RE: Falcon Oil and Gas A Stock Holder’s Request for the Future15 Dec 2020 05:45
I definitely think you are on to something here VillaMaria. The 7.5% farm down did not make a whole lot of sense and Falcon did not need the money as they were fully carried at that point. I think it is part of a pre packaged deal with Origin for a third party to enter the picture. I would assume a major player like Inpex etc. and quite possibly Falcon retains a sizable ownership stake to allow for major shareholder value to be realized. How far away is a deal...not that far in my opinion and the next few months should tell the tale. Regardless I like your intuition!