Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
No problem 150 Million $ for 7.5 % of beetaloo holdings which is quarter of 30% or just about.
Falcon has about 1Billon shares, there for Origin just bought about 250Millon shares forth of Falcon.
150Mill/250Mill = 0.6$
Ok looks like we give about 1/4 of our holding to Origin for 150 Million $. So if you look at this deal origin buying 1/4 of the falcon for 150Mill that is about 0.60 cents per share. I say it was good deal and maybe even fantastic.
https://www.katherinetimes.com.au/story/6705475/surprise-plans-for-a-gas-pipeline-to-connect-beetaloo-to-darwin/
Building pipeline to Darwin do not have access to get full article , but the is pretty clear
Bid x Size 0.0725 x1,000,000 - Ask x Size 0.090 x9,930,000. This is by far the biggest numbers for Ask and Bid. So theory of some of the " FAT CAT, bottom feeding scum sucking on a cigar at the 'CLUB'" seem to be correct
I hope they will hold off on the announcement other wise it will really do nothing. I am also somewhat curious what will happened ones the price war is over. I think in the long run it will be good for US and Australia (Short term will suck for sure) I am guessing Russia will follow Venezuela path to the complete melt down (to this point the playbook is the the same) and Saudi Arabia will continue doing business as usual.
Things are really really really look RED in my portfolio and it looks like it will be red for the little while, I am not even confident success with most resent well will translate to the upper movement. In the short term I think we are f..ed.
https://youtu.be/5I_n4uLCByA
I think site is looking somewhat different now
Looks like they are trying to up their game, but also I really do not think they have any means to make any worthwhile offer, but the good thing people are interested.
https://www.spglobal.com/marketintelligence/en/news-insights/trending/fo42lm-js1xzyiwgyh_tzq2
https://www.rystadenergy.com/newsevents/events/rystad-energy-events/rystad-energy-tokyo-information-session-march-2020/
Australian gas market balance – why is the world’s largest gas exporter about to build LNG import terminals?
Key new discoveries and developments including the Beetaloo shale, Perth basin and new offshore frontiers
Regional M&A opportunities in unconventional, deep-water and mega-projects
30 days or so for the important news and if all good production test around June . Also we have another well to do this year so I am thinking it will be started right around april. This year should really good. Go Falcon!
Here is original BS story from "good source of news and other things" this crap just continue circling around and never dies
https://www.rt.com/op-ed/fracking-radioactive-uranium-danger-ecology-057/