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Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium


Frontera Resources Share Chat (FRR)



Share Price: 0.28Bid: 0.27Ask: 0.29Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.02Spread as %: 7.41%Open: 0.275High: 0.305Low: 0.255Yesterday’s Close: 0.28


Share Discussion for Frontera Resources


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highlander1970
Posts: 1,065
Off Topic
Opinion:No Opinion
Price:0.28
RE: FRR Presentation...
Today 06:51
I have no doubt that the presentation was for the AGM but I think the train wreck of the CC put everything in a different perspective and changed the company program slightly (I know that it changed my mind significantly).
I know that I sent an very sharply pointed email to the company after the CC telling them exactly what I thought and I have not changed my mind at the moment. The RNS says no new information in the presentation, now there is information in there that we have not been party to even though the company has had this info for a long time.
I was glad to see the SP move quickly yesterday on the release of information from the company, just goes to show that it can happen when they want it to.

My concern comes in with the short term dilution and this PR push also smacks of when we were diluted heavily previously and they never got the monies they were after last time. And, lets face it, who can forget the Quorum push!

Anyhoo, I have made my position clear and I stick with it for the moment at least and wish all holders here all the best, I believe I still have time to get in here yet if I decide to do so.

H
 
JS490
Posts: 743
Observation
Opinion:No Opinion
Price:0.28
FRR Presentation...
Today 05:58
As others have suggested, I think the latest presentation was likely for the AGM, but they decided to put it out now.

That may suggest that they're concerned about getting the resolutions passed.

There's a rather quick turnaround time before the actual meeting. Therefore, I don't think it can be ruled out the possibility of having the date pushed back, if they need more time to gather the proxies.

As for the presentation itself, an interesting thing I picked up was that their studies are indicating that some of the additional zones at Taribani may have significantly higher permeabilities. Still need to see further testing on this, but I believe this offers the possibility of achieving higher flow rates from these zone in future work programs. That could really enhance the economics of the project.

SN mentioned that they hoped to have a Strategic Partner in place by the end of the 3rd quarter, which would be September.

That's a longer time frame than I had thought.

However, the plan for their own work programs involves the stacked, co-mingled completions in the Eldari formation, which should include those potentially lucrative additional zones I mentioned above.

Therefore, I think it's possible that potential JV partners may be waiting on the results of those new Eldari wells. If their successful, it could really lead to a significant farmout agreement (and/or reserves-based lending) for full field development.

So it seems there's a lot of exciting things to look forward to. It's just going to take more time, (and unfortunately, much more dilution) than many of us would like.

Overall, I thought it was a very good, informative presentation, and I thought SN did a good job.

just my opinion
Zibrahimovic
Posts: 625
Off Topic
Opinion:No Opinion
Price:0.28
Aaog ot
Today 02:25
AAoGToday 00:18Who was it that tipped them on here? Theyve tanked today on the drill only providing a barrel a day....
Zibrahimovic
Posts: 625
Off Topic
Opinion:No Opinion
Price:0.28
Tot on iii
Today 02:23
44Kalan,

I have to say I am very disappointed with you after giving you the heads up on this stock on the JLP board a while back, which by your own aknowldegement you made good money on. Now you're out you come on here deramping so you can try to entice investors into SAVP. That's bad form in my book.

I suggest you look at the presentation again without the blinkers on. It's all about the accumulation of data, establishing that massive resources are there, dispensing with techniques which haven't worked in monetising those resources, and employing those that do.

With the proposed financial restructuring we are effectively looking at a new company now, one where Directors will have massive skin in the game at a holding cost which is well over three times the current share price . It is therefore in their interests to manage the release of news in a way which maximises the value of their investment, and that will not involve a heavily discounted placing in my opinion.

I therefore expect the investment case to be further derisked before the institutions are invited to participate, in particular with the extension of the PSA and resumption of gas production. Then the big boys can come in to fund those two new wells, which given the massive amount of data obtained here and the techniques now being adopted, are destined to be a big success. They are the trigger for big oil to come in here to roll out full field development in a country where wages are a fraction of the cost incurred in the US Shale fields which are the comparator, so the timescale for the proposed JV seems reasonable to me, and it's only about four months or so away.

You are of course entitled to disagree but if you are no longer interested in the company I'd be grateful if you'd now leave us in peace.

