gains. Facts are the natural adversary of greedy stupid fools. Facts are to be ignored and ridiculed at all costs. Facts are for those who don’t want to take on the House with their last chip.


Facts only seem to turn up in half yearly reports - like $11.5m net loss on $1.5m revenue.

Fact is, this company is broke.



Banish facts from this board, they are not wanted.

[thefozzer] 08/2/2018 14:08

Any stock would shoot up on transformational results. But expecting such results from Frontera is nought but a wet dream fantasy of a few rabid rampers that don't understand well geology.
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Jack...you know Jack.

But this man does...



Tick tock...

1.6p spike and a retrace to 1p on T45.

Just an opinion

[thefozzer] 08/2/2018 14:05

Now the longs are expecting lottery style fantasy winnings from T45 being drilled for the third time and that just strikes me as the whimsical musings of dreamers rather than the rational objective analysis of sensible investors.
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Initial flow rates are predicted to be above 1000bopd for each oil well dropping off to between 300-400bopd. We're now employing the same North American techniques that changed Americas energy landscape to Georgia. Dustin has brought the USA magic to Georgia.

Success on T45 will be transformation to Frontera. The drill bit is turning with results very soon.

Just an opinion.

Money to be made here.

[thefozzer] 08/2/2018 13:58

It still amazes me that anyone imagines that the Russians left any oil 40 years ago when they first drilled and depleted T45. And given that Frontera drilled it again nine years ago you would have though that they would have shouted from the rooftops back then if they had found anything material - they didn't
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What an earth are you on about Jack??? You're not doing Log any favors mate, best you and No bull just keep quiet and hope that T45 doesn't flow. And it will flow.

We're drilling new zones (Zones 9, 14 and 15 of the Eldari reservoir) in the formation, employing new fracs and co-mingling the zones. There's over a billion barrels OIP at Taribani. We have Dustin, a whizz kid North American ex Schlumberger genius engineer on point. The kid has it and now FRR have it.

Just an opinion.

1p is just around the courner

[thefozzer] 08/2/2018 13:48

It would make more sense to assume that YA will sell into any spike as has happened consistently with every recent spike.
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What with 60m odd shares per month which only have a few more months to run anyway. This stock will do a billion plus shares on transformational oil results.

Just an opinion

1p+ price prediction within the next few weeks

[contra] 08/2/2018 13:36

thefozzer - that's a bit of a cheapskate target!. With the oil and gas first results arriving more or less together it could go much higher.

loglorry1- lol, I'm disappointed in you in the way you have raised them, they seem to have developed into trainee hooligans!

[thefozzer] 08/2/2018 13:27

Looking interesting again here , any chance it could tick up and stay up ?
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Good chance of a large spike on T45 results as future success starts getting priced in, I'm thinking a spike to 1.6p then retrace to 1p. I think we'll get news of Ud2 after T45 results and if Ud2 flows above 3mmcfpd and V18 is confirmed as next well I think we'll spike back up to 1.6p and maybe beyond.

Lot's of money to be made here.

Good luck.

Just an opinion

[loglorry1] 08/2/2018 13:22

They changed the name of UD2 what more do you want.

[thefozzer] 08/2/2018 13:05

Hey Contra, I'm happy to debate the pros and cons of my investment with people but much of the augments are centered around the past which don't wash with me.

New Georgian politicians, New CEO, New Engineers, New focus, New company. They really could have done with changing the name but no matter.

On T45 this will spike past 1p.

Just an opinion.

[loglorry1] 08/2/2018 12:59

They are both my love children.

[contra] 08/2/2018 12:53

I don't look in here very much now so I'm not sure about the shorting family, but, is JakNife Bumpa33's love child or is it the other way around ?