The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
"I haven't seen examples of where stygofauna have actually stopped projects, but there are certainly examples in Western Australia where projects have been delayed until the proper background research has been done to understand the potential impacts," he said.
"Projects have been subsequently modified in order to reduce and minimize those impacts."
Gas industry body APPEA said the Northern Territory's code of practice for gas well construction outlined strict controls to protect ground and surface water, including requiring multiple layers of steel and cement to separate wells from aquifers.
TN, I ride this board hard and I also have been here 12 + years and am deeply invested. Those last press releases were fluff for a well that is not performing, putting lipstick on a pig, its still a pig!!! People come and go here but one thing remains constant this stock continues to underperform...........................................................
Critical input in your mind has been 10 years of BS from multiple posters. This stock has under performed forever, you can keep your head up your a@@ if you like, but im calling out years mismanagement. My guess at this point is Origin might want to dump their interest, but we will see. Facts are facts and all the dreaming we do isnt going to change anything, in the meantime im going call them out and hold their feet to the fire....... By the way hows the the buying going today Rockefeller!
TD, you can gladly buy buy buy all you want right now for the discount your looking for without me selling, maybe with your big wallet you can move this stock up.5 cents today. Put your money where your mouth is! Oh yes, its a conspiracy of silence as well, you cant make this sh@t up, beautiful.
TD, buy away, much as you can buy at 12 cents today maybe lower tomorrow. I love the fact that nobody here can handle any critical input, funny. Keep the dream or nightmare alive, I know I am!
whittle whittle away, no surprise here, lower stock price than when POQ took over and we own 77.5% less of the only asset worth anything. The expert negotiator, good one! .12 cents and heading lower. I know its 4 to 5 dollar stock just wait another generation.
If the beetaloo is worth 700 million at this point and we have done roughly on the high side 100 million in drilling expenses over the past 5 years, sure looks like if we raised the capital ourselves we would miles ahead valuation wise $.60 per share. Even if you account for the 300 million in drilling expense for the whole program, at this point we would be valued at .40 per share going alone. I realize this has been a crap shoot from the beginning, just tired of being at the sh@t end of the stick
Here is the site for the expired options, if anyone gives a rip!
https://www.canadianinsider.com/node/7?menu_tickersearch=FO+%7C+Falcon+Oil+%26+Gas
Latest 10 SEDI filings for FO within the last 6 months
View on INK Research
Amended Filing Amended FilingAs of 11:59pm ET February 1st, 2021
Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction Volume or Value Price
No SEDI filings within the past 6 months
LK, I have 1.6 million shares and im with you, bought between .07 and .42 cents. How long can you sit by and watch the market climb while this stock steadily declines. Once the market loses confidence you end up where we are. See what happens this spring and re evaluate then, crossing fingers!
POODS, to anyone owning this stock for any amount of time, it must feel like death by a thousand cuts. I feel if this stock does not have legitimate positive drilling results, THIS YEAR, there will be a mass exodus from long time holders. Knowing they have no solid path forward should frighten all of us, most oil and gas companies have 3 to 5 year drilling and budget plans going forward, nothing close to this here!
LK, Its been almost 5 years since they announced the moratorium. You would think that the 3 years of being idle would be compressed to 2021. We dont know the particulars of the deal signed with Origin, but I suspect we have little or no influence on drilling timelines given whats happened in the past. I think we are very lucky the government is bucking up for drilling with deadlines, or I suspect we would be having this conversation again in 5 years!
Any speculative appreciation on this stock has left the building. Only solid test results will save this now. They have been touting we are almost there for 15 years or more and all the wishing and hoping wont change where we are today. We need POSITIVE results and clarity on a path forward, its not rocket surgery!