Member Info for Sycric

It appears that some who reached out to Deloittes I guess got an email about it. So seems pretty legit.

Is this date AI output? I cannot find anything to back it up and strangely "Frontera Energy Corporation Declares Quarterly Dividend, Payable on or Around January 19, 2026"

Is AI picking up random dates or is that just conveniently the same date with a similar name?

I can't see that Deloittes have control, if you look at the liquidation accounts document and the entities.. the FRC holdings company is not present, even though it was established prior. In theory the holding company is the highest point and doesn't have a place in the document and additionally wouldn't be under control of the liquidators.

the frc holdings business was actually set up prior to the liquidation announcement. one would assume as per the name that this was set up as a holding company for frontera corporation in texas. rather than the holding company relating around the georgian business.

there is such thing as a share to ************** where the same holdings can be applied to the business, which in theory is a purpose of a holding company.

then 10 months later this company renamed to txn, if intending to be no connection it wouldn't have started it's life as frc. based on timings i would expected something happened, holding company's tend to sit above corporations. this would then remove it from the liquidation of the merged texas and cayman islands business that is frc.

this is my theory based on research, not to be mistaken for fact

Https://svse.gr/images/2024_42570_%CE%93%CE%95%CE%A9%CE%A1%CE%93%CE%99%CE%91_%CE%94%CE%B9%CE%B5%CE%B8%CE%BD%CE%AE%CF%82_%CE%B4%CE%B9%CE%B1%CE%B3%CF%89%CE%BD%CE%B9%CF%83%CE%BC%CF%8C%CF%82_%CE%B3%CE%B9%CE%B1_%CE%AC%CE%B4%CE%B5%CE%B9%CE%B5%CF%82_%CF%87%CF%81%CE%AE%CF%83%CE%B7%CF%82_%CF%80%CE%B5%CF%84%CF%81%CE%B5%CE%BB%CE%B1%CE%AF%CE%BF%CF%85_%CE%BA%CE%B1%CE%B9_%CF%86%CF%85%CF%83%CE%B9%CE%BA%CE%BF%CF%8D_%CE%B1%CE%B5%CF%81%CE%AF%CE%BF%CF%85_%CE%91%CE%BD%CE%B1%CE%BA%CE%BF%CE%AF%CE%BD%CF%89%CF%83%CE%B7.pdf

Assuming if it's western it would be VIIB

Thanks for the response

For quite sometime now I have seen any return on this as a lottery win. With greater odds.

If there any any success of this business I cannot see how our ownership is any different to that of Steve's.

Technically Steve's elected and just cause he was in position doesn't inherit a business owned 10% for example by him.

I think for most that the silence is unsettling, if we were this far in with a little more reassurance. Most probably could handle the lengthy wait.

Looed I believe it's yourself who speaks to the business occasionally or have done in the past.

(Though I could be mistaken)

Was there mention further down the road they would be reaching out to those who held holdings?

Such a comment may perk us the spirits of those who are gathering dust.

A company that goes from public to private is de-listed from the public exchange on which its shares traded. It still may issue stock but its shares will no longer be available to the public.

In theory the shareholders still have a majority stake in a non-tradable stock asset. This is alongside any other lending they had attached eg loan notes etc...

But ultimately regardless leaving the exchange is the company continues to function it is that ownership of the shareholders and not just claimed by the acting CEO.

Brokers etc won't care about private stock as they cannot make money on it. I would hope that at the point of delisting the company (FRR) downloaded a list of AIM FRR shareholders, I know this principle exists as I used to work at an AIM business. My CEO used to rant about a particular shareholder who used to go against all the resolutions.

In summary if something positive happens your name should be on the list.

There was 5p on the table previously, I'm hoping very north of that. Not being greedy but a $50mcap business with $billions in reserves should be giving the wealth back to the individuals that got them there.

Real question has anyone ever seen the remaining block 12 back out for tenders? I don't believe I've seen it, surely it would of happened already. Seems like alot of games being played.

My assumption would be profits, historical production has now increased alot in value. I think this was oversold to start with.

Work out the maths, no fracking is currently happening. IGas had. £35m revenue last year, this is when gas dropped and it wasn't over $100 a barrel.
I think you can expect £60m revenue and profit when 2022 numbers come out. 5-10p dividend seems easily possible with historical highest on gas and oil.
Laters people.

I bought more too

News is suggestion rishi has banned fracking based on the manifesto, but I'm unsure how accurate that actually is.

My point exactly, they are referring to his comment on the 2019 manifesto in the press but it says fracking if done safely...
What is deemed safe?
I cannot see if ending like that after a majority vote, after he voted for Fracking. My thoughts are it will continue with heightened regulations and deemed safe.

The Party’s manifesto pledged to “not support fracking unless the science shows categorically that it can be done safely”.

I think there is still scope in fracking, they were never going to do it unless it was deemed safe anyway.

Not sure how much I believe the articles coming out. The 2019 Conservative Party manifesto said: "We will not support fracking unless the science shows categorically that it can be done safely."

Hasn't that been the whole point that it is safe ??
Also them voting all the other say with rishi voting against it being banned.

You are aware majority of conservatives voted against banning fracking the other day. Including rishi and the Home Secretary. It would undermine their party to do it.
In prime ministers questions today he avoided the subject partly and said about renewables and the environment, nothing about a the ban and also there is no solid proof it will cause environmental damage in the UK.

Just saying.

I believe zaza appeal has been declined, that's all I know.
https://law.justia.com/cases/texas/first-court-of-appeals/2022/01-21-00321-cv.html

Founded in 2018, he's pretty much a consultant.