The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Apologies but am stuck on a train with very little reception and only a smartphone so cannot check the following link (posted today) properly. In particular does it contain any new info and in particular the comparison table with Trident. I can’t enlarge it on my phone so unsure whether it is new or existing info. Thanks
http://www.nefterynok.info/novosti/frontera-resources-snabdila-kabmin-novoy-informaciey-o-trident-acquisitions
Good find Oopsi!
Alas, I have a similar issue. All I can access is:
"The American company Frontera Resources sent to the Cabinet of Ministers of Ukraine new information about the American company Trident Acquisitions.
Frontera Resources is convinced that the Trident Acquisitions have submitted an untruthful application, and that the recognition of Trident Acquisition as the company that has submitted the best offer raises serious doubts about the transparency of the competition.
Frontera Resources provides a comparison table"
I've seen this comparison list before, possibly somewhere in the Pravda article yesterday. Unfortunately it isn't converted to English on his latest find, but from memory it appears to show Trident as a shell company with no employees or other signs of commercial existence.
Thanks ODR. I think the comparison table, if we haven’t seen it before, could yield some important info. For example I can make out that it refers to existing employees of Frr and Trident - that demonstrates we still have employees and are an ongoing operation. Hopefully others may have more luck in accessing (and translating!!) it!!
'his' = 'this'.
My p.c has downloaded all docs the last one is most interesting
For some reason it’s net letting me paste them, could I have someone’s email shere,.so I can send it so you can then post it here as proof !! The heading of the last letter is fronterra vs trident acquisitions, part of san leon
that's correct .... trident only have 3 employees against Frontera 240 !
It's also claim in paper that frontera have found that TRIDENT has stated to NASDAQ that
it will wind up the company of they have no investment by 1 dec 2019
that's correct .... trident only have 3 employees against Frontera 240 !
It's also claim in paper that frontera have found that TRIDENT has stated to NASDAQ that
it will wind up the company of they have no investment by 1 dec 2019
It translated into English near the end of the Pravda article excerpt (hope this copied link works) :-
https://www.epravda.com.ua/rus/publications/2019/09/10/651021/
25 countries since inception this is( frr operations)
Good to know we still have 240 employees. Who would have guessed ?
Thanks Earsbern - very helpful
What the Hell is going on here, so wish we would have news one way or the other.
$320 billion pounds of assets
15.3 million barrels produced and 30.2 trillion cubic feet discovered certified gas reserves and 14.6 certified oil reserves. Been a long time and lots of back and forth, so i've stopped paying attention to the claims, but, i didn't think we had booked certified reserves?
Not assets, just investment figures. So i guess a lot of that is things like operational costs etc.
Also worth noting that this comparison is based on 2018 audit data.
Hello BB, haven't posted in a while but regularly read. I have to say the letters I have read in the last 2 days (congress support and todays revelation: a letter to the PM of Georgia) really display some political clout. Interesting times...
This is only just beginning and who knows how long the wait will be, keep the faith and enjoy the rollercoaster (We've got no choice anyway)
On a side note, a big thanks to all those who have kept the information flowing with super-sleuthing and global court room stalking. Keep up the good work it's really appreciated
Yes Tsbs. It beggars belief.
The letter I posted yesterday was written by the 8 US congressman . The letter oopsie posted it from SN himself ! So this is new and a very telling read!
Cracking find oopsie
I just can’t see why we are Aggressively pursuing Ukraine unless Georgia is tied up. the government backing speaks volumes and to me indicates that the government are happy enough with the Fronteras progress in Georgia to give them the support they are receiving and are pushing them to be the front runners for Ukraine
Hi Chris,
To check my understanding... do you mean the US government are happy with Fronteras progress in Georgia or am I missing something ? Cheers
Why not go for the the Ukraine as Zaza himself says its what we do. Esp if Georgia is about to be tied up and farmed out. The perception that there has been no activity in Moldova is also prob just wrong there is probably a lot of fairly invisible work required before you call the drilling rigs and start 'Dallas' Style exploration it prob does take year to build a good picture of geology and have a decent idea of where to drill. Maybe Moldova is moving toward the more physical stages of development and it makes sense to start the seismics evaluation in the Ukraine knowing that in itself will take years.
In addition I wonder if we haven't been overly focused on the shorters, I wonder if the 'bet' they made was more focused on the actual exchange listing aspect, Ig maybe had to payout regardless of the status of the company as a private entity, CFD trading is not really like actual share ownership. My take is until I hear something concrete oneway or the other I wait. The court cases seem to not hold alot of significance, the busniess seems to be pushing onward regardless.
SN is asking for the award of the Dolphin block to be made tomorrow . It does not sound like shareholders would be part of Ukraine however if does feel like a deal might have been done in Georgia of sorts ....
Gipps: Frontera is going for Ukraine, so we, as shareholders, are part of it. What draws you to make your statement otherwise?