Frontera Share Discussion Threads

[tune player] 10/9/2018 09:16

So you think they would take it? Think isn’t takeing it is it? It’s just a notion that supports your short in the hope others will join in.

[thefozzer] 10/9/2018 09:14

Thank you for the reply, so if FRR would take SIGNIFICANT sums at virtually any price why are FRR CHOOSING to pay YA back in cash?

That's just not logically Sir. I say to you there's no evidence of a placing but there's plenty of direct and indirect evidence of a deal brewing with Big Oil.

[wshak] 10/9/2018 09:09

thefozzer,

Yes, I think FRR would take SIGNIFICANT sums at virtually any price but none is on offer. So, no placing until they can get one away.

If you think that is a good thing, I cannot help you.

[thefozzer] 10/9/2018 09:06

So, correct me if I'm wrong, you're saying FRR are looking to do a placing but nobody will give them a deal?

That translates to me as there's no placing. Please correct me if I'm wrong Sir.

[wshak] 10/9/2018 09:02

thefozzer,

I'm not responsible for what share price write - we have nothing to do with each other, although they do quote me quite a bit.

I do agree with them, however, that FRR are desperate for funds. Whether FRR can actually get cash in from anyone is another matter, however.

You seem to think that, because FRR has not executed a significant placing, they are do not want any cash. I think this is wrong.

[thefozzer] 10/9/2018 08:40

Loggy,

Looks like GKP is about to go red, once 240 goes it's all downhill.

So much for me investing in a "proper" oil company.

I'll stick with FRR thanks. Two majors looking to do a deal haven't you heard?

Good luck.

[thefozzer] 10/9/2018 08:37

thefozzer,

I didn't say "placing ahoy" - I said they'd snap anyone's hand off if they offered them $5-10m at 0.15p or so.

No-one is offering that.
______________________________________________________________________________

Oh right OK Wshak. So your story is now the FRR are looking for a placing but nobody is giving them the cash? Please clarify Sir as you seem to have slippery shoulders. So do you think there's a placing or do you not? Your friends at share price having been screaming placing for 4 months now.

Gets a bit boring after a while.

Good day Sir.

[wshak] 10/9/2018 08:36

tune player,

You need to take a more intelligent and mature approach to your investments.

It will help you.

[wshak] 10/9/2018 08:27

thefozzer,

I didn't say "placing ahoy" - I said they'd snap anyone's hand off if they offered them $5-10m at 0.15p or so.

No-one is offering that.

[jackthelad5] 10/9/2018 07:44

Haha the bare faced liar doesn't have any experiments left he's all out of ammo and all his maggots have deserted him LOL

[thefozzer] 10/9/2018 07:41

Stanley,

How's the social experiments going you lying old man.

[satanslave] 10/9/2018 06:39

all my little wriggling rampy maggits are out in force again I see,
did I leave the top off my maggit jar?
big bad clone will take all ya pocket money girls. .beware. .

[thefozzer] 09/9/2018 21:05

Loggy,

I'm 99.9% certain Exxon have seen all the ud2 and gas data that FRR have.

Exxon bought out XTO for approx 41billion with 10billion worth of debt.

I wonder what kind of deal FRR may get from the two Majors?

You mention BPC, correct me if I'm wrong but all BPC had was offshore 2d/3d seismic? Correct me if I'm wrong but haven't Schumberger, Exxon, Repsol and the Chinese all started sniffing around Georgia? Don't see any major oil companies drilling in the Bahamas do you? Comparing BPC to FRR is a bit odd.

Anyway, just a view.

[thefozzer] 09/9/2018 20:54

Good luck Loggy, 0.45p this week and with a bit of luck you should get your 0.60p target fairly soon.

WShak said placing ahoy, correct me if I'm wrong but haven't The bears been beating this drum for 4 months now? What's going on? Is your timeframe for a placing open ended? 1 month? 2 months? 6 months? 12 months?

Anyway GKP? Unless theres a stonking RNS 240 will get broke and then its all downhill. Finger on the sell button.

[loglorry1] 09/9/2018 20:49

Yes jack I could be wrong and you might be right. That's what makes a market.

At £100m EV they had better have something very exciting for you guys soon. BPC got to a similar level with a super major signing an exclusivity agreement and paying £250k a month. The major walked once they saw the data as it turned out.

[jackthelad5] 09/9/2018 20:41

You could be right and you could also be wrong - still all to play for and I know what my view is here - good luck with your short position Log hope it works out for you - as Foz said brave move considering the news last week

[loglorry1] 09/9/2018 20:27

Righto self funding from production revenue then?

If true a momentous day after 20 years and $450m of investment!

I find it surprising such a milestone didn't even get a passing mention in recent RNSs. Maybe Zaza forgot in all the excitement just like when he played down Exxon the 'international super major' and called them a mere 'major' oil company I suppose.

I wonder if the 'majors' were approached to see if they wanted to fund the Niko well, due to the last deal falling through, but first asked to see some flow rates from other T wells. FRR asked them to sign an NDA first which they did. That may be as far as it's progressed for all we know and they are still waiting to get flow rates on the T wells like everyone else.

Full marks to Zaza though it's a great ramp!

Good luck next week everyone.

[10p here we come] 09/9/2018 20:16

Delighted.

[jackthelad5] 09/9/2018 20:15

Log - considering Frontera continue to generate enough revenue to cover all operating costs and pay off debt each month, considering we have another well fully funded to zone 15 with negotiations ongoing to fund to zone 19 and considering we have serious interest from 2 majors then your question about a placing is a bit of a non-starter imo. Happy to be proved wrong or even right hopefully. As for grumbling about lack of news this is likely to continue rising in the build up to news which could land anyday

[loglorry1] 09/9/2018 19:45

Just wondering how long the bulls will wait before they start grumbling about there being a lack of flow rates AND no further news about a possible partnership with an oil major? Two weeks? Two months?

Also if I may ask would you all be happy taking part in a placing at say 0.35p to top up the coffers until a deal is signed?

[jackthelad5] 09/9/2018 15:01

hxxps://www.rferl.org/amp/29070046.html ....................

Exxon for years had looked to its Russian holdings as a driver of growth both in its revenues and oil reserves. As it has slowly given up on various Russian projects, the company has struggled to find new sources of growth.

Exxon's oil output has dropped in five of the last six years. The company has made several acquisitions, including in the Permian Basin shale deposits in the U.S. states of Texas and New Mexico, while shifting its focus from Russia to offshore drilling in Guyana, Brazil, Mozambique, East Africa, and elsewhere.

"As it has slowly given up on various Russian projects, the company has struggled to find new sources of growth.....shifting its focus from Russia to offshore drilling in Guyana, Brazil, Mozambique, East Africa, and elsewhere.......I think we all know where 'elsewhere' could be given this article was written on 1st March. Now they have given up on various Russian projects it would make sense that Exxon's interest could be here...