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Frontera Res Share Chat (FRR)



Share Price: 0.89Bid: 0.88Ask: 0.90Change: -0.01 (-1.11%)Faller - Frontera Res
Spread: 0.02Spread as %: 2.27%Open: 0.90High: 0.90Low: 0.885Yesterday’s Close: 0.90


Share Discussion for Frontera Res (FRR)


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JS490
Posts: 56
Observation
Opinion:No Opinion
Price:0.92
View Thread (2)
RE: Gas price
13 Oct '14
In the long term, I believe the only way to fully benefit from the MK field will be exporting the gas out to greater Europe, ..which of course is much further down the road.

As far as things are now, where they're just selling it into the local market, in addition to being a "new competitor", I wouldn't be surprised if they've had to give some sort of a hometown discount, ...if nothing else, just for 'political purposes', if you know what I mean.

The bottom line is, we shouldn't be having to try to piece it together ourselves. It would be much better if FRR just gave us the information straight up.

If they were getting multiples of North American selling prices, I would think that they would gladly share this information. But they haven't. I think their silence on the issue is rather telling.

Sure, things can change in the future, but for now, I strongly suspect that FRR is receiving substantially less money for their gas than many people may think. The recent announcement of nearly 200 million shares of dilution may be further evidence of this.

just my opinion
 
bugsy-b
Posts: 1,371
Observation
Opinion:No Opinion
Price:0.92
View Thread (2)
Gas price
13 Oct '14
Russian media group Commersant reckon a bit less than $292...
" "Frontera" is confirmed. According to official information, in the region of 1,000 cubic meters of gas cost about 250 dollars,"
http://www.fmabkhazia.com/news/5858-amerikuli-kompania-phrontera-ioranmughaloshi-42-miliardi-kuburi-metri-gazis-geologiuri-maragia.html
VWBeetle
Posts: 2,664
Observation
Opinion:No Opinion
Price:0.92
JS490
13 Oct '14
Sorry mate haven't got a clue but rest assured they will not be giving the gas away - competitive yes but it's Georgian gas and I'm positive the country will want Block 12 to work and to break away from imported gas, thus the gas will be being sold at a fair market price IMO :) Have you considered contacting FRR (PR?) to ask what the gas is being sold at?
ATB. VW
get_rich_quick
Posts: 3,799
Off Topic
Opinion:No Opinion
Price:0.92
Proactive investors
13 Oct '14
http://www.proactiveinvestors.co.uk/columns/shard-market-eye/17110/frontera-resources-gas-production-numbers-and-more-to-come-17110.html

I personally hope we stay this low into next week when I can buy more at this low price.

Regards.
bugsy-b
Posts: 1,371
Off Topic
Opinion:No Opinion
Price:0.92
js490
13 Oct '14
Not seen any written details anywhere, but I reckon around $292 per 1000CM
JS490
Posts: 56
Observation
Opinion:No Opinion
Price:0.92
FRR Gas Sales Price?
13 Oct '14
Does anyone know what price FRR is getting for their gas? Anyone?

Sure, we may know what others get, or what the prices generally are in the region, or what FRR had "planned" on getting for the gas. But what are they ACTUALLY getting for the gas?

The reason I ask is that in FRR's RNS from Sept. 30th, they say.."As a new competitor in the local gas market.....". Emphasis on the word "competitor" ...(i.e. competition).

When companies enter a new market, and are attempting to gain market share, they often do so on the basis of price. This happens in many industries, be it automobiles, cell phones, whatever. They try to sell it lower than the others to bring in new customers, and draw existing customers away from the other guys.

So once again, does anyone know what FRR, as a "new competitor", is actually getting for their gas?

In their latest financials, I noticed FRR conveniently left out this important piece of information.

jmo
LordLash
Posts: 126
Off Topic
Opinion:No Opinion
Price:0.92
View Thread (5)
RE: Money...
13 Oct '14
Thanks Pyro. I am not going to hold my breath, but like you said, this does give confidence for the CPR being delivered in Q4. Here's hoping for a very merry Christmas and a happy new year ;)
eire0027
Posts: 43
Off Topic
Opinion:No Opinion
Price:0.92
****e talk
13 Oct '14
Ha
nsdols
Posts: 2,010
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.92
Isn't
13 Oct '14
the Magic Roundabout on at that time? Yours truly will be busy and might miss it! ;-D
Troajan
Posts: 3,589
Off Topic
Opinion:No Opinion
Price:0.92
2pm?
13 Oct '14
that would clash with neighbours?



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