Frontera Share Discussion Threads

[thefozzer] 12/10/2018 12:57

Loggy,

Do you not think legitimate holders should be concerned about YAs antics and a well known bear being in possession of potentially confidential emails?

It stinks.

[loglorry1] 12/10/2018 12:53

The bulls cry that the bears are "desperate" and then loads of posts about people being grasses, having emails from YA, sending emails to Georgian Gov, reporting Zaza to the NOMAD etc.

What are you all scared off? If FRR have great flow rates and super-majors are interested why don't you want it to come out.? As you say the share price will rocket. Surely you want to stop Zaza suppressing good news.

Sounds to me like you are annoyed because the real news is coming out.

[tune player] 12/10/2018 12:43

Of course it stinks Fozzer, what’s going on here is appalling and I for one hope that they’re brought to task.

The problem is the foot soldiers however great they think they are will be used and thrown away like disposable trash.

They’ll be left holding the baby.

Ouch

[thefozzer] 12/10/2018 12:18

Tune,

I agree.

What the hell is Tom doing with emails concerning YA???

Stinks.

[thefozzer] 12/10/2018 12:15

Emailing the Georgian gov with smear, crying to the Nomad, confidential emails being gossiped about, constant social media attacks.

Smacks of desperation to me.

[tune player] 12/10/2018 12:15

Aside from the desperation Fozzer it tells me they’re probably privy to information from the other side, probably being paid, not necessarily financial as the short takes care of that and above all else the end is nigh one way or another.

[thefozzer] 12/10/2018 12:11

Its either one of two things.

1) Outrider have seen the situation with YA and are playing dirty and have called in the loan early.

2) The Super Majors have insisted that Outrider has no claim on the assets that the Super Majors may be about to do a deal on.

Both scenioros are possible. What is worth nothing is that it is Frontera that have initiated this court injunction and not Outrider. That's certainly what the RNS states.

It's not good to have all these loose ends and it feeds into the shorters narrative. However, I strongly believe there's a deal or two about to drop with a Super Major.

I ain't selling a bean and judging by the share price action the big holders agree with me.

Hats off to the shorters they really are throwing everything they have at this. What does this tell you? Smacks of desperation to me.

[graham84] 12/10/2018 11:59

Any legal team for any major oil company who are negotiating with frr would want all points tied up such as loan notes secured against assets they are about to invest in.
A major's legal team may want an official position from a court to protect themselves. Note that it is frr who have instigated the case not outrider and this may simple result in early settlement of the loan at a negotiated amount from proceeds of a deal.
Which if you are a major investing a very large sum of money you would prefer.

[thefozzer] 12/10/2018 11:36

Tune,

There actions really do stink and there arguments are very wishy washy.

Unless Zaza is a world class actor there's a deal about to drop with a Super Major. I suspect the super majors interest has triggered the proceedings with the GOGC/YA and Outrider.

GOGC, FRR's PSC seems rock solid hence why there's been no progress in over 8 months. I actually think the GOGC may have been approached by another major (Socar perhaps) ref some parts of B12.
We know the Taribani and MK gas field are not in the sights of GOGC and that the request by the GOGC will not affect a deal with a super major.

Ref YA, YA may have done something irregular and FRR are quite rightly investigating this. Zaza, being aligned with shareholders, has our best interests in mind.

Ref Outrider, well FRR have instigated this action. So I suspect it's to tidy up the corporate side before a deal is signed.

I do agree with the shorters that FRR is skint, that's obvious. It does seem like Zaza is trying to haul FRR over the finishing line with the Super Majors without dilution.

This easybrent chap caught my eye, wonder if it was him? Pure panic mode.

[tune player] 12/10/2018 11:23

Oh dear oh dear,

I wonder who’s in cahoots with who and who has information being drip fed to them.

Let’s see what happens if FRR come out on top and this gets exposed via disclosure.

Remember foot soldiers are just fodder.

Be very careful whos dirty work you naively do.....

[thefozzer] 12/10/2018 10:57

Good point Mick, I don't know.

Could it be that it's just not an appropriate term for an RNS? I don't know but it's got the shorters in a complete meltdown.

I'm 99.9% it's Exxon, If the shoe fits...

[mick1909] 12/10/2018 10:54

Foz why didn't zaza just say super majors in todays RNS??

[thefozzer] 12/10/2018 10:53

Fess up Loggy and Wshak,

Do you know who went crying to the Nomad?

Sore losers imo.

