The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Reality and history would lead us to believe that anything POQ says can be taken with a grain of salt. He has pulled the rug from under us so many times my @$$ is starting to hurt. He is merely on survival mode right now, hoping his paycheck continues as long as possible. Expect a song and dance at the AGM as that's all he has to offer!
Longknife why would you apologize for what has turned out to b e a complete cluster f@#k. Falcon saying "what PROMISES to be a successful outcome" is laughable. How many times have you heard this from fellow posters, only to have one failure after another. Questioning their delays is completely reasonable, also POQ is delighted AGAIN, that certainly doesn't make me feel warm and fuzzy.
Tamboran Resources raising $70m, Barrenjoey on ticket.
https://www.afr.com/street-talk/tamboran-resources-raising-70m-barrenjoey-on-ticket-20230626-p5djf9
What a dog's breakfast! The desperation is very apparent in the news releases that try to minimize the disastrous flow rates by adding a bunch of fluff. Their stock will be worth $.10 Aus when trading resumes, thus the dangers of blowing smoke up your own @$$ endlessly while forward results are in question. Once again there will be no accountability for the endless lack of performance of this once in a lifetime opportunity! If this was a horse it would be dog food many years ago, for some reason nobody wants to address the elephant in the room, which is this stock will never be successful unfortunately.
I agree with everything you said apart from breaking the fraccing code. They have been at this for well over a decade, one delay after another, time is our enemy and the green movement isn't going away. They have had ample time to "crack" the code, mismanagement is what has always held this stock back!
Like I said a few months back, $.22 cad would a huge hurdle to break through, that was just on the technicals, it hit $.215 cad and has slowly reversed course. Now it looks like things are going a little south once again, so we may revisit $.10 - .12 cad again! The curse of the Beetaloo!!!!!
VM. nobody could actually be surprised on what is going on, at least it's the only thing they are consistent about, STOCK PRICE EROSION. We're not driving the bus, POQ has a no speaking clause, the world is short of Natural gas, POQ works hard for his $650,000/yr etc. blah blah blah. Like I said before this will NOT go above $.22 cad even with great results (whenever that may happen). They put a man on the moon in less time it takes to drill 3 wells with these clowns. Too funny!