Frontera Share Discussion Threads

[tune player] 05/10/2018 18:04

What ALGW please?

[cudmore] 05/10/2018 16:21

ALGW contract news on Monday. Will be massive!

[the brex pistols] 05/10/2018 16:11

You're a star fozzer

[tickboo] 05/10/2018 16:06

Yeah she's cute, made my night!

[the road to 3p] 05/10/2018 15:59

Well said fozzer. "Russia" is a smoke screen.

[thefozzer] 05/10/2018 15:58

What were your thoughts?

Major deal about to land was my takeaway.

[thefozzer] 05/10/2018 15:57

Tickboo.

I had to get my train matey back up north. Well done on the bar lady :-)

Maybe next time

[thefozzer] 05/10/2018 15:56

I think we should fear radical religoius ideology which prompts people to murder more than Russia.

[the road to 3p] 05/10/2018 15:52

btw in reality, Russia is NOT "very aggresive". It is just your fear talking when you write that.

The average Russian is hood winked into believing that the USA is "very aggressive" too, by the same type of Media garbage that you read.

[thefozzer] 05/10/2018 15:40

ngms27,

Thankfully I assume you're not the CEO of a super major?

Two super majors see value here.

Exxon, Repsol, Block, schlumberger, GOGC and the Chinese all see value in oil and gas in Georgia.

[tickboo] 05/10/2018 15:37

I was asking after you last night, fozzer, did you not go for drinks after?

[ngms27] 05/10/2018 15:36

Wow, how anyone can think there is value here is beyond me!

Years and years of achieving didly squat then a majors going to step in, never mind the very real threat from whats now a very aggressive Russia.

To me thats complete bullsh1t and this is going to the knackers yard sometime soon.

[thefozzer] 05/10/2018 15:33

Ok lets talk about 3p.

100m m/cap is about 0.64p

150m m/cap is about 0.95p

200m m/cap is about 1.28p

400m m/cap is about 2.56p

so 3p is around a market cap of around 470m

Depends on the deal, I honestly think if a good deal with a super major is announced this year the share price will surpass 1p, probably hit the 1.3p.

It could go much higher depends on the market.

[the road to 3p] 05/10/2018 15:19

..is filled with reckless intentions.

[loglorry1] 05/10/2018 15:00

Well @fozzy you flip flop so much I'm not sure what to think. Before you said they had no need for a raise cos they were producing oil and that they can't say how much cos of an NDA. Now you say they are out of cash as no oil and they can't tell us how its going cos not finished testing yet.

You've had your tummy tickled alright.

Guess what at the end of all this there's still no oil and they've spent all the money but no need to fear a load of more hope has been created.

[thefozzer] 05/10/2018 14:55

From almost going bust to possibly landing a deal with two Super Majors is pretty good.

Zaza, you said give you a year, I have and you have done very well.

[thefozzer] 05/10/2018 14:47

Don't go...me and you are like Kane and Abel. I like to think of myself as Abel :-)

[thefozzer] 05/10/2018 14:37

Come on Loggy, don't be like that.

I'll give you that I think FRR are currently running on fumes and that Zaza is winging it till the deal lands. You were right on that one.

Can you point me to where Zaza has lied in the past?

Like I said, gone was the stuttering and stumbling and spin. Zaza told investors straight, expect a deal with a Super Major sooner rather than later.

[loglorry1] 05/10/2018 14:08

Why give the market flow rates which could be inaccurate?
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No reason not to and every reason to if they are good so far. What's wrong with saying maintained Xbopd for a period of Y days but further testing being carried out to ensure an accurate decline rate.

Ref YA, do you honestly think they take FRR to court and engage in a costly lengthy legal battle
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Of course I don't they'll get given a pile of shares and it will be resolved.

The major interest
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A very large set of extra information was given surrounding not least that they were super-majors a term reserved for the top 10 or so oil companies in the world.


the arbitration was in RNS
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The level of information was way beyond what was in the RNS including the fact that the dispute was not around the area being discussed with oil majors.