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ASCENT RESOURCES: Gas flows mean cash flows to develop up to 15 wells


Frontera Resources Share Chat (FRR)



Share Price: 0.60Bid: 0.59Ask: 0.61Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.02Spread as %: 3.39%Open: 0.63High: 0.63Low: 0.595Yesterday’s Close: 0.60


Share Discussion for Frontera Resources


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Retireby40
Posts: 3,939
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Opinion:No Opinion
Price:0.60
All being well
Fri 11:18
with ud-2, the pipeline/monetisation, the oil plays I'll wait to 2020 and buy the Tesla Roadster. Yep, nice. A little bit poncey for my usual taste but it's a beaut and rapid.

Anyway, I bet we get another RNS Mon to Weds next week whilst I'm in Germany.

Hoping we can head there beating Arsenal but we rarely win there so the safe money is on a draw. COYS.
 
Retireby40
Posts: 3,939
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Opinion:No Opinion
Price:0.60
RE: 40
Fri 11:12
Maybe but the decision was made in Jan 2017, interested to know when the execution proceedings were finalised but regardless nothing wrong with being strategic re news. As long as the ud-2 wait is worth it and I think/hope it will be.
AIM_higher
Posts: 1,174
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Opinion:No Opinion
Price:0.60
RE: 40
Fri 11:10
Agreed. It's contrived and frr shouldnt need gimmicks at this point. If initial flows show 2 or 3 scuffs per day from 1st zones tested why not report it???? 3 scuffs is worth £5.5m a year, which would b good news for any lth that believes in the future here. It might not equate to a huge SP jump but it's finally a starting point for genuine production and provides a platform to build upon with much increases shareholder confidence. If there is good news like this i dont see why it isnt beong shared. Maybe all u guys want a big spike too hey? The longer this drill goes on and all is quiet, the less convinced i am.
firegazer
Posts: 13,106
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Opinion:No Opinion
Price:0.60
40
Fri 10:59
Its seems obvious to me that he has kept this one up his sleeve, ready to pop out when needed, eg when testing results are taking longer than previously suspected, hence the response from the market imo
Calzaghe250
Posts: 31
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Opinion:No Opinion
Price:0.60
RNS
Fri 10:51
It never fails to amaze me how sometimes positive RNSs produce negativity in sp. Oh the games people play!!
SimonT
Posts: 1,685
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Opinion:No Opinion
Price:0.60
RE: Sorry...not sorry
Fri 10:51
Everything Aim says is true, SN had lost the ability to convince us that we would have jam tomorrow due to never delivering on his promises. Zaza has taken over the task, UD2 is his chance to deliver jam today, the result will be dramatic which ever way it goes! I believe we have the assets, I am sure they have been frustrated by red tape and other logistics to get at those assets but now is the time to deliver on the promises or I will be taking my ball and going home too!!
Retireby40
Posts: 3,939
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Price:0.60
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Tot on iii
Fri 10:50
Tot on iii

The drop in the sp this morning beggars belief. From my perspective it's not just about the money to be received, as this case has been going on for almost ten years and must have taken up a huge amount of management time as well as being a continual drain on its financial resources.

Levan will have been dealing with this and now its been settled he can concentrate on getting a JV sorted out. That will be a big relief for him no doubt and I think he deserves a big pat on the back for having the tenacity to steer this through so many courts and processes and finally bring it to a conclusion. I hope he is rewarded with a place on the board for his efforts.

Slowly but surely all the monkeys are being removed from our backs, and the decks being cleared for blast off.

Tot
Arsenal221
Posts: 32,852
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Price:0.60
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RE: RB40
Fri 10:50
Overall as many already know, it is a case of a wait & see, as far as the results are concerned.

Would hope though that we see an rns on them, sometime over the next 2 weeks or so & obviously they are good reading.
Bigdaveboom
Posts: 57
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Opinion:No Opinion
Price:0.60
Bruce
Fri 10:48
There£s only 1 person holding this share down THE BOSS . And I don£t mean Bruce Springstein. We£ve had 3 snippits of information and the sp still dropped
Sycric
Posts: 1,065
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Price:0.60
View Thread (2)
RB40
Fri 10:42
I believe UD2 is a success also, had a choice of all your acreage. Where do you pick, you pick the one with the best odds and the best results. It's shown by the amount zaza has thrown in.. He's laughing.




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