Member Info for pyrotech

There is very little i can see why anyone would not want to be Nomad for FRR, its pretty much like many Aim companies. WHI for instance work as nomad for PYC another share i hold, there is alot of unknowns and jam tomorrow there. So to be honest FRR are pretty much run of the mill.

So why did Cairns leave, well that could be for any number of reasons. They may have inadvertently released info to Hope.
Hope as director should have informed the Nomad of inpending financial discrepancy as in he was in full knowledge that his company was owed money by FRR and when and he knew that they would not pay, as he was in control to ensure that payment was not made.
That is a director not disclosing as per aim rules

The leaving of Cairns may actually be another nail in Hope(less) coffin

I also agree with ToT, this looks like the judge is reviewing the case as one and injunction regarding default not even being mentioned as the reasons for said default appear to be paramount. Which makes some sense.

Not really sure what to expect on 17th, could be a OOCS or guidance by judge for mediation. With his thoughts it could push both parties to compromise.
To be honest if we had to pay around 70% what was owed (with new loan) as full and final settlement. With Hope resignation from Board i would see that as a huge win.
OMF and hope with no further hold over the company.

I suggest something to similar above is about 60% - full win for FRR about 20% and FRR to OMF around 20%

So not a dead cert that we are okay, but also not for a full win. Most likely something in between but risk remains of something very good or bad for us too.

I would personally like to see a tweet or something to give us an idea - but if that increases risk then i suppose better to have radio silence until the battle is complete. Rather frustrating i know

3 things we want
1. To know Nomad will be sorted in time
2. Result of Court case or OOCS
3 To not be trading until good news

Problem is, they can not say today that Nomad sorted on 24th, its either sorted or its not. So even if the plan is all sorted between them to start on a date in future, they could not tell us that without listing again.

So that messes up number 3 which is in many ways waiting number 2.

I can confirm YJ have said that FRR are in discussions for a Nomad, or at least actively seeking one. I can also confirm they say all is going as planned on the rig face.
Plus They laughed at comments that suggest FRR are dead and gone forever

Thats honestly what i know

meanwhile we need let news get sorted and cross our fingers that the Nomad is ready to go, when FRR chooses.
A deal with Hope / OMF could be within signing or as far away as ever. We could have loan ready to pay them off, or it could be still on back burner.

What a predicament we find our selves in, we want news of Nomad, but that news too early could destroy value temporarily, then many holders sell out at a loss, for then amazing news to come and leave them behind.
After all this time, its just a little longer for reward or complete loss.

I do now see this as massive value or nothing. There is no in between, all or nothing. I also feel the company has played its cards with a strategy, but the ending is unclear. Let the shorters have their day, gloating and shouting their dismisive thoughts, because they change nothing. What will be will be and if we come out on top, then those shorters will have had something to yell about as their losses may be massive.

is it just me or has frr been removed from Google finance

thanks mate. another holder I have met who is honest and truthful on here.

a lot of you are great posters and I hope we all get to meet. early 2019 for a shareholder meeting.
it seems I am a threat to others on a different board. most likely as they are shorting frr.
Please do not tell them that sp is suspended and what ever I say makes no difference. it's almost pleasing to watch the worms squirm

For those who are invested here, i will tell you what i know.

I have been to a few meetings and met some fellow investors who are in the same boat as posters and readers here on this forum. I know many by name and all of those i have met have been pleasant decent people.

I am invested here. I invested as i thought FRR had a chance of being a high gain share, it came with high risk too.
The last 18 months has seen the high gain increase, the risk appeared to diminish, but behind the scenes things were coming to a head.

I have spoken to Zaza at the meetings, when ever i walked in he recognised me, walked towards me and shook my hand. he looked me in the eye and spoken with me.

I do not see Zaza as a crook, he came across as an open friendly CEO, who put his own money on the line along with ours.

If this goes wrong, which it may, its highly unlikely to be due to to Zaza being deceitful. We may have been backed into a corner, and forced to play our cards, or we may have enticed Hope into the corner as a trap.
I do have belief that this will be fine, but its belief not fact.

Puddy, Coggy, Mole, Bomber , Prodigy are a few names of many (sorry can not name you all but you know who you are) that like me, will talk honestly about how they feel Zaza and FRR are, They have posted opinions that they believe. No one here is trying to deceive anyone.

