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EXCLUSIVE: Robin Young, CEO, Amur Minerals #AMC talks long-term strategy


Frontera Resources Share Chat (FRR)



Share Price: 0.455Bid: 0.44Ask: 0.47Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.03Spread as %: 6.82%Open: 0.45High: 0.00Low: 0.00Yesterday’s Close: 0.455


Share Discussion for Frontera Resources


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Time2Buy
Posts: 7,160
Off Topic
Opinion:No Opinion
Price:0.45
RE: mm's are short of shares
Fri 13:46
How many shares in circulation?
 
tatious10
Posts: 14
Observation
Opinion:No Opinion
Price:0.45
View Thread (3)
mm's are short of shares
Fri 13:44
I can sell 21m shares at above the published bid price through IG. I think that is a fair indication of which direction they think this share price is going
Pecten11
Posts: 520
Off Topic
Opinion:No Opinion
Price:0.45
Could it be EBRD or similar
Fri 13:42
The more I think about the deal and I accept the point 're it being financing rather than farm in, the more I think the money has to be from something like the EBRD.

Why? Because based on Devex's maths below, which invent checked I get the impression he's a sharper pencil than I

'The deal. Assume Niko delivers in line with the economic model £ so $30 million over 10 years. So we get the upfront funding totally free of charge, and no shareholder risk. After payback we (FRR) get $18.9 million and the investor gets $8.1 million. The investor £ over the 10 years £ makes a good return but has of course has provided the capital and taken the risk. But on one well only'

So why would a commercial company make an investment into the high risk o&g sector for a relatively poor total return considering that risk.?
Tie that in to the RNS stating the money was coming from an unrelated institutional investor and imo, that could well be something EBRD, to help progress in Georgia energy independence
Timster
Posts: 2,631
Off Topic
Opinion:Strong Buy
Price:0.45
FRRally
Fri 13:38
Come on it's Friday!!!!

FRRRRRRAAAALLLLLYYYYY.....................................................................

after weeks of great news we've got to be due one!

and the Americans will be online at 2 ;) (I'm joking)
OneDayRodney1
Posts: 1,254
Off Topic
Opinion:No Opinion
Price:0.45
View Thread (2)
RE: Who is investing, why a secret ..
Fri 13:32
Maybe Putin has ... hmmm ... 'put in'!
Sorry: it's been a long week ...
Timster
Posts: 2,631
Off Topic
Opinion:Strong Buy
Price:0.45
RE: UD2
Fri 13:32
It's just a standard extended well test timeframe not been on an RNS
Moleinahole
Posts: 3,981
Off Topic
Opinion:No Opinion
Price:0.45
View Thread (2)
RE: Well well well well
Fri 13:30
And finally before I get back to work. This has Malcy bucket list addition written all over it. Should get some more commentary from WHI as well.
Matteh87
Posts: 106
Off Topic
Opinion:No Opinion
Price:0.45
View Thread (2)
Funny
Fri 13:30
We could probably get an RNS stating a buyout at 40p per share and the sp would still refuse to move!
offtheball
Posts: 246
Off Topic
Opinion:No Opinion
Price:0.45
RE: UD2
Fri 13:26
Where do we get the 60 day extended test from ? I'm just curious as I can find it anywhere in the rns's....
Moleinahole
Posts: 3,981
Off Topic
Opinion:No Opinion
Price:0.45
View Thread (2)
RE: Well well well well
Fri 13:21
Kempey agree its a little vague - but logically it can only be out of our share as the other 50% belongs to GOGC. But as I posted earlier that will be somewhat academic as we will be recovering the costs for a while and you can add the $3m to that pot as well so I think its safe to assume through 2018 and 2019 and probably 2020 (the most productive years of the curve its 100% into the company coffers and we pay out of our share to the investor. Depending on how the cost recovery pool is accounted for the investor may also benefit a bit from that.

On the approval that's what I posted earlier I think its finance from an investor and not a farm in hence no approval how we fund the wells is up to us and why I think another reason it may have been constructed as such.




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