Frontera Share Discussion Threads

[tickboo] 10/10/2018 18:00

Yeah not good. Hoping they release an Alibaba RNS.

[mick1909] 10/10/2018 18:00

Thanks for the feedback

[loglorry1] 10/10/2018 17:26

@tickboo the tech and growth sector is getting clubbed led by a sell off in the US. AIM tech like WAND is going to get annihilated if that continues.

[jayrh] 10/10/2018 17:25

Some bums are going to burst rumour is tw in trouble for misinformation. I wonder if ya are complicit.

[loglorry1] 10/10/2018 17:23

Worth noting in years gone by AIM seemed to be better regulated (although saying its light touch is an understatement). Now it seems companies can pretty much do and say what they like and a NOMAD seems to sign off on it. They keep taking the money until the stench gets so bad that sometimes they resign. In some cases even after resignation the company might find another NOMAD to take them on. In the case of FRR I think they may be on NOMAD number 4 or 5.

Many of these firms are incorporated and run from offshore companies and there is simple no way to seek recourse if you did expose them as a fraud.

When you throw in the ability for companies to effectively print stock and sell it directly to the public via a death spiral firm like YA it really makes you realize the little guy has no chance.

In my opinion the junior AIM market is a total minefield for investors. Story stocks and resources stocks are best avoided.

[wshak] 10/10/2018 17:10

I should add that, as a rule, I don't short proper companies that are simply over-valued.

I prefer companies that exist generally to sell shares in themselves to gullible investors. Those companies never recover, even after I have exited my position. There may be peaks and trough but the long term trend is always down.
My constant bashing isn't the reason they don't recover - it's the sheer volume of shares being printed and sold, along with the sales pitch being proven to be false with the passage of time.

In other words, boiler room stocks.

[satanslave] 10/10/2018 17:07

Naaa then tittybooboo. .I didn't sell any my old peanut. .win or loose. .on the booze. .you know the Bobby Moore son.

[mick1909] 10/10/2018 17:04

Still think you lads are crazy shorting this stock though its a gut feeling

[mick1909] 10/10/2018 17:03

Thanks for clearing that up, just get my head round shorting so the long game is definitely better as you can have bigger payouts just picking the right horse so to speak

[loglorry1] 10/10/2018 16:49

Can you confirm that a short opened at 0.5p then the share price goes to 0.1p does mean a 400% profit for yourself not quite sure how it is calculated i know 0.25p would mean 100% profit
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Mick if you were short £1m of FRR at 0.5p and covered at 0.1p you'd make £800K profit. You'd receive 1m from selling 200m shares at 0.5p and then spend 200K buying them back at 0.1p.

The maximum profit you can make is 100% on the short side on a single trade if the shares went to zero.

Obviously using spread bets etc. adds leverage.

[mick1909] 10/10/2018 16:36

Fair enough You could end up in a situation where you keep adding to your short on a rising share price then the news lands e.g deal done with majors which it increases further have you thought about this risks to your strategy??Can you confirm that a short opened at 0.5p then the share price goes to 0.1p does mean a 400% profit for yourself not quite sure how it is calculated i know 0.25p would mean 100% profit

[tickboo] 10/10/2018 16:18

Did you sell any of your 40m?

[wshak] 10/10/2018 16:15

Mick1909,

If the share price just keeps going up and up at what point will the penny drop?? Or will you just keep adding to your position??

I will keep adding in the absence of news so all FRR have to do to break me is release news of stupendous flow rates, a deal with a major that makes the current mkt cap seem cheap etc, etc.

CTAG got to 23p at one stage (I got some away at the very top), UKOG got to 13p, BPC to 7p and countless others I've called out over the years.

CTAG was the worst I've come across but FRR isn't far behind. I rate it worse than UKOG in terms of my trust in its management so that's saying something.

[loglorry1] 10/10/2018 16:10

@TheSkipper I didn't say 3 judges had been appointed I said that they'd be no need to as all they have to do is ask @fozzy what he thinks.

[mick1909] 10/10/2018 16:09

A question to the shorters If the share price just keeps going up and up at what point will the penny drop?? Or will you just keep adding to your position??