I do not know how this will work out, there are so many different pieces to the puzzle that the route through to the next few weeks is hard to work out. So many ifs and buts.
I am a holder and what i joined here has not changed except the prise got bigger, the only change is that someone else is trying to steal the full box from us.
If its as big as we believe, then its not really that surprising that someone wants to steal it, its like a winning Euro Millions ticket.

Will we get a new Nomad in the 11th hour? Will we beat Hope / OMF or pay them off in full? Will we go on to be a huge company? I know as much as you, but i am still positive and believe all will be ok. If not then i lost some money and will never play share games on Aim again. - Actually even if FRR become a £10b company i would probably not play on aim again

Good luck all you genuine people. I have been quiet lately as i found no new news and had nothing new to report.

He is still looking at the wrong facebook page even thou i told them who i am.

However this has really gone too far now, its not banter or fun, its become nasty and vile.

This needs to be stopped, unfortunately i have to do it legally although i would prefer to do it the old way.

Lets see this piece of dog muck come to Cardiff, a free night in hotel and we sort it out in the ring.
He hides behind his keyboard, hidden away, where i actually told him my name etc and tried to protect an innocent person.
I do not need to hide, most here know me.

Stangest thing thou, i tell them who i am, and they still can not see the woods for the trees. How any one can follow someones research when its that poor that even when proved wrong 100% they continue on same track.

This Mjones and Joeking are real thickos. More than happy for both of them to come here. They can share a room at hotel so no more expensive for me and i can have the fun showing both of them some stars in the Capital.

WTF
I am fuming, just been on the site to see for my self what that scum Mjones has said about me

Here is an offer for the weasil
I have dedicated my life to saving others, since April 1990 in fact
I can not do street fighting as its not worth ruining a career for a lowlife .

However i am more than capable so why does this weasil come to Cardiff, i will put him up in the hotel and we go for 6 rounds of boxing.
I really have had enough now. This troll needs knocking out.
If your reading this JONES, don't worry about the 6 rounds, you will not need to do them all, plus i will introduce you to a few stars in Cardiff.
I can not be fairer than that, we do it legally and i pay your hotel. You cover your own medical costs thou

Stop hiding and lets stop this crap NOW

For me the big question has been missed when talking to your son.
perhaps he can answer this.

If FRR lose, can they pay off OMF in full instead. If they paid straightaway?

Can they pay off in full prior to case? even if its not what hope wants

Working on my theory that FRR needed this to happen to get loan, has the chance to pay off OMF gone, is it still open and if so when does that close. This would be a payment to settle in full without agreement from Hope and OMF.

I say this as i think they want asset so we need to be legally entitled to pay in full to clear default

Lets be perfectly honest here
Your saying nothing bad in THOSE emails

Hope is not stupid enough to put anything that could be used against him in emails to FRR board.
He would know that what he writes could be kept as evidence in future

He would carefully write an email, reread it, correct anything, read again then send it.
He would be very careful what he says to make sure he could not be looked at as failing his duties to any external verification.

He was probably writing those emails and frustrating FRR by writing one thing and saying and doing another. He is very careful in them by not mentioning certain things - like arguing why a loan would not be better from the other company, rather he just pushes the offer from OMF

I think we will find that the emails he thought would not be seen are the ones to Outrider, Cairn and others which are probably damning and he was less careful with.
The danger for Hope is that emails have been requested from other sources that means if he misses some important evidence in a set of Emails, that may turn up in emails from the other party and that would look very bad in deed.

I would suggest that its possible that Hope tried to fight the request for emails and his lawyers argued against the request. The Judge ruled against this request and gave hope 10 days over the Xmas period to produce them.
I would suggest evidence he wants to use about default would be sat on his desk ready for use, so its most likely the damning evidence that was taking time, although lets face it, its a simple task.
All you need is to sort messages to the companies in folder, send them or print them. Unless of course it does not help your case.
Zaza did say we only go to court if we can win in last meeting and this would almost certainly have been on the Agenda by then.

