Frontera Resources

loftya31
17 Jul '12

Do you think this company will be a success/failure ?

Adam2012
17 Jul '12

thanks i didnd know this was possible

Adam2012
17 Jul '12

but then you would have known that previously when the sp was higher then today? i understand hindsight is a wonderful thing but i surprised you left at 0.50 ish? on the gas connection they haven't broken a promise yet since the 21st rns and that will be one of the game changers. we were wrong to expect a thorough operational update with end of year results. so with the good news to come i would have thought you would have waited till then atleast?

Adam2012
17 Jul '12

i think it will b a sucess, specially in short-term

Adam2012
17 Jul '12

also i know u entered aex as long-term investor but suprised you entered on spike considering you had just left frr on a loss. I say this bcus i would have loved for you to gain from the gas connection before you went out. plz dnt take offence from any of this

loftya31
17 Jul '12

Hi Adam I sold as I lost all faith in the company and something back is better than nothing use the loss end of year as for buying in on AEX it made sense as my ave was higher than what I bought at and I do have a long term view there so as long as I can buy below my average timing is not that big a deal.

Adam2012
17 Jul '12

yeh ok but surely frr had more then bottomed so would have beeen worth getting a bit more of your money back befor you left?

loftya31
17 Jul '12

This company has failed in my view failed on the projects it has bigged up very little money left if any, oil sales down and as for a jv if a company payed for it the terms would be to their liking not FRR's.

Adam2012
17 Jul '12

do you think the gas won't happen?

Adam2012
17 Jul '12

the gas will generate very good income on a monthly basis? $500,000 if i remember rightly

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