RE: 2018 Pivotal Year12 May 2018 16:38
Loving those estimates Rainbow mate... and I do agree that for FRR this is now a monumental and pivotal next few months, (just to narrow the field of vision), and there's a major amount of work being undertaken to prove up resources to a point that's inevitable to majors, who, as per mentioned prior, are already sniffing around with a stake in each hand to lay claim!
People, look deeply into the eyes of the likes of Pyro's and Moles posts and align these thoughts with the presentation given on the 9th, (as per PDF), and you can see the position that FRR is currently anchoring towards. Figures aside, we are now in the next foreseeable milestone in the company's career, which is to be realised by mid-summer...And as stated before, oil aside, the mystery play still seems to be the Gas, as to what Zaza pulls from his hat has yet to be revealed...AND then, We have the Oil play!!... what seriously is not to like?.. we seem to have de-risked abundantly and covered from most angles!
As per Moles post and in a recent post I also iterated that Dino maybe the biggest surprise here..in addition to our T-45.
As for the financial aspects ... i'll leave that to the people that have more knowledge than the basics that I have, but most, if not all should be able to work out values of current and future plays... Financing?... YA... Well thats a different realm of dynamics and to be dealt with, but which company dose'nt have these woes?!