Member Info for MisterPositive

332m Traded already.....WTF

At this rate 0.60 would be a goner today.

Good point...

Assets were too big for FRR to develop alone.

In fact so big, that 2 Majors are in play.

EXXON.......CHEVRON.....?

is MASSIVE news.

Market simply Re-Pricing risk........... of not having to go it alone.

Majors can develop this massive resource.....FRR will just take their cut.

0.40.....Broken (twice now, support tested already....with very strong bounce)

0.50.....IN PLAY

0.60....NEXT

think they are already producing 750 bopd ?

Babbler2,

same here....paid 0.41 in the end......LoL

Giovs,

sure will pull back but AFTER hitting +1p.

Market will take this to 1p.......just wait & watch.

still time to get in......

Giovs,

think you might as well get on board now before +1p.

and

save your strength dude.

will be hit soon.

got more at 0.405 showing as Sell.....lol

This should be +1p on just one NDA with a single major...

...we got 2 Majors to come on board.

today....after the initial morning riff / raff....

Derampers want in also.....Lol

Johnny, 70 days estimate was quoted by Sinopec to MATD. Original TD last year was for 3150m, but they decided to go deeper upto 3350m. Hence the revision. But 70 days estimate was for Drill and logs.

Erratum: Ignore 53% controlling stake. Got this mixed up with a different stock.

Good point. 2019 drill program defo looks to be revised once Farmout / JV deal is done. In fact Farm Out partner with 53% controlling stake should be driving things.

With significant news like today's... 2 Majors with NDA.... will not at all be surprised if Market takes this all the way to +1p

Will be nice to have good Oil strike at Snow Leopard to coincide with rising Oil price. Still waiting for Wild Horse (the beast).

Well today's rise came WITH profit taking all along the way.

Asset was never in question.....it was the sheer size of it......FRR could not go it alone.

with (not 1) but 2 Majors with NDA......lots of mileage here in my view.

0.50 should be gone tomoz early on...

...might even do 0.60

Superman86,

Market Re-pricing risk mate.........simples.

Instead of going it alone................got 2 Majors now with NDA.

This will Open @ 0.45

so did FRR.....

Richard,

Wish you a speedy recovery :-)