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Be a contrarian investor says Ranjeet Singh Watch here

Be a contrarian investor says Ranjeet Singh


Frontera Resources Share Chat (FRR)



Share Price: 0.36Bid: 0.35Ask: 0.37Change: -0.005 (-1.37%)Faller - Frontera Res
Spread: 0.02Spread as %: 5.71%Open: 0.365High: 0.3725Low: 0.3425Yesterday’s Close: 0.365


Share Discussion for Frontera Resources


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firegazer
Posts: 10,962
Off Topic
Opinion:No Opinion
Price:0.3475
HL
Wed 21:24
frr have told them that "technical work will now continue in order to establish feasibility of commercial production across all of Block 12 "

so nothing has been established as yet, so who is to say this wont go the same way of the gas cpr and just get binned? Surely u have learnt by now that we have nothing here until its actually proved, established and rns'd, rather than hoped for, in progress etc etc
 
Mickthegambler
Posts: 1,214
Off Topic
Opinion:No Opinion
Price:0.3475
RE: HL
Wed 21:20
I think fire your bodybag will have to be put in storage for another investment as the multibag is well and truly out
highlander1970
Posts: 891
Off Topic
Opinion:No Opinion
Price:0.3475
View Thread (3)
RE: HL
Wed 21:16
Mick,

Now that we have declaration of commerciality in process, I think we are all onto a winner.

How big is the question but SN is talking some impressive numbers.

FG

These facts are from the information supplied by the company and standard industry practices...dood.

:-)
bedex
Posts: 908
Off Topic
Opinion:No Opinion
Price:0.3475
RE: HL
Wed 21:14
Mick at least you know how you ended up here 😊
Mickthegambler
Posts: 1,214
Off Topic
Opinion:No Opinion
Price:0.3475
RE: HL
Wed 21:09
I'm just a gambler that's stumbled onto this investment
Nolosstillsell
Posts: 3,170
Off Topic
Opinion:No Opinion
Price:0.3475
RE: HL
Wed 21:08
Ok thanks HL. Its so good to have people like you about that know this stuff. Im a high level investor. lol. ie havent got a clue but I can see value.
Zibrahimovic
Posts: 459
Off Topic
Opinion:No Opinion
Price:0.3475
RE: HL
Wed 21:06
Plus I think SN is carefully advancing FRR as per the PSA this time unlike in Azerbaijan where not following the correct procedure saw them reclaim the licence..

How much would that be worth now?
highlander1970
Posts: 891
Off Topic
Opinion:No Opinion
Price:0.3475
View Thread (2)
RE: HL
Wed 21:05
No loss, that is correct, it is a process. Declaration has to be done prior to Cpr submission.
Nolosstillsell
Posts: 3,170
Off Topic
Opinion:No Opinion
Price:0.3475
RE: HL
Wed 20:56
I though we had to have a declaration of commerciality to be able to book reserves so its a step by step process?
highlander1970
Posts: 891
Off Topic
Opinion:No Opinion
Price:0.3475
RE: HL
Wed 20:56
Ok. I'll simplify it for you.
It flows at a rate that is commercial. (It makes more money than we spend per barrel produced)
Frr have told the government this.
We are producing otherwise we could not make the declaration.




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