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Frontera Resources Share Chat (FRR)



Share Price: 0.1925Bid: 0.19Ask: 0.195Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.005Spread as %: 2.63%Open: 0.22High: 0.22Low: 0.1925Yesterday’s Close: 0.1925


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CODEFRED
Posts: 1,822
Off Topic
Opinion:No Opinion
Price:0.1925
RE: Code...
Today 07:04
JS490 is that not GOGC job ? Next snippet from their website under strategy : Commissioning, rehabilitating and replacing oil and gas pipelines on the territory of Georgia. Designing and Constructing new pipelines; Building, sustaining and operating necessary infrastructure; have they been frozen out for this activity ?
 
JS490
Posts: 687
Observation
Opinion:No Opinion
Price:0.1925
Code...
Today 01:57
<"How do you know that's the gas supply and not work to infrastructure ?">

If you read the whole article, I think it's pretty obvious that SOCAR will be supplying the gas, as these are basically additions to their already established customer base.

Maybe at some point in the future, it will switch over to FRR's gas, but for now, that doesn't appear to be the case.

jmo
cristalball
Posts: 1,782
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.1925
RE: Mole
Today 01:26
You have no idea or not whether SN has sold out ?

I hope he hasn't but we will never know for certain...

Globo holders will tell you that (I was one )
CODEFRED
Posts: 1,822
Off Topic
Opinion:No Opinion
Price:0.1925
RE: pyrotech...
Today 00:55
How do you know that's the gas supply and not work to infrastructure ?
JS490
Posts: 687
Observation
Opinion:No Opinion
Price:0.1925
pyrotech...
Today 00:36
<"I want to know, are the new villages going online going to be supplied by FRR">

The answer, apparently, is no. It's Azerbaijan.

"“Another 34 villages will be given gas upon the decision taken today. The gasification process will end this year. This work will be carried out by SOCAR Georgia Gas,” the PM added."

http://news.az/articles/georgia/118181

No mention of FRR.
Retireby40
Posts: 2,498
Off Topic
Opinion:No Opinion
Price:0.1925
Mole
Wed 23:23
Great posts which are from a genuine holder.
A massive risk here and who knows how large the cake will be. I think it will be massive and hopefully will end up for the shareholders who've kept this company alive buying headroom etc. I think the pie is massive, market the same and ability to monetise is there. Hopefully SN et al had the sense to ensure the defensive shares released to the service providers are back in the right hands, SN's. 2.3n shares certainly haven't flooded the maket as we'd be below where we were 2 weeks ago. A lot in play here. CLNs rolled over, 20 years work from SN et al traders in and out but gasification is happening and that news on gas sales should happen any day.
pyrotech
Posts: 3,685
Off Topic
Opinion:No Opinion
Price:0.1925
RE: Mr Hope
Wed 23:21
Mole very good post
it pretty much sums up how I feel

I went digging for info on our Mr hope today and found it rather hard to find any positives.
Again thou it comes down to SN not communicating effectively.
There has been no reason for Mr hope joining
also
no nice write up on end of RNS saying we welcome him and expect his experience to help the company to fulfil it's targets bla bla black.
it's almost like SN has reluctantly been forced to allow hope on the board.
I wonder if money or should i say dept was used as a leverage. if so it shows how right my previous post is.
let's hope that Mr hope is here as a good thing although his company is nothing more than a ambulance chaser but on a grander scale and in business world.
what I often call predator scum
Puddy
Posts: 6,216
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.1925
I find that hard to understand
Wed 23:12
How they shouted they passing secrets to get a hostile takeover and then fight them in court then give them a job on the board were they get to no everything there has got to be a reason sn has done this I still wondering it all seems to have turned round and bit sn in the bum I still wondering if outrider had something on sn we will never prob find out
Moleinahole
Posts: 2,333
Off Topic
Opinion:No Opinion
Price:0.1925
RE: Mr Hope
Wed 23:04
Well building up debt, not doing director buys, service providers exiting equity position, arrival of potentially hostile player on the board, delays in operations and low cashflow, driving down the equity price to maximise conversion....Seriously we have already seen several red flags here. I am locked in so hold here but the risk here at the moment is very high.

Positives at the moment would be the fact that they appear to have sufficient cash to enable operations to continue without an emergency fundraise agm to increase headroom and that the rollover means it's unlikely it can be used to force a restructure on its own.

I think it's highly likely we will only find out what has happened once papers for Agm issued. They are as usual running a tight ship meaning it's hard to work out which way this will play out. I think we are likely to get something like last june. Anyone who thinks they know needs to be careful here. I'm still broadly positive but would have felt more relaxed with Hope not on the board and letting the operations do the talking.
Wy806
Posts: 9
Off Topic
Opinion:No Opinion
Price:0.1925
Frr
Wed 23:03
Can not wait for the morning good night




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