Frontera Share Discussion Threads

[peterpowell21] 04/3/2018 15:39

Was it you fozze that said FRR had spent 400m pounds over the years?
If that is the case these should have been shut down years ago.
If the system did not let them keep doing discounted placing to stay alive they would have had to close down. Yes some people would have lost money, but only a few. Over the years a lot more people would have saved money.
I am not picking on FRR alone i think that 90% of aim companies are in the same boat.
But some people are making a lot of money out of the AIM market, so the show must go on.

Any way lets hope this turns out to end up in that 5% soon.
and as long as we have hope, we are still in the game.

[thefozzer] 04/3/2018 15:34

Exactly Peter, the gap between the rich and poor has never been so great.

I know and have known very rich people and they just become richer and richer.

Back in 09/10 people in Europe faced house repossessions from the very bank that our taxes helped bail out. To big to fail? More like too big that they were bound to fail. What an insane world eh.

Anyway, let's hope FRR makes us a few quid for our families.

Just an opinion.

[thefozzer] 04/3/2018 15:19

The AIM is like the wild west Peter.

However, the huge skin that the FRR directors have in the game gives me faith. Most of the funds and ii abandoned the AIM many years ago, so seeing the city swine invest a modest 1.5m locked in for 6 months is another reason to be cheerful.

All is about to be revealed for better or worse.

Just an opinion.

[thefozzer] 04/3/2018 15:12

LOL, even they're not stupid enough to actually buy shares in what everyone knows is just a complete rip-off designed to part mug punters from their hard earned cash.
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The city swine are at the table Jack and they got a much better price than Mr and Mrs Smith.

The city has to eat Jack. They must suckle.

Just an opinion.

[peterpowell21] 04/3/2018 15:10

Maybe if you were not allowed to forward sell you would not get the discounted shares and the massive loss PI's suffer because of it. Now i know most companies don't care as all they are interested in is getting the money to feed there wages. Yes a lot of companies would go bust as brokers would only get the placings away at the market value to companies that are run well.Lets face it 90% of companies on AIM need to go out of business. Most are frauds IMO, so they would not be a loss to a good market.
Maybe companies that are run well should only go into say the AIM 250. risky ones into the AIM 1000, And the rest just closed down or put into the AIM worst of the rest market, But nothing will change, lies manipulation and fraud will carry on unchecked by the regulators.
Just my opinion on a sunday afternoon after reading what Beaufort have been up to.
But we all know this has been happening for years. It has taken the FBI to bring it out into the open while the FCA have sat back and done Sweet FA about it.

[thefozzer] 04/3/2018 15:05

Thanks for your thoughts Peter, I'm always interested in other investors share price targets and their reasoning behind them. I really invested in FRR for the Gas play which has now obviously suffered from set backs and a small delay.

However, the more I learn about the oil the more I'm realising that the oil could be transformational for the company also.

Best of luck to you. I think we're closer to a result of sorts then i first estimated.

Just an opinion

[peterpowell21] 04/3/2018 14:44

fozzer

I am hoping for more than 0.85p but i see that as a fair market cap if they hit 400bopd.
To be frank i would not have invested here if i had noticed how high the market cap was. i don't know how i missed it really. Only because at the time i invested we did not know what we know now. I would have thought the risk was not worth what the M/c was at the time. I now think that after the last rns and the info we had from Malcy its worth the risk. But i still cant see this going much higher than 0.85p on good news.
I see VAST as being a much better overall bet, smallish M/C making money, lots of news to come and have just got a finance deal. You also don't have the risk of a well result going bad and the share price plummeting on that result.

But hell if it gets to 0.85p that's still around a 70% increase.

[thefozzer] 03/3/2018 17:54

Peter,

Generally speaking rich people dont buy retail AIM shares. They buy wholesale through discounted placings.

Don't know anything about NUOG, if I'm trading momentum in a stock then I've found the less I know about a company the better concerning my maximising my wins and minimizing my loses.

FRR is different, it's a conviction buy for me. Ramp deramp pump dump yada yada the truth is about to come out at T45

Good luck with your 0.85p, I'm after something over a penny myself.

Just an opinion

[peterpowell21] 03/3/2018 15:48

fozzer

8% loss is not a lot when you look how unlucky those buying in on the ramp before the placing, and then getting hit again a day latter when the broker is found out to be crooks, allegedly.There loss is about 35% in a week.
Just another day in the AIG casino.

[peterpowell21] 03/3/2018 15:35

AIM is just an unregulated casino.
PI's have been ripped of for years.
The whole lot is corrupt, manipulation, lies, anything go's as long as it lines the pockets of the few.
How is it legal that people can forward sell share they are getting at a massive discount just after a ramp fueled rise. To joe public that has no idea the share is about to be worth around 20% less than what they are paying for it.
They are all in it together, they work together for there financial benefit.

[thefozzer] 03/3/2018 08:11

Fozz

I don't think it a great time to trade NUGO.
Just read that they have a new broker and they have not had the placing money off Beaufort yet, so do not know where they stand. The thing is if this placing has to be placed again will the new placing have to be discounted again from the already discounted placeing. Its a mess over there.
____________________________________________________________________

Haha yep, I learnt the hard way, exited with an 8% loss. Should have opened a short eh!

Can't win them all.

Just an opinion

[dodge city] 02/3/2018 21:36

What happens if they get some oil out but not the flow rates they are hoping for, say only 200bopd.

[bumpa33] 02/3/2018 21:25

well maybe the SEC should give the FCA a lesson or two then :)

[peterpowell21] 02/3/2018 16:50

I think we will get a RNS monday saying casing has finished and we are now in the process of starting the fracking.

i liked this bit from Malcy's blog.

"it is clear that very ‘live’ oil flowed back in substantial quantities with the mud and that it is therefore highly likely that this well has indeed exceeded management’s expectations".

Yet not any movement on the share price
Very Live, substantial quantities, highly likely, exceeded.
How many other positive words could you put into one sentence.

The company just have to live up to these expectations now.

[tickboo] 02/3/2018 16:33

Yep, initial higher and stabilises there. That didn't include the additional zone 13 so all being well it should be at the higher end, if not beyond 400bopd. For little old FRR which has spent some $450m over 20 years to double its production would be a good, albeit late start. Will bode well for the other 2 oil drills and ud-2 would be a massive bonus. Ud-2 could be the biggy.

[peterpowell21] 02/3/2018 16:30

dodge

it will be nice to hit the high end of there forecast.
What was it, 300-400bopd ?