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Frontera Resources Share Chat (FRR)



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FOOLS_NIGHTMARE
Posts: 236
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
Be still, sad heart! and cease repining;
Behind the clouds is the sun still shining;
Thy fate is the common fate of all,
Into each life some rain must fall,
Some days must be dark and dreary.
Henry Wadsworth Longfellow (1807–1882)
 
5pPlasticBagget
Posts: 1,242
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
If this is the end I am so pissed off with all the BS that was spoken in the shareholder meeting in October.
It would be nice to hear from the company, hopefully this document that has been revealed today is old news and a settlement to make this company work has been agreed.
I'm trying not to be too peed off until we hear the truth, but surely it is over to FRR to get some kind of update to us now, either via YJ, Mlacy or maybe it is time for FSHG to make initial contact?
Nolosstillsell
Posts: 6,497
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
As I cannot view the document I am a little blind here. When was the discovery granted? Was it after these documents were drafted?
bedex
Posts: 2,954
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
5p, Noloss, That's what I got but waited and refreshed and it came up. You may need to zoom in once it appears to be able to read it.
theprodigy
Posts: 5,888
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
star - your talking about the injunction being lifted on 18th December- it was re applied. Do you think wed still be here with block 12 if it wasnt re applied ffs
Nolosstillsell
Posts: 6,497
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
Im getting the same 5p
5pPlasticBagget
Posts: 1,242
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
I have not read the document as do not have access, not that I cannot be bothered.
I click the link and it says, document does not exist
StarRage
Posts: 2,388
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
Prodigy, happy puppy? Jesus, get a life. The injunction has been lifted, what do you think that means? It looks like Frontera can go to trial but essentially the judge is saying don’t waste your time. I’ve got much more invested than you here, and you think I’m happy?! Ffs.
WHamBoy
Posts: 405
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
What we need now is YJ, Zaza, Malcy or Mole to confirm that this is old news. If this was indeed the initial document, and that it preceded all those words of comfort, then we are still on track. We need to know what happened today, not 2 months ago.
brgmg69
Posts: 1,395
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
If you can’t be bothered reading the document at least look at the dates on the document and scroll and look at the comments at the bottom of page 18. When that has been done look at the court listing from today.

Now I haven’t a clue what’s going on however in light of what we now know something is happening!
Arsenal221
Posts: 34,630
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
Would have thought that case would have been dismissed rather then a stay on proceedings.
robocharlie
Posts: 16
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
For uninformed read timing. Not sure how that autocorrect happened!

Agree 5p it could be a permenant stay but doubt it would be granted as what would happen if by some miracle we wine the appeal. Would we then have to restart the case? Can’t see Cayman courts wanting that given their reputation for timing and cost efficiencies.
5pPlasticBagget
Posts: 1,242
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
The Stay is probably a permanent one, i.e. that there is no case.
I've not read the document, but going on what people have said here it is not good.
It seems like Zaza decided to play poker with all our cash and lost, he could have done a fund raise for the $2m interest, I do not understand why he has gambled the company for the sake of $2m.
Fell well peed off
robocharlie
Posts: 16
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
Star rage thanks for posting. My reading is that this is the judgement that we are taking to the court of appeal. So yes the injunction has been lifted but it was immediately reinstated until the court of appeal hearing. We knew this.

Not great reading for FRR but there is a lot in there about preliminary arguments etc which makes sense as the initial hearing was essentially an emergency one to get the injunction in place.

I think given the uninformed of the publication of this that my earlier post was probably close - I.e. hope has asked for the commercial case to be put on hold until the outcome of the court of appeal hearing as the current judgement makes it clear (sadly) that there is no case to be heard on any of the claims made by FRR.

Hope I’m wrong and today’s application is to stay proceedings for an OOCS as per the final paragraph of the judgement!
Goit
Posts: 314
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
An ooc not in frr's favor? Was this a stalling tactic for the loan? Why was YA restructure deemed so leniant if not for evidence against Hope? Short term cash flow issues or box ticking for the loan agreement? I have literally no idea what is going on. Those last few pages of the judgment make very little comfort.
theprodigy
Posts: 5,888
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
star - its from the 18th December. The injunction was lifted and then re applied
Heres the last statement in the document from 18th December hearing, delivered on the 19th January

it starts- the frontera group appears to have considerable value despite the present dispute and then goes on to suggest they should resolve the issue out of court.

Item 50 in the document - i cant cut n paste.
you've either been excited like a happy puppy and in your haste to post not read the detail

or you have an agenda.

Thank god when crap like this hits we are not tradeable.
Puddy
Posts: 10,748
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
No
brgmg69
Posts: 1,395
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
So what is today all about? The Stay etc
Zibrahimovic
Posts: 5,209
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
We always knew they were incompetent lol
Ivyspivey
Posts: 9,623
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
Star Rage.
Thanks for posting and read through everything and your analysis seems to have been pretty accurate.
As the judge said at the end it is more about a commercial judgement.t moving forward rather than a judicial one.
Let us hope pragmatism takes over,everyone puts past.thoughts apart and work together and try and salvage something my from this mess
RogerA
Posts: 422
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
I agree zip, but I didn’t like the bit where he wrote that claiming Hope neglected fiduciary duties was a case of the pot calling the kettle black.
StarRage
Posts: 2,388
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
I bloody hope so 5p!
tintin35
Posts: 2,588
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
NOMAD resigned 2 days after FRR were told the draft findings....
brgmg69
Posts: 1,395
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
If the Geo government take the block back everybody loses, maybe that is what will drive a commercial compromise.
5pPlasticBagget
Posts: 1,242
Opinion:No Opinion
Price:0.2875
RE: Puddy
11 Feb '19
Star, you said, "Let’s see what Frontera say".
Do you think we will hear from them!?
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