Member Info for Avi8r

Funny that, i was quoting your figures, muppet.

Suggest you re-read and learn to understand how to interpret words and numbers. You need to stop being so excited, many of us have been here a while longer than you and rather more qualified to comment on the situation, which you clearly are not cognisant with.

Magsoof - you answer your own question. Assuming your 500bpd estimate adds £11M to the mkt cap then taking you quoted figures (£18M) the answer is £29M.

The truth however is slightly more realistic; current mkt cap is £16.9M.

Whether its a 'MILTIBAGGER!!!!!!!!!! Written allover it!!!!' remains to be seen. As for the £1.00 price (bigboffer) that makes the mkt cap over £626M. If only.

Who needs Degsy when we have maqsood?

Everything is listed as a sell today apart from 4 trades.
Buys at 2.88 and 2.77.
Sells range from 2.70 to 2.74

Hurry up and wait...

I get NT for a million shares too. Always a good sign, but I cannot see this increasing above 3p until results are released, despite the excited commentary on here.

Up 9.62% on the day but still struggling to break 3p. Share price has been here before, last broke 3p in March (3.6 in February). We know results are imminent so is this investors being enticed to invest or has there been sniff of results. If there is no news tomorrow it will slip back again.

"3.60-3.70 by friday before news and MONDAY hopefully the transformational news.imo"

Well that doesn't look like its going to happen either.

This from 2015

We finish with another resource company, Frontera Resources Corporation (FRR.L), a Houston based international oil and gas exploration and production company.
?
Their current operations focus is on Block 12 in Georgia, specifically the Mtsare Khevi Gas Complex and Taribani Field Complex both of which are already producing revenues.
?
The RNS announcement on the 20th April 2015 provided independent assessment of the potential resource size here for the first time.
?
In excess of 9 trillion cubic feet of recoverable prospective resource was identified between the two areas, confirming the company’s long held belief that they have some significant assets on their hands.
?
With funds raised in May 2015 the company can continue work programmes on both
assets. 70% of the c.£2.8m will be directed towards gas production, which will include
re-entry of existing wells which have previously produced; with a target of increasing
existing production from 2 million cubic feet (mmcf) of gas a day to at least 7mmcf by Dec 2015.
?
30% will be directed towards oil production including payment for and utilisation of equipment which will enable to do its own fracking in the future (without the need for outside contractors). An initial eight well fracking campaign is planned. Current oil production is 300 barrels of oil per day (bopd) with each new well anticipated to add 30 to 70 bopd. The proof will be in the pudding and we await further news flow

w_w_w.brrmedia.co.uk/broadcasts/5bb5fc62269b0c1ded1893ff/frontera-resources-corporate-update/

Corporate update - FRR Tue, 23 Oct 2018
ZM speaks about the settled disagreement with YA Fund, the legal action against Independent Director Mr Hope and also gives an overview of the continued success at Taribani. Includes 8 other interviews with him.

According to the 2018 shareholder presentation of 25th January:
Block 12
Gas OGIP: 12.9TCF. Recoverable: 9.0 TCF
Oil OOIP 10.2 bbbls. Recoverabel: 1.7 bbbls

The Taribani Area covers 80 km2, potentially extending to 600 km2. Estimated 1,031 million barrels of oil in place, 155 million barrels considered to be recoverable. Estimated 4.6 TCF gas in place, 3.2 TCF considered to be recoverable.

Crude quality is comparable to Brent – 36 to 41 degree API

Frontera has acquired, processed and interpreted 60 km of 2D and 150 km2 of 3D seismic over the area, conducted extensive technical field studies, drilled three wells and conducted multiple re-entries/frac-recompletions.

WH Ireland’s valuation of Zones 9,14 and 15: $484 million

Udabno was the "exciting" gas discovery.

Usual caveats apply, and its worth noting the presentation was created by "rtheilig" and last saved by ZM, so draw your own conclusions. If anyone wants a copy please let me know and I'll upload it.

Dr K Seymour joins the board effective 7 September 21.

All coming together.

"it will be interesting to see if Mr 100 / 200 + k seller appears , you can bet your bottom dollar he will and stop the rise in its tracks , if it can get past 3p it could go north pretty quickly"

Since 15:00 there have been 1 sale of 200k (2.76) and another of 100k (2.76). Also 90k (2.8) and 30k (2.73) Odd figures 83,603, 59,701 and 1300 all at 2.76p appear so difficult to tell.

Not going through 3p today and history indicates it will fall back tomorrow.

Well someone is not overly confident. £10k sell at 2.76p in the last half hour and no buys.

Did we lose all Hope?

I don't think he knows what he means. Every sentence is finished with '??' as if he is looking for confirmation of his commentary. A bit excitable really not adding much value.

Board Change

Block Energy plc, the development and production company focused on Georgia, announces that, further to the Company's announcement on 5 July 2021, the resignation of Chris Brown, independent non-executive director of the Company became effective today.

The Company intends to retain Chris's services as a technical consultant.

Block Energy plc's Chairman, Philip Dimmock, said:

"Chris has decided to step back from the non-executive directorship and concentrate on technical advisory work. The board thanks Chris for applying his considerable technical expertise over the past three years to the development of the Company's strategy.  I look forward to the Company continuing to benefit from Chris's experience in his new role as technical consultant".

only you forgot to mention it...

ZM is clearly full of contempt for SN comments, but whats more interesting is where that contempt is derived from and what premise he felt he had authority to act alone despite being dismissed.

This really does seem to be coming down to a matter of theft instigated by ZM. But on what rationale and how did he think he was going to get away with it?

Not sure we will hear anything on Monday Reg, its a bank holiday.

Bid has moved to 2.20 now. Interesting, seems to have woken up.

To clarify, that is buying a million for 2.92p. No issues with buying.