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Mr Newtofo I was not too surprised so very little was said about the Beetaloo in the annual accounts - a few positive words on the Kyalla and the local people who visited the site. What more of a surprise to me , despite the spectacular numbers announced in the last 7 days by TBN and EEG, was that none of the analysts attending Management's presentation and Q & A session(who asked multi questions) made any reference to the Basin and focused instead on coal and the company's investment in Octopus.

I'm confident we are going to spud our well in September. I'm not too concerned either if this company wishes to farm down part of its Beetaloo stake in the next 6 months or so.

Meanwhile I still say FOG shares are ridiculously cheap and I expect our team will team will take to the road next month once investors are back at their desks (or behind their screens) after the holidays. If nothing else Mr Putin is going to put anything LNG in the news.

Good afternoon Mr Schlemiel,, I gather the note I saw this morning from the Cenkos analyst was one circulated to clients only rather than one posted on their website. Apologies for misleading you.. Notwithstanding the confidentiality and therefore and all the rules against posting it onto this board, I am happy to confirm that its contents were very bullish.on the outlook for FOG's shares.

Cenkos this morning have put out an update on he Beetaloo. Very worthwhile reading.

Mr Otd2000, turnover in Tamboran's stock this morning is AUD 970,000 -that's circa GBP 570,000. It's also 0.5% of its shares in issue. If that were replicated on AIM in London today we would be talking about 6+ million shares changing hands.....The movement in the SP is is pennies I agree but it's +3.5 cents on AUD 0.215 and up therefore 16.3% on the day to AUD 0.25

FOG's market cap was less than GBP 84 million at the close last Friday. That's now ridiculous in the context of the news in the last 7 days from EEG and TBN.

Clearly more good news from Down Under overnight - the latest from the Santos/TBN Tanumbirini 2H and 3H wells in EP161. What should hopefully follow this week are updates to the FOG presentation and further wise words from the Cenkos analyst. Notwithstanding that it bodes well for TBN's Maverick well and Origin/FOG's 2 horizontal wells in the 4Q.

My views on a lot of corporate activity in the next 6-9 months involving the Beetaloo remain the same as before.

Very good management presentation today and I for one very much appreciated POQ giving us full and detailed answers to the very long list of questions that were posed. The event did not disappoint.

Like a few others I've picked up a few more shares in the last month. I see no reason why Falcon shares can't recover by the !Q next year (as POQ commented on during the call) to levels around GBP 25-27 pence where it traded at the end of May 2017 in London, and just under CAD 40 cents over on the TSX. The company has so much more going for it that it had 5 years ago and the price of NLG was only a fraction what it is today. I also leave you with the thought how much more transformation one can hope for if the results from our 2022 programme exceed Management's minimum expectations.

For someone who claims he has sold his shares in Falcon one wonders why the interest in speculating whether the jv will or will not drill this year , whether the Falcon directors can or cannot make decisions on arranging another call etc etc. I can read you like a book. Have a life…Move on

The board discovered the Canadian streaming company was having problems before the call because one of them checked them out an hour before. But they eventually went ahead when the Canadian streaming company said they had fixed it. After the call they found out that some of the Europeans had problems after they got through and they promised immediately if it was not a few instances they would arrange the call to make amends next week.

I think Mr Sneaky you might wish to put your question direct to POQ at the end of this week. In the meantime I recommend you ignore the mischievous comments of others and look to POQ to confirm to you in person that he's telling you the company is looking for (only) 2-3mmcf/day because it reflects the fact that the hurdle rate for commercial development is much less than before in other markets, as circumstances have changed and the price for NLG is much higher in the Far East and south Asia markets. In essence POQ's 2-3 figure is very good news. He's not telling you either that the number might be much higher.

The Sheffield family understands the message. Our new Directors are on board on this as well. That's why you and others (like me) should hang on to your shares.

A pity Origin got somehow into their head they might do a farm down before they completed their 2022 programme. The company has been very good in some respects for Falcon, but on reflection it's better for all that if in future they have a lesser stake and pass on leadership next year on the Beetaloo.

I anticipate that Falcon's position will dramatically evolve over the next 12 months.

Well said Mr Origin789 and Mr JFHealey . I agree too with Mr Stebol .

Mr dprussky's observation is much appreciated and Mr Newtofo's comment is of course very helpful.

Funny how those with the negative vibes have gone to ground in recent days. Personally I have no time for those who make negative comments on the BoD and make misogynistic remarks; and even less when they own up that they sold their shares long ago. Be on your guard too against those with more than one nominee name!

Actually I'm quite certain one party has picked up over one million shares on AIM in London in the last month but don't get too excited one million is a bloc representing only 0.1% (and the 1.5 millionshres traded in Toronto on Friday similarly only rule the dial by 0.15%).

What the buyers are telling you is that FOG shares of course are worth today a minimum of CAD 0.15 or GBP 0.10. But what we're all hoping is that drilling by all all three plays in the Beetaloo in the second half of this year will give us the prospect that FOG shares are worth a lot more.

One other thing that I have also said a number of times previously. The areas we're now focussing on this year are going to be minimally effected by the weather.

'...or someone's not reading all the negative comments here' Very good Mr Newtofo.

