Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Population of the the Northern Territory is roughly 250,000 , debt at end of 2020 projected to be $8,200,000,000. Gst transfer dollars are plummeting and there will be high unemployment in the NT. The odds of them sewering fracking at this point are slim to none. There are a number of companies ready to go and would inject millions of dollars in investment and good paying jobs. Hopefully we get some long awaited news soon!
New roadmap for NT's future wants to 'accelerate' onshore gas industry.
https://www.katherinetimes.com.au/story/6841006/new-roadmap-for-nts-future-wants-to-accelerate-onshore-gas-industry/?cs=12&utm_source=website&utm_medium=index&utm_campaign=sidebar
They are afraid of rocking the boat before the election, the wheels on the bus go round and round, round and round!
softening his view, realizing its a non starter with the backlash.
MILLS SAYS HE BELIEVES FRACKING COULD BE DONE SAFELY IN
TERRITORY Alliance Party leader Terry Mills said he still believes that hydraulic fracturing could be done safely in the NT.
Mills is now referencing the far left rag , Australia Institute, for information that will fit his narrative. Funny because they have been spewing this garbage for 25 years and just now Mills decides to go with it. Gives some insight to some of these politicians true colors!
It just shows how slimy some politicians can be, willing to sewer the economy for power, truly despicable.
READER POLL WILDLY AT ODDS WITH MILLS’ FRACKING STANCE
MORE than 70 per cent of voters have said they support fracking in the Territory in a week-long NT News subscriber poll, wildly at odds with Territory Alliance leader Terry Mill’s statement that ‘the (Territory) community is opposed to it’
ONSHORE GAS INDUSTRY ‘CRITICAL TO THE TERRITORY’S
AN onshore gas industry and its successful development has never been more critical to the Northern Territory, says the man who is an adviser to US presidents, Australian prime ministers and international businesses, and now head of the Chief Minister’s
He is nothing more than a vote *****, and has lost any credibility that he might have had.
PEAK BUSINESS, INDUSTRY GROUPS SLAM ALLIANCE BACKFLIP
TERRITORY Alliance’s Ban Fracking policy would put the creation of thousands of new jobs, hundreds of millions of dollars in work for local companies and revenues to the Territory government at risk, the peak body representing the gas industry says.
Its hardly surprising the NT is broke with clowns like this, they have relied on handouts for far too long, about time they start pulling their weight!
VM, socialists run the economy into the ground for 4 years, conservatives pick up the pieces for 8 years, and the cycle continues. The large amount of debt could change this scenario, I hope.
Another report, its exasperating! Its quite simple, government get the hell out of the way.
Why the NT is in the box seat to become the nation’s
CHIEF Minister Michael Gunner says he and Prime Minister Scott Morrison are on the same page about targeting the lucrative gas industry ‘immediately’ to unlock billions of dollars to save the Territory and Australia from economic ruin.
Things are shaping up in our favour for sure, just made my final purchase of 350,000 shares the last two days on the tsx. This will pop 50% just on news of when fracking will commence. Im thinking sometime in July if this bug co operates. These are desperate times and I don't think most governments are in the mood for special interest groups getting in the way of resource development. I believe their starting to realize that onshore gas is the golden ticket to prosperity. Good work Schlemiel.
Remote NT biosecurity restrictions could be lifted early.
Poods, your not going to be popular pointing out the reality of this stock. No other entity is going to buy out the 22.5% share of the Beetaloo deal unless its a package with Origin, why would they. Origin holds all the cards now, they can just cruise along and when the time comes require Falcon to buck up more money or take a little more equity. I feel the only way your getting a return on this stock is selling when the stock price spikes, hopefully. Credibility is lacking at the front office, which is weighing on this stock. Virtually all oil and gas company executives have taken pay cuts as a show of goodwill, but not here!
CSIRO fracking study ‘a good sign’ for NT operations
https://thewest.com.au/business/csiro-queensland-fracking-study-big-news-for-nt-ng-88a932e71c956e1d4ba510bc3c08159a
CSIRO report: Fracking has little to no impacts on air, water, soil
https://www.queenslandcountrylife.com.au/story/6735997/csiro-report-fracking-has-little-to-no-impacts-on-air-water-soil/
The greenies wont like this!
Its only a dilution if you believe the deal didn't add value to the stock, which I believe it did. My beef with POQ is the lack of transparency of past statements that haven't been followed through with, management actually ignoring them completely. When you change direction that quickly, shareholders deserve an explanation, good or bad. Given that, lets get fracking!