Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@ITguy I was just checking on it and here you are with the link already. This one looks very different, way more red and visible with urban filter, all the other flares hardly registered under that filter. https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=-16.70015&lng=135.10026&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-01-23T00%3A00%3A00.000Z&toTime=2023-01-23T23%3A59%3A59.999Z&layerId=4-FALSE-COLOR-URBAN&demSource3D=%22MAPZEN%22
@Longnife. When Origin look at the deal with Tambo. They wanted to make sure they selling to some one who can deliver. That is why they already created contracts for 10 years to deliver gas to Origin. Falcon can not deliver on anything with out partner there for they are not able to match any term of the contract.
Origin completed do diligence to make sure Tamborian can deliver on what they promise. To have money offer is not enough to complete this deal you need to have capability to actually be an operator.
For me realization of this fact came not too long ago.... For the longest time I though the deal was done with Origin and all we do waiting on the numbers, but ones Origin put out the news saying that they have not made any decision on Beetaloo. I almost drop from my chair and realized that was absolutely nothing done since 2014.
Mr BS I guess is not guiding anyone to the brighter tomorrow now.... He is enemy of all Falcon stock holders. Yes things change. Just in response to this little dig.
"Rather funny peculiar all the negative vibes come from those who no longer hold any FOG shares.,,"
Ok, I am clueless, but I thought about it. This is what I may happen best case.
Two wells are not going to happen; Falcon cannot mobilize anything themselves (Need to get another parnter)
Another dilution of shares just to beat Tamborian deal, and I am not talking about exploration, and this is just to get acreage back!
Falcon needs to find a JV parnter, but I do not see anybody lining up. Origin was soliciting and end-up with the Tamborian. I do not know if Falcon can do better, but this will be another year at least.
So we have Falcon with significant acreage but no partner and at least a year of nothing....