Member Info for frackme

Just watched the investor Q&A and to be fair. It's really positive. To summarize it looks like we want to stay in for the full pilot programme at our 22.5%. we are not looking to dilute or divest any of our holding. While we aren't fully funded for the six wells, we aim to be through a number of avenues available and if worst comes to worst we can reduce or participation on a well by well basis. We should in production by 2026 and generating cash.

We should see real significant value creates over this year and next as we repeat the recent results on longer wells.

We don't see any major environmental issues looming and while we are not looking to court potential suitors now the horizon for a sale is during the pilot program (12,18,24 months).

We have 5m in the bank and a 2.something carry that ladders up to AUS$16m Gross cost.

We are staying in the current formation for the 6 wells.

While he was coy on a valuation or share price. Terms like Multiples of current share price and

significant value creation were used which gives me comfort that the goal is to sell but not give away the family jewels.

Worth a watch if you are in the fence about staying the course.

Really disappointing share movement so far this week but maybe a placement is imminent or maybe not. What I'm sure of though is the pilot program goes ahead with or without us and unless we divest our 22.5% of give away mental royalties our asset will be worth much much more in 2 years.

Finally we can do nothing and see value add. But thankfully it sounds like the intention is to partake in the full 6 well program.

This summary of the Q&A is not financial advice. Haha

Really disappointing but I'm honestly not worried. Played with the idea of selling yesterday to buy more shares back at a level like we are seeing today. But I didn't because for the first time since I've owned these shares Falcon is viable. We have enough cash to see the next long drills through to completion this year then we can sit out on the next 3 (and won't lose access to the acres just those wells) as we are already on the pad that they will be drilled off. But my guess is once the market sees two longer wells giving commercial level gas our share price will move or we'll be scoped up for multiples.

While I could try and scoop up another 50k of shares on the meantime it's not worth the risk which is thos share moves without me on board.

Not trying to sugar coat it either. I'm as disappointed as the next person on the share movement but it hasn't moved on fundamentals or risk. It's moved on human speculation and at low volumes.

Be brave now as for the first time we are commercial and sitting on a dragon's horde of gas. We have 22% and don't have to be dragged through the bush backwards to see value accretion. We don't have to give any holdings away or do a raise at these low levels. Get the two wells drilled and things will change for the better.

What's 6 more months for a much happier ending

Got to love the pricing. 11 trades over 80% of the volume this morning at 11.50 or over. Latest trade at 11.15 and price drops to that level. Until we get proper volume we won't fly

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

Good start

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.

Nice one Lockview. Fingers and toes crossed

Super results. What has Tamboran opened at in Oz?

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

Can anyone on a terminal let us know how Canada opened?

Thanks gents

Anyone have a satellite pic of the amungee well. That was about 1mcf or 1.1 so good to see how it compares with that one

I wonder if you are still laughing now........ You Muppet

https://topforeignstocks.com/stock-lists/the-complete-list-of-oil-and-gas-producers-stocks-trading-on-nasdaq/

Thanks Origin

No worries mate

Thanks Schlemiel,

Can you copy and paste the full article as it's behind a paywall.

Cheers

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?

That's mad Tamboran just finished 10% down on the ASX earlier today. I wonder if something leaked in the US