SP Angel comment on Frontier Resources LSE:FRI) operational update in Oman: “Today’s update is a positive, and news that the Company may be in a position to drill without the need for 3D seismic is a significant step forwards. Today’s news is a significant step forwards and the farming out of the asset will be the next catalyst for the revaluations. We are taking this opportunity to reiterate our BUY Recommendation.”
Frontier Resources “strategy looks encouraging” says house broker
24th July 2015
Beaufort Securities view on Frontier Resources: Frontier’s successful conversion of shares follows its issue of 42 million ordinary shares on 21st July to enhance the capital structure of the company. The issue of shares to the