Two days ago we asked you HERE to guess the price of the bailout placing which Frontera Resources (FRR) needs ASAP to avoid going tits up. And, with the stock still 0.22p to sell, you said…
Grossly overvalued AIM listed piece of crap Frontera Resources (FRR) is running on vapours. It has less cash than your average Venezuelan and is burning it at an alarming rate. Despite the best efforts of disgraced PR man Tim Thompson of scumbags Yellow Jersey PR and the whore blogger, Malcom “Fat Bastard” Graham Wood to ramp the stock, it has more than halved since May 1 and is now just 0.22p to sell. So what price is the looming bailout placing going to be at. You guess in our reader poll, the deadline to enter is midnight tonight:
It is time once again for the monthly update on my portfolio of slam-dunk sells for 2018. As the summer draws to a close, has the madness reported last month started to subside yet? Well, yes – the portfolio is off by around another 7% since the last update, but I fancy that as the city gets back to its desk next week, there is plenty more to come.
As we all know, Frontera resources (FRR) is out of cash. It is running on fumes. It is desperate to pump the stock any way it can to get away an emergency placing needed to survive. The only question is how big a discount will the bucket shops demand. It is against this background that it released a dismal operational update yesterday. Only a fool or a paid ramper like the whore Blogger, fat bastard, aka Malcolm Graham Wood would describe it as anything other than the usual shite.
As I write, the whore blogger Malcolm “Fat Bastard” Graham Wood is taking dictation from his master Zaza as to why today’s results from Frontera Resources (FRR) point to a bright future. Yes Zaza, whatever you say sir, I shall write up my “Independent” commentary now. And sir, I notice that my invoices for February onwards have not been paid: perhaps you might put some brown envelopes in the post? Of course calendar 2017 numbers, snuck out on the last day possible, were shite.
The whore blogger, Fat Bastard Malcolm Graham Wood, may try to spin today's disastrous financing news from Frontera Resources (FRR) as a triumph but as I explained earlier it is far from it. Zac "the knife" Phillips of SP Angel, the City's No 1 oil analyst, goes further with a statement that the entire board needs to be sacked. He opines:
I wonder how the whore blogger, Fat Bastard himself, Mr Malcolm Graham Wood will explain this away as good news. After all that is what Frontera (FRR) pay him for. In essence Frontera has no cash, is burning cash and had to repay $2.891 million to death spiral provider Yorkville on 16 June. Problemo!
I am waiting for Fat Bastard, the whore blogger Malcolm Graham Wood to earn his pay cheque by saying what great news Frontera Resources (FRR) has served up today. Of course it has not. This is more meaningless gibberish designed to pump the stock ahead of a bailout placing. But I have to take issue with the City's No 1 oil analyst Zac "the knife" Phillips of SP Angel. He is right to be mega bearish but wrong about the company. He opines:
AIM-listed, Houston headquartered, Cayman Islands registered oil/gas play Frontera (FRR), whose operations are in Georgia (and if that’s not a Red Flag….) has confirmed gas flow rates from its Dino-2 well in the Taribani complex. It flowed at 315 bbls per day – well, at least part of one day. Apparently that’s commercial, but I doubt shareholders can count their winnings just yet.
As we know, Frontera Resources (FRR) is almost out of cash which makes the ramptastic presentation held for mug punters on May 9th even more sordid. Among those attending was the blogger Fat Bastard who reports back in his iii column without, natch, declaring that he is paid to write shite by companies such as Frontera. How does iii's joke compliance department tolerate this I wonder? After picking up his brown envelope, Fat Bastard opines:
This is covered in bearcast but I can't disagree with a word that the great bear raider and professional Northern git Waseem Shakoor says about Frontera (FRR) ina BB post today. For a wider audience, Waseem opines:
Another day and another bullshit announcement from the company whose main business is issuing new shares while claiming to be an oil explorer, Frontera Resources (FRR). the timing is handy for Frontera is hosting a City presentation for mug punter Private Investors tomorrow. It all smells terribly as if more confetti is on the way. Let's start with the bullshit RNS.
Who would have thought it? Frontera Resources (FRR) is forced to reveal that it has a major problem in Georgia after trying to mislead investors that it did not. So what to do? Call in the whore blogger, Fat Bastard Malcolm Graham Wood to claim that nothing is wrong after all. Natch he does not disclose that he is paid to write this shite.
Having exposed all the big stockmarket frauds of the past five years on this website (Quindell, Globo, Cloudtag, MySquar, blinkx, Gulf Keystone, Naibu, Daniel Stewart, Sefton, China Chaintek, Aquatic Foods, Cupid, Avanti and the list goes on and on and on) I never cease to wonder at the stupidity of some folks who invest in such stocks. But Frontera (FRR) shareholders are managing to shock me - truly some of them are the dumbest fucks on this planet.
On Thursday I ran an article suggesting that the state oil company in Georgia was going to an International Arbitration court to take acreage back from Frontera Resources (FRR) - the company's morally bankrupt PR firm Yellow Jersey and disgraced dirty tricks specialising account executive Tim Thompson declined the chance to comment. Next up Frontera lied by twitter...
Last week I suggested that grossly over-ramped AIM Bulletin Board Moron darling Frontera Resources (FRR) might be in a spot of legal bother. I did so only after giving the company's morally bankrupt PR firm Yellow Jersey and its dirty tricks disgraced account manager Tim Thompson a chance to refuse or comment. They have still declined to do so. Instead...
An industry source in Georgia has been in contact to relay news on Frontera Resources (FRR) which is not good at all. I offered the company the chance to refute or deny the allegations via its morally bankrupt PR agency Yellow Jersey but I have had no reply, not even a plea to extend my deadline. You can draw your own conclusions from that. My source writes:
