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Frontera Res Share Chat (FRR)



Share Price: 0.725Bid: 0.70Ask: 0.75Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.05Spread as %: 7.14%Open: 0.81High: 0.81Low: 0.675Yesterday’s Close: 0.725


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DevonianExile
Posts: 134
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.72
PFL posts
13 Dec '14
I wasn't going to post again - but some great observations from PFL

Just to add all this is going straight into the Georgian grid - assumed at a price agreed privately. The GOGC connection is a huge positive - but one I suspect SN has to tread very carefully with
 
Arsenal221
Posts: 29,985
Off Topic
Opinion:No Opinion
Price:0.72
View Thread (2)
theprodigy
13 Dec '14
On Frr concentrating on the gas, has got to be in our favour & surely has to start to show over coming weeks.
theprodigy
Posts: 2,419
Observation
Opinion:Strong Buy
Price:0.72
Keep it coming
13 Dec '14
There's a lot of negative sentiment in the market in general. Pushing the positives here the fact were not oil revenue dependant might work well in our sp favour in the next week.
Punkfeelinglucky
Posts: 4,851
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.72
gas production
13 Dec '14
to just point out the posts below look at just one gas field and the company has several and does not include the vast quantities of oil which I will look at again later.
Punkfeelinglucky
Posts: 4,851
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.72
Gas production and significance
13 Dec '14
Well you really shouldn't encourage me because you'll only get more. I'll try to have a look at each of these bits of news due and examine their significance.

Current production levels
well we know that from the interim results that the production from April to June was 10.5 million cubic feet which is .115 mmcuft/d
from July – September production was an average of 1.37 mmcuft/d
further production figures would solidify the growth trajectory of this gas as not just a flash in th pan growth.
3 consecutive quarters of gas growth would place this as ongoing and continued increase in gas production.

To draw this out a bit more as Frontera was a new gas supplier and it was approaching winter the sales ramped up by more than 10 fold. To draw this out a bit more it would be common sense to assume that production from July 1st had increased significantly by September 31.It would be common sense or logical (whichever you prefer) to assume/conclude that production from July 1st had increased significantly by September 31. So production/sales at September 31 should be vastly more than 1.37mmcuft/d. This is significant as we are told on September 15 rns the capacity was 2mmcuft/d They must have been running near full capacity then. Selling it as fast as they can make it. Georgia has been gasifying the country but that is another post.

I'm not sure whether it was Devonian or Loveable who pointed out to Nobull that the production capacity from September 15th rns to the Septermber 30th rns increased from 2mmcuft to 3mmcuft. This passed me by and was a great pick up. This is solid progress so the production capacity has increased and the sales should follow .

This would solidly demonstrate that they are now in a production trajectory rather than an exploration situation. Furthermore this production trajectory is very steep with a customer who is buying it as fast as we can produce it. Back this up with further increases in capacity and a second rig into MK well that is a statement of intent to exponentially increase production supported by real action with a proven recent track record of delivering. - sound like an attractive investment proposition to you – you betchya it does.
Punkfeelinglucky
Posts: 4,851
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.72
Gas production and significance ctd
13 Dec '14
So in hard greenbacks what are we talking about here. Well taking the lead of the fine poster onedb on the ii board lets use a conservetive figure here for revenue. We KNOW (thanks to bugsy again) that the recent auction of gas priced it at 310 per 1000cbm but lets use $280.
so 2000mcuft/d *.028 = 56,000 cubic metres production
56*$280= $15,680 PER DAY *365= 5 mil revenue per year

The company carries a lot of debt but they become easily serviceable this quarter with the company on a very aggressive growth strategy. To put that growth strategy into words.

In 6 months this company has gone from $0 dollars per year to $5 million dollars per year (from gas alone) and it expects for its capacity in the six months from september to March to be 250% of this (7mmcuft/d) with a customer who appears to be buying it as fast as it can get it and has put billions into gasification. That is from $0 to $12.5 milllion dollars in twelve months with the capaibility to not just match this trajectory but increase it and completely self funded. Oh and we don't pay tax or any royalties for the frist 200-400 million of revenue.

I will be adding more on Monday. I hold cfds as the price increases profits will be released and I will be ploughing them back in straightaway. As much of this share that I can buy I will in the near term. Who ever is reading this do what you want. This is just one of the pieces of news to come I will try and cover the others later.
Puddy
Posts: 414
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.72
Brilliant reading
13 Dec '14
Just sitting in the car watcjing tele while the wife does the shopping looking good so glad I topped up still out of pocket but very confident
theprodigy
Posts: 2,419
Observation
Opinion:Strong Buy
Price:0.72
Pfl
13 Dec '14
Your getting good at this pal. Posts very well put together.

Good day all, especially the usual suspects. Suffering today. Not a lot, but suffering.
LovableLumax
Posts: 549
Off Topic
Opinion:No Opinion
Price:0.72
PFL
13 Dec '14
Great post too.

Am looking forward to seeing where we are come our prelim announcement in June (it may even be brought forward as will be good news, I'm sure).
zeps
Posts: 4,897
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.72
PFL
13 Dec '14
Good morning. Last 2 post recomended. There is one vast difference from the last 1.8p rise and now. The SELLER, that has had a massive reaction on the sp. I reckon it would probabally have gone back to 1.8 p and above if not for the seller. Still settling down. With pi still a bid nervey. I agree the rises should start to come back now. It struggled on Friday to break 0.77p. Monday could break that level. Actually surprised it's not higher at the present.





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