Have a cracking holiday with your family over in Florida good bud :) Although getting a bit long in the tooth(ish) I am still very young at heart and would jet off to Disney at the drop of a hat! Maybes that could be the location for our 5p Club celebration :))) Have a great time and live the magic that it is - we will look after the SP as best we can whilst you are away even given the odd nuggets best attempts to try to derail it ;) Safe journeys. ATVB. VW
Totally agree with you mate... On a slight drop they ask or make negative remarks ...but you can always tell when they have bought in ...Their posts are sooo positive. Just go back and read their previous posts! .. Atb
Look bud why don't you stop beating about the bush and tell him straight.......the fella is a tool, always has been and always will be ;) Stick that up yur "related facilities & infrastructure" oh and now it's moved on to "O&G revenue and exploration phase"!! Heaven sake give it a rest either buy in or move on Dougal :) VW ;)
My take on why the need the funding now is may be to do with the exploration phase expiring on 13 November 2017. Plenty of wise owls out there to correct me if I am wrong. But sav for any areas within Block 12 that FRR has committed to develop and produce pursuant to the Block 12 PSA (“Development Areas”), Frontera must relinquish its rights to Block 12 at the end of this exploration. Frontera has agreed to procure the financing required to conduct the exploration and development operations and is entitled to recover its costs and expenses incurred in doing so from the oil produced from Block 12 (“Cost Recovery Crude Oil”) prior to any share of the oil being given to GOGC.
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