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EXCLUSIVE: Aminex CEO says 'Institutions are delighted' with Zubair farm-out terms Watch Here

EXCLUSIVE: Aminex CEO says 'Institutions are delighted' with Zubair farm-out terms
EXCLUSIVE: InfraStrata continue to negotiate with major gas companies and institutional investors


Frontera Resources Share Chat (FRR)



Share Price: 0.33Bid: 0.32Ask: 0.34Change: -0.01 (-2.94%)Faller - Frontera Res
Spread: 0.02Spread as %: 6.25%Open: 0.365High: 0.365Low: 0.305Yesterday’s Close: 0.34


Share Discussion for Frontera Resources


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jabond
Posts: 666
Opinion:No Opinion
Price:0.34
RE: All the griping...
Tue 23:26
Hmmm sounds like the storyline to Shawshank Redemption to me lol....
 
Coggy
Posts: 13,667
Opinion:No Opinion
Price:0.34
Billy
Tue 23:25
Go to bed, you naughty boy.
Zibrahimovic
Posts: 3,685
Opinion:No Opinion
Price:0.34
RE: All the griping...
Tue 23:24
Yeah mate cheers for the support... In the end Puddy and Cheese bulldozed the LSE fence and I scrambled over...swam 300 metres through a sewer and cleared Vinny's accounts and now I charter his boat to tourists in Mexico...true story bro lol...
jabond
Posts: 666
Opinion:No Opinion
Price:0.34
RE: All the griping...
Tue 23:24
Confused about your Chechnyan heritage lol
I only joined LSE because I thought you were the Bosnian/Swedish dude who moved to Manchester. You still wear your hair in ponytail right.
jabond
Posts: 666
Opinion:No Opinion
Price:0.34
RE: All the griping...
Tue 23:20
Welcome back Zib. So we managed to spring you in the end lol
Zibrahimovic
Posts: 3,685
Opinion:No Opinion
Price:0.34
All the griping...
Tue 23:13
Thought I'd tuned into Loose Women lol..
marineville
Posts: 6,977
Opinion:No Opinion
Price:0.34
RE: frr's the only company i know where
Tue 22:31
my faith in the company is based on when i bought and at what price... and the fact that i bought at an already discounted 20% then.

at the time, the fact that zaza had taken a £million too made everyone believe we were all about to hit a winning streak...i even doubled down on the next pb offering at 0.46... fu** me, we're down 25% on that price too, now.

maybe zaza doesn't need his £million so is happy to have it hear for a couple of years but aim stocks are usually only lth because you get caught holding a loss... like we are.

if there's no real positivity in the next couple of weeks i can see a lot of recent buyers throwing in the towel and chasing mmsn type rainbows instead... have to say i made almost as much on that in a half day as i've made on frr in nearly a year's worth of graph watiching and post reading!

gripe over... good wednesday, everyone!
Retireby40
Posts: 4,879
Opinion:No Opinion
Price:0.34
RE: frr's the only company i know where
Tue 22:11
I understand your point too, Mole but Zaza and YJ need to learn to not state timelines which gets people frustrated.

I believe this will come good but really basic comms is to report back and what you say.

They said they’d stimulate Z9 and maybe Z13 within approx 60 days (11 days ago) and they’d inform the market once the decision has taken place. Don’t say that unless it’s going to be delivered. Simple. The decision would have been taken more than 2 weeks ago assuming they stimulated within 60 days.

