Member Info for Dave73

ODR spotted it yesterday think they may have already bought them back or at least some of them , so we can assume (as always) that they were in the wrong..fantabidozy !!

Good spot does this mean they have closed them off from previous sales ? would mean cash payment has been agreed perhaps ? seems a coincidence amount

I dont think a payment outstanding of US$2.6m will detract from any JV , think we are talking about billion dollar deals here (hopefully) so 2.6m will not be an issue in my mind.

Could you kindly use your influence to request an official RNS stating the fact that payment has been made for August within the set time frames as per the agreement and also that the September payment will also be made on the due date. There is too much left open to interpretation here , we need a clear statement with no caveats.

Clarification:
The Company and YA have now agreed that the redemption of the remaining 2,891 Series A shares will take place over 12-month period, on a monthly basis, for which the Company will be making cash redemption payments to YA of
US$265,000 per month. Once so redeemed, the Series A shares will be cancelled. The Company has also the right to convert redeemable Series A shares into ordinary shares, at its option. Â The Company will also have the right to pay down in cash the entire redemption amount for the outstanding number of Series A shares at any point.

Frontera need to to get Carlsberg to do their rns's then we all would be much clearer as to whats going on instead of us all making up theories and creating confusion

You guys better get buying back that 175m shares or you are going to get very badly burnt. Majors wont be wasting their time over poor flow rates and you will be nothing other than a gnat compared to them.

Could be playing a blinder here with help from the majors to give YA a bloody nose and get rid of them , blue finish imo

If they have pre sold then a good resolution would be they will have to buy them back if proved in our favour...price rise coming and yes ZM drop that mother of all RNS's to blow YA out the water.

Come on guys put yer hands in yer pockets and pay the bu..gers off and get rid once and for all and meanwhile explain why no clarification re August payment to YA ??

Someone is or has been telling porkies , YJ get your fingers out and explain this properly thought we had an agreement with YA re conversion / cash payments , did we pay them or not for August please clarify , if not then surely they have the right to convert ? this Company creates more smoke and mirrors than a smoke and mirror shop. You cant make it up can you , certainly not the RNS we was expecting , we as shareholders demand a proper explanation of this........very very annoyed now.

A little tweet is all it takes to confirm second payment , they announced the first one so why not the second payment , YJ sort it out , out. We would just like it confirmed so we know nothing dodgy is going on....apart from the normal stuff.

We probably paid two just not been announced ?? yet

It is is it , ok thx was not sure and couldnt be bothered to look back. Assume then that they put that clause in pending a JV/TO....maybe they already knew ha ha

I think we are paying interest on the debt so yes if paid back earlier.

Don't forget we also have the option to pay down this debt in cash sooner should funds become available ? hopefully production will increase enough that we can consider paying down earlier.

See my theory ?? they dont need to hold the shares if short selling and have someone that loans them the shares to meet market deliveries thus avoiding any buy ins

One of or both of the majors selling short to keep price low for potential buyout bargain of the century. Once they have collected all the shares from the offer they will have their shorts covered , maybe even SN/ZM loaning the stock for the usual stock borrowing fees , thus also getting a return on their holdings.

The mind boggles. GLA

Yeh tis watched it many times , couldnt remember seeing the other one , he has a certain smile on his face that says dont worry about share price because I'm going to sell this for billions. Friday ramp!!

Sorry quick fingers sure this interview has been posted before , but certainly worth another look for any doubters.GLA

Frally day today