snippets11 Sep 2019 16:27
Interesting snippets from the article:-
The amount of gas produced over the period of the existence of Frontera has blocked at least half of the amount of money invested by it, that is, at least $ 700 million?- More than 700. Azerbaijan and Bolivia were profitable projects. In Georgia, we are still in the red: we invested about $ 500 million, and we extracted $ 100-120 million. However, what we found there will cover the investment by orders of magnitude.- What are the financial results of Frontera for 2018?- Somewhere 1.2 million dollars in profit.“Even if you do not take into account the costs of the pipeline, seven wells are $ 140 million. Where will Frontera get so much money?”- We have a large and strong group of private investors who are interested in investing with us. We will raise money and invest in Dolphin.- Why did Frontera leave the London Stock Exchange in 2018?“For one reason.” We were underestimated on the stock exchange, so we decided to leave. When the market evaluates us accordingly, then we will return if we want. If not, we will continue to work as a private company.- The relationship between the signing of the agreement and the growth in the value of shares implies that Frontera is not working to produce gas, but to use the money of its external investors.- Probably the most correct answer - I personally invest my money in these projects. Invested a substantial amount.- How many of your personal funds have been invested over the years?- Lot. More than tens of millions of dollars.