Share Name Share Symbol Market Type Share ISIN Share Description
Frontera Resources Corporation LSE:FRR London Ordinary Share KYG368131069 ORD SHS USD0.00004 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  -0.005p -1.85% 0.265p 26,786,122 14:00:02
Bid Price Offer Price High Price Low Price Open Price
0.26p 0.27p 0.28p 0.265p 0.27p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.91 -13.26 -0.15 41.8

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Frontera (FRR) Discussions and Chat

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Date Time Title Posts
20/8/201822:48FRONTERA AND BEYOND16,617
27/7/201818:58FAO Fozzer or others ref Joe King11
24/7/201813:48FRONTERA - FULLY FUNDED FOUR WELL CAMPAIGN18
24/7/201812:47Frontera Oil, and more oil2,479
22/5/201805:57Satanslave -

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Frontera (FRR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2018-08-20 15:23:480.27750,0002,002.50O
2018-08-20 15:01:180.2737,785101.00O
2018-08-20 14:47:390.2620.01O
2018-08-20 14:46:100.273,000,0008,025.00O
2018-08-20 14:40:060.27185,059495.03O
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Frontera (FRR) Top Chat Posts

DateSubject
20/8/2018
09:20
Frontera Daily Update: Frontera Resources Corporation is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker FRR. The last closing price for Frontera was 0.27p.
Frontera Resources Corporation has a 4 week average price of 0.26p and a 12 week average price of 0.26p.
The 1 year high share price is 0.88p while the 1 year low share price is currently 0.09p.
There are currently 15,770,835,403 shares in issue and the average daily traded volume is 36,564,435 shares. The market capitalisation of Frontera Resources Corporation is £41,792,713.82.
12/8/2018
21:23
graham84: Hi fozzer A CONSPIRACY THEORY - MAYBE??? In todays mail on sunday there is an article about JKX oil and gas. It states that a ukrainian has quietly become the second largest shareholder with 20% and the BOD are now trying to find out the how and why. Could this be happening at frr - a few facts looked at from a different angle. Rumour failed takeover at 3p or are they still trying using different tactics? Zaza uses primary bid for placings direct to public rather than uses institutions who might at some point in the future sell them onto a stake builder. YA shares sold direct onto market rather than placed with institution. Share tipping service find out about arbitration- could they have been fed the information by someone wanting to build a large low cost stake. Suddenly YA and placings stop. Could it be that the BOD realize that they are making a rod for their own back as it were. Shareholder information starts to be restricted is this to make it more difficult for someone building a stake. Zaza in podcast when asked about BOD percentage of shares is shaken and just gives approx percentage is this because he does not want to give information to possible stake builders. A number of posters have commented on unusual share transactions. Slowly reducing number of shares in free float- possible computerized buy programme in operation slowly buying small amounts each day so as not to effect the price. Number of shorters - some posters seem to think its almost like a vendetta against frr - is this really to keep the share price low for someone building a stake. Lets face it anybody with a large stake bought at these prices is eventually going to make a big profit one way or another given T39 and gas potential.
24/7/2018
06:15
thefozzer: and what if Schlumberger don't make a discovery fuzz monster? _____________________________________________________________________ Then nothing changes for FRR Stanley, at FRR's 45m market cap there's not much of the gas potential priced in. I'm not sure where the share price is going right now, certainly 0.26 is an interesting number on the charts but at some point, with the right news, I'm expecting a big bounce. Just for the record, I'm not saying this is a strong buy, it's highly speculative. If you're short you've called this movement right from 0.60-0.30. Just remember the same emails/pod casts called this short at 0.09 when the share price shot up to 0.70+ Anyway, have a good day all.
18/6/2018
13:14
joe king1: Price FALLING Massive selling again today. LSE mug punters capitulating coz the brain washer, aka, mole-up-his-own hole, has spat his dummy. FRR share price capitulating. FRR it's self is capitulating. This company is a DISASTER Get out NOW, 0.2p coming very soon. STRONG SELL.
