UK 12:44 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
AIM-listed Frontera Resources Corporation (FRR) issued a long and detailed RNS regarding its operations in Georgia this morning. It seems to offer a rose-tinted view of the world: could it be that this is a good moment to be buying the shares, then? There is much to like, as the company trumpets a significant upgrade to gas resources associated with its ongoing exploration and production efforts in the country of Georgia. Or is it just a pre-placing ramp?
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Comments
Striebs
I hold Frontera even though it is one of the most opaque companies listed on AIM .
Without wishing to sound paranoid , this company and one other which has been active in European shale seem to be at least in part connected to U.S. foreign policy .
In this RNS and the recent interims they mention a huge resource upgrade and also shale gas .
It’s not clear how much of this gas exists , is in good quality reservoirs , is in tight reservoirs , is in shales .
Without more info it is just a meaningless headline grabbing figure so you may be right about it being a pre-placing pump .