Member Info for Mickthegambler

Nothing wong with an emoji Dev, when something has given you a boost, and if nothing else this proves that the company is still alive and kicking, but I’ll have to get a much bigger boat if I’m going to be of any use for the offshore stuff :rofl-

I guess we can’t completely discount a sale of FEGL, but I think partnering is more likely with FRR handing over the operatorship in Georgia to their partners and front running Moldova and Ukraine using their in house geologists. The latter will have been all over this for a while, recalling that we know from Facebook profiles that they were being tutored in the Moldovan language last year. However we know from the court papers that their reservoir engineer in Houston, Gerry Bono, retired last year but I am sure that the partners will be dealing with that stage of the analysis anyway.

SB stated that these recent actions “add credence to the theory that FRR is being supported by some higher political powers. But if this was the case, why are these ‘higher powers’ not financially helping us now?” Well I think the answer to that is that direct funding of E&P companies by the US Government is generally a political no-no, but we know that FRR does have powerful friends who might have done quite a bit to oil the wheels with the host Governments - and possibly provided some credit guarantees pending the resolution of the dispute with Outrider. I think they would only do that if SN had convinced the powers that be that not only is a settlement in the final stages of negotiation, but some serious money is going to be available from partners, who at this stage prefer to remain anonymous.

Just my humble opinion of course.

Tot

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Frontera Resources Corp
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the_old_trout
7h
Interesting discovery Devex. Going offshore is both humungeously expensive and beyond FRR’s current capabilities, so they have to be front running this for someone. That might suggest that the relationship with BP and BH has strengthened whilst the company remains in Purdah.

Has anyone seen any black swans recently? :star_struck:

Tot

17

Symore_Bottoms
7h
Well, if nothing else, its another sign that FRR is still alive and kicking. Just did a google search and this story is now showing up: https://en.interfax.com.ua/news/economic/570688.html 18

So what does this mean? Well, shows ambition even if the company appears to be skint. Adds credence to the theory that FRR is being supported by some higher political powers. But if this was the case, why are these ‘higher powers’ not financially helping us now? Also, who is doing all the geological studies to identify the prospective acreage? First with Moldova, which we all agree was a stonking deal and now with Ukraine [also 50-years PSA]. You could argue that perhaps B12 could be sold lock stock and barrel and FRR moves to Moldova and Ukraine - who knows.

Lets just deal with OMF for now, but having BHGE and BP under MoU and NDA , plus progressing with Ukraine sounds very exciting but means jack until we get the news that the US$60M is secured by the NY Fund.

JMO

JMO

15

EyesonHawk2
6h
Looks as though it’s now been approved.

"Ukraine, on the proposal of the American company Frontera Resources, engaged in exploration and production of gas and oil, will conduct a competition for the conclusion of a production-sharing agreement (PSA) for the development of hydrocarbons within the Dolphin area.

The decision was approved by the Cabinet of Ministers on Wednesday."

?????????-??????? 5

??????? ??????? ??????? ?? ???????? ?? ??? ????????????? ??????? ?? ??????...
??????? ?? ??????????? ????????????? ???????? Frontera Resources, ?? ?????????? ????????? ?? ?????????? ???? ? ?????, ??????? ??????? ?? ????????? ????? ??? ???????? ????????? (???) ??? ???????? ??????????? ? ????? ??????? "???????".

10

Drshobby
6h
Have FOF managed to get any communication with FRR yet?

2

booster11
5h
It sounds like FRR are a front company for the CIA.

tmhhammers
founders5h
It sounds like FRR are a front company for the CIA.
I Hope so !!!

No chance of them going ‘‘pop’’ if they are.

3

Devex
5h
Drshobby - no further communication. As we said in the Feb update we don’t really expect one until the court issues have worked their way through - and pretty clearly they are currently in lock down.

We do occasionally remind TT/YJ that we are patiently waiting

12

dgfletters
4h
Frontera, m

Down 30% as a placing has been announced

Would the court case prevent us having one??

Twisted fire geezer

That'll be over some peoples heads

Only young in his forties

Shafqut might even be a gnilf

thefozzer
2h
Brilliant post by regdik, I guess we now know the reason flow rates were not released to the market, the NY funders wanted a full 6 months of test data. If you were going to sink 60m into a company with Frontera’s history I’d want the same due diligence.

EWT at T39 started July 19th, this take us to Jan 19th 2019 for a full 6 months and right down to the wire. It seems possible that the NDA was with the NY funders, what is clear is that Hope was being kept at a distance from April onwards.

Good luck, the judge is right about Zaza being a gambler, let’s hope he now has a winning hand.

This may well tie in with madpunters theory that zaza said 3 majors on an lse interview in October

whobuys over on iii
8m
NY funders were the mysterious 3rd entity mentioned/slipped into the ‘edited’ interview many argued over perhaps?

Very true timster my mistake

Brgmg69 out of curiosity is starage a member of fshg? As he does say he has a significant holding and proves if he is genuine?

Devex
25m
At one level these emails are simply more detail in regard to the first lot - with the exception of the GOGC ambition (you can wish for something but doesn’t mean you are legally entitled to it). Couple of early observations:

the email chain covers the period to end April - and then the loan repayment emails in late September/early October. So there is a 5-6 month period not referred to. I sense ZM/SN started to freeze SH out of much of the loop during that period, and were probably planning the court action from May onwards .

operationally of course the drills, Eldari B etc all came on stream in this period and the NDAs were signed in late August. And it is pretty clear from the first set of emails that SH was not given early access to this info.

indeed everything does seem to revolve around the court case and the NY financing - but always did. In my view there is no way that this level of financing will happen unless a third party is helping it along the way. More likely BH than BP in my view.

one crumb of comfort - the new licence offers are obviously not about B12

and another crumb - however challenging the finances were the last cash raise was 12 months ago - despite having 1.5 billion share headroom. And there clearly have been some remarkably supportive suppliers through the last year or so.

We sit and wait

£600

I think he has been very vocal and probably scared someone enough to release some of his short position at 0.06p as he might have been given some information that has frightened him enough that he is well exposed with his short and knows whats coming

Disgruntled ex holder

https://mobile.twitter.com/search?q=%23frr&src=typed_query

The shorting crew are not happy over there

I think there was a lot of people who are locked in with these and they are not happy with the company as they are not paying out hence alot of bashers on advfn lse and iii and loads on twitter and the messages saying how pleased they are at the longs are loosing money but in reality they have no access to their own!

Thanks 1onic it makes sense why all the bashers are here as they are ****ed off too as they will not be able to access there funds so everyone is stuck in limbo so angry from both sides A well known twitter basher JubCap @JubCapital #FRR ''Frontera Resources Corporation Frontera Resources To Grow As A Private Company'' The company really cannot give it up... how on earth can they try and spoof the market that there is any life left? An attempt to make it difficult for shorts to close via Britdaq?