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Frontera Res Share Chat (FRR)



Share Price: 0.945Bid: 0.94Ask: 0.95Change: 0.005 (+0.53%)Riser - Frontera Res
Spread: 0.01Spread as %: 1.06%Open: 0.94High: 0.95Low: 0.94Yesterday’s Close: 0.94


Share Discussion for Frontera Res (FRR)


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Fireflying
Posts: 676
Off Topic
Opinion:No Opinion
Price:0.94
View Thread (3)
RE: CPR
22 Oct '14
Nice post - recommended.
Just one thing...
"The CPR although not yet commissioned seems to be near enough on track."

Given the reluctance to release news, the MKGC CPR could be underway already.
If they stuck to the timeframe in the Sept 15th RNS for CPR commencement, and it did in fact only take a month we could literally have a CPR RNS at any time.
Optimistic? Yes, but not completely insane....

The Sept 15th RNS (Sept being in Q4) seems pretty explicit that it WILL be happening sooner rather than later. Look at the use of the word NOW; both explicit and authoritative:
"Independent assessment of Frontera's internal estimates will now commence during the fourth quarter of 2014."

I would be a nervous wreck if I was out of FRR right now.
 
Coggy
Posts: 6,713
Off Topic
Opinion:No Opinion
Price:0.94
DE
22 Oct '14
Good man. Think I'll join you :)
ZyDer
Posts: 60
Off Topic
Opinion:Strong Buy
Price:0.94
Cold Winter expected in Ukraine
22 Oct '14
The BBC site has a story about Ukraine botanical gardens selling plants in anticipation of a cold winter.
DevonianExile
Posts: 61
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.94
Coggy
22 Oct '14
Well - if you really insist I may have to. Done
Coggy
Posts: 6,713
Off Topic
Opinion:No Opinion
Price:0.94
DE
22 Oct '14
Awww go on, one for the road! :)
DevonianExile
Posts: 61
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.94
Short termers
22 Oct '14
Have to say I have had a few beers tonight but I really do get hacked off with people who invest in oil and exploration outfits and take a short term view. Having been here in a very big way for 5 years - with no great current concerns - there is a fundamental need to understand what O & G is all about. It is certainly not about the short term, and it is certainly not about 25 or 50% gains. When they work these these are multiple plays - and a basic understanding of risk/reward factors is pretty fundamental. Maybe not for everyone but try to understand the basics please

Rant over and I promise no more beers tonight.
wonderer
Posts: 1,384
Off Topic
Opinion:No Opinion
Price:0.94
Well 34
22 Oct '14
Is being drilled to further define the extent of the MKGC so it may increase our resource.

Something I wouldn't rule out!
wonderer
Posts: 1,384
Off Topic
Opinion:No Opinion
Price:0.94
Hoodwinker
22 Oct '14
Many believe we will not get a CPR until Q1 next year which might be the case.

Having said the above, we have not as of yet had an update relating to the CPR which is due to be completed this year.
Confirmation of the CPR being completed this year will have a profound effect on the sp and we will see a nice build up to its release and possibly an explosion should it increase our resources
Coggy
Posts: 6,713
Off Topic
Opinion:No Opinion
Price:0.94
Hood
22 Oct '14
I'm not sure Well 34 will have much effect on SP.

When Well 32 was completed, it accompanied an announcement of a massive increase in reserves. The 9 tcf recoverable is what gave us the spike.

I am fairly sure they will not announce any further increase in reserves. From a reputation management perspective, it may harm their credibility in the field of geology, if they keep changing their mind on gas reserves.

Just a thought.
Punkfeelinglucky
Posts: 4,264
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.94
poor show
22 Oct '14
The derampers, have really put up a poor show today. Not getting the basic facts right, mixing up posters and the SP is up. Chin up doom sayers, tomorrow is another day



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