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FRR Share Chat - RSS Feed

Frontera Res Share Chat (FRR)



Share Price: 0.975Bid: 0.95Ask: 1.00Change: -0.03 (-2.99%)Faller - Frontera Res
Spread: 0.05Spread as %: 5.26%Open: 1.005High: 1.005Low: 0.975Yesterday’s Close: 1.005


Share Discussion for Frontera Res (FRR)


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pyrotech
Posts: 2,551
Off Topic
Opinion:No Opinion
Price:1.10
View Thread (2)
RE: Ok
18 Apr '15
What has SN spent in buying shares, after a night shift my maths are all over the shop?
I would suggest on his 189m shares he would like a profit
So might be useful to know how much he has spent
 
balrogxx
Posts: 278
Off Topic
Opinion:Strong Buy
Price:1.10
View Thread (2)
Ok
18 Apr '15
Lets get 3tcf proven and 8 tcf recoverable, sale it @ value of 2/3 of that 2tcf @ £600m...

Leaving the buyer £300m to develop it...

I guess around 20p sp.... Simples :)
DevonianExile
Posts: 326
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:1.10
View Thread (2)
RE: No News
18 Apr '15
And another thing re my earlier post.............

If operationally things had gone wrong - eg Drill 37, pipeline capacity, second jig, Varang etc etc then I actually think Cairn would have demanded that FRR inform the market. In some regards the negatives are more important than the positives, and the fact that we have heard absolutely nothing operationally just adds to my view re a third party involvement in the offing

As PFL says a big set piece would make predicting the resultant SP a pure lottery, but you are either in and smiling or out and sad on the day before the RNS,

That's me done for the weekend - everyone enjoy the sun
firegazer
Posts: 3,350
Off Topic
Opinion:No Opinion
Price:1.10
pfl
18 Apr '15
tbh I think all they have said is be patient news is coming, which doesn't really tell us a lot, cos news will eventually come whatever the case. Just have to remember that frr take twice as long to do owt than they say, permits, pipelines etc etc

Taking past performance into account delays with the cpr's etc is no indication in my mind that things are not happening, they are, just sssslllllooooooowwwwwwwwlllllllyyyyyyyyy !
Coggy
Posts: 7,844
Off Topic
Opinion:No Opinion
Price:1.10
Allo Allo
18 Apr '15
All these snippets of info conjure up images of our Liz working for the French resistance.

I can say no more!
Punkfeelinglucky
Posts: 7,567
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.10
consensus?
18 Apr '15
Chaps I waved away talk of something big happening in background back in March and before concentrating on the tangible same of the rns were promised.

I have to say now though the circumstantial evidence is (for me) compelling. Many replies, some published on here some not, are the same though not cut and paste.

The message appears to be "we can't say anything but every type we said in ensuring is still true" especially sn's super positive statement.

Pretty excited and silly prices might, might be on the cards.
sinbad1664
Posts: 564
Off Topic
Opinion:No Opinion
Price:1.10
devon
18 Apr '15
Love the disclaimer lol It does appear that frr are getting the company in order with the vote debt and other things! Over 2 million quid paid back in four months! It does seem 2015 is gonna be a good year! I also agree that if we had a problem with cpr s etc etc we would have been told! A delay for me is positive - bwtfdik! Let's hope we're right - have a great day
DevonianExile
Posts: 326
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:1.10
View Thread (2)
No News
18 Apr '15
Have to say I have sort of got used to this, and in a positive way. Here's why.

If you work on the basis that hey are in "lock down" mode then there is likely to be a reason. I am absolutely sure in my mind that some form of third party involvement is in the offing - and it explains quite a bit. If there isn't, and it was just the CPRs not being ready, then a straightforward ops update before mid April would simply not have been a problem. They could have easily said the CPRs are just taking longer to finalise and everyone would have accepted this.

The plea in some of the company emails "for patience" fits in with this, and unfortunately you can't ask for this by way of an RNS. Just my view but if there are a load of confidentiality and non disclosure agreements in place then we won't only get any news until a firm outcome is in place. And it also explains the sequence of "due diligence" events - get voting rules tidied up, reduce corporate debt (Dec 31st RNS and the equity swap), and declare up to date notifiable interests. These were all guaranteed to provoke a "why are they doing this" response (and they did), but were clearly necessary in my scenario. It all smacks in my view of FRR and Cairn working through some form of set piece event

It's the "wake up one morning" position in my estimation - and having built a very substantial position here over 5 long years I have bucket loads of patience on this share. (Disclaimer - I could of course be entirely wrong)
sinbad1664
Posts: 564
Off Topic
Opinion:No Opinion
Price:1.10
Yep
18 Apr '15
I just kinda found the reply to say - you know the crack were telling you nothing as per regulations - but cheers for the vote and we're expecting 2015 to be good and this will be good for the sp!! That said I take everything with a pinch of salt and also understand people on here should be wary of anybody claiming to have had what seems a positive reply!! But personally I am the most bullish I've been in 4 years - just hope I don't have to wait another 4 years!
Arsenal221
Posts: 31,014
Off Topic
Opinion:No Opinion
Price:1.10
sinbad
18 Apr '15
I also noted that they had included that section from the rns in your reply.

So even though Frr (SN) does take their time with releasing news. I still am thinking that we will be well rewarded & we are closing up on when that will start.





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