Frontera Share Discussion Threads

[dodge city] 22/3/2018 13:16

The 1p tomorrow one with an opinion.

[bumpa33] 22/3/2018 13:14

which one??

[dodge city] 22/3/2018 13:07

Xmas presents in April apparently.

[nobull] 22/3/2018 11:54

"Another nothing RNS this morning."

It is worse than that: it is a "we are pleased to announce another delay thereby diluting shareholders once again" announcement (the debt interest rolling up leading to further potential dilution in the future).

I will not now be needing to send Tickboo £200 (huge relief), as they obviously are not going to meet my first condition, which was 300 or 400 (I forget) bopd from T45 before 1st April 2018. The second condition was that it had to be sustainable production (for a few years?).

I agree with Apache: a placing is now more likely.

P.S. I don't recall, at the time of the last placing, the receipt of info from a service company about mobilisation of pumps being one of the steps anticipated before production could begin. So why comment on it now, unless FRR is a share selling business masquerading as a bona fide oil and gas explorer/developer.

Overpromise, place, delay, collect debt interest, dilute: it works every time. AIMO. DYOR.

[kaisersuzae] 22/3/2018 09:55

https://www.brrmedia.co.uk/broadcasts/5ab272f78e43d12e0d13bcbd/frontera-resources-operational-update

[bumpa33] 22/3/2018 08:13

not another "shorters burn" pillock...?

[bumpa33] 22/3/2018 08:11

watching, waiting.

Another nothing RNS this morning.

[creativehaz] 21/3/2018 21:34

Yep next week will be interesting all right fozzer!! Results maybe by then and as we know with t45 alone shall derisk these ops massively allowing share price to bounce back with a vengeance. with all the suspension and tension I think the market will ejaculate all over the place whilst shorters get burnt or even cremated. Biggest drill$ on AIM!

[thefozzer] 21/3/2018 18:28

Hi Tickoo,

That's not the way boutique lenders operate. YA is purely concerned with debt recovery plus it's 10%.

The drop has all the hallmarks of YA selling out, I think next week is going to be very interesting be that good or bad.

Good luck.

[whoppy] 21/3/2018 15:09

No definitely oil. Lot's of it too.

[bumpa33] 21/3/2018 14:02

you sure it ain’t a lake of mud in the oil pits...?!

[dodge city] 21/3/2018 13:58

Is that another placing going through.

[whoppy] 21/3/2018 13:52

I didn't think oil was coming from the T45 well. Thought it was just gas.

[whoppy] 21/3/2018 13:51

It's quite a big lake of oil.

[whoppy] 21/3/2018 13:51

Apparently not. There are photos of it.

[dodge city] 21/3/2018 13:48

It's clearly just a puddle.

[whoppy] 21/3/2018 13:40

Apparently they have a lake of oil in the mud pits at the T45 well.

[bumpa33] 21/3/2018 09:48

if you go by history you won't be told if UD2 has failed - which in a perverse way is kind of a plus...!