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Any return would / will be nice, but an old saying comes to mind, don’t count chicken’s before they hatch
Keep those positive vibes on us being part of “The Frontera Family” folks? I am.
After all, all things are bright and beautiful , all companies great and small , just like ours.
GLA real holders
It was on the basis that Frr still have a % of what was stated yrs ago & they offload it.
Overall until we know if we are to be part of any new company, if that is the case then it does not matter.
So the wait goes on.
Enjoy
I would think 2.5p is cloud cuckoo land.
We suspended around a tenth of that.
We have debt and the PSA has run out.
IF this ever relists then it will quite possibly still leave LTH's with very little value.
IF we can resolve all the legal issues, AND start a new PSA with Georgia, AND borrow a lot more cash, we may survive.
The good news is that Georgia has been handed candidate status with the EU. They are clearly turning their back on Russia and aligning with the West. So maybe they are keen to show they are open to do business with the likes of FRR and will offer some decent incentives.
It's natural to wonder and speculate with all the time we've wasted with this mess and how much money we have tied up, pointless as it may be at this stage.
1234 type has gone. Message from Mapp was too strong.
Doomsday Clock is at danger point. Putin does not know
when to stop. Soon the world may pop. Cyber with ease
does the job. Enjoy life and living before you drop.
ah i see the confusion - it was ****nal221 who mentioned that price not you, apologies.
Thank you Looed.
I never mentioned 2.5p and believe speculation on a price is completely pointless and premature and potentially irrelevant.
I said I have no idea on price, "zero and a wild guess" are my actual words. You mentioned 2.5p and I am saying well sure it could be that or any number but we need more clarity on our / company position before any discussion on price.
How is that not clear?
Looed: to us with a tendency to scepticism/paranoia at losing all our hard-earned, your last sentence is odd. It's completely at odds with the rest of your (eminently sensible) post. Can you please explain the logic behind it?
I just saw ****nals post and i think a few people have mentioned 2.5p, so yes it could be that number, but we really need more information to have certainty.
=====================
Wow. Massively misleading. Shame on you.
armoured_bear – in all honesty, share price is the one thing i never think about. even before the de-list, frc was a company that was saddled with debt, that hasn’t produced a thing in years, and had no license to operate. we await confirmation that they have been able to ratify the mou offered to them in 2022. then there are all those legal costs.
if they intend to take us with them into a post frc-c world then that is great. if they can fulfill the conditions of the mou and get an operating license, then that is fantastic. but that still means a lot of things need to happen to get this show back on the road. if / when we see how they plan to manage a return we can maybe start to think about a price, but right now it’s between zero and a wild guess.
i just saw ****nals post and i think a few people have mentioned 2.5p, so yes it could be that number, but we really need more information to have certainty.
I'll open the first store lol
Last post is on us being lucky & anything left is offloaded around the 2.5p or hopefully more.
If Frr get back what they have stated in investment ($500M) of which after all on what has gone on then you would think more then that.
On above though being a bear minimum then sp equivalent think is around 2.5p or was about 1yr ago.
Loved, thanks again for all your efforts.
Clearly we don't know at all how it will turn out but what do you **hope** for?
How much do you realistically hope to receive per share?
No problem Bezzy,
I hope we can find the answer to that question sooner rather than later.
Morning Looed,
Thanks for coming back to me. I knew it was a long-shot. But I'm of the view "you don't ask, you don't get".
Fingers crossed the final pieces of the jigsaw are going in now.
Many thanks,
Bezzy
Above might be making a comeback
Hi Bezzy,
I am afraid the short answer to your timeline question is – no idea.
As we don’t really know what is in play it is hard to estimate anything, though I agree with you that some kind of resolution must happen soon if Winding Up FRC-C was a big part of any plan.
Lets hope SN has his ducks lined up as the timing is good - https://www.reuters.com/markets/deals/us-oil-gas-dealmaking-reaches-fever-pitch-2023-enverus-says-2024-01-23/
Hi Looed,
Referring back to your note of the 18th, re-posted below here for ease of reference:
"Please rest assured that the company continues to work in the best interests of all its shareholders. Whilst we are unable to comment on current events, we will provide an update to our Frontera family soon."
It's heartening to see things have settled down on some of the negative comments as we now await further updates from the company. I understand tensions are high, but we may now be so close to a positive resolution now.
On the theme of being close and the update coming "soon", do you have any idea or opinion as to when this might be? In the context of a 5 year journey, I guess this could be measured in hours or a number months. I just wondered if you had any sense of likely timescales from the company?
Thanks in advance,
Bezzy
S1234 is the lowest of the low. Please, GO !
He or she enjoys when life is tough for some
Is paid for comments written for fun.
Deprived without love from DAD & MUM.
Woke, LGBTQ, diversity is a fake family.
Wake up.
Sounds like sarah123bore has arrived on the forum. If so, its like a cancer and infests the board with repetitive illiterate singular commentary built around the assumption of being unable to 'get it out', unaware that times and technology has moved on.
Please do not engage with it.
https://www.thomasvan.com/wp-content/files/Internet-tough-guy-troll.jpeg
I know it's early morning in the UK, but I reckon the post at 07:33 gets Post Of The Day.
You "can't teach stupid" so it's lucky for us that we can easily ignore and filter stupid out.
He is Rainbow. The guy will blindly follow any messiah and aggressively post 300 times a day about it. No shame.