stan70Posts: 5,687
Observation
| Opinion: | Strong Buy |
| Price: | 0.88 |
stocktrade
Sun 16:56
Just to add more confusion lol. Listen to Steve on the 48th oil barrel, he clearly states its per well. .
Arsenal221Posts: 16,948
Off Topic
| Opinion: | No Opinion |
| Price: | 0.88 |
stocktrade
Sun 16:47
Thompson, Stan and others have generally posted why they believe frr will do well. If you still do not also believe it then still sell @ 2-3p
herewardPosts: 19
Off Topic
| Opinion: | No Opinion |
| Price: | 0.88 |
stan70
Sun 16:42
I can't disagree with you. I was looking at (conservative) sustained averages. I wouldn't like to get anyones hopes up - especially mine. I believe there may be some massive rises and falls in between. I hope I've left my trading days, on this share, behind me - but once a trader..........................
stocktradePosts: 3,838
Off Topic
| Opinion: | No Opinion |
| Price: | 0.88 |
Thompson
Sun 16:34
why would one need to look at other fields? if you read the RNS it they are targeting 2mcfpd, from the shut in wells it does not say 2mcfpd per well. I also dont think they are targeting 2mcfpd in the future for now it id 2mcfpd as per the rns.
thompsonPosts: 255
Off Topic
| Opinion: | No Opinion |
| Price: | 0.88 |
stocktrade
Sun 16:30
Take a look at half a dozen gas fields at random, see what they are showing after test drilling and what they have in reserve. 2mcfpd for multiple wells? At 2mcfpd per well id say that would be one of the smallest reports Ive seen. FRR are going to be great value for all down the line I am sure of it and the next few weeks will see a big corner turned. The pipe they are laying, would be massively underutilised and I am sure it is not going to be 2mcfpd matey imo. Ref post by hereward at 13.45 today its all about that type of timeframe for me as well. No hurry.
Arsenal221Posts: 16,948
Off Topic
| Opinion: | No Opinion |
| Price: | 0.88 |
With
Sun 16:17
the oil, it is just increasing.
Arsenal221Posts: 16,948
Off Topic
| Opinion: | No Opinion |
| Price: | 0.88 |
stan
Sun 16:01
I agree, once frr start to show the sale of oil & gas then an increase that will change sentiment a great deal.
stan70Posts: 5,687
Off Topic
| Opinion: | Strong Buy |
| Price: | 0.88 |
hereward
Sun 15:53
Good posts mate.
I fully expect this to be 35 - 45p by then But 12 - 15p will come a whole lot sooner than that even if it dont maintain that position.
Look below for proof..
http://www.lse.co.uk/ShareChart.asp?sharechart=FRR&share=frontera_resI think your spot on thou your missing one vital factor, a major factor, MARKET SENTIMENT
Remember newton's law ""for every action there is a reaction"" A Market Reaction in our case as in 2010 but this time it will be far stronger imo...
GL.
herewardPosts: 19
Off Topic
| Opinion: | No Opinion |
| Price: | 0.88 |
DrsHobby
Sun 15:01
According to my spreadsheet (which is all about CGT- yes I am optimistic) and is pure speculation, about 12.5p - 15p when the boom starts in 2017 and rising to 35p - 40p over the production phase.
I did have it higher but didn't want to start receiving Christmas cards from HMRC.
DrsHobbyPosts: 129
Off Topic
| Opinion: | No Opinion |
| Price: | 0.88 |
hereward
Sun 14:39
Excellent post. I also like your timeframe of 'boom years' 2017 +. What do you think the share price could reach in 2018-2019?