[mick1909] 12/10/2018 10:53

applegarth14,610 postsRns -deliberate entrapmentI thought the Rns was unnecessary, considering we are still way off the 12 month highs at 0.66p. So why release it in the first place? Could it be an ulterior motive by Zaza to create a shorting situation ie YA and then next week release a 'blinder' of an Rns? I imagine this is what he is up to, deliberate entrapment and it might just work....f/c/k the shorters? We must be close to the data release and update on the two Majors....next week possibly?. After all, that half hearted attempt at a SpeedingTicket Rns was very strange indeed, imo....bodes well

[mick1909] 12/10/2018 10:48

1,154 postsRNSInteresting times we live in especially if you are a FRR SH.Why the RNS and written in such a way that the Outrider issue was mentioned after the Majors reiteration, FCA notice (worried shorters reporting ZaZa), Arbitration then Outrider. All I can suggest is that Outrider wanted to force FRR hand and that the YA issue (non payment) means that they are in technical default and this allowed them to ask for payment or conversation to shares!!! So FRR counter claimed in the Cayman courts so effectively freezing any forward motion on this as its now subject to a court hearing (could take many months) in the mean time a Major deal is landed before Outrider can force FRR to convert the loan to shares. Good move by FRR. Gosh how empty is this box that everyone wants a share off

[thefozzer] 12/10/2018 10:45

I appreciate that the shorts are in complete panic mode now due to the majors interest but this is this new paradigm that your short exist in.

Own it.

[thefozzer] 12/10/2018 10:43

The request for arbitration hasn't gone anywhere for 6 months and is not for any of the blocks the super majors are interested in.

That is a lie. Today's RNS does not say that at all.
--------------------------------------

Can you tell me how things have moved on with arbitration WShak? How long has it been now? 8 months and still nothing.

[wshak] 12/10/2018 10:43

"The Company previously announced that it had entered into Non-Disclosure and Data Exchange Agreements with two industry majors with a view to progressing possible transactions involving a farmout or joint operating agreement. Technical work and commercial discussions are ongoing with both industry majors and the Company continues its extended well tests to support data analysis for the two industry majors."

"with a VIEW to progressing POSSIBLE transactions"

LOL! That's nailed on then, isn't it?

The only certainty is that they've signed an NDA (standard) and they're exchanging data (standard).

Don't worry, though - Zaza gazed into your eyes and gave you a warm, fuzzy feeling.

[thefozzer] 12/10/2018 10:41

Mick,

Totally agree with Devex ref the Outrider situation. Im speculating discussions are moving onto commercial terms now with the super majors and this is part of the tidying up process.

It's a positive for me.

[wshak] 12/10/2018 10:38

thefozzer,

FRR has choosen not to pay YA untill they conclude their investigation.

FRR are in an incredibly weak position. They can't just refuse to pay with no consequences. Normal practice is to meet current obligations and take legal action separately over any grievance.

The request for arbitration hasn't gone anywhere for 6 months and is not for any of the blocks the super majors are interested in.

That is a lie. Today's RNS does not say that at all.

FRR initiated the proceedings with Outrider, possibly tidying things up before a super major deal is done.

It is ridiculous to suggest that FRR would initiate proceedings against a passive debt holder, who they are merely paying in PIKS (more notes, so no cash outflow). There is clearly a problem with this SECURED creditor.

All of the above does support the view of a Super event about to happen.

Of course it does ... I wouldn't expect anything else from you.

[thefozzer] 12/10/2018 10:29

Loggy/WShak.

This is what you should be very worried about if you're short on FRR stock. So again, with all the attention and bleating from the short lambs the Nomad has signed off on the below.

"The Company previously announced that it had entered into Non-Disclosure and Data Exchange Agreements with two industry majors with a view to progressing possible transactions involving a farmout or joint operating agreement. Technical work and commercial discussions are ongoing with both industry majors and the Company continues its extended well tests to support data analysis for the two industry majors."

Baaah baaah...fess up.

[thefozzer] 12/10/2018 10:22

Well WShak.

FRR has chosen not to pay YA untill they conclude their investigation.

The request for arbitration hasn't gone anywhere for 6 months and is not for any of the blocks the super majors are interested in.

FRR initiated the proceedings with Outrider, possibly tidying things up before a super major deal is done.

All of the above does support the view of a Super event about to happen.

Fess up, who is the grass that went crying to the Nomad about the shareholder meeting. Do you know?