Frontera's Open HouseOccurs tomorrow I believe, based on their website.
I honest to God hope these senior managers at Frontera take this open house very seriously and have some real news to share/meaningful answers to questions/concerns that are brought up. Perhaps more importantly, hopefully De Alba is not "too busy" and actually makes an appearance. His hands are all over everything and is the representative from CC (Frontera's largest shareholder).
End of day, I would imagine the majority of folks (analysts, major retail shareholders, retail on this board haha, etc) want clarity/more serious discussion on Guyana and their forward plans. When a massive chunk of their yearly capital expeditures, relative to EBITBA cashflow, are tied into Guyana exploration wells, answers need to be delivered. Providing lazy answers like "searching for strategic alternatives" or "strategic financing" will not suffice anymore. Going to spend >$100MM USD in offshore wells each year, there better be answers for forward plans.... especially since EVERYONE knows that Frontera does not have the cash flow to ever develop a single drop of hydrocarbons in an offshore setting and need a JV big time.
People with money, especially in the O&G world, have been around the game for a long time... as they say, you cannot bullsh*t a bullshitter.... Frontera wants to be taken seriously, tomorrow is the opportunity. Hopefully they do not screw it up.