Member Info for offtheball

That's the most meaningful post in days Cheesie ! Far too much information in the wrong hands at the moment. Until we hear something official, It's business as usual on the ground. I'm off back to sleep for a few weeks zzzzzzzz

If working hours are increased from 10.5 hours to 24/7, This should provide an increase in production.

http://buildings.westsussex.gov.uk/ePlanningOPS/tabPage1.jsp?aplId=2278

Decision via delegated powers and determination target is 14th Feb 2019

Star, I doubt hope gives a monkeys about the shareholders. However, I also don't think he will want to lose block 12 to the GG. It's in his interests to do a deal with Frontera, Don't you think ?

As it stands with today's hearing, We have no new information ? What is circulating is a few weeks old.

Am I correct or missing something ?

Vonk may have no where near 11,500,000 left. The TR-1 was triggered on the 5th Feb. We will not know what he offloads moving forward.

Pleased some have caught up !

Don't accept it then and keep bleeting on here if it makes you feel better. No one is gaining anything..... I'm far more accomodating of the current situation of silence than seeing the sp getting constantly obliterated. I'm also not a lawyer, So can't comment what they can and can't say. I've been invested here long enough to withstand 3-4 months without news when the company was listed.....

Not just aimed at you at all tsbs, There has been comments posted regarding the same thoughts. Truth is, This board has gone to sh*t with nothing more than speculation hence I've tried to avoid it. The suspense gets to all of us but realistically until the court case comes to a head, We are in the dark to protect the companies case. I also picked up on the suggestion of someone messaging Dustin at his newly formed company to try and find out if he is still attached to FRR in some way or not. This is just ridiculous behaviour in my eyes. This situation plays with emotions but all contact and newsflow is halted until a conclusion. Some just need to accept it.

With regards the interest payment. If we had known about it, We would have had to pay it or release shares. The whole saga continues.................... Was this the only viable get out clause after building evidence ? Time will tell.

I agree about the interest payment but until the court case comes to a conclusion, We simply don't know the ins and outs. There is still a chance that the company and all investors can move on from this ready to mark out an unhindered future with an sp in multiples of where it closed up on delisting...... As for the shorting camp :-)

Nothing I know of Timster, The court cause list will be updated on Friday for next weeks cases.

We have been informed albeit via Yellow Jersey that we are still fighting the court case and works on the ground in Georgia continues. We will be updated from the company when they can. That to me says they CAN'T make comment, However small at this time.

If the bod could update us, However bland the information, I'm very confident they would.... It seems quite obvious to me they have been advised to keep a lid on it whilst the court case is ongoing. This case is of huge magnitude and the simplest mistake or post could jeopardize the whole case.

Zaza made no secret of wanting to sort the shorting fiasco being played out on the company. There has always been a plan of action to stop it. That maybe didn't include clearing out the rot of the company ( Should this have been dropped in at a shareholder meeting lol ), Delisting or losing the ISA wrapper but the signs were always present.

I am speechless that some think handing over shares to this crook to avoid the £2 mil default would have been the best way to deal with the position the company was in. That combined with the ' Why we didn't know about the planned default ' is nothing short of madness...

You tripped up there bod, You should have informed us all that you planned on catching Hope and the shorter crew with there pants down lol. I mean, Really ?

The company was trading at 0.002875 when the default happened and if shares had been handed over to stop the default, God only knows where the share price would be....... This amalgamated to the constant shorting still being able to carry on was NOT a viable option.

Yes, The company is quiet which is annoying but there is still a light visible at the end of the tunnel. Nothing but noise and upset on here. Losing the isa wrapper is unfortunate but as it stands, We still exist ! There is the option of awaiting the company to be in a position to update us or you write it off.

I'm certainly not taking the position of writing it off yet...... GLA

Wouldn't the court listings read : Stephen Hope / Ors v. Frontera Resources Corporation if Hope brought about the court action ?

RNS 10th Jan 2019 :

Details of Facility Agreement

The Company, on 9 January 2019, entered into an agreement with YA II PN Ltd and Riverfort Global Opportunities PCC Limited (the "Noteholders") for a 2-year £3 million loan facility.

The Facility may be drawn down in tranches ("Advances") over a 24-month commitment period at the sole discretion of the Company and carry 0% interest.

In respect of each Advance an implementation and commitment fee equal to 8.5% is payable from the principal drawn down.

" The Company intends to immediately draw down £1.5 million under the Facility ("Initial Advance") "

They certainly should have available funds to fund Brockham E_AL, They have drawn £3.5 million since November 2018 ...................

Operations Update

Operationally, the Board have set out their plans to:

Deliver the well test on the Balcombe Field Discovery as was reported in RNS dated 2 October 2018;

Continue with the Brockham well test that is currently ongoing - an update will be provided in due course;

Continue production at Lidsey at the currently achievable rates of 20-40 bopd whilst investigating feasible ways to improve well performance on this field.

Can the company progress on any of these fronts or are all awaiting approval for works to continue ?

" Subject to agreement from all regulators, Include the return of a work over rig and the Company will update the market as soon as possible.

Will this involve applying to SCC again for permission or can they move on as they see fit ?

At the end of the day, However long it takes our hands as well as the bods are well tied. The radio silence is a necessary evil but it doesn't settle the nerves any. We are in the best position we could have been in light of all that is going on in the background. It's a stressful time but it could have been made a whole lot worse if we were still watching the share price being subjected to even more constant manipulation. I'm pleasantly calm that has stopped. The nomad resigning after me having time to reflect was inevitable. Having another nomad take us on with the luggage was never going to happen, That's not been a failure by the bod not sourcing a replacement. Well, I'm going to crawl back under my rock again until more news. Hopefully February will see some movement and answer a few of our unanswered questions. gla

w/c 11th Feb will actually be four weeks from the last hearing, So the next hearing may be sooner than my estimate of the w/c 18th Feb.

Fingers crossed for some news in Feb.....

Tuesday 20th November - Frontera Resources Corporation - S / Directions & S / Extension

Tuesday 18th December - Frontera Resources Corporation Vs Ors - S / Return Date

Thursday 17th January - Frontera Resources Corporation Vs Stephen Hope & Ors - S / Directions

Are these the only three hearings to have taken place or have I missed any ?

I see a pattern of around a month between cases, Is there a chance we may hear of another hearing between Tues 19th and Thurs 21st February ?

Time will tell, This suspense is mentally draining.....