Anyway, rant over. I look forward to the next RNSs and hopefully they won’t mention any timelines unless they’re sure they’ll adhere and report back regardless of outcome.
Nolosstillsell
Posts: 5,493
Opinion:No Opinion
Price:0.34
RE: frr's the only company i know where
Tue 22:09
We have something good here now imo. Yes its a bit of a boring phase but it will come. They didn't have to twitter the oil pic. I really don't think that was done to take the micky out of us or tease us. Try to hang in there imo.
Moleinahole
Posts: 4,131
Opinion:No Opinion
Price:0.34
RE: frr's the only company i know where
Tue 21:55
Rb40 so it is 10 days over on a 60 day test. I can't be bothered to work out the % but that is not long time over in oil and gas considering they said approximately 60 days! There is an almost total lack of perspective here. Others may take a literal interpretation but I would say they are inside an acceptable tolerance given the other work going on at the same time in close priximity and you simply do not know what factors could have occured that mean they need a bit more time to complete the task for perfectly good reasons. They might have finished the test and reviewing the results prior to release. That process could well involve internal as well as external review.

The change in plan on T39 will be a factor here. The plan for zone 9 and 13 I would say falls into the tolerances you smply have to alliow. If people start counting days like this you will end up with even broader and less specific measures to use as a stick to beat the company with.
jabond
Posts: 666
Opinion:No Opinion
Price:0.34
RE: Mole
Tue 21:52
You mean the Frontera LSE board has been singled out lol. Zib has been forced out and they send in payaso. It’s like a horror version of Isla Amor.. Where are the pit bull crew in hiding when you need them.
DevonianExile
Posts: 737
Opinion:No Opinion
Price:0.34
RE: frr's the only company i know where
Tue 21:42
Its a bit like Brexit on the boards at the moment - everyone has a different view on the comms, and just about everything else.

For what it is worth I am very confident that we will of course get a full update(s) - but only when they have completed the process for each well in turn. And keep remembering that these are each test wells (including IMO U2) where the findings will determine a) the future drill strategy, b) the financing required and c) the approach to securing data by which P1 and P2 reserves will eventually be first booked - with each Zone requiring its own independent set of data to prove some element of the original NSA estimates. For the latter the process of proving requires very substantive data sets - hence why they would not have co-mingled until separate zonal data was established (and if you don't believe me read the original NSA reports - they clearly state that early attempts compromised on zone by zone data leaving big uncertainties in the estimation process, and an inability to attribute co-mingled flows to respective zones)

Re Dino they will have obviously already decided whether or not to test Z13. But in my view they would be mad to just give an interim update but not be able to give a detailed update on the entire extended well test. I am pretty sure they want to avoid any interim updates - given the history here and in other companies when incomplete information is provided.

Having come this far I am happy to wait – and most of all I want them to get this right. And I personally do not think they are outside of their stated timetable (have just re-read the key RNSs just check again).
bedex
Posts: 2,176
Opinion:No Opinion
Price:0.34
RE: frr's the only company i know where
Tue 21:38
Stout defence by mole and devex as ever but the fact remains that whilst we have been assured that frr are sitting on one of the most promising energy producing fields in the world all we have , apart from a dribble of oil and gas , is a load of paperwork.
No wonder the Georgians are fed up.
In with the new boss, same as the old boss springs to mind.
Can ,as ever, just down the road, waiting for another kick.
I am fortunate enough to be stubborn enough to hold on , but really feel for those looking for a life changer.
Coggy
Posts: 13,667
Opinion:No Opinion
Price:0.34
jabond
Tue 21:37
I think LSE have a duty of care to look after distressed and whinging PI's. They need to open a help centre where those not in profit can go for some R and R.

After all, if these bulletin boards weren't invented, none of this shoite would be written or read.

It's all their fault.

Lol
Davethebrave54
Posts: 128
Opinion:No Opinion
Price:0.34
Operations
Tue 21:36
Ops reports are positive, but the SP maybe dissapoints those who want to make a quick buck and flock off, so to speak. It's always an exciting time waiting for test results on a multi-zone well, particularly in this unconventional operation. Those with patience will be rewarded in the long run, I am quietly confident about that, even though i have not been crowing about it because the SP has been drifting downwards. Those who sold up, I hope they found something that made them the short term money they were not making here. Those who stayed in like me are in for happier times in the years ahead.
jabond
Posts: 666
Opinion:No Opinion
Price:0.34
RE: Mole
Tue 21:15
Coggy, I showed my Aussie friend some of the comments on this board.Guess what he said? Lol
Coggy
Posts: 13,667
Opinion:No Opinion
Price:0.34
Mole
Tue 21:03
After reading all of todays gripes and groans, I'm of the opinion that many PI's think that as soon as they press the buy button, they instantly deserve a profit from a rising share price, regardless of whatever Company they've invested in.

