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EXCLUSIVE: Robin Young, CEO, Amur Minerals #AMC talks long-term strategy


Frontera Resources Share Chat (FRR)



Share Price: 0.455Bid: 0.44Ask: 0.47Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.03Spread as %: 6.82%Open: 0.45High: 0.495Low: 0.44Yesterday’s Close: 0.455


Share Discussion for Frontera Resources


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R8pilot
Posts: 761
Off Topic
Opinion:Strong Buy
Price:0.455
RE: Too many variations
Today 16:11
Zaza is proving to the interested parties that we can go it alone. We have been a sinking ship in the past and an interested party would happily watch and throw in a low ball offer knowing too well we’d have to accept sooner or later. The water is no being pumped out which gives time and better options. A small investment now to be self sustainable will pay dividends (hopefully quite literally) in the long term. He’s a playing a blinder IMO
 
Ivyspivey
Posts: 8,153
Off Topic
Opinion:No Opinion
Price:0.455
RE: Too many variations
Today 15:39
This should clarify Malays comments

It was a mistake but can£t rectify until Tuesday I£m afraid. I meant Georgia obviously and of course the imminent Arrival of Block on the scene to add to excitement about the country.
Bladey
Posts: 1,743
Off Topic
Opinion:No Opinion
Price:0.455
RE: RE: Too many variations
Today 15:37
Yes a lo ball offer would have to be RNS'd officially, which of course we do not have to accept but it would do wonders for the share price and prove our worth to the market!!... SP would settle after an initial spike, get rid of the quick sellers, and re-rate to market value for the company!...To get ready for real slower move and re-rate!
Zibrahimovic
Posts: 3,398
Off Topic
Opinion:No Opinion
Price:0.455
View Thread (2)
JV
Today 15:15
Now a disclaimer...I wasn’t at the meeting but I’m sure mole or someone who was there when zaza was asked about a JV said something along the lines of....

Why do one at 1p when we can prove more and do one at 5p then prove more and do one at 25p...

In my opinion this is what is happening now ...the tag line creating ‘The Value 24/7’ isn’t what we would normally say... we would say creating value... putting The before value might mean something else entirely like creating the value I was on about at the meeting lol...,
blackelv
Posts: 388
Off Topic
Opinion:Strong Buy
Price:0.455
View Thread (2)
RE: RE: SB on iii
Today 15:02
The development model on the presentations is based on us going alone at Tarabani in a natural self funding way. The five wells next year are part of that plan to self fund. The fund raise announced yesterday shows that Zaza can be dynamic in the funding of an accelerated approach. Iwould not be against a farm out similer to the one announced yesterday of say, ten wells to help move things along. Unless of course debt finance is available - in that case lets get a handful of rigs booked up for next year, start this snowball effect with big KICK and let the monster roll! That route will bring a higher volume of oil to the market a lot quicker and allow progression elsewhere on block 12!l with the profit!!!!!!!!
Madpunter
Posts: 625
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.455
RE: Too many variations
Today 14:59
Mole - I agree about not wanting a JV, but a low ball offer would be welcome, as long as it's formal and rejected. This would alert the market to the value of FRR and the share price would rocket in anticipation of a higher offer or a possible bidding war.
Madpunter
Posts: 625
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.455
RE: SB on iii
Today 14:53
I don't see the need for funding for the 2019 5 wells. In a month even without the extra zones and 50% from using pumps 1000bpd is looking conservative. Using an oil price of $70pb = $2.1mpm x 6 is $12.6m by the end of the year. By the time the third well is being drilled there would be enough even using these conservative figures.
zeps
Posts: 10,282
Off Topic
Opinion:No Opinion
Price:0.455
Coggy
Today 14:49
It must have took a year to find that out. A year of production was quite misleading then. At least we are quite a lot deeper and No problem with water now.
Who ever wrote that Rns should have a slapped hand. Lol
Coggy
Posts: 13,442
Off Topic
Opinion:No Opinion
Price:0.455
zeps
Today 14:44
The shallow gas fields produce too much water for the little processing facility to handle, that's why it's production is limited to about 0.5 mscf/day. I did offer to go over and sort it for them, when I was over there last year lol
Mike31
Posts: 62
Off Topic
Opinion:No Opinion
Price:0.455
RE: Too many variations
Today 14:34
Thank you Mole and all who have kindly shared their thoughts. Special thanks to Mole for the detailed analysis




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