Member Info for Greenlanteren64

You actually have to have a drilling program to take advantage of the government grants! With virtually no new drilling and Origin with no direction, there is nothing to support our share price. Now that must be exciting to our CEO, in hiding.

How bad can it get, just watch. The next leg down is just around the corner. Beyond belief!

This should give some insight for the lack of spending on the Beetaloo. There is a positive note in the article though!
n-enerhttps://www.fnarena.com/index.php/2021/08/02/soggy-outlook-from-origigy/

I would say Covid is the least of our worries at this point. The stock is teetering on total collapse, depending on if you think that 5P isnt already there. We have been abandoned by our incompetent so called leader.

Why The Green Transition Can’t Happen Without Natural Gas
Germany and Russia are currently just finishing up one of the largest gas pipelines, Nord stream II, to send Nat Gas into Europe.
https://www.forbes.com/sites/arielcohen/2021/07/08/how-natural-gas-can-help-fuel-the-green-revolution/?sh=3ec555b93d82

Stock markets go up, we stay flat. markets go down, we go down. Lucky my outlook is 100 years from now!

Its only 9 months to the dry season!

When your finished picking up all these cheap shares you brag about, just put your head back in the sand!

The worst part is we have resigned ourselves to other companies news releases for any hope of stock appreciation, because our 1 and only new vertical well aint gonna cut it!

Their work program is the joke, POQ is a joke, communication is a joke, stock price is a joke, most people on here making up stories are a joke. Ill just stay for the laugh, thanks.

Waiting for what! Its turned into the laughing stock, nothing is happening this year apart from seeing how low this stock can go. I would even settle for another make believe story from a poster with a reliable source at this point. Now thats desperation!

https://www.proactiveinvestors.com.au/companies/news/954039/tamboran-resources-to-start-horizontal-drilling-of-t2h-well-after-completing-vertical-hole-at-3800-metres-954039.html

By the way that most