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Frontera Res Share Chat (FRR)



Share Price: 0.77Bid: 0.76Ask: 0.78Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.02Spread as %: 2.63%Open: 0.73High: 0.00Low: 0.00Yesterday’s Close: 0.77


Share Discussion for Frontera Res (FRR)


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Puddy
Posts: 1,652
Premium Chat Member
Off Topic
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Price:0.83
How long is flight
6 May '15
What airport you leaving from
 
Coggy
Posts: 7,970
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Price:0.83
Puddy
6 May '15
May as well. We could go to the meeting stinking of Jack Daniels :)
Puddy
Posts: 1,652
Premium Chat Member
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Price:0.83
Sounds good
6 May '15
To me shall we party before the meeting as well
Coggy
Posts: 7,970
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Price:0.83
Puddy
6 May '15
I can get a flight out to Houston on the 21st, fly back Monday 25th. 2 star Motel for £640. Are you up for it?

The General Meeting is 09:00 hrs on Friday 22nd. It will be over by 09:30. We can party for the next 60 hours :)
balrogxx
Posts: 471
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Opinion:No Opinion
Price:0.83
Arsenal
6 May '15
Todays RNS has disappointed many but if the funds raised can ramp up production soon than better...

We have made huge progress in last one year...

Started gas sales
Drilled new wells to expand fields
Upgraded internal estimates
CPR for prospective resources

We now want to ramp up production by upgrading facilities, it could be that after more analysis they would have found that they could expand the processing facilities to 20mmcfpd but will require more cash...

So lets see what they come back in next few days, imo this RNS was just to let every one know about the intention of raising money and once dust settles then the detailed plan...

So expect an RNS on Friday/Monday..
Puddy
Posts: 1,652
Premium Chat Member
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Price:0.83
View Thread (2)
RE: puddy
6 May '15
Sorry
itsgambling
Posts: 267
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puddy
6 May '15
Just made me spit out my punk ipa. What a waste!
Puddy
Posts: 1,652
Premium Chat Member
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Price:0.83
View Thread (2)
RE: billy
6 May '15
Y do they not book it as reserves is that because it will put lots of value on the company
balrogxx
Posts: 471
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Price:0.83
Billyswhizz
6 May '15
The CPR we received is for the zones under the oil and gas prodicng ones, so basically only for undiscovered prospective resources, hence no reserves..
itsgambling
Posts: 267
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billy
6 May '15
The MK cpr was specifically done on just the deep reserves below those we are extracting gas from. This must have been a consious decision knowing that no bookable reserves would be reported.
Every rns this year looks like part of a master plan to me





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