Frontera Share Discussion Threads

[thefozzer] 09/2/2018 11:38

Jack brother, you really aren't doing log bump any favours. The share price is marginally up from this morning.

The overall share price is up from 0.06 range just over six months ago just as the trigger got pulled the share price moved. I'm happy in the 0.50s, represents good value for new market participants. I've recommended this to my work mates. Supremely confident.

Drill bit turning at T45...massive move coming. Predict 1.6p spike on good T45 oil results.

Just an opinion.

[tickboo] 09/2/2018 11:37

Showing your medallion? Okay I meant short!

[tickboo] 09/2/2018 11:36

3 MMs on the bid and paying over so looking good.JakNife has your shirt been open since 0.48?

[ccr1958] 09/2/2018 11:35

Sellers a bit previous imo..but explains why share price being held back a tad !

[tickboo] 09/2/2018 11:32

Most PLCs are down today as a result of the DOW but FRR is up and even when more sells than buys. A good sign.

[ccr1958] 09/2/2018 11:24

The frenzy may just come early?

[thefozzer] 09/2/2018 11:18

But loglorry and his mates said this should be going down.
They are the experts, so what's going wrong.
I was holding off buying until this share crashed and now it's gone up FFS.
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Don't follow bullitin board hero's or bloated blogs Dodge.

The key indicators here were...1) Outrider issue sorted 2) peace made with Government entities 3) Dustins appointment and perhaps the biggest 4) the 1p director share conversions and Zaza's cool recently made 1 million gbp share buy at 0.58.

T45 drill bit turning, 3 Zones targeted, perforated and comingled. Initial flow rate predictions 1000 bopd dropping off to 300-400 bopd. 2 oil wells planned next to be drilled and completed by April.

Ud2 results due soon after big frac applied with V18 deep high impact well planned next.

Perfect storm is coming.

They'll be a share price frenzy on positive results.

Just an opinion

[ccr1958] 09/2/2018 11:16

1 trade just gone thru ,here we go !!

[ccr1958] 09/2/2018 11:14

Momentum building !!!

[dodge city] 09/2/2018 11:08

But loglorry and his mates said this should be going down.

They are the experts, so what's going wrong.

I was holding off buying until this share crashed and now it's gone up FFS.

[thefozzer] 09/2/2018 11:06

The market is panicking and this share is going up.

That can't be right can it?
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The market knows there's a good opportunity to make some money here.

Follow the director buys, the trigger has been pulled.

Success on T45 is a game changer.

Just an opinion

[thefozzer] 09/2/2018 11:05

Wow fozzer - you are really coming across as desperate.
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It appeared to me that it was you who was apprearing desperate whittering on about the DOW and the past.

I'm actually as cool as a cucumber here pal. The market is a wonderful levellar. A few weeks to go before T45 results. If T45 flows 300-400bopd it's a game changer for the company. The share price will spike up to 1.6p by my estimates.

I'll make a promise to you. I promise not to gloat if you have a short position.

Just an opinion

[dodge city] 09/2/2018 10:49

The market is panicking and this share is going up.

That can't be right can it?

Somebody must know why, is news starting to leak out to the US Senators and Trump?

[loglorry1] 09/2/2018 10:46

Wow fozzer - you are really coming across as desperate. Why not just let your confidence in the unknown play out? We all agree that the future you paint is not impossible. Surely if you were confident in it though you wouldn't need to post every 2 mins about it?

You remind me of MoneyMunch over on the UKOG thread when he was telling us that transformation news was coming when the shares were 6p and how we should all load up as they were about to double. Back at 3p now and on the brink of a bigger fall.

[thefozzer] 09/2/2018 10:34

Good post tickboo.

And now is the time to deliver, can Dustin turn T45 from an oil well into a super oil well using his native USA drilling techniques?

I think he can...worth repeat listening.



Just an opinion

1.6p spike on T45 good results is my prediction. Remember to slice.

[thefozzer] 09/2/2018 10:28

I wonder if we'll get an update next week, Frontera are loving the Twitter even as much as Donald. The clock is ticking...tick tock tick tock.

Transformational few weeks ahead with T45 high impact oil well results along with the dark horse Ud2 result.

Just an opinion

[thefozzer] 09/2/2018 10:24

$400M of trying
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Hey Log, thank you for the reminder, the $400m is all potential enterprise value for new participants at this level. The $400 cost recovery pool can be offset against any govenment "take".

If T45 flows 300-400 bopd and Ud2 flows 3mmcfpd this enterprise value can be factored into the market cap.

Any potential JV will see the $400m cost recovery pool as a huge shop window attraction. Thank you for the reminder.

I speculate a 1.6p spike on good T45 oil results. Take profit and trade the swings coming.

Just an opinion.

[tickboo] 09/2/2018 10:24

Fireflying on lse -

Great post by Devex on iii and to add to his thoughts.....The story here is so compelling, but easily misunderstood if your focus is at all myopic.
The balance sheet doesn't look great (although the company is in a MUCH better financial position than it was even 6 months ago).
The historic success of getting these wells to flow is not great from a production perspective.

But when you understand that this has been a giant exploration play for many many years, it starts to make sense. The efforts to hold on to the block must have been great - Zaza was at pains to highlight that the size of the asset is unusual for such a small company and is more like the asset of a major.
The size of the block is very big and Frontera has delineated great amounts of OGIP / OOIP with NSA.
The value is 100% of the block and the DATA.
Put that together with modern drilling and completion techniques and the business case begins to reveal itself; we have been shown the most recent commercial models for the gas and oil development programs and they both look compelling.
Further, get an understanding of the original strategic path and the aspiration of the business to look at under explored and under exploited fields from the Soviet period around the Black Sea, a plan hatched in the late 1990s and it starts to make more sense.
Understand how the Soviets operated: drilling wells, taking the easy oil and then plugging and moving on, like taking the lid off a jar of honey, dipping a finger in and then moving on.
Now look at the politics of the region. The strategic importance of Georgia to the West (both EU and US ref foreigh policy towards EU energy) as an energy and trade corridor.
Then get an understanding of the political progress of Georgia itself as a nation moving towards the EU with an association agreement signed in July 2016 and the more recent progress on the EU energy community.
Look at how Kvirikashvili recently restructured his entire government.

Then you can begin to understand Frontera.

[thefozzer] 09/2/2018 10:18

Tickboo,

Again summed up nicely, a good balanced post. The risk is now operational at the well oil head and it's time Frontera starts walking the walk. Totally agree.

For good T45 results my charts are telling me 1.6p but it really could go anywhere after 1p. Now is the time is take a position before the herd arrives.

Just an opinion.

[loglorry1] 09/2/2018 09:58

No not only do you have no proved reserves you have no reserves at all its all prospective resource numbers. Nobody can dispute the claim that this might change. It hasn't changed in 12 years and over $400M of trying. Obviously hiring a 100K/year guy from the US may make all the different. I doubt that.