Member Info for MaxHSpringer

Kipper- Could it also simply be the mm's making a market? MM's make money on volume of trades, so they may have stirred things up a little. Also has gone from more sells to more buys! Really looks to me that mm's want trades and volume, but this post might be removed like the one I posted yesterday. lol, I think I hit a truth nerve there yesterday!

Dirk- You are an ungrateful whinger! Had SN continued and Zaza not stepped in the company would have been gone! That's it, gone mate!
If you do not think that three flowing wells, positive cash flow to pay off debt, pay for operations, be in operational profit, get ii for Niko isn't enough in 12 months, then mate you have unrealistic expectations! Sell up I appreciate that everyone has a right to an opinion, but you never have anything positive or even constructive to contribute! So, please mate unless you can do better than Zaza, then just sit tight and shut your pie hole!

But to me it looks to me like the mm's have squeezed every last sell at this point and there are more buys- even at these low volumes. So, will they start walking this up again before news? I would say that is a good possibility once they come back from what ever they do! GLA and

TP- picking the right battles is always key to winning the war! Like everyone here am looking forward to some good news but if the publication of news will weaken our position elsewhere- then I prefer to waiting!

2? A pudgy finger at the shorters!

Commy- I disagree mate! It doesn't matter what the original agreement is because there is a new one in place to pay off YA over 12mnth period or leas. So, as every time FRR make a payment it is now a fixed expense (like electric bill or wages). The only time an RNs will be required in regards to this is if there is a material change (I.e. can't make payment so will have to convert, paid off early or paid off) that's it! This is now a fixed expense nothing to see on that front til its settled off!

OS- it doesn't matter how many shares are in issue, if no one is selling and more people are buying, what do you think that does to the available shares that very few are willing to part with at these prices? It creates a shortage of available shares,doesn't it?

Commy- already rns'd mate! By making monthly payments, the company is in effect buying back those shares, so nothing to RNs unless they couldn't make the payment. So, no news on that front is certainly welcome until all paid off!

They will buy your shares at just under .267, bid has gone up and hard to get a quote for a buy! They are hoping people loose a bit of patience and sell at these prices. However, this all looks like they would have to seriously go short if the buy volume picks up. I wish I had more, but we know that the company is now cash flow positive and we know that YA are being paid each month, we also know that Zaza has invested significant amounts at a higher average price! So, with everyone watching and with over 16bn shares in issue, the low volume is actually a good sign because everyone except two or three people (literally, lol) are all patiently waiting.
Frontera's tweet yesterday is a positive sign and I think there might be a big funding plan is taking place! Next few weeks will very possibly be transformational! IMO of course, but GLA

Strong- The sells might be some kind of transfer and thus are not available or possibly the mm's are filling a large order in the background. If you are looking to fill an 8m share order, I would probably call my broker and get a negotiated price. If positive news is imminent and shorts are possinbly closing, it might be the only way to get the shares you want at a good price. (that's just me anyway) pver the phone tends to get a better price than what the computer would quote anyway! Good luck mate!

People are so busy moaning about news and Frontera posted on their Twitter page regarding Bank of Georgia's increase in profits and TBC bank (it's rival reports profits next week. An idiot or two were moaning on twitter that this has nothing to do with FRR, but ask yourself why would FRR publish this article and link?
https://uk.mobile.reuters.com/article/amp/idUKKBN1L10LK#click=https://t.co/VXIRcwtppr
Is FRR in a closed period? If so, they are dropping clues IMO and big ones!!!!

Thanks CodeFred! This should be positive and would encourage the Georgian government to facilitate doing business in the country. I would also think that they would not want to create ant major issues and this could be part of a way to resolve the arbitration. Fingers crossed folks all the right noises coming from good places.

Kipper- we are expecting news at any moment in the next few days, so why demand your Yorkshire and open the oven before it has fully risen? Yes, you will see its there, but you will take the heat out of a food rise all because you are impatient or deramping! Chill mate, go for a. W@nk, cold shower or walk a dog- its coming and the news will be here soon enough! Relax, sit back and enjoy the ride!

Just before positive news is about to come out! There are more buys then sells and as much as the share price is trading in a lower range, it would seem that all we need is a bit of volume!

I am not clear on how arbitration in Georgia works, but you would think that the GOGC have a time limit in which to present and seek active arbitration. If they don't do so, can FRR petition for it to be set aside (or the equivalent of)? Surely, the GOGC can't keep arbitration in suspended animation for ever!

No loss, could it be that the ii might be a bigger player than we think and could possibly hold/access the funding for development of the field thus becoming a partner in the venture?

Mole good post and agree! An important factor that really helps things along is the low cost of extraction and the relative ease of getting the oil to market. The oil is the vehicle that IMO will create the positive cash flow to not only develop the oil side of things but will fund the gas. If this can be done we will be onto a winner! Especially if we do not have anymore dilution.
I think that, FRR has been showing by paying YA from positive cash flow and as Zaza stated 1000bpd by year end, that FRR will be able to self fund the next couple of wells. The 2019 drill program will certainly be looked at with a lot of interest. I would suspect that this will come shortly after the flow result this week/nexr, then further news on Niko (further funding by ii for a deeper well). So, for me there is a lot of potentially very positive news to be RNs"d in a short space of time.
The only bug is the arbitration and if this is wrapped up sooner rather than later, this to me would allow so much investor interest and would hopefully see a very sharp move northward in the share price. FRR was at .88p last year on no news, so top up while you cab at these prices, lol

Folks ignore the colour of the trade all this is indicating is that the transaction is over or under the mid point. When its on the midpoint it is "usually" black. However the 2m buy must have been done at a very smidgeon under midpoint, so say .28499999 and computer may have rounded it up,but is still a buy. All we need is some volume for the share price to move north, especially with news due at any point from now! GLA

For some reason I can't load the video, but would someone please give a brief description. As I am out and can't load it, thanks!

Typion- I empathise with you but look at the positove- Your shares are sticky shares and the more people who hold their shares and are not willing to sell will for the mm's to raise the share price/