Member Info for Early_Bird

GZ2 Drilling completed, resource upgrade due 2-3 weeks Feasibility study on initial production target being finalised which will be used to cement JV contract for production. GZ1 Drilling underway to test base of gold mineralisation Drilling of high grade copper mineralisation to commence during August Copper resource upgrade being compiled Feasibility study for minable CU deposit in preparation for second production and processing agreement with JV On course to deliver phase 2 target of 3-5Mt Additional targets within the licence area offer potential to expand the resource beyond the 50Mt exploration target in place for KB "Busy" is the word id use.

I've started taking a position here ahead of FEL 3/14 3D seismic interpretation results. Woodside are due to receive the pre stack depth migration data any time now whereby they will analyse drill prospects. PET have free carry on this including a drill. Bearing in mind this is in the same Porcupine basin as PVRs Druid/Drombeg drill there is already a lot of interest in the area, an identified drill prospect from the 3d should see these shares gain a lot of sudden interest. £4m MC id expect to be well over £10m if/when drill prospect is identified on 3D (due to the free carry they have on a well). A prospect on a similar magnitude to Druid would see considerable traction here. Im treating anything on FEL 4/15 or Ghana as a bonus here. Cash position of £770k as of end of 2016 with cash burn of £370k pa means that no further funds are required until back end of 2018. PET overheads are purely admin as they have free carry. Not a share to bet your house on (yet) but I see a speculative case here with large upside.

"As at the year ended 31 December 2016, the Company was in talks with another potential business with an eventual acquisition expected to finalise before the end of the second quarter 2017." Well today is the last day of Q2 and nothing.... hardly a surprise given the bunch of jokers running the show

Well the board here have 2 weeks to close a deal if they are to stick to the guidance on their RNS...... I think its agreed here that if nothing in the next 2 weeks then shareholders need to call an EGM and vote to have this resume trading.

Interesting movement here.... First set of P3 trials underway.... hmm.

"This is a very exciting time for Falcon: our market fundamentals are excellent; our cutting-edge technology is rapidly gaining recognition; we have contracts with leading players including Tata Communications; and the Company has cash in the bank to accelerate its strategy to become a leader in the OTT market. " Nice bullish statement

Thing we know with fal is that its a very tight book. 4m was raised at 25p.. thats a large amount of money. This should be trading a premium to that for starters

Litetally cant buy a bean. Quoting me 21p for 5k shares then when I click to execute it goes no deal. Looks like mms in trouble

then the loose float is gone

hahahah lovely. glad I mopped up a fair chunk of these 1.1-1.2

good to see

overhang thinning out... feels like something is close here.

crazy isnt it, plus the fact that the oil has proven to flow at hugely commercial rates as well... July deadline looming. Very omptimistic

Farm in RNS would put the MC straight back to around £30m (5 bags) with a gradual build to 70-100m on drill spud IMO. We're talking 70million barrels of 2c resources net to LOGP at £6m MC... totally crazy currently. St patricks day on Friday, would be a perfect day for some blockbuster news ;)

1% of the company has been bought today thus far

hmmm

in this morning.. encouraging

Farm in would warrant £70-100m MC on the next drill spud so upside here is off the chart. I like the odds so continue to hold.

things starting to hot up here...

Very encouraging