I'm tempted to run a reprint on my book and include a small section where I state that the above is not always the case.

LMOA
Retireby40
Posts: 4,879
Opinion:No Opinion
Price:0.34
RE: frr's the only company i know where
Tue 21:03
Mole, I agree with most of your points but when FRR say something in an RNS they should report back on it. Ud-2 I assume is still okay/testing or we would have been told otherwise.

Dino-2 will be stimulated again soon enough whether that’s zone 13 as well they should tell us.

To be honest I think it’s poor it’s been 70 days since the 8 May RNS when they said zone 9 and possibly 13 would be stimulated within approx 60 days and that the market would be updated on its decision re zone 13. Presumably the decision was taken a while re zone 13 so why haven’t we been informed as they said they would (see RNS on 8 May). Leave that out of the RNS and it won’t be an issue.
Moleinahole
Posts: 4,131
Opinion:No Opinion
Price:0.34
RE: frr's the only company i know where
Tue 20:54
What did you expect Yellow jersey to send to you?

You have been told what is going on. I don't know how long you have followed or invested as wth the change in being unable to view history it's hard to tell but this is still nothing like the periods of quiet from the past. You have had initial rates on 2 of the 3 wells and the 3rd was only done a few days ago. The next round of rates are for an extended 60 day plus period. Ud2 is under test they have said they did not intend to issue initial flows from ud2 as they intended to issue a full flow and that was when they were looking at 3 intervals. The 2016 campaign issued initial followed by the final flows several months later so this is not as unusual as you think. What has changed since April and coinciding with the arbitration is a change in the detail, frequency of RNS and use of twitter.

You might think the politics is a trivial matter or an excuse I'll just plain disagree on that but on the oil at least is unlikely to be anything to do with what your perceiving as a delay.

The company is engaged in charting a course through a combination of tight finances and difficult geology and politics.

Moaning and gnashing teeth because it's not running to a timeframe that suits your plans will make no difference whatsoever. They need to get this right and if that takes time so be it.
OneDayRodney1
Posts: 1,474
Opinion:No Opinion
Price:0.34
RE: carma
Tue 20:43
Vinny: You said 'no more from me'.
More lies.
You can tell when you're lying as your mouth is moving.
Just do one will you please.
RainbowRider
Posts: 571
Opinion:Strong Buy
Price:0.34
Thanks Pyro
Tue 20:30
You're the Man !
marineville
Posts: 6,977
Opinion:No Opinion
Price:0.34
frr's the only company i know where
Tue 20:00
every single holder is pretty much having to average down, wherever they got in in the past year.

i don't mind so much except it's also pretty much impossible to even trade it, except for just about 10% differences between today's low and, optimistically, later in the week's 0.36. more likely it'll be another lth trade,

good grief, since i got in on the 'bargain. 0,58 this has just been consistently falling (inc feb's 0.466 pb, again). i'm starting to think i can't afford any more 'good' news... :)
andyh1978
Posts: 278
Opinion:No Opinion
Price:0.34
RE: Waiting...
Tue 19:20
"Genuine LTH" I've been here plenty of time! No stress here just massive frustration.....
firegazer
Posts: 14,835
Opinion:No Opinion
Price:0.34
Coggy
Tue 19:15
I think ull find thats whinging pommy bastards tbh ;))
Coggy
Posts: 13,667
Opinion:No Opinion
Price:0.34
gazer
Tue 18:59
Lol. I'm surprised you bothered to surface today.

Jeez, no wonder the Aussies call us whinging Poms.




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