Forum Archive Index - February 2000

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Frontier Petroleum (FRO)

From:	"Paul Frost" <frostpt@ihug.co.nz>
Date:	Wed, 23 Feb 2000 20:08:52 +1300

My understanding is that this company has no  active exploration interests.
Its major interest is a royalty concession, which produces income for FRO of
about A$2000,000
per annum.
Its only other oil interests are a minority interest in a producing oil well
in the USA of little significance, and a shareholding in a oil exploration
company.

All these interests are passive and could be disposed of relatively easily
if necessary.

I wouldn't write off FRO, being used as a back door listing just yet.

Disclosure: I own FRO & FROOA


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.

Messages by Date [	Next by Date:	[sharechat] software David Pearce
	Previous by Date:	Re: [sharechat] Re: Chromel- IPO cost? Osbert Osbert Sun ]
Messages by Thread [	Next by Thread:	[sharechat] Re: Wipro Derek Watt
	Previous by Thread:	Re: [sharechat] software Phyllis Taylor ]
Post to the Forum [	New message	Reply to this message ]