The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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in Folsom Prison - - - but I do hear that train a-comin'
https://youtu.be/bDktBZzQIiU
High liquid content would be swell, but if not, if they can see the flare in Darwin, that will be just as good.
Namu: The Santos EMP was submitted about two weeks prior to Origin’s so it would make sense Santos receives their permit first. Do you really think that the NT is going to approve Santos but then turn down Origin - don’t hold your breath. Yes - IMO Origin’s EMP is finalized and I don’t understand the comment on dropping the ball on its landowners - that was a money grab attempt by the pastoralist to gain access fees - not part of the 31 regulations by the NT. Falcon’s stock price can not be used to predict anything - pretty obvious over the years.
At some point in the very near future your going to have to accept you are wrong. Once the permit is issued the rig will be ordered. How long does that take? - Hopefully a couple of weeks to begin operations. The important thing is that drilling will begin this year and it looks to be in time for both wells to be drilled, fracked and tested - all is good.
Does Namu stay or does he go? In reality it’s been fun banter - I’m OK either way! I just want this project to move forward in a way that benefits all.
it's gonna get exciting and indeed nerve-wracking from here on in...a combo of exploration (high risk) and appraisal (lower risk)...
can u imagine if we do hit liquids? it would transform the value of our acreage, but then if we don't..such is the nature of exploration and appraisal
naminanu short of sounds like na na na hey hey hey goodbye
You are right Darn it will go higher step by step little by little and no i have no better
place to invest
ilvelo, That is true, but the share price will be higher the closer we get to testing. If you have better places to invest, then that is something to consider.
Why should the sp rise now ? Even if the EMP is approved and the test starts the results will be known in 3 months ....so plenty of time to invest.
Nam,
It looks to me that the "factors" that give Naminanu pause are the corner you have painted yourself into. Origin will spud shortly, that is obvious.
WW: clearly Origin's EMP is good news for us. But it doesn't imply that Falcon *will* drill in 2019. Here are the factors that give Naminanu pause: a) Santos's EMP was approved only after Santos revise their plan in response to the public submissions. Do you believe Origin's EMP was as buttoned up as Santos'? After all, Origin dropped the ball with the landowners. b) why isn't Falcon's stock higher today, given the "good news"? Mr. Market is generally a better gauge of "materiality of news" than Mr. Chat Board.
Political activism of all kinds represent a threat to representative democracy. is LTG regulated? Is LTG exposed to legal challenges? Is LTG exposed to criminal sanctions? Why??? Why are they allowed to say what the fook they want while everyone else is held to a higher standard of behaviour? It is same in the UK. Political activists acting like thugs and imposing their views by influencing laws. This isn't lobbying in the normal sense, it is aggressive, sinister para-political activity
Read some of the 'Public submissions' on the Santos EMP. What a pile of horse-dung. Some of these people live in a parallel universe. They certainly don't live in the real world. There's nothing innately wrong about demanding responsible corporate behaviour. No one wants to see pollution and destruction of wildlife, habitat etc but some people are utterly indoctrinated and refuse to accept flexibility.
You cannot indulge them nor argue with them. They are beyond help. You simply tell them to F-off
Whoops - OMG - Looks like the great Namu is being proven wrong! Bye Bye oh Great One - its been fun :~) We won’t even see you around in 2020. Now that’s a happy thought.
PS - Thanks for the one sided bet - I assume you are a man of your word.
Don’t worry Soly. It’s NOT eternal pergatory. Just pergatory until April 2020, at which point drilling commences. I promise!! Has Naminanu ever been wrong? Nope.
......yeah,...got that right..surely feels like we are be bent over and screwed
You just need to be patient
You cannot know when the price will explode
It just happened unexpectedly with JOG - again
It's more akin to purgatory. A temporary state of punishment before the soul enters into into grace and a heavenly state. In our case it's eternal purgatory without any possibility of entry into heaven. Never fookin' ending misery. Dante would've approved