Mr JfHealey accurately pointed out that the Company stated 'that it will update the market in the coming months' not days or weeks.

And too true Mr Scinceday1 .... 'one shouldn't sweat because the shares slide a few cents on small volumes'.

I don't feel kindly towards the handful of posters who pop up on or before each AGM in recent years sounding off about individual directors personally under one or more nominee names. Sometimes they hope you forget they have previously posted they sold all their shares. Others claim they have a couple of million shares but unwittingly show themselves up when not having any semblance of knowledge on what one can and what one cannot do as a shareholder of a company quoted on AIM in London or display acumen on reading a set of accounts. Most of them if not nearly all of them don't have good motives and when they get ridiculously personal and even misogynistic we should all draw the line.

There's been no reason to change one's medium term views on FOG in the last couple of months unless one was so foolish to miss some of the recessionary fears that are coming over the horizon. But less Russian gas for sale in the foreseeable future and no OPEC equivalent for LNG drowns out any hope of more equilibrium between demand and supply.

I feel very sorry for some of this board that have been unsettled these past 8 weeks by some of the nonsense posted recently on this board. On the other hand we have had a party accumulating shares in London in the last month and now another one on Friday on TSX.

I am personally looking forward to the Company's short update next week at the AGM and their views on the state of the LNG market down under

I'm expecting more news at the AGM on the jv's drilling programme in the Beetaloo in 2H 2022. For us, Origin sets the tone and Origin as an organisation (thankfully) is not in the same category as Empire or Tamboran. Like it or not therefore don't expect FOG to issue press releases bragging it's going to solve all Australia's energy problems by 2025 latest until it has further drilling successes down the line.

Personally I wouldn't invest in Tamboran at this time. They have not sorted out yet their royalty issues. They've fallen out with Santos and right now they are rolling their dice on their aptly named Maverick well. Notwithstanding that, I still follow the stock closely because any drilling success they might have with their 'super' team of world experts will be almost immediately reflected in the FOG share price. The same is also the case with Empire.

The Market understands fully the similarity of the properties in all four areas where Origin/FOG, Empire, Tamboran and Tamboran/Santos are drilling. Dry and wet gas is clearly prevalent. That's been proven. What the prospectors must now show is that this area can be commercially developed ....and any one of them has a chance now of proving this in the next 12-18 months or even sooner for the benefit of all of them......and when this happens there is no doubt whatsoever that FOG/Origin with 4.6 million acres will be big winners in the group

odie5263 another one now on my filter list although I suspect the person hiding behind the 'name' is already on my list.

Mr Newtofo, I thought we still have Beamreach with us on this board?

Thank you Mr Newtofo for your advice on the filters. Greenlanteren64 will be on my filter list this morning....

Can you remind us all Mr Newtofo what steps one can take to delete nonsense postings from postings one can read on this board…

IF we get good results from one of the horizontal wells this year (and IMHO the tea leaves are looking good) biggest percentage rise in the share will be at the end of this year/1H next year…That ought surely be obvious to most of you who are sensible on this board on the grounds that as probability of commercial development in the Basin increases market players and analysts will raise their discount rate from 10-30/40-50% and the shares will quickly rise to reflect this . You’ll also see a big pickup in volumes from a few hundred thousand to millions and wider coverage from brokers.

What’s nice our position in the last 12 months has improved considerably and we’re no longer dependent on a very narrow programme.

What’s more I think you are going to see this reflected in next month’s AGM

At these levels the big winner if it becomes clear during the 4Q 2022/!Q 2023 that the Beetaloo is going to be commercially developed will be Origin and Falcon. I mention Origin because such a development help them do their farm down.... and Falcon shares will outperform Origin, Empire and Tamboran since they still retain a 22.5% direct interest in more 4.4 million acres in the Basin with exciting wet and dry gas in the Velkeri that hopefully is ubiquitous across the property, If management do decide then to go another round next year not only will they have the opportunity to follow up more on the Amungee Member, but return for another look at the Kyalla, they'll also have the option to hold out for a premium price to monetize their asset.

This stock is speculative of course but the upside is terrific.

But Mr Poods that should not be the only reason why one should be positive on the Beetaloo.

FOG Management has significantly strengthened its team in the last year. Joe Nally as Chairman was a smart move and the company scored again with its decision to further strengthen the board and give it access to all the latest science and technology through the appointment of Tom Layman.

Moreover what happened last week when a fire at a terminal for processing and shipping LNG owned by a company called Freeport LNG Inc. that will cut US exports by 2 billion cubic feet per day (equivalent to >15%) for the rest of the year highlights the fragility of LNG supply globally and the potential value of any commercial find in the Beetaloo. Witness the price jump in European and Asian markets last week and conversely softness in the US market as LNG exports will now be curtailed.

One other point.....One should not under-estimate the benefit to companies like FOG who are operating Down Under with the support of the Federal Government in Canberra rather than having to cope with Congress in the US and/or the corruption in South Africa and/or the lack of the rule of law in Russia.

i do hope you will use wisely your votes at the next AGM. May I encourage you in the meantime to make yourself familiar with the disclosure rules under Rule 17 of the AIM Rules for Companies and the Disclosure Guidance and Transparency Rules in the UK. These are the rules that the Company must comply with.