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Frontera Res Share Chat (FRR)



Share Price: 0.80Bid: 0.76Ask: 0.84Change: 0.085 (+11.89%)Riser - Frontera Res
Spread: 0.08Spread as %: 10.53%Open: 0.715High: 0.805Low: 0.715Yesterday’s Close: 0.715


Share Discussion for Frontera Res (FRR)


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Tsbs
Posts: 114
Off Topic
Opinion:No Opinion
Price:0.76
coggy
Fri 08:35
Yes coggy we pack up work the stock market closes and we are all none the richer. Then the posts start talking about the shares going to fly next week and the cycle starts again. Its like del boy. This time next year rodney we'll be millionaires.
 
Coggy
Posts: 6,301
Off Topic
Opinion:No Opinion
Price:0.76
Suzz
Fri 08:32
You got it in one..............lol

Tell you what, this Pimms party of yours is taking some time to organise isn't it?
Suzz
Posts: 4,208
Off Topic
Opinion:No Opinion
Price:0.76
Coggy
Fri 08:22
CrackerjacK! lol
Coggy
Posts: 6,301
Off Topic
Opinion:No Opinion
Price:0.76
View Thread (2)
Tsbs
Fri 08:17
It's FRR Friday.

And you know what happens on FRR Friday, at Five o'clock?
Tsbs
Posts: 114
Off Topic
Opinion:No Opinion
Price:0.76
rally
Fri 08:12
I thought the term rally was used in conjunction with a movement in share price upwards. When its used with FRR does it mean downwards.
Coggy
Posts: 6,301
Off Topic
Opinion:No Opinion
Price:0.76
Morning all
Fri 07:42
Dare I say it?

Enjoy the rally peeps :)
John21
Posts: 590
Off Topic
Opinion:No Opinion
Price:0.76
takeoff
14 Aug '14
Zero buy at O.747 must mean prepare for takeoff.
John21
Posts: 590
Off Topic
Opinion:No Opinion
Price:0.76
who
14 Aug '14
Is buying the zero shares lol
DevonianExile
Posts: 8
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.76
Gas Revenues
14 Aug '14
Many thanks Wonderer and Hereward. Maths OK then - I was perhaps just a bit tight on the gas price - I hope. No doubt we will soon see
hereward
Posts: 88
Observation
Opinion:No Opinion
Price:0.76
RE: Gas Revenues
14 Aug '14
I would say 5 USD per 1,000 cubic feet is a very conservative price for the area.

From GOGC website: auction of 2 million cubic metres of gas from the Ninotsminda field (8th July), introductory price 300 USD per 1,000 cubic metres, bought by Socar for 305 USD per 1,000 cubic metres.

Assuming wholesale price of gas in Georgia is around 300 USD per 1,000 cubic metres.

2mmcf from MK field is 57,000 cubic metres. 300 X 57 = 17,100 USD per day = 513,000 USD per month = 6,156,000 USD per annum.

FRR is nowhere near recovering exploration costs so they should get 100%.



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