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Frontera Res Share Chat (FRR)



Share Price: 0.715Bid: 0.70Ask: 0.73Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.03Spread as %: 4.29%Open: 0.715High: 0.76Low: 0.71Yesterday’s Close: 0.715


Share Discussion for Frontera Res (FRR)


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Punkfeelinglucky
Posts: 8,634
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.74
as i've said before
27 May '15
the reason why we have never gotten an rns from ya global is because they either pre sell (short) or distribute in advance. It's not much but will likely depress the sp for a week or so
 
Lubumbashi
Posts: 292
Off Topic
Opinion:No Opinion
Price:0.74
View Thread (2)
RNS
27 May '15
Much better to pay the fees in shares. Just about everybody has factored in some form of dilution up to 4.2billion shares (rightly or wrongly), so 18m is already in the calculations. Keep the cash for ongoing operations.
pablo2
Posts: 7,089
Off Topic
Opinion:No Opinion
Price:0.74
balrog
27 May '15
Not really, just a different trough I think
balrogxx
Posts: 530
Off Topic
Opinion:No Opinion
Price:0.74
YA
27 May '15
They must known the end game...

They have been with FRR for quite some time in past few years... They always used to short the shares before 2012...

Very interesting that they have not shorted FRR for quite some time and are happy to take the shares..... And arrange for subscription....
balrogxx
Posts: 530
Off Topic
Opinion:No Opinion
Price:0.74
18m shares
27 May '15
Obviously its nothing but interesting part is that YA arranged for the subscription, they also converted debt into shares few weeks ago..... They must know something...

Who would they have arranged it for???

Does anyone know a detailed technical difference between Subscription and Placing???
Billyswhizz
Posts: 303
Off Topic
Opinion:No Opinion
Price:0.74
Great
27 May '15
Another 18 million to the shorting loan sharks... So where has the 350 million gone?
pablo2
Posts: 7,089
Off Topic
Opinion:No Opinion
Price:0.74
Arrangement fee
27 May '15
The subscription shares were issued @ 0.8p so taking these at the same level, YA have got 18,750,000 @ 0.8p
which equals £150,000 - nice fee for getting a few of your mates to subscribe for Frontera!!
chewlse
Posts: 575
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.74
What's
27 May '15
another 18million when you have 3.2billion
get_rich_quick
Posts: 4,659
Off Topic
Opinion:No Opinion
Price:0.74
Equity release.
27 May '15
JS490
Posts: 247
Observation
Opinion:No Opinion
Price:0.74
Moleinahole/Retireby40
27 May '15
While much of the focus has understandably been on Varang/Niko, don't forget about FRR's other oil exploration/development programs at Taribani.

As outlined in the December 11 and April 20 RNS's, work has already been done at numerous wellsites to prepare for re-completions and frac operations.

Now that FRR has extra cash in hand, and now that they actually have their own frac-related equipment, I think these programs will likely begin in short order, (if they haven't started already).

Given the levels we've been at, just a few hundred barrels added could literally double (or more) their current oil production.

I think more so than the gas, the Block 12 oil at this point is easier for people to get a handle on for valuation purposes, since it's sold into the international market, and is pegged to a global benchmark (Brent Crude).

Therefore, increases in oil production should have a more immediate, and profound impact on FRR's valuation.

jmo





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