Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Novavax, NVAX. Look for some serious news and moves soon.
There was one major buy of 1,033,635 that pushed the price up .01. Obviously, someone heard something. And, just as obvious, not many or anyone else heard the same thing.
Oh well, not much to the jump.
TSX 800K, 18%. Higher percentage up move, less vol. than US.
About one of the biggest moves on vol I've seen in years,
new, there has to be someone down there under contract to a large holder providing drone coverage on efforts in the area.
Couldn't help myself.
Oleo,
Honestly, I wouldn't worry too much about your grammar, as I don't see management being terribly receptive to free consultations. I appreciate your posts and efforts, though. Here's the Falcon Story :
https://www.youtube.com/watch?v=-odMfQHp1Ig&ab_channel=8thManDVD.com%E2%84%A2CartoonChannel
I had no idea who Joe Nally is, so after reading a bit about him,
https://www.cityam.com/exclusive-square-mile-veteran-joe-nally-looks-back-on-45-years-in-the-city/
I have to wonder why POQ didn't seek out someone with a career in shale oil from the US, instead of a money guy. It does look like Joe would be a great guy to hit the pub with, though.
hydro, I would agree 100% that Origin is a squeaky clean by the book public Company. I am/was confused as to why they didn't apply for some of the Government's free exploration money for the Beet, but, ended up wondering if that money has a bit of Political hangover that Origin wasn't eager to get caught up in. It seems there are accusations surrounding Empire political donations and their award of $21 million "free" money. As the Story develops, get your program and popcorn here: https://www.abc.net.au/news/2021-09-13/beetaloo-basin-nt-fracking-plans-imperial-energy/100455780
805, gosh I don't feel high.....what a bummer, dude.
Dump, I think there is zero reason for the announcement except to set the stage for an announcement of a flow test. There are many strategies governing the release of news. This isn't news in itself and doesn't require announcement. FOG announces coffee break is over, yawn.
I see the board here is active, with newbie's excited and telling us their up to the minute ownership, while battle fatigued LTHers barely raise an eyebrow. Figured (not wanting to be left out) that I would opine today's mini update should be taken as an announcement that they cleared the obstruction and are currently production testing. My point is that the obstruction has been dealt with and they are letting us know that production testing is currently underway.
New,
I think your well written note pretty much sums up what most of us are thinking. Yes, no surprise on the current fall from the heady heights a couple of days ago.
BC, That was actually funny.
1Day, remember: What Is a Beneficial Owner?
any individual or group of individuals who, either directly or indirectly, has the power to vote or influence the transaction decisions regarding a specific security,
Phoebus,
I wouldn't think they are as interested in PUDs as they are in capital expenditure at this point. And, it would be sweet if they did something as fast as either Tamboran or Empire. They already own the most expensive on shore well in Australia, which must occasion hilarity at the local petroleum club bar.
Ten years later and FOG still has the most prospective land in the Karoo Basin. Sasol was wanting to be a player in the Karoo a decade ago. Perhaps, they would be thinking about coming back to the Beet taking FOG's interest in return for a JV in the Karoo. Makes sense on several different levels.
Good Background catch-up: https://www.miningweekly.com/article/large-shale-gas-find-in-karoo-would-be-game-changer-sasol-2010-07-19/rep_id:3650
I was sending this to a friend, and thought, what the heck, might as well share it here for people to comment on. So, here you go.
The upside in very much unknown. It never has been Falcon's end game to exist as a minority partner with Origin. The question is will Origin create an exploration company and offer to role Falcon into it, or will Falcon be acquired by another Beetaloo player. It makes the most sense for Origin to combine in a spin-off company for exploration and for that company to farm-out the prospect to other companies (Santos, Inpex, to name a couple of deep pockets active in the Basin). Over the next year based on adjacent wells by Tamboran, Empire and others there will be more data on flow rates and drilling economics. That would be a sweet spot for a deal to be made, as there will be indications for the economics of exploitation and production whilst still having massive zones not tested. This would be an ideal time for Origin to do what they are going to, as there will be a lot of debate and counter offers based on guesstimations. O'Quigley has proven to be a tough negotiator with Hess and I think we can count on him to get the most advantageous arrangement for us. You do realize we are talking about an estimated resource in place of 400 to 500TRILLION cubic feet of gas? Certainly one of biggest plays in the World if it works out as hoped.