12/6/2018
22:22
nobull: TheFozzer "Didn't you say the license would be given back in 2017 and also that FRR would be taken private?" The exploration license expired in November 2017, which is different from the production license. One brings $ into the country (so the govt. will be more inclined to extend it, particularly if the rewards for any discovery diminish, as is the case where the production license expiry date remains fixed) while the other results in $ going out of the country (profit repatriation). The latter will never be extended unless that was part of the original investment agreement. A five year extension to 2027 is the best that can be hoped for, as that was the length of production license extension stated in the prospectus. Mr ZM can say what he likes in AGMs but it has no legal force. Any change of the terms of a production license would need to be RNSed as this is super share price sensitive info; it cannot be released casually at a presentation for just a few shareholders present. THERE IS NO POSSIBILITY OF A 25 YEAR PRODUCTION LICENSE IN THE MIND OF A REASONABLE PERSON WHO UNDERSTANDS HOW CAPITALISM, GREED, THE LAW AND THE LISTING RULES WORK. As to taking it private, there is no chance if the assets are worthless: the purpose of having a listing is to sell shares, not to discover oil and gas in ways that add value for shareholders: the idea is to get mug punters to pay for the much needed exploration work and to further the USA's objectives of winning over FSU countries to the West, an objective I agree with, but not one we should have to pay for. Were I to be wrong, and a well were to gush huge amounts of oil, I think that rather than give us the full monetary benefit from FRR's balance sheet being transformed (a reason for the shares to 10 times given the company is nearly bankrupt), I think we would be bought out at twice current share price so that the successful bidder could have a further 5 bagger with our shares: I have experienced this type of thing before: you see a near cert 10 bagger; someone richer than you comes along and compulsorily buys you out to take the lion's share of the future gain from all the de-risking that occurs (if it all goes right) when a company changes from explorer to producer. Will Frontera succeed in unlocking value from these dud assets? No, it won't; I think I was wrong to even think it might be taken private. Being wrong does not invalidate my arguments. The key point here is that having the quantity of debt the company does compared with its market cap. is so in-your-face (to people who are sensitive to these things) that it cannot be anything but a fraudulent outfit aimed at creating share price volatility using half truths and statements calculated to mislead. THE DEBT HELPS TO CREATE SHARE PRICE VOLATILITY, which makes some people think it is a viable business: it is only viable as a fraudulent share selling operation in my view because the probability of success is TOO LOW. AIMO. DYOR. P.S. it may be legal what FRR is doing, but it is still fraudulent in my view.
10/6/2018
17:50
highasashite: Is BMD about to reveal a story of ZM's skulduggery? That's what was posted elsewhere. FRR share price will be hammered if the story is true.
06/6/2018
12:04
thefozzer: Mick, Totally agree although Wshak and Loggy are giving it a good go today. They have come out with some classics. What they are hoping for "behind closed tweets" is that when the shares are placed with a ii they'll be at a 5 or 10% discount and the share price will drop to the placing price. However, we do not know the placing price and also the market may react very positive knowing that a ii is now on board and that the share price damaging YA shares are now off the market. Once YA is out, the constant dilutions and placements should hopefully be a thing of the past. The share price is holding 0.41 which was what Pedalo joe's support chart showed.
05/6/2018
08:52
wshak: The FRR share price is still extremely high at around 0.40p but it's only in hindsight that bulls will realise this. Yes, the price is weak when compared to recent levels but the enterprise value isn't far off its highs purely down to the sheer volume of shares that have been issued. When Zaza spoke of having a $1b market cap last year, he only needs to increase the share count 8 fold to do that without flowing a drop of oil. Enterprise value now is nearly $130m whilst they have virtually nothing in terms of cash flow, JVs or hard assets. What would be the effect on the share price though? The shares hit 140p at one point over 10 years ago but are 0.4p now. Anyone thinking 0.4p is a bottom for these shares hasn't studied FRR's history well enough. 16bn shares in issue now compared to 70m before.
