Member Info for Greenlanteren64

Now what are the flare chasers gonna do with their day!

You would think with positive news coming from the government, investing $200 million to help develop the Beetaloo that our stock would benefit. Not so, does the opposite. Very telling.

I think we are looking at bad news coming down the pike. Once again!

Last day for tax loss selling in Canada, so volume might be a little higher with a price dip.

Ambiguity in almost every press release and statement doesnt leave one with a warm and fuzzy feeling. Normally a stock with this potential would rise on anticipation of upcoming events but lack of follow through has quashed any thought of that. Its strictly waiting for good or bad results that will move this stock moving forward!

JFH, lm with ya, good grief what next on this board!

Im sure I saw a BIG RED BEAUTIFUL kangaroo in one of those satellite photos!

Nice to see all the flag waving has stopped, people are finally holding this management team, LOL, to account. Unfortunately I feel we wont get any clarity from the AGM just another bunch of vague comments of things to come. Im looking for timelines, costs, and possible farm out information touched on by Origin. Also more clarification on our deal with Origin regarding their timelines on drilling and our say ,if any, on these upcoming events. Not holding my breath though!

Question, does Falcon have any say if Origin were to decide that they were going to put off drilling for say 2 years, is their anything in our deal with Origin that has any timelines attached at all.

POQ should have a look at this, its very relevant!
https://www.youtube.com/watch?v=crmvHJpCkfM

What can someone say that hasnt been said. ugh

I think Falcon meets the criteria for Einsteins Definition of insanity. “ doing the same thing over and over again and expecting different results.” Origin is NOT buy out Falcon any time soon. Expect the same BS that we always get at the AGM.

Nice to see people questioning what is going on here, its about time! This stock is quickly, if not always, turning into a trade not an investment. The only person making money here is POQ, and I dont see that changing in the near future. Wait for the big pile of fluff jammed down our throats at the AGM, it will truly be epic. This stock is a never ending disappointment, and management is leading the way.

LK, I am totally on board with you in them selling a portion off, I think it will go a long way in boosting our stock price. This whishy washy approach to drilling is maddening.

Darnit, I have said it from the day we relinquished control of this play, NO ONE will buy our 22.5$% share of this play as it sits. We will either be picked up sometime by Origin at bargain basement price, which will be years away, or sold as a package with Origin to a bigger player! With Origin in charge they could drag this out as long as they feel, do we have any time boundaries, I dont know. We are all in the dark.

Its the third rendition of the Gong show. What do you expect when you give up all the control of this play, they will just keep chopping away at Falcons 22..5% block.

Oleo, it could be something as simple as them not accounting for this nitrogen press in their 2020 budget, still no excuse! With all parties touting the potential of the Beetaloo you would think they would be chomping at the bit to get this done. At least the stock has found a bottom by the looks of it.

Origin shareholders arent even paying attention to the Beetaloo as shown by their stock appreciation. Giving some certainty of upcoming timelines would go along way in easing concerns of where this is going. Time keeps ticking on and costs keep rising, our carry is not infinite!

It would be a fire sale to them, they just have to wait it out and bleed the equity slowly from us. The only hope here is for some successful drill results raising the share price, because Origin will not be buying us out because they dont need to! Costs them nothing to watch us fade away!

Highly unlikely Havy, with POQ making 600 big ones a year, I dont think so. In fact any sale is highly unlikely due to the fact that we gave up control. Who in their right mind would buy in as a minority share holder, with no say, and possibly having to buck up endless amounts of cash for future expenses before seeing any potential profit. Poods was accurate with his .25 usd price, one misstep after another, Origin is in no hurry as you can see to wrap this up. Sad for us all!