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Frontera Res Share Chat (FRR)



Share Price: 0.935Bid: 0.92Ask: 0.95Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.03Spread as %: 3.26%Open: 0.89High: 0.935Low: 0.89Yesterday’s Close: 0.935


Share Discussion for Frontera Res (FRR)


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Coggy
Posts: 6,689
Off Topic
Opinion:No Opinion
Price:0.95
dougal
12 Oct '14
Lay off the meths. it's affecting your maths. You'll end up with a brain the size of a moths.......and that's no myth!
 
1yrless
Posts: 51
Off Topic
Opinion:No Opinion
Price:0.95
Varang
12 Oct '14
Thanks for the responses all. So it looks like 6 months is not outrageous. Would be great for P1 to start before Christmas.

Cheers
dougal66
Posts: 7,298
Off Topic
Opinion:No Opinion
Price:0.95
OK - a bit too much pop last night
12 Oct '14
But the fact remains. This SP is headingsouth
Coggy
Posts: 6,689
Off Topic
Opinion:No Opinion
Price:0.95
ZyDer
12 Oct '14
Your maths is fine mate.

Dougal's maths is not! :)
Prosper88
Posts: 196
Observation
Opinion:Strong Buy
Price:0.95
Varang
12 Oct '14
I reckon farmout commencement is due any day now.
Believe me that 1p placing was for SN's chums.
RussellSprout
Posts: 37
Off Topic
Opinion:No Opinion
Price:0.95
Re: Varang
12 Oct '14
Tethys Petroleum (TPL) announced a farm-in to Georgian licenses on 8 July 2013, and on 2 January 2014 announced approval by Georgian govt.

If you take that as the norm, then six months, so pretty much any day now we should have confirmation, and Varang ready to leap into action, hopefully.

Russell.
ZyDer
Posts: 56
Off Topic
Opinion:No Opinion
Price:0.95
View Thread (3)
RE: Re: let's have it
12 Oct '14
Following Dougal's very helpful link....

£350,000 / 48,611,111 = £0.0072 = 0.72p

Or is my maths wrong?
Coggy
Posts: 6,689
Off Topic
Opinion:No Opinion
Price:0.95
wonderer
12 Oct '14
Do they do a Georgian chicken breast Fillet Burger, hot fries and drink for £2.99 at TFC?
Arsenal221
Posts: 29,778
Off Topic
Opinion:No Opinion
Price:0.95
wonderer
12 Oct '14
On Frr coming up with an update confirming (Phase 1) Niko has been restarted on then that is something that should give us a nice looking uplift & at same time hold a good bit of that uplift.
wonderer
Posts: 1,367
Off Topic
Opinion:No Opinion
Price:0.95
Re: Verang
12 Oct '14
Going by another poster's comments I'm lead to believe that a period of 6 months is the norm between announcing a farm out and operations beginning.

The last RNS states that plans are underway to commence Phase 1 of the Verang deal which to me sounds like an announcement is imminent. Going by the way FRR are NOW informing the market there should be an RNS out as soon as the side track on Niko begins.

Note how they have stated:

"During the first half of 2014 the Company achieved several important value creation milestones associated with our work in the Taribani Field Complex and the Mtsare Khevi Gas Complex."

Now the only "work" in the Taribani Field Complex that they have possibly done is moved a drill bit to Niko unless someone else here knows of any other "work" associated with the TFC



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