Frontera Share Discussion Threads

[wshak] 10/10/2018 13:56

Nervous of what?Being loathed by AIM frauds, death spiral financiers, and pump/dump merchants?God forbid any of them actually like me - I'll know I've done something seriously wrong.

[welshwiz] 10/10/2018 13:37

Someone a bit nervous?
Birds of a feather flock together.

[wshak] 10/10/2018 13:24

Hi superg1,What is the fraud that you are referring to?Exposure of boiler room stocks wasn't fraudulent behaviour last time I checked.

[welshwiz] 10/10/2018 13:20

Have decided to take a position in FRR.
I know that Frr have been a pos over the years for investors but maybe this time it is truly different.
A perfect storm?
G.l.a

[superg1] 10/10/2018 13:18

Hi all

I've just been made aware of potential fraud here by the usual crew. I was oblivious to it.

No surprise then that when I checked the thread the last one to post is Tim Kempster.

I understand some want to nail the usual lot for their frauds and general criminal behaviour. I'm on standby re another and I'll be trying to sort something there as time goes on.

So if you need help or anyone with a lead wants to pass me the details so far then let me know.

Some may not know me, I've not read the thread so I understand caution.

About time a few pulled together and sorted them out via the correct means.

[loglorry1] 10/10/2018 13:17

....oh just to add I don't think Georgian Gov are necessarily dragging their feet.

[loglorry1] 10/10/2018 11:49

So what do you think the arbitration is about then and why do you think the Georgian government has not proceeded with proceedings?

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I have no idea what it's about but I have my doubts that the stuff you were fed at the meeting is a true indication of its severity or it's extent. For one thing Zaza contradicted himself over it within the same hour. These things are very expensive and time consuming. The fact he commented on it at all was surprising. I think he's made some very desperate claims in that meeting to cause the 20-30% spike we saw probably to allow YA to sell more shares. Just a guess though.

[thefozzer] 10/10/2018 11:42

Loggy,

So what do you think the arbitration is about then and why do you think the Georgian government has not proceeded with proceedings?

Do you think the T field and MK are part of any arbitration request? I don't think they are if two Super Majors are looking to do deal with the fields. I think due to all the big oil interest the GOGC are looking to take back some of B12 that FRR havnt expired. I think FRRs PSC is rock solid and FRR have said no chance.

YA is your only hope Loggy... :-)

[loglorry1] 10/10/2018 11:27

@Mick you are right profits on the short side are very much skewed against investors. There are potentially infinite losses vs at most 100% gains.

That's why experienced investors don't get involved shorting stocks unless they are very confident of the outcome.

Also I might add that the way to make good money on shorts is to short spikes and cover a few on the way down. As these types of stock die a death they follow a very similar "saw tooth" pattern spiking up by 50-100% often before more gradually falling back. That provides some great opportunities to play the bounce.

The great thing about companies like FRR is that they never fail to disappoint when it comes to issuing shares. They'll do it again soon to settle their supposed dispute with YA.

Bulls face a Tsunami of stock hitting the market over time. The share count has gone from 50m to 16 billion over the years with absolutely zero real operational performance.

Sure this time it could be different but investors have been saying that for years and it never is.

Zaza was very clever in painting a picture that soon they'll enter a new golden era. I seem to recall him saying the same thing at the last meeting and the one before that.

[mick1909] 10/10/2018 11:20

Thanks for explaining but from the example i gave was that correct and if it went to 0.1p from 0.5p is that equivalent to a 400%

[thefozzer] 10/10/2018 10:59

Mick,

Say you short BP for 10 quid a penny and the share price goes down 10p then you make 100 pounds. If BP goes up 10p then you lose 100 quid.

Spread betting takes a lot of disciple to ensure you take full advantage of profits and minimise losses.
The beauty of shares is that you can just hold without the drama of margin calls etc.

I've not looked at FRR short deals for a while. I imagine it's difficult to short in any great volume though. Despite the time Loggy and WShak put in here their overall positions could be very small in comparison to some of the larger holders here. Not that this should devalue their opinions though.

[thefozzer] 10/10/2018 10:53

It's not Rocket science WShak, you don't need 15 years investment experience to work this one out.

If a deal with a super major lands the share price rockets if it doesn't land the share price goes down.

Seems straight forward enough to me.

If you think Zaza is lying then short away, If like me, that heard and saw Zaza, thinks Zaza is telling the truth about the super major deal then buy buy buy.

[thefozzer] 10/10/2018 10:48

Loggy/Wshak

You failed to read my post correctly or perhaps you didn't want too? I was pointing out that COVE got hit with a final tax liability just before it's take over deal went through. Loggy was suggesting that a deal with a super major won't be done if FRR have issues with the gov.

It's clear to me that the PSC is solid and that the T field and MK field are not in the arbitration equation regardless.

If I was short I'd be worrying about that Super Major RNS landing.

Im betting Nov for that RNS. Just a guess.

[mick1909] 10/10/2018 10:46

Can you tell me how shorting works so say you take out a short @ 0.5p for £5,000 at 5:1 leverage so that amounts to £25,000 so if the share price goes to 0.25p have you doubled your money?? How much do you make if it goes to 0.1p??

[wshak] 10/10/2018 09:52

thefozzer,

Again, you show your ignorance and lack of research.

I know far more about Cove Energy than you can ever know as I was a major investor in Lapp Plats - the shell that it used to get a listing.

I was responsible for weeding out all the shysters who approached us for a deal before John Craven finally moved in, who I knew from Petroceltic.

One of the guys who I turned away was someone called Alan Burns (RIP) who claimed he had had huge success with Hardman Resources. He later ramped the hell out of BPC where a lot of people lost their shirts.

[loglorry1] 10/10/2018 09:38

Cove was a totally different situation. It's always cited as a situation where a big company bestows great riches on a small oil company. It's the lottery ticket winner that keeps all you guys buying tickets. However in actual fact they had some very real and valuable assets, just one important difference between FRR and Cove among many.

Thanks for conceding that a Super Major deal may now happen.
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LOL, see there you go. I certainly can't truthfully say it won't ever happen as any future event like that has some possibility. As I've said though its extremely unlikely to happen and even if it did I doubt it will result in any material value to share holders.

[tune player] 10/10/2018 09:33

Couldn’t agree more Fozzer,

All I see with this lot is liars and manipulators.

1.5m to trade fulltime. Says it all really.

[thefozzer] 10/10/2018 09:31

Loggy,

You didn't hear about the issue COVE had when it's billion dollar deal went through?

Thanks for conceding that a Super Major deal may now happen. There's hope for you yet Loggy.

[thefozzer] 10/10/2018 09:28

I doubt it, however, as it's clear that I know far more about FRR's operations than you do.
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You do come across as a very arrogant chap WShak. Perhaps this is why you think you get flak from the boards?

I think your arrogance and malevolence will be your downfall.

Anyway, I wish you well in life and I hope you use your financial position for good.

[loglorry1] 10/10/2018 09:26

WShak you are looking good for 51

[loglorry1] 10/10/2018 09:24

Really Loggy? Well your postings on Sunday suggest otherwise.
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What like when I said I'd listened to Zaza's word class performance and couldn't stop laughing?

[loglorry1] 10/10/2018 09:22

@fozzy to start with I think there is a very tiny chance that FRR get's a JV or similar deal done with a Super Major. There has never ever been, to my knowledge, such a deal done with a company that is in arbitration with it's host government over a license dispute. Major oil companies value their relationship with host governments very very highly.

However just to humor you let's assume they do. Why do you think that would even mean you are going to make much money? Everyone knows FRR are totally skint and have managed diddly squat on B12 over the last 12 years despite spending a fortune on the block. The last deal I can think of where a super major farmed in was in Mongolia with Petro Matad when BG farmed in. At the time of the deal they carried MATD on a couple of wells but took 58% of their license for it. That valued MATAD from memory at less than it was trading at the time. Subsequently BG pulled out anyway when they were taken over by Shell and paid a break fee.

I'm afraid it is just a total myth that large oil companies do JVs with tidllers thereby making all the tiddlers shareholders very wealthy. They seldom do these deals anyway and when they do they are usually very one sided on the side of the major. That's completely correct obviously as the major is the one bringing everything to the table.

I know now you'll start making things up about how I now think a JV is going to happen. For the avoidance of doubt I think that is a very very remote possibility but even if it does happen it won't mean that much for FRR shareholders.