Tot
Zibrahimovic
Posts: 625
Off Topic
Opinion:No Opinion
Price:0.28
Regdik
Today 02:22
big ballsFri 19:09To stick with this share you need balls but after todays RNS you need even bigger balls to short. Why - even when we had a lot of SH bail we had buyers for the shares. So the sp though down it was not tanking. Then we had the RNS pointing to the presentation and we had a minor recovery. Once this is shared l would expect the recovery to continue next week. So why would SN drop this slide pack now and not the AGM. Unless he had bigger news to share (after we vote in his shares). I think it will be the news from GG of them accepting commercialization of the field and an extension to the licence. This could also include news of the bid being won. If this comes to pass then l have a feeling that the 2bil vendor shares found a good Georgian home....and the screaming of shorters having their big ones ripped off as the sp multiplies.
Zibrahimovic
Posts: 625
Off Topic
Opinion:No Opinion
Price:0.28
Mole
Today 02:21
New presentationFri 23:43Pretty much inline I think with what I have been saying and he has really just brought out the conference call information a bit more alive with the slides - those were definitely more the AGM presentation and maybe part of a pitch for investors - the conference call had a mixed audience of employees and investors.

They have been doing pilot production and exploration working individual zones. But are now moving to a production phase with the JV partners aligned to the end of the exploration phase and we are finally seeing the stack and frack completions. Has they not done the multi zone approach then each well would probably be marginal - you obviously need to do the multi zones on any one well to justify the drill costs. You can see why the old soviet wells are probably no good for the newer completions.

I think the newer pictures help show the zones quite nicely and the deeper taribani gas looks interesting. Odd no mention of varang again and no mention of Udabano and on this occasion no mention of Basin Edge. But I particularly liked the slide showing the block 12 in context with Shah Deniz.

The July UK event will be interesting - not least if we get invited. Opportunity for a meet up and possibly some fighting depending on who turns up they may need security on for the night! Its forward looking - which given past history many will be sceptical about but on this occasion I think the end of the exploration phase will prompt a sense of urgency to get the field developed as there is no doubt there is some difficult to get out but onshore resources in block 12.
JS490
Posts: 743
Observation
Opinion:No Opinion
Price:0.28
RE: Harsh but bang on from ToT on i..
Today 02:13
<"With the proposed financial restructuring we are effectively looking at a new company now,...">

I recall hearing similar, ramper-like, typical 'FRR fluff BS' back in 2011:

"Frontera Resources Announces Completion of Transformational Transaction and Commencement of New Operations"

"Overall, the transaction serves to simplify and strengthen the Company’s balance sheet, as well as enhance Frontera’s operating and financial flexibility."

"Steve C. Nicandros, Chairman and Chief Executive Officer, commented:

"We are pleased to have completed our funding plan which provides Frontera with a firm footing in advancing oil and gas production at our Shallow Fields and Taribani Field Units. The next few months will be a transformational time for the Company as we continue to realize value from historical investments and accelerate our growth plans. We look forward to providing further updates on progress in the near future.""

http://fronteraresources.com/recent-news/frontera-resources-announces-completion-of-transformational-transaction-and-commencement-of-new-operations/

just my opinion
Zibrahimovic
Posts: 625
Off Topic
Opinion:No Opinion
Price:0.28
Harsh but bang on from ToT on iii
Today 01:44
Kalan,

I have to say I am very disappointed with you after giving you the heads up on this stock on the JLP board a while back, which by your own aknowldegement you made good money on. Now you're out you come on here deramping so you can try to entice investors into SAVP. That's bad form in my book.

I suggest you look at the presentation again without the blinkers on. It's all about the accumulation of data, establishing that massive resources are there, dispensing with techniques which haven't worked in monetising those resources, and employing those that do.

With the proposed financial restructuring we are effectively looking at a new company now, one where Directors will have massive skin in the game at a holding cost which is well over three times the current share price . It is therefore in their interests to manage the release of news in a way which maximises the value of their investment, and that will not involve a heavily discounted placing in my opinion.

I therefore expect the investment case to be further derisked before the institutions are invited to participate, in particular with the extension of the PSA and resumption of gas production. Then the big boys can come in to fund those two new wells, which given the massive amount of data obtained here and the techniques now being adopted, are destined to be a big success. They are the trigger for big oil to come in here to roll out full field development in a country where wages are a fraction of the cost incurred in the US Shale fields which are the comparator, so the timescale for the proposed JV seems reasonable to me, and it's only about four months or so away.

You are of course entitled to disagree but if you are no longer interested in the company I'd be grateful if you'd now leave us in peace.

Tot
Zibrahimovic
Posts: 625
Off Topic
Opinion:No Opinion
Price:0.28
AAoG
Today 00:18
Who was it that tipped them on here? Theyve tanked today on the drill only providing a barrel a day....
Zibrahimovic
Posts: 625
Off Topic
Opinion:No Opinion
Price:0.28
RE: New presentation
Today 00:17
Zaza will be on the door lol..

The JV Q3 ties in nicely with the end of the exploration phase into the production phase... Imo...




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