Hope could also be involving others in those emails and may not want to lose those associates and financial businesses. Outrider / OMF may decide better for hope to be accused alone and not have their name brought in and all revealed, so hope trying to broker a deal. If FRR are in the driving seat, they would stall that deal until the loan is in place and Hope is as far against the ropes that he can be, as they get a better deal the more desperate he becomes and if they have finance in place to close this off.

Nomad resigning is the elephant in the room. but is it a red herring? Or is the fact their name (information request) being drawn in was enough for them to distance themselves as our Nomad.

I am still confident
You do not fight over an empty Box , 2,16

MickR had a tick from the other shorter on here early

regular poster on FRR ......not

Seriously funny how the scum comes to a head like this

I am not sure about whats happened with Nomad, but i do know emails from Cairn to Hope were also requested by the Court.
I am not going to try second guessing this one

The evidence is non existant

however it is plausable and i will explain why

1. Where was TW getting info from, he was having information that things were happening before they were released. Like the arbitration months ago. - Really looked like inside info.

2, So What did Hope want to achieve? he wanted the company so holding the SP back would mean fund raising would be more difficult. If the SP rose 300% we would need considerably less shares for a placing, However you keep the SP down and that placing is going to use more shares, more dilution and is part of a sustained strangle hold on FRR.

Remember hope could also short the stock with TW his mouth piece.
TW could make money shorting and achieving it by releasing anything negative that was fed to him.
SH could make money that way too, but more likely is that it was all about the end game for him.

I would suggest high chance he was trying to make YA sell shares for same reason

Just a theory but fits the puzzle

I think the points you made have some legs, however lets remember, Zaza did not have to call that meeting at all, so he could have avoided the meeting completely.
I think the conference call was real, and with not only BP now known to be one of the super majors, BH being another i can see why his time would be split. probably to Texas and SN that conference call, whatever i would suggest it was more important than speaking to us, in the big scheme of things.

I do not see Zaza and SN in bed with Outrider, so not a con.
I do see how Outrider got their foot in the door via buying dept on the cheap from a third party, something FRR had no control over. I also see how Outrider were on a strangle hold on FRR, the clock was ticking and with Hope on the BOD this was going only one way,--- too Outrider.

So the mess was caused beyond the control of FRR
So what about the assets, well BP who i have called 2,16 for months now as a clue, and Baker Hughes know exactly what potential is, FRR could not fool those boys. So the asset is real. Please note also the sudden interest in Georgia by Exxon and Total. Something has woken those sleeping giants.
Also why else is Outrider so interested in taking FRR?
Its because that box is worth fighting for, its not full, is bursting out at the seams.

Now I suggest FRR had only one option to stop Hope from forcing an eventual default, the situation was going to become more and more impossible if action not taken. I think it would be hard without this to remove Hope as he had it as a condition for the loan.
To remove Hope we needed a loan to pay off outrider
To get that loan we needed to remove Hope as he was blocking it.

Now what matters is did Zaza and SN have everything in place before this started.
Evidence against Hope, A means to a loan to clear the outrider loans in full and have they checked all the laws to ensure they can fulfil this.
Zaza et al have alot on this, so are aligned and i would suggest they have been looking at this scenario prior to taking it on.
Question remains thou, if we do get all our plans in place and then the law allows Zaza to play it as he plans.
No guarantee here, but the stakes have been raised, With BP and the other news the value is increased dramatically, however its all or nothing now.

May i suggest that Hope and TW were in cahoots regarding shorting FRR and he was sharing information with of course TW aware that Hope was going to strangle FRR over time. That would make shorting the company very viable. Now that plan has been stopped in its tracks the shorters and LTH are both on the edge, the good news is we know what we could lose.
Losing would be critical for some, but i feel that FRR have all avenues covered and this is a well thought out plan to rid us of a parasite and save the company, i may be wrong but its honestly how i feel - time will tell

https://www.offshorealert.com/frontera-resources-corp-v-stephen-hope-outrider-master-fund-lp-maplesfs-cayman-islands-lawsuit.aspx

The fact hope missed the first deadline,18th December was not reported until 24th November in a RNS that at same time announced an extension until 28th.

So it would not be unusual to hear nothing, if Hope filed a defence or not
Even if he has not his lawyers could ask for further extension due to the complexity and volume of information required.

