Member Info for Timster

No shit lol

Are they still dwelling on the past and not that trusting of FRR I wonder. Testing so far has been going on for: T-45 - 149 days Dino - 120 days T-39 - 62 days How long do the majors need 150 days is a long test!

Did have a wobble last week. Hope he didn't sell up !! :(

there is huge potential but your a bit inaccurate with your detail there:

1 - the RNS states - "Whilst these discussions are at an early stage, they have taken a significant step forward with both interested parties having attended extended site surveys and management meetings" NOT advanced discussions

2 - there is no drilling at the moment only testing of three oil wells, T-45, Dino (both required Frac) and T-39 (zone 19 no frac required)

3 - existing gas income is peanuts it's the money coming from the oil well testing thats paying the YA debt 250k+ a month

otherwise completely agree 1p and up

Whireland fair value .82 That was without zone 19 free flowing sweet crude with no stimulation. Without the associated gas from zone 19 Without 2 majors potentially coming on board. #MASSIVE

What with Americans and daily mail readers piling in this could easily do .8 today

Get carried away great RNS today and finally the SP responded positively. But they are not talking about a buyout here they are talking about a jv or farm out with two majors which is FANTASTIC But the RNS states it's early discussions too. IMO field development will be done by the majors but it's speculation the jv could cover 1 well or could be 100 wells who knows. But talk of 10 to 30p a share is nuts. 1 to 3p reasonable I think

Can't stop you now YJ :) Thanks

Nice round 100% finish! Only 25% more to get even now ;)

Or working together!! If you reread it that's how it reads to me after a few mentioned it earlier. I think it's two together only my opinion though..

#MASSIVE #VALUECREATION #MAJORSATTHEDOOR where's Codey? Hope he didn't sell after his wobble last week...

FRRALLY!!! Into close. Feeling very positive again now great RNS today. Well done FRR team!

Nice, welcome back to the board :)

Why would they need a placing? The oil testing is providing enough income to pay of YA each month at a minimum. The next well is funded The next 100 development wells might be in the hands of a major. What's your logic for a placing?

It reads to as if the majors are working together "The Company is pleased to announce that it has entered into Non-Disclosure and Data Exchange Agreements with two industry majors" I think it'd be a lot trickier for FRR to disclose this info if they were seperately bidding as I don't think the majors would agree to make that public

Would be fantastic to get back to .5 Over the coming weeks would hope we get back to .8s

A deal is not gauranteed that's very true so let's not get too carried away! I'll take 30p tho :)

Why would they need a placing. Love to hear your logic ? Everything is funded, oil creating revenue, next well funded. Field development soon to be funded by a major (or two)

Zaza last interview on lse was titled "FRR enters field development phase" Now we know that the intention is for a major to enable the field development IMO Great stuff

Nope I topped up Friday :)