The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I'd keep the faith here guys.
My two cents for what it is worth. The results are a brilliant foundation that is all. it was still a shortie (after 3 lackluster wells) and the market will probably wait till the next two 3km wells are drilled and flowed. why pile in now when they can just wait 6 months to get assurance.
then when the initial money does flow I'll bet more goes to Falcon than Tamboran as we are the sale option. we'll likely sell within the next 2-3 years so as an investor I can see people placing bets on us this summer after we prove up the to longer wells.
Don't be worrying about the share price today. it's nowhere near reflecting what we just saw. It will move this year though. the tides are changing.
Yep,
Pretty much spot on. But not necessarily a bad thing. The market just reflecting the work yet to be done. Hopefully we'll see steady increases over the next few weeks and months as investors start to take this play seriously, as the 90 day flow rates come out.
I think a modest increase today is not necessarily an indicator of where we end up more an indicator or where the market is/was on beetaloo. It will take a few weeks for the finance lads to sharpen their pencils and start doing the math. But when they do they'll want in but will still need a little more assurance for their capital.
If the 90 day holds up and a good plan is firmed up and stood up by Tamboran and Falcon I can see us going from strength to strength.
There is also the political environment to take account off too. If the Gov gets behind this in a more guaranteed way things will start to move. Still too much uncertainty around the political will and what party/ies will be in play.
It's a super opportunity. We've caught the tiger by the tail here. Let's hope we can hold on.
Yeah so funny. It seems the market has priced in better results or a few weak hands have ran for the hills. It's only good news and anyone only realizing now that a big raise is needed deserves to kick themselves in 4 years when they see the multiples they left on the table. I wasn't expecting a huge pump but anything less than a 30% increase makes little sense and I don't think it's anyone trying to scare the horses either. Just some tweakers not seeing the 5 bagger they someone thought would materialise. It's great news no matter what the stock price does this week
Haha, very true. It's amazing how much smoother it went for Tamboran when Sheffield and his team ran the drill.
Just delighted we are not feeling sick after reading the RNS. Great results for an early we'll too. Bodes well for real value over the next few years. Hopefully we get a nice pop this week too and a new bottom is formed.
Falcon is pleased to provide the following update.
Best of luck all.
Any pump we get is going to be met with a Tsunami of selling from the 12 year plus crew.
Good flow rates will be the foundations for success.
Hopefully we don't get picked up for pennies on the pound before the value is realised.
I back the man and not the plan and Philip has done a lot with a little so far. I think this is a super value play hopefully the rates are good and the money starts to roll in over the next few years
I wonder if you are still laughing now........ You Muppet
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Longknife just looking at Tamboran in the US now. It looks like trading on Tamboran was suspended since the 12th.
It closed at 21 cent but hasn't been actively traded since. Probably paused because of the issuance.
What exchange do they trade on in the US. I know they were looking to complete there domicile to the US but are they actively registered or trying to get listed on the Nasdaq or one of the US exchanges and why the trading hault since the 12th?
What a strange place we find ourselves in. Falcon and Tamboran are totally disconnected from each other as companies. I know we've had raises and we have different configurations and risk profiles. Even the falcon share price seems quite disconnected on the different platforms too at times. Such volatility. The only thing that will be bring a jump higher is proved up results. Is it realistic to think the price jumps on good results from just one shortie well? I hope it does and not pouring cold water here. Just being realistic. What are others thoughts. I'm in it for the long run so not going anywhere regardless on the feedback but interested to hear others thoughts on it.
It's not moving on volume which is good. Leaked Bad news tends to pick up steam as quick as good news. The low volume indicates to me that it's not good or bad yet and some people are heading for the exits in anticipation of more bad news. But as most of us are in it till it dusts or soars all we can do is speculate or accumulate. Best of luck all. I hope 2024 is our year.