Frontera Res Share Chat (FRR)

There will be a number of RNS from FRR in the coming weeks and months and to the end of this year and we should technically no longer be starved of a lack of information.

IMO I don't think they will bring out one big a** RNS and SN will play his cards right by feeding the info through nicely....all IMO of course.

Seriously exciting times and I think we will have more investors on board once gas is being sold and some confidence and realisation the potential of FRR.....

ATVB folks, time for bed and enjoy the rest of your Saturday afternoon and evening.

c you please tell me how you worked this out?

Edit: even I know that's 4.44p exactly as you said, not £4.44.
Cripes, I must think before I post...

Thanks all, just the way i see it. Of course more gas on start up would be good but i don't see it being essential straight away. Cheers.

Hi Lolster,

For a thicko like me, pls can you show your workings and explain how £ 93,000,000 would x the sp by 4.63 = SP 4.44p.

And do you really mean "FOUR POUNDS AND FORTY FOUR PENNIES"

Recommended 13.20 posted...totally agree with you.

Only matter of time.

ATVB

All is well thanks mate.

Yes agree it was worrying when I was watching the share price drop but glad it recovered a bit before close of play, investing only favors the brave lol...

About the JV I have a feeling that during the meeting with the PM and the ambassador, something was verbally agreed and its just a case of the fine details to be ironed out, all my opinion of course.

Just super exciting times ahead and I have not felt like this before on any other company I have invested in!

ATVB

Nice post keep them coming might have to buy more ........ im getting excited now roll on june

Meant to say that your post recently have been tremendous. Very informative plus your post at 08.36 yesterday very relevant to the situation long term. Cracking stuff.

I am sure FRR are on to a lot bigger things than they have let on to and I truly believe that.

This is from FFR ,....21 May 2012!

Key highlights:- Since January, oil sales generated average monthly revenues of $760,000, projected to increase to $1.2 million with commencement of gas sales in Q3.

................ but they had to wait ages for the permit for the pipe.

Since January, oil sales generated average monthly revenues of $760,000, projected to increase to
$1.2 million with commencement of gas sales in “ and this is why I bought far more“ July 2013....

that is $14.4 million a year, a basic 10 year pay back valuation would value us at $144,000,000 m or £ 93,000,000

that would x the sp by 4.63 = SP 4.44p . Now let just forget about anything else that could add to that. This is on what we have found already, PROVEN...(lets not think about getting Niko1 on line again or far more gas)

Tax, I think we can make back what we have spent before starting to pay 51%, to the Guv and that is about $178,000,000 if not more by now......

I am sure I must of made a major mistake somewhere, can someone please tell me where I have made a fool of myself again. For this seems too simple by far...