Frontier Min Share Discussion Threads

[blueball] 23/1/2015 09:52

Wheres norbie these days gone into hibernation..?

[time 2 retire] 22/1/2015 00:11

EU and Kazakhstan initial Enhanced Partnership and Cooperation Agreement...

The EU-Kazakhstan Enhanced Partnership and Cooperation Agreement was initialed in Brussels on 20 January 2015.

This agreement will greatly facilitate stronger political and economic relations between Kazakhstan and the EU. It will increase the flow of trade, services and investment between the parties and will contribute to Kazakhstan's political and social development.
The initialing of the Agreement is an important step towards its eventual signature and subsequent implementation.
On the EU side the agreement was initialed by chief negotiators Mr Gunnar WIEGAND, Director for Russia, Eastern Patnership, Central Asia, Regional Cooperation and OSCE at the European External Action Service and Mr Luc Pierre DEVIGNE, Head of Unit for Trade aspects of European neighbourhood policy, Trade relations with countries of the CIS and Balkans at the European Commission's Directorate-General for Trade. On the Kazakhstan side it was initialed by Mr Alexei VOLKOV, Deputy Minister of Foreign Affairs and Ms Zhanar AITZHANOVA, Minister for Economic Integration.

Background

Kazakhstan is the first Central Asian partner to have concluded an Enhanced Partnership and Cooperation Agreement with the EU. The new Agreement will replace the Partnership and Cooperation Agreement in force since 1999, and will give EU – Kazakhstan relations a new up-to-date and stronger foundation.

Over the past decades, the EU has become Kazakhstan's first trading partner and first foreign investor, representing over half of total FDI in Kazakhstan. Bilateral trade amounts to above € 31 billion, from which € 24 billion is Kazakhstan's exports, notably oil, while about € 7.5 billion is EU exports to Kazakhstan, mainly manufactured goods, machinery and equipment.

[induna123] 19/1/2015 16:35

From the last results.

"Devaluation of Kazakhstan Tenge in February 2014 had a significant impact on foreign exchange loss during the 9 months of 2014."

They ended up losing $16m. If they devalued the tenge again it would be the death knell for FML.
Why do you think the mm's have marked it down last week?

[temmujin] 17/1/2015 22:17

this should help FML
Interesting comment from Financial times

Kaz Minerals rallied 9.5 per cent to 194.1p, having fallen sharply on Wednesday in tandem with copper. The rebound came amid speculation that Kazakhstan could devalue the tenge, which tends to follow the rouble, but is pegged against the US dollar.
Kazakhstan’s 2014 devaluation triggered a 20 per cent share price rally for Kaz, which pays around 60 per cent of its costs in tenge, analysts said.

[blueball] 14/1/2015 21:08

Well good luck tem.

[temmujin] 14/1/2015 21:06

always get a big pull back before a big tsunami

[blueball] 14/1/2015 21:05

20% drop today.

[temmujin] 20/12/2014 11:02

in a year price of oil will be $150 a barrel...will they be struggling then? once the frackers are wiped out in the next year you'll see this will happen...trouble is the electric car is going to be the norm but this will use up alot of mineral resources to supply the electric infrastructure...price of copper will go thru the roof and we'll be minted

[trentendboy] 20/12/2014 09:00

Really? Russia on the rise? Brazil struggling?

Long term though this deal might make a difference.

However, the company itself is still in trouble. Long way to go.

[mrwindmill] 14/12/2014 09:13

Kazakhstan and China ink deals worth $10 billion,who knows? the Chinese in the future could buy Frontier as they are looking to invest in the country.Source The BRICS Post.The BRICS nations are on the rise.

[roadster750] 01/12/2014 14:41

mrwindmill havnt u heard
www.youtube.com/watch?v=2WNrx2jq184

[mrwindmill] 01/12/2014 14:36

What news?????

[blueball] 01/12/2014 12:02

Profit taking today.

[blueball] 28/11/2014 17:10

Looking good temm.

[temmujin] 28/11/2014 16:27

UP 50%...looks like news leaked out..was going to top up..damn!

[temmujin] 28/11/2014 16:18

yes been told big news monday...last chance to buy in today...could 2 bag

[blueball] 28/11/2014 14:55

Big riser today.

[induna123] 25/11/2014 09:04

Yep, £3000 worth.

[blueball] 25/11/2014 08:57

Someones dumping large .

[temmujin] 11/11/2014 12:44

look at CRND today up 300% same thing can happen to FML..CHINESE waNT the resources

[jascat] 11/11/2014 09:50

Some new photos of Benkala posted on the FML site.

[hereford29] 07/11/2014 15:16

look at the accounts, they are running a bankrupt company

[temmujin] 07/11/2014 15:04

yeah but what about the massive tax rebate they'll get next year