"For a long time now I have, on the will of blog readers, been trying to meet with the management of LSE:FRR:Frontera Resources.
They have refused all offers of meetings, either directly or via their London-based investor relations advisors, and the shares are down from 0.71p to 0.10p in the process.
Today's news makes me thankful that a meeting never happened; however exciting the acreage might be, markets rarely tolerate companies trying to avoid the repayment of debt like this. There, by the grace of god..."
My last hope and belief is we make a success of fraccing. I firmly believe we can get to a 5000 bpd Company, disregarding any gas. I think we can become a $100 M company, but not $Billion company, as many have wished for.
With 88 billion shares in circulation, $100 M is a little over 1p a share, that'll do me.
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