01/6/2018
12:27
nobull: Attacking me the person by referring to my investment record (I have made terrible mistakes but I do try to learn from them) is the same as attacking someone for throwing a 1 when you yourself threw a 6. The fact they threw a 1 on a particular occasion is neither here nor there. Smart people accept the 6 they threw was partly due to events outside their control and don’t take credit for it except to the small extent they knew what the probability was of getting a 6. The argument of the person who threw a 1 is worthy of respect if he knew what the probability was of getting the 6 he hoped for. I have lost a lot of money on paper by being fooled by the BoD’s cleverly crafted RNSs and by not understanding all the issues here. Suffice it to say, if you are having to resort to a lot of ad hominem (WShak, and other bears on this BB of this stock seem to receive a lot), then it may be a sign one’s arguments about why this is a good company are weak. Sorry for the preaching. If Frontera is a share selling business pretending to have a realistic chance of success in becoming self-financing, it makes sense for the directors to exploit people’s misunderstandings (production v exploration licenses; oil in place v proven reserves; length of time of remaining on the production license and the issues behind blurring the distinction between the two license types with a new license type, the study license; momentary oil flow rate versus sustained oil flow rates; imminent production well, at the time of a placing, that turn into information wells afterward – to conceal a duster; drill rig not good enough and the promise to re-enter with a better rig, all to conceal a duster; use of debt to create share price volatility that creates a few trader winners (from randomness) who will sing the praises of the business model (there is no business model except to sell shares – as WShak says “share count matters”) and infect others with their delusions of how this company has a sound strategy because it is a real company with share price performance from 0.1p 0.6p (all within a downtrend from £1.50 to 0.4p) It is hugely share price sensitive how long the production license is (Production license term changes have to be in a prospectus or RNS, not on a nod and wink basis at presentations) (Compare Company A’s and B’s market caps below). Also, because of the production in the final years adding very little to the value of the company, there should be an urgency to getting T45, UD2, T39, Dino, etc. all flowing by next week on a sustained basis, but of course there isn’t, and as Log says, they aren’t singing the sustained production from the rooftops, are they? The discounting effect is less marked in the early years, so every day’s delay now is EXTREMELY BAD NEWS, to say nothing of wasting the time left on the production license. I believe this company will not even manage 200 bopd on a sustained basis, unless something completely left of field happens (Saudi Arabia and Iran destroy each other’s oil production and ZM crushes the rock through a strainer to get the oil out, a method that might be profitable at $400 a barrel). The failure to have any debt repayment schedule or to have concrete plans to become self-financing other than by oil porn for the unsophisticated in the RNSs is a good reason to avoid this company. AIMO. DYOR. Sorry, I can’t always reply to individual posts.
01/6/2018
10:04
thefozzer: Tickboo, the gas is highly political. FRR want to get this right and not give poor information to the market hence the long testing. Flow rates will probably be on the low side but FRR are only testing a tiny horizon, this well is all about data collection for a JV. 2018 is a massive year for FRR despite this share price sluggish re-action but 2019 will be truly massive, organic growth and profitability through the oil play and hopefully a Big Oil JV with the Gas. End of year share price? 0.70-3p Will the share price be sub 0.40p by year end? No chance. The is the last chance for Tom and his merry men.
25/5/2018
10:30
nobull: While the news on Niko 1 funding looks like it meets my requirement that there should be some evidence that peers in the industry think the assets of Block 12 are not duds, the RNS fails to mention who the institutional investor is (we don't know if the institutional investor has any expertise in these matters, and the failure ever to disclose adequate information, just as with Varang, leaves me thinking this is still a share selling business pretending to be a bona fide oil and gas explorer developer. One of the most reprehensible things about this company is its failure to clarify the license issues. The production license expires on 13/11/2022; it of course has no obligation to discuss this as the information is clearly stated in the prospectus, but that doesn't stop some people thinking they are valid for 25 years from the date something is declared commercial. Like WShak, I too was taken in by Nicandros' garbage about Basin Edge C not being a duster because all FRR needed was a better drill rig to re-enter it, and that was maybe 10 years ago, and it has not been re-entered, and the exploration license expired on 13/11/2017. I agree with others here (Log, Jakknife, et al) that if all the T45 and Dino flow rates reported are not sustained, we will hear nothing again about them. There is no obligation to report failures as there is no expectation of success incorporated into the share price, is there? FRR didn't forecast that such flows would be sustained; they just gave indications prior to the placing of the potential, which is different from a forecast, is it not? P.S. This company can have all the short term share price volatility it likes (e.g. 0.1 to 0.6p) but none of that confirms it has a valid business model other than as a share selling business. The debt amplifies the share price movements when the company churns out the info that is often successful in misleading investors.
Frontera share price data is direct from the London Stock Exchange
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