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Share Views: The Cyber Security opportunity
What you need to know


Frontera Res Share Chat (FRR)



Share Price: 0.10Bid: 0.09Ask: 0.11Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.02Spread as %: 22.22%Open: 0.10High: 0.10Low: 0.10Yesterday’s Close: 0.10


Share Discussion for Frontera Res


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11Trader11
Posts: 375
Off Topic
Opinion:Buy
Price:0.10
RE: Overhang
Today 12:41
Phew almost tempting to keep some and not trade them after that but have learnt hard lesson on AIM to always take a profit when a share hits the level that you are happy with so will just continue to buy on the dips and sell on the rises
 
Bomber64
Posts: 878
Off Topic
Opinion:No Opinion
Price:0.10
RE: Overhang
Today 12:37
Well said IG!
itsgambling
Posts: 1,177
Off Topic
Opinion:No Opinion
Price:0.10
RE: Overhang
Today 12:32
IMO it would take the following 3 key things:

1) Prove we can manage the debt (or simply erase it) - court case ongoing
2) Prove we can increase revenue to above the level of our overheads - Varang / Niko / Dino / MK 7mmcfd / Local Service provider work / 15 existing well stimulation program and 6 new well drilling program etc etc etc so many ways we could achieve this
3) Prove we have political support sufficient to declare commerciality - elections in 6 weeks ...

These 3 would leave us worth over £100mill easily.
And could all happen in a matter of months.
After that, a big CPR, booked reserves, increased revenue etc could add considerably more value.

These are the reasons why many of us are still here. Fools that we are
IG
11Trader11
Posts: 375
Off Topic
Opinion:Weak Buy
Price:0.10
RE: Overhang
Today 12:14
what would cause such a re rate do you think as I have heard that so many times on AIM?
Tsbs
Posts: 2,829
Off Topic
Opinion:No Opinion
Price:0.10
RE: "consensual restructurings"
Today 12:09
clns imo are dead and buried. Its all part of the plan that has been played out since june.

There is no chance sn would dismiss them unless he knew for sure they were gone ive said it before but its the reason why they were attributed to the holding company. Does anyone believe that was a complete stroke of luck ?

They arent coming back of which confirmation will arrive shortly
itsgambling
Posts: 1,177
Off Topic
Opinion:No Opinion
Price:0.10
RE: Overhang
Today 12:08
I am fully loaded - to a level that is considerably beyond foolhardy.
My breakeven is somewhere over the rainbow just now but it would not take much for things to chance considerably.
I've said for years now that my short term target is an Mcap of £100mill. That's given a new meaning to shortterm but it still stands.
If FRR can turn this around then the re-rate will be huge... 10 bagger just for starters.
Fingers crossed
IG
Retireby40
Posts: 1,689
Off Topic
Opinion:No Opinion
Price:0.10
RE: "consensual restructurings"
Today 12:01
Agreed. The service providers agreed to take shares which is a risk in itself and they were aware of the default so wouldn't be protected.
11Trader11
Posts: 375
Off Topic
Opinion:Hold
Price:0.10
RE: Overhang
Today 11:59
Good post IG

no it wasnt me although i did buy 4m yesterday at 105

Will see what Tuesday brings and maybe take another 10m or so if price is good

You bought any recently or intend to?
itsgambling
Posts: 1,177
Off Topic
Opinion:No Opinion
Price:0.10
RE: "consensual restructurings"
Today 11:59
I'm personally not concerned about this scenario you describe.
Craft & Unibrow have been paid in shares - they will not be able to make out that they are owed anything else - they have accepted the shares and are clearly now holding them.
Shafting local service providers in this way wouldn't help the relationships in Georgia!
Not the outcome I expect.
IG
Retireby40
Posts: 1,689
Off Topic
Opinion:No Opinion
Price:0.10
RE: "consensual restructurings"
Today 11:56
If that was the case then surely the CLN holders would individually or collectively have taken FRR to court themselves as they'd be in their right. If SN had set this up to fail it would get very messy if he is also connected to the CLNs through the family trust.

Be interesting to know how the RPNs are set up too, if another subsidiary borrowed the money on an unsecured basis like the CLNs. Also with the partners on board and if everyone but shareholders come out rosey they'll be recourse.




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