black bird
- 14 Jun 2011 11:40
more money needed i expect rights or placing, to send s/p down will maybe buy when this is over my buy price 4.25 the black bird has spoken
gra69
- 08 Mar 2012 07:40
- 51 of 64
Posted by spp119 and indeed on the Frontera website too...........
"""""""""" A well connected boutique investment bank has taken an interest in us as of today"""""""""""""
Visor Capital initiates Research on FRR With a “Buy” Recommendation
http://www.fronteraresources.com/recent-news/visor-capital-initiates-research-on-frontera-resources-with-a-%E2%80%9Cbuy%E2%80%9D-recommendation/
07.03.12 Visor Capital - Frontera Resource - Risky but rewarding.pdf
http://www.visocap.com/research-home.aspx
----------------------------------------------------------------------
I have registered and will see if i get to download it!
Do you get the feeling they know something.................!!!
GRA
gra69
- 10 Mar 2012 08:25
- 52 of 64
Frontera Resources
Risky but rewarding
Potential justifies development risks
Initiation
BUY (initiation)
TP: GBp1.7 (initiation)
7 March 2012
With a large and prospective block, and a planned two-year, 20-fold growth in production it is an exciting time to watch Frontera. Although a high-risk investment, if the Company can successfully develop its projects this year, massive upside could be unlocked. We initiate with a BUY and TP of GBp1.7/sh.
Huge potential. Operating a huge 5,060km2 block in Georgia with favourable PSA terms, mean Frontera has significant potential upside if it can achieve its plan to increase production from 220bpd to 5,000bpd over the next 24-months.
...but mixed track record. The reason for this share’s discount versus this opportunity is a mixed track record of development and high G&A costs, which has seen significant dilution and write-downs for historic investors. We have therefore been cautious in assessing the Company’s development programme. We impose 60% discount on our valuation until test-results de-risk this programme.
Even partial success offers large upside. 2012 will prove a key year for the Company, with key results expected near-term which should help to de-risk the Company. Until these come in, Frontera will remain quite a speculative name; but we believe that significant opportunities justify the risks and current prices offer at an attractive entry level.
Rating and TP. We initiate coverage on Frontera Resources with a BUY rating and a target price of GBp1.7/share. Our valuation is relatively cautious and focuses only on the near-term projects. We would raise our TP to GBp4.6/sh if the Company achieves its near term development goals, on these projects, and if exploration potential were monetised, this could move much further.
Esentai BC, 12th floor, 77/7 Al-Farabi Av., Almaty, 050040, KZ
office: +7 727 356 07 77 ∙ fax: +7 727 356 07 78
web: www.visocap.com
gra69
- 10 Mar 2012 08:25
- 53 of 64
Short term 1.7p is, i assume, based on the gas coming online and perhaps the Shlumberger report????
4.6p if near term goals are achieved eh!!!
GRA
parrisf
- 21 May 2012 08:53
- 54 of 64
Good news today! Anyone else in this one?
required field
- 21 May 2012 08:56
- 55 of 64
I hate to admit it...but I am.....better news.....if they carry on like this the sp will recoup several pennies....
skyhigh
- 21 May 2012 08:56
- 56 of 64
Was in little while ago but sold @1.15p at a loss but...back in today.. let's see where it goes has to be positive!
parrisf
- 21 May 2012 10:28
- 57 of 64
Bought at under 1p. According to the news it should do something.
skyhigh
- 22 May 2012 08:33
- 58 of 64
FYI...
Hope to see a gradual but sustained increased in the SP over the next year (imho)..could be a 5 bagger at least! (dyor)
UK ANALYST:
Oil and gas production group Frontera Resources Corporation (FRR) impressed the markets as it announced that since January monthly oil sales had averaged 760,000 dollars. With the addition of gas sales - commencing in the third quarter of the year - revenue is anticipated to average 1.2 million dollars per month. The Georgia-focused company also noted that work at the Mtsare Khevi Has complex has seen the prospect significantly expanded in potential and area, with recoverable resources as high as 700 billion cubic feet of gas. Frontera shares surged by 0.175p to 0.8625p.
Gerponville18
- 10 Oct 2012 13:39
- 59 of 64
This share is moving on-up.........I have been trying to find out why?
Big buys being made by (Directors), always a good sign, (Putting money where their mouth is). Worth a little dabble at these prices.........IMO.
halifax
- 10 Oct 2012 14:06
- 60 of 64
CFO bought 1m shares @.45p (wow) must be using his directors fee!
black bird
- 14 Nov 2012 11:08
- 61 of 64
to/buy or not to buy the chaiman has.14-11-12 .050 am still not in the black bird
having a problem, evaluating.
skyhigh
- 14 Nov 2012 12:18
- 62 of 64
if in doubt do nowt! go for QPP (imho,dyor) you'll double yer money in 3-6months, imho
parrisf
- 23 Apr 2013 16:18
- 63 of 64
Seems to be going up nicly. Anyone know why?
parrisf
- 20 Jun 2014 18:18
- 64 of 64
Why 50%+ rise? It seems to be just late trading.