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FRR Share Chat - RSS Feed

Frontera Res Share Chat (FRR)



Share Price: 0.825Bid: 0.80Ask: 0.85Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.05Spread as %: 6.25%Open: 0.825High: 0.825Low: 0.78Yesterday’s Close: 0.825


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Coggy
Posts: 7,900
Off Topic
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Price:0.83
Puddy
Wed 19:07
May as well. We could go to the meeting stinking of Jack Daniels :)
 
Puddy
Posts: 1,595
Premium Chat Member
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Price:0.83
Sounds good
Wed 19:05
To me shall we party before the meeting as well
Coggy
Posts: 7,900
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Price:0.83
Puddy
Wed 19:03
I can get a flight out to Houston on the 21st, fly back Monday 25th. 2 star Motel for £640. Are you up for it?

The General Meeting is 09:00 hrs on Friday 22nd. It will be over by 09:30. We can party for the next 60 hours :)
balrogxx
Posts: 318
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Price:0.83
Arsenal
Wed 18:58
Todays RNS has disappointed many but if the funds raised can ramp up production soon than better...

We have made huge progress in last one year...

Started gas sales
Drilled new wells to expand fields
Upgraded internal estimates
CPR for prospective resources

We now want to ramp up production by upgrading facilities, it could be that after more analysis they would have found that they could expand the processing facilities to 20mmcfpd but will require more cash...

So lets see what they come back in next few days, imo this RNS was just to let every one know about the intention of raising money and once dust settles then the detailed plan...

So expect an RNS on Friday/Monday..
Puddy
Posts: 1,595
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Price:0.83
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RE: puddy
Wed 18:56
Sorry
itsgambling
Posts: 207
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puddy
Wed 18:54
Just made me spit out my punk ipa. What a waste!
Puddy
Posts: 1,595
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Price:0.83
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RE: billy
Wed 18:51
Y do they not book it as reserves is that because it will put lots of value on the company
balrogxx
Posts: 318
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Price:0.83
Billyswhizz
Wed 18:50
The CPR we received is for the zones under the oil and gas prodicng ones, so basically only for undiscovered prospective resources, hence no reserves..
itsgambling
Posts: 207
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billy
Wed 18:48
The MK cpr was specifically done on just the deep reserves below those we are extracting gas from. This must have been a consious decision knowing that no bookable reserves would be reported.
Every rns this year looks like part of a master plan to me
Puddy
Posts: 1,595
Premium Chat Member
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Price:0.83
Oh
Wed 18:47
Lot of disappointment on hear understandable 3 steps forward 2back so we're do we go from hear





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