Must say that this BB is way more civilised than most on LSE. Some good posters and respect and patience shown to new people asking questions. Some of the others are awful in comparison. ECR and REM for example are bloodbaths! They have elder statesman that sit on their high horses and full on attack anyone that offers an opinion different to theirs. Very annoying! Anyway, I'm quietly optimistic about FRR. Gas sales confirmation should see a decentish rise above 1p and give us a revenue producing foundation to move onwards and upwards from. Roll on 18 billion barrels of black gold ;)
Good point however I am sure you will agree as most others on this bb do, that FRR will not be the company to take their explorations forward to the production stage! My take on it for what it's worth is once they have completed the CPR's for all the gas & oil in Block 12 they will either sell the lot lock, stock & barrel(s 18 Billion of them in one area alone) or farm out to a big player(s) and take a war chest to the Ukraine :-) Either way once Block 12 is proven by a third party this SP will be enormous :-)))) BKW the gas pipe we are awaiting testing news on is little more than money to keep the company afloat and to prove to potential suitors what FRR are sat on - win, win, win :-) VW
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