Lawyer will be playing all types of games, stalling tactics, attempts to change ruling on injunction and submitting new evidence, probably that FRR are getting finance that Hope Vetoed. This is a dirty game but a strategy will be planned.
That strategy will be
Hope believes he has a strong case and advised to fight on to try to win
Hope has weak case or damning evidence against him, advised to negotiate

FRR mean while will be securing finance to pay off Outrider if needed
No one yes with legal background has confirmed this is okay or not

Due to previous news stating they will spud in q4 2018, they had to put one out saying this will not be happening as per regulatory news.

The reason is the the crew have for what ever reason not completed work for previous contract, delays probably, and as most know in this business a bit of an issue with a few parts and weeks can be added to a drill. Technical issues during drilling can also cause substantial delays.

Definitive times to be given when known, lets face it, this is out of SRSP hands and will happen when the rig is ready. I suggest when rig is about to be moved we will get the definitive time update.

Its not fantastic news, but its what we already knew and i know a lot worse news we could have, maybe 2019 will be our year, or 2020

This is for you,
Pless you

I am not worried at all about what has been said on here.

I do not like criminals having access to data, that identifies me.
Due to having over 15 websites i can tell you now that data gets stolen.

Its very easy for criminals, often from other countries to trail for hours getting info from your social media.
They use sites like BB which are often easier to get passwords from. LSE may be better than most.

I know this as fact as i only used one simple password on another BB, and it was used repeatedly to try to use my other information to gain money.
Thats 100% true.
Unlucky for them, and unlike many people i use different more complicated passwords for essential areas than simple areas.
I found that some passwords had been taken from one of my websites too.
Its actually often very easy to get behind some websites to gain passwords.

The problem is when your identity is shared along with anywhere your linked to that maybe vulnerable to insecure passwords.
Alot of your data is sold on line too.
So here is a tip for you on that other site and people here.
Do not link websites with passwords to your social media and block most of your data on social media except for friends.

Take it from someone that came very close to having his accounts emptied.
Sharing peoples identity on these sites must stop, you may have no bad intentions but believe me there are many who do. That info will be shared on the dark web and a picture is made of your life that allows criminals to really play havoc.

Not over reacting at all, i have experience with this. When your info, however little is on that dark web its available for ever and every time more info is available its added.
Another ploy is to call you and they tell you your details, Can you (name inserted) confirm your dob is 10/03/69?
You correct them with the bit they got wrong and bingo recorded.
They will wait months before calling again to get next bit

I have experience in this and how it works.
Lets keep civil and safe even if we have a different opinion and investing strategy. There is a line no one on these boards should cross

Thanks Star,

That sounds good and i know how well Mole is informed.

Is there anyone with a legal background that confirm this thou, as law rather than company expectations.

Hi as a shite on there just said 100% i am Kane

i really give up

What glimmering light i can give is if after all the evidence i gave, their research tells them that, then it highlights why any research or opinions they have should be ignored

The chance of them getting anything right is about as high as a pothole.

For the record
I have no idea how this will pan out and i am not trying to deceive anyone. I am positive and i am fully aware that everyone is locked in. What ever i say will not effect anyone for good or bad in relation to the SP.
What i can do is find positives whilst we wait, that hopefully stops people worrying too much as worry will also not change anything.
Many people are celebrating the holidays and if i can turn a frown to a smile for a few days with what i really believe and if you like, with my rose tinted glasses then i will.
I am a large holder here ( for me) and i do not want to lose my hard earned cash. Some have larger holdings and some have funds for retirement. I hope everyone of you comes out of this smiling.

I do not lie on here, or deceive. I say what i believe and my money is where my mouth is. If any holders lose money as this goes the other way to how we hope, then i am in that same boat with you. We sink together.

For the record i think for a number of reasons, that those with shorts are at higher risk than we are, not only if result goes one way or other, but if result is wrong for me, it could be alot worse if wrong for them, i suspect that is why we are seeing personal attacks.

So Happy new year for tomorrow, as i may not have time to come on here. What 2019 brings i do not know. I fairly confident with FRR and only time will tell us if i was right or wrong.
I do believe Zaza and the team are also in same boat as us. Someone said a few days back that if injunction lifted we could still pay off Outrider in full which is a huge part of my optimism, can anyone confirm that as fact?

I apologise that your name was dragged into this
For some reason they believed i was you

Sorry