Member Info for bigones

I wish everyone the best! Hope this thing can get everyone their money back and a profit. News has always been painfully slow with Falcon. Haven't bought back in yet, and don't have the money to get a huge position this time around . Wish Poods the best, he is in deep and maybe his loyality can be rewarded. GLTA

If it goes below a dime I will buy back. That's were I sold in March 2020

How is the price of Nat. gas holding up in Australia? It was $9.62 a few months ago in US and just closed at 2.04.

So they have enough money for 1 new well.

Should hear any day! Drilling will be done by end of year per Origin and new post said drilling starting soon! Plus there is no rainey season anymore! Man it's great to know everything POQ told us for years about no drilling in winter was wrong, hope his other statements are true?

Thanks.

What is the cost per well? Years ago it was running at 20 million

It is funny, how for years and years you see the same people explain how each advent is great. They have never been right but they keep on keeping on. POQ keeps getting rich, no insider ever buys and the price just keeps going lower! Those are the facts! Everything else is baseless opinions. If you want creditability something in your past statements should show that you had a valid argument at least once. What a waste of money for any investor, so many years of lost opportunities.

Work over again this year, too wet, next year maybe . As I have said for years you can always buy cheaper never fails! Make more excuses , reasons , hype but this still hasn't proved up they can even roast marshmallows. Keep buying, average down, cut costs, you can do it ! I would invest as much as any insider has, but they don't ,WHY ?

Rainey season! Next year , maybe?

His remarks referring to past share prices that were higher, leave out the fact that in the past they owned much more of the project and had plans to buy out overriding royalities. I sold my last 10000 shares about 16 + months ago at a little over 10 pennies and just like I been saying for years you can always buy it cheaper remains true. I keep seeing companies find a field and prove it up in months like Apache and here is Falcon year after PHUCKEN year of nothing. POQ is a lucky man, rich rewards for years of ? .

Greens getting more power, climate change now a big issue. Fracking ? Idiots wasted so many years. Wish Hess wasn't kicked to the curb by POQ. Origin terrible partner .

Sold the last 1000 shares of Origin, now just have the meezly 10,000 Falcon which is not worth selling. Origin just can't make money or find gas but did get a few dividend checks. GLTA another wasted year and here comes the wet season.

Santos needs to show commercial flows and to get the well costs down substantially . I have read that these well wells are extremely expensive as Origin has proved and the gas flows so far don't recoup the high costs of the wells. Yes the gas is there, like so many other places , example Hungary but it will stay there until better , cheaper methods are developed.

That's why it hit a 52 week low ! I

The Beetaloo will be sold in 4 years. We currently have approx. 10 million left. Expenses last year were 2.1 million mostly compensation ! So in 4 years from now POQ's gravy train runs out of money. We all know this year is a bust . They have again wasted 2 plus months of perfect weather and are planning on doing very little to begin with. The price of the buyout will be 2 times the lowest stock options granted at the time of the buyout offer. Thus management gets a very good price and you , well not so much. JMHO

If Falcon would go for $2 per share this would be a 10 billion dollar field. Plus it still has an overriding royality that neither Falcon or Origin seems to want to buy out for virtually nothing. Two percent on a 10 billion dollar field and nobodies buying?

Spent $1,871,000 on wages and administrative expenses ! Had 13.1 million last Dec now 11 million. Just the facts

Hess now turns out to be a huge mistake ! Hess wanted a partner and so did Origin . We owned more and probably would of drilled sooner. POQ has failed at every point and should be fired because as they say the buck stops here. Nice post thought Phillip Beetaloo.

Does Falcon still own 100 % of EP 99 ? If I remember they kept this apart from the Hess deal.