Frontera Share Discussion Threads

[joe king1] 14/9/2018 15:12

thefozzer14 Sep '18 - 14:59 - 18807 of 18809

A deal is being done between Frontera and Exxon.

.................................................................

What a lying kunt, seriously, you have mental health issues.

[thefozzer] 14/9/2018 15:12

"The negotiations started with ExxonMobil International Limited's subsidiary "Esso Exploration
international Limited "for the purpose of concluding a contract which is considered by the West
Geology in the Agency on licensing blocks located in Georgia
Evaluation of hydrocarbon potential based on materials processing"..

[loglorry1] 14/9/2018 15:06

@fozzy looks like a list of things going on in Georgia. Esso (Exxon) does get a mention. No dates I could find.

Looks like its a summary for the State Budget.

Maybe in relation to the prior visit by Exxon that you love to bang on about.

[thefozzer] 14/9/2018 14:59

I could be putting 2+2 and getting 5 but I think.

1) A deal is being done between Frontera and Exxon.

2) This is hugely political hence the high level talks between the Georgia government and Washington.

3) The arbitration request was sparked by Exxon's interest in Frontera.

4) All will be revealed sooner rather than later.

Good luck folks. I just snapped up a few more...

[ccr1958] 14/9/2018 14:46

Yes ,ready to pop again ?

[thefozzer] 14/9/2018 14:43

Mtkvari Basin is Fronteras B12.

Important cavaet: This is all copied and pasted from LSE, I cannot translate the file myself.

Sounds very very promising.

[thefozzer] 14/9/2018 14:35

Cut and paste from LSE, cannot verify myself



To prepare the report, where you will have the Mtkvari Basin hydrocarbon potential assessment and recommendations for its subsequent generation;  start negotiations, "ExxonMobil International Limited"-the subsidiary company "Esso Exploration international Limited"-accompanied the signing of the contract order, which sets in western Georgia, located in the license block of the agency existing in geological materials processing on the basis of hydrocarbon potential assessment

[ccr1958] 14/9/2018 14:28

And so it continues buys being put through as sells ....

[thefozzer] 14/9/2018 14:13

From Bugsy...

Coggy... "Evaluation of hydrocarbon potential based on materials processing"..
Sounds like they're "processing material".. They themselves haven't "Turned a turf" yet..
So who's materials are they processing ?

[thefozzer] 14/9/2018 14:10

The Mykop source rocks that power the Shah Deniz field are right under B12 Loggy. We're right in the kitchen. Onshore too.

[thefozzer] 14/9/2018 14:08

So Loggy.

Back to Exxon, we now have 100% black and white FACT that Exxon are looking to start hydrocarbon exploration in Georgia.

[thefozzer] 14/9/2018 14:01

From the great poster Bugsy from LSE.

Loggy/WShak...it does appear that Exxon are about to start oil/gas prospecting in Georgia :-)

Georgian ministry of finance file..Today 13:44Took some digging out but this looks good.. Georgian ministry of finance file.. Page 147.. 5.3

"The negotiations started with ExxonMobil International Limited's subsidiary "Esso Exploration
international Limited "for the purpose of concluding a contract which is considered by the West
Geology in the Agency on licensing blocks located in Georgia
Evaluation of hydrocarbon potential based on materials processing"..

Bit of "broken English" and needed to translate but sounds like Exxon (Esso) now negotiating with GG...

[ccr1958] 14/9/2018 13:59

Fozz ,I have had level 2 and didn’t find it that useful personally. I believe the market trades reports are bent but that’s ok one has to see through that.

[ccr1958] 14/9/2018 13:54

Oh wow , an actual couple of real sales just gone through

[thefozzer] 14/9/2018 13:53

Buys and sells are NOT accurately revealed by the markets. It's not a conspiracy that the trades are unreported it's just the software guessing between the buy/sell at the time. If you have level 2 you can see into the market more. Best way to check supply and demand on AIM stocks is with dummy buys/sells.

I'm quite happy with the price for now considering the risk reward knowns and unknowns.

Good luck folks.

[ccr1958] 14/9/2018 13:43

There ya go ,we agree bent market .

[tickboo] 14/9/2018 13:35

That's not true. Many large sellsShowing as buys.

[ccr1958] 14/9/2018 13:20

Ok , please enlighten me ,we have at least 50 m more buys today than sells and this down ?

[ccr1958] 14/9/2018 11:16

Good luck with ur price fozz

[thefozzer] 14/9/2018 10:46

CCR.

I'm not sure about the trades but this stock needs volume and news to get to my 0.80-1p top slice first target.

I know that, generally speaking, FRR is a watertight ship.

JackNife...my only advice to you is to ensure you have a guaranteed stop loss on your Short:-)

[ccr1958] 14/9/2018 10:43

My point is unless we have a seller in the background the share price is being pegged ....which to me means boooom time just around the corner 🚀😊

[ccr1958] 14/9/2018 10:41

There is a big buyer around buying in 5m and 2.5m chunks

[ccr1958] 14/9/2018 10:36

Yes tick , easily done .... Fozz just looking at timings of trades and prices ...The spread was tight in all cases the ‘sell’ price could have just as easily been a buy. And I have seen over the years many of my own buys go through a sells ... Highly dubious practice ....between 08.40 and 08.59