Post by
Frank007 on May 16, 2024 6:59pm
$224 million….
That's squat compared to what this tiny company has invested here over 20 years ...I believe they are over 700 milion now ...Frontera did salvage this from bankruptcy ...I wonder how much of that 700 would be a tax pool for an end p investor ....? ....Frontera I think would just like to cash out with a double or triple.....
Comment by
Frank007 on May 16, 2024 8:42pm
If that all they get it would work out to just over one $ per derisked barrel in place ..that's about one fifth of what it should and will go for ...Total stole the offshore Namibia from Sintana for $2.09 .....that's the lowest farm in in history ...must be a reason ...but this location is going to go for I would say $4 for a farm out and $5 to $6 for a farm in ........
Comment by
Harel1976 on May 17, 2024 11:11am
You wrote here you made a steal at 0.5 taking advantage of manipulators to take cheap shares, then again at 0.45 then again at 0.4, then again at 0.35, you now have a chance to realy fack the system and take more shares sub 0.3...