Arsenal221Posts: 16,826
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Time
7 May '13
to switch off.
Goodnight dougal and all holders.
dougal66Posts: 2,120
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Watching paint dry?
7 May '13
More like baited breath.
In my 18 months invested and understanding FRR I have never seen so many consecutive days/weeks with gains!
'phase 1 ' SEDA Loans Converted to Equity. 'Phase 2' SEDA Loans more than likely converted to Equity given the SEDA Equity in H2.
Why didnt FRR just say when they presented half yearly accounts that it was repaid on a Loan/Equity conversion?
We all know they did not have the cashflow to pay $1.1m odd.
Anyway, why would Yorkville convert Loans to Equity? Yorkville is not a charitable organisation- unless........... They must hold about 280 million shares.
There is something afoot here more than we can imagine whether short or medium term outlook.
Arsenal221Posts: 16,826
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oilwell
7 May '13
On the oil that frr have on their accerage has been comnfirmed through an independant report and frr I am sure would not say they have 700bcf unless they were pretty sure on it.
Arsenal221Posts: 16,826
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John
7 May '13
The rise we have had here, does not come to 250% and it only started about 3mths ago, but overall though you are right that it is a very good increase.
oilwellPosts: 165
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FRR
7 May '13
Not putting a dampner on FRR but this reporter has reported on Georgia lately only 19.april 2013
Although energy companies have already carried out significant exploration works at their licensed territories (Anadarko in the Black Sea shelf, CanArgo in the Tbilisi adjacent area, and Frontera in the Kakheti region), new fields have not been discovered yet, despite the promising geological exploration prospects.
http://www.azernews.az/region/52493.htmlJohn21Posts: 125

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Sp
7 May '13
Firegazer, the share has gone up 250% in the last 6 months.
Thats 40% per month.
What sort of increase are you after?
RollinoPosts: 293
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o/t EDG
7 May '13
Well done if you took the tip...10% up today, but further rises on TSX tonite. 1000 bopd, reserve update and 'runway of easy drills' to come...for 13p. Still under the radar. Good luck here too :)
Arsenal221Posts: 16,826
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I would
7 May '13
not call it, watching paint dry at the moment.
We are not going to have sp rising by 10%+ all the time. If sp can make good enough gains to get it around the 1.5p mark, before any news then that would be good enough for me.
CoggyPosts: 4,654
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A watched pot............
7 May '13
....................never boils.
Time for a coldie :)
John21Posts: 125

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Firegazer
7 May '13
Don't sit and watch it just come back in July and reap the rewards.