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Frontera Res Share Chat (FRR)



Share Price: 0.77Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.00Spread as %: 0.00%Open: 0.00High: 0.00Low: 0.00Yesterday’s Close: 0.77



Share Discussion for Frontera Res (FRR)


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zeps
Posts: 4,201
Off Topic
Opinion:No Opinion
Price:0.73
Kenstaff
Wed 13:25
Here's one from thailand. Lol. but definitely not a ladyboy. Full marks for your vids. Keep them coming.
 
West11
Posts: 2,479
Observation
Opinion:Strong Buy
Price:0.73
View Thread (2)
RE: Nobull
Wed 12:51
Game set and match to Username!!

as I have said before, everyone has an agenda, Nobull rumbled in lest than 24 hours...

almost fell off my sun lounger, LOL....

as we know, drilling commences as early as week after next, if I recall, we should hear initial reserve estimate 15 days following such commencement, please correct me if I am wrong..?
LovableLumax
Posts: 286
Off Topic
Opinion:No Opinion
Price:0.73
NEWS SCANNER
Wed 12:39
Is it the same as the report from a few weeks ago, just a news channel's regurgitation or is it new? I'd suspect the former sadly although I don't recall the following bit of copy, does anyone else?

According to the Executive Director of the Frontera eastern Georgia George Zambakhidze, that from today with deposits of Heavy in Mcare main gas pipeline will be more than 75 thousand. cubic meters of gas per day.
kenstaff
Posts: 2,971
Off Topic
Opinion:No Opinion
Price:0.73
scouseman/ Irish man/
Wed 12:08
************************************************
& 1 few lady boys

come on own up whose the Irish man, and whose in THAILAND??

vid analytics from my last vt

Thailand
3 (2.5%)
7 (3.7%)
2:14

Ireland
2 (1.7%)
5 (2.8%)
2:32
kenstaff
Posts: 2,971
Off Topic
Opinion:No Opinion
Price:0.73
NEWS SCANNER
Wed 11:57
Frontera Resources oil and gas company (United States) on their license block in Georgia when developing the deposit Mcare Khevi (Sagarejo district, region of Kakheti, East Georgia) discovered natural gas reserves amounting to 42 billion cubic meters.

"It is established that the field has gas reserves amounting to 42 billion cubic meters, thus creating conditions for Georgia's energy independence in the future," said President of Frontera Resources Steve Nikandros Friday to reporters at the start of production at the deposit of natural gas in the gas network of the country.

The project has been invested $ 400 million. According to the Executive Director of the Frontera eastern Georgia George Zambakhidze, that from today with deposits of Heavy in Mcare main gas pipeline will be more than 75 thousand. cubic meters of gas per day.

Georgia annually consumes about 2 billion cubic meters of natural gas. Nearly half of this volume is from Azerbaijan Republic within the framework of the project the "Shah Deniz" at a reduced price of $ 55 and $ 64 per 1 000. cubic meters. For transit of Russian gas to Georgia gets 10% of the total volume of its deliveries to Armenia.

In addition, gas to Georgia from Azerbaijan comes under the two contracts. The first is 500 million cubic meters of gas, which costs $ 189. This is the so-called "social gas" for the population. Under the second contract is a commercial gas 400 million cubic meters in volume costs $ 240 per 1 000. cubic meters.

Frontera Resources began in Georgia with the 1997 year. On the basis of an agreement with JSC "Georgian oil" and the Ministry of energy of Georgia received a 25-year license to search for oil and gas on the license block XII, which covers 5th. 550 m2. km. Total initial resources unit, which includes the oil fields Taribana, Nazarlebi, Bavarian House, Patara Shiraki, Baida and Muare Heavy, are estimated at up to 600 million tons of oil.

***********************LONG POST APOLOGIES****************
http://newsukrtime.com/ekonomika/77881-kompaniya-frontera-resources-obnaruzhila-v-gruzii-zapasy-gaza.html
kenstaff
Posts: 2,971
Off Topic
Opinion:No Opinion
Price:0.73
NEWS SCANNER
Wed 11:56
my news scanner has picked me up an item

you guys will know if its of use
Username
Posts: 437
Off Topic
Opinion:No Opinion
Price:0.73
View Thread (2)
Nobull
Wed 11:33
I'm sorry but your wrong:

1) net operating cash flow excludes depreciation, as by it's very nature it is a non cash movement. Page 5 of the accounts, you can clearly see it being added back to the net loss to get to operating cash flow.

2) whilst I agree that the company will have to use cash at some point in time to replace the depreciated assets (and I don't include any of the capitalised resources in this asset figure), you have already said in your 23.28 post of yesterday that you don't believe it is purchasing assets. You are therefore contradicting yourself. Furthermore, any investment in long term assets falls under 'cash flow from investing activities'. Even assuming this is all essential, and there was no discretionary spending, FY13 investment was just under $1.5m (which incidentally pretty much equals depreciation).

3) in your first post you say your concern is servicing the debt, but then change your stance to one of not creating value. There is a big difference between creating value and generating cash to cover fixed costs. Doing the first leads to an increased share price, not doing the second leads to bankruptcy. In any event, if your looking exclusively at value then our Enterprise Value (debt + equity) has increased over the last few years (just not in a way that you would have liked) and so therefore that argument is flawed as well.

I always welcome differing opinions, and the debt issue does loom in 2016, but I still think your facts are wrong and you are scaremongering.

It reminds me of my favourite saying...Never argue with an idiot: they bring you down to their level, and then beat you with experience.
enyaw1
Posts: 146
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.73
frr
Wed 10:04
For what its worth I believe that this share is just desperate to burst out (forgive the personification). What is holding back potential investors is confidence in the BOD and whether or not any information from them can be trusted. I can't remember now whether we have info on amounts of gas being produced and more importantly income from that. There needs to be a clear unambiguous RNS giving information as to what the earnings are going to be extrapolated from current production values. All in my opinion and without any expertise in any of this lol.
kenstaff
Posts: 2,971
Off Topic
Opinion:No Opinion
Price:0.73
View Thread (2)
RE: kenstaff
Wed 10:03
couldn't keep up with BB you lot so busy yesterday..

its a print out and read on the Hammock

REF YING YANG
heres one for you coffin Dodgers on here ( you know who you are :-D)

http://www.youtube.com/watch?v=Nebe1zuEtbc

( no offence intended) :-D
LovableLumax
Posts: 286
Off Topic
Opinion:No Opinion
Price:0.73
firegazer
Wed 09:59
I don't think I berated Nobull, I simply said for someone with a small investment in here they're spending an awful lot of time on FRR, unless they're actually short and if that's the case I hope they get burnt.

What I think all of us on here have said is that we need unambiguous RNSs so there is a lot less scope for conjecture and speculation. I don't know whether we'll be granted an RNS without grey areas but I'm sure we'll get an RNS in the very short term, let's hope it gets things moving in the right direction (which is long;)



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