Member Info for Pecten11

Kempey, as others have suggested, the oil revenue split between FRR and the Georgian govt only becomes reality when the cost recovery pool is exhausted, so will be a while off yet. It would become more relevant if a lot of future wells were financed in exactly the same way, but if that happens well already be looking at a totally different company. Love the analogy Mole, picturing Zaza as ringmaster and we can all think of a few clowns who are overdue some pratfalls

So Kipper, you're not happy and you want to tell everyone that you're not happy. Please tell me, realistically, what FRR can do to make you happy?

Good to see our supposedly new, but definitely abusive poster has been taken down

John21 you like asking question, try answering a simple one - is it a good deal?

John21, stop trying to be clever, it really doesn't suit you. The investment is non diluting in the traditional sense at the company level Individual assets can be monetized in different ways to increase company revenue while reducing the exposure. It's good business practice

John21, stop trying to be clever, it really doesn't suit you. The investment is non diluting in the traditional sense at the company level Individual assets can be monetized in different ways to increase company revenue while reducing the exposure. It's good business practice

Since we havent been told the name of the partner for Niko (NDA anyone?) That can only mean one of two things to me - the partner is unlisted/governmental/ngo or get busy scanning RNS equivalents for who is ponying up the dosh. Clever non diluting way of continuing to prove the commercial viability of Taribani. Well done Zaza

Tsbs, is that a semi raise or something partially hairy??

.4475 for a couple of grand as a dummy. Something stirring?

Good copper grade comes from only 1.5m and that's 193m down . Be careful of the rampers

Look iffy, then have a look at MTFB at 16.26 - trade value of �2.75M on the book twice, with a cancellation inbetween. In that case probably on off book transfer , which is what I think most of ours are. Its only since the MiFID II regs have come in that they are visible, before we'd never have known, just been even more confused than now imo

Dulwichman, he didn't say, but I think one of them will be Niko and if I was guessing the other would be another old well, cleaned up, and drilled deeper. Think brand new wells would still be too costly at the mo, the $2.9M cost per well will be based on 're entries but using the frac and stack to achieve the required volume

To be fair Rainbow, the question about choke sizes is one of the better and more relevant ones on here. As far as I'm aware, that's exactly one of the things they'll be messing about with over the flow test, to find the best combination of flow rate, maintenance of pressure and any reservoir indicators . Dustin and team get that right and we see consistent flow rates with little decline and possibly even better volume A lot of o&g companies state the choke sizes in their RNSs, but we'll probably only find out at thecehd of the flow test

https://audioboom.com/posts/6866517-versarien-vrs-frontera-resources-frr-and-sdx-energy-sdx

Thanks RB40, just trying little cut and paste ! Yeah, I noticed that too, but to me that implies they have more data available yo them then we have. On one side that good, so it gets interpreted by someone with a modicum of o&g experience On other side, if they gave more data, which is potentially prrce sensitive , why wasnt it released in an RNS

https://www.**********.co.uk/company/FRR/

Frontera Resources (FRR) - WHIreland research note 22.05.18 Market Cap �72m Price 0.46p Frontera announced yesterday that Zones 14 and 15 produced at an initial rate of 315 b/d on a comingled basis from the Dino-2 sidetrack well, which we believe corroborates the success achieved from the T-45 well, which produced at an initial rate of 270 b/d from the same zones (announced 8 May 2018). We believe the outcome is highly supportive of the objective of the ongoing drilling and testing campaign to establish the commerciality of the Taribani oilfield. We will publish a morning comment today that provides our analysis on the initial production rate and also provides, for the first time, details on our expectations for the forthcoming 30 day initial production rates, which we believe are more meaningful data points than the instantaneous (1 day) initial production rates. For now, we maintain our fair value estimate of 0.82 p/sh. We believe that the current price of Frontera materially undervalues the company and that recent market dynamics have not appreciated the significance of the promising initial results from production testing at Taribani.

Many thanks for looking Laks and for reaching out to ma5k(thankyou) and others Ma5k, interesting, as the only one I found was https://uk.finance.yahoo.com/?guccounter=1. They look like fundamentally the same platform, but mine will allow a search for the MTFB London ticker, but then display the market cap chart still in dollars, whereas your finance has some different tab options but won't allow an MTFB London search. Must be possible, I'll have a little fiddle with it by myself when nobody's looking

John21 - are you they'll informed investment genius we are waiting for? Cough

I bought back into MTFB during the bookbuild, cos couldn't see the placing being lower than 30, so took advantage ef the drop to more or less get the placing price. Can't see the drop below 30p unless they have issues with the NDA submission, though that's already delayed. Yeah saw the NTOG price but was too late, it was already moving and hadn't done a filll or kill. Don't worry if you can't find anything, I'm sure your thumb screws must be nearly worn out! Thanks and have a regal weekend....