[mick1909] 10/10/2018 15:49

regdik1,153 postsRE: AllMost seem to forget that this field bordering a tectonic plate between Europe and Asia. The pressure below ground is enormous which makes it a difficult drilling environment. However, it also has benefits in O&G as it forces the oil and gas molecules tighter together and has formed this mega field over the millions of years. As stated a gas bearing layer is over 2000m thick (unheard of) and hence the huge potential claimed. The mud was always an issue but this seems to have been overcome. Plus the free flowing oil is at a greater depth and of exceptional quality. If the majors have been sniffing around since June/July they will now have a clear picture of the field and a greater feel of what is viable and how best to extract. If they believe it was not financially viable they would have walked away before now and the Nomad would ensure the market was informed.So we have two majors talking to FRR about O&G development and I'm sure GG and the US will be monitoring every move as this is both commercial and politically game changer for the region. One of the most telling quotes was SOCAR saying it welcomed competition in Georgia - who as Azerbaijan are struggling to fill the new pipeline. . They must be convinced something is about to happen. Forget the 3 months I think ZaZa was allowing traders think that they could deal for a little while longer..... whist he could release an RNS any day now and by just mentioning the majors by name would send the share price to new heights hitting shorts and traders in one fell swoop. . .

[mick1909] 10/10/2018 15:42

daniel1son30 postsRE: shatnerI think the fact one of the majors has put forwards a model that would demonstrate significant OPEX savings and significantly increased revenue, is probably one of the biggest indications we have that at least ONE deal will happen.Those kinds of models aren't "off the shelf", that'll have been bespoke, and created around the data that FRR have allowed them to be privy to. It would suggest that particular major is pulling out the stops to demonstrate why FRR should go with them...

[the skipper] 10/10/2018 15:37

I never mentioned Newcastle Tim, but only a complete idiot wouldn't recognise that shorters are acting in concert here, thanks to the internet footprint that you guys have left.

Thank you for confirming that a 'request' for arbitration was all that was received. If formal proceeding had commenced the company would have been obliged to RNS it so there is no evidence that three very expensive judges have been appointed and the CEO has confirmed at the investor meeting that the discussions with the state agencies relating to the request do not relate to the parts of the block which are subject to negotiation with the majors, so it is just another pathetic attempt to scare investors into selling.

Anyway the weather is far too nice to stay indoors so I'm off down to the coast.Have a nice day thinking up your next piece of tripe.

[loglorry1] 10/10/2018 15:19

LOL Skipper comedy gold. Is that the "cartel" run from the Caravan in Newcastle?

There is absolutely no evidence that a formal arbitration process has been commenced between the company and the State Agencies of Georgia.

Who said it had. This is what was in an RNS although if more has happened I doubt we'd be told since it was extracted by TW's blog:-


The Company confirms that it has received a request for arbitration ("Request") from Georgian Oil and Gas Corporation and State Agency of Oil and Gas in respect to certain terms of the Company's production sharing contract ("PSC") in Georgia


The reality is that with Super Majors moving in to tie up a deal on two of the fields the Georgian Oil and Gas Corporation is either trying to get its hands on the under explored/peripheral parts of the block or discount expenditure on those parts from the historic costs of around $400m which can be offset against profits.

Reality is? There is absolutely no evidence of this!

[the skipper] 10/10/2018 14:58

Good to have you on board SuperG. A typical example of the lies being perpetuated here by Tim and his cronies is in his latest scare story above where he states:
"Right so no point appointing 3 very expensive judges for an expensive time consuming arbitration in Sweden then? The GOGC should have just asked you what you thought when you looked into Zaza's eyes eh? No need for very expensive lawyers."

There is absolutely no evidence that a formal arbitration process has been commenced between the company and the State Agencies of Georgia. The reality is that with Super Majors moving in to tie up a deal on two of the fields the Georgian Oil and Gas Corporation is either trying to get its hands on the under explored/peripheral parts of the block or discount expenditure on those parts from the historic costs of around $400m which can be offset against profits.

Another example of extremely dodgy behaviour by the shorting cartel was a few weeks ago when the poster Satan's slave claimed that a report was going to be published in the USA that week regarding fraud undertaken by the Directors of this company. Suffice to say it has not come to pass. Another issue is the obvious sharing of confidential information between the YA II vulture fund and ShareProphets as revealed in posts on here.

All the usual suspects are involved here and clearly visible if not on here through their Twitter postings, one even going so far as writing to one of the state agencies trying to persuade them to relinquish the PSA on the back of the dispute with the vulture fund. The reality is that the vulture fund opened naked short positions in anticipation that they were going to be issued stock from the company, and then ended up in dispute when the company found out and offered to make the monthly payments in cash instead of stock.

As I've said before the net is closing in and some might have reason to be concerned, very concerned.....

[loglorry1] 10/10/2018 14:05

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

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SuperG welcome to the board. I'm not sure what can be done about low life ramping CEOs like Zaza of Frontera and his use of death spiral finance to sell stock to PIs while simultaneously ramping it.

However it's good that you are willing to give it a go. Although I make money from terrible companies like FRR the methods they use should be illegal as they are in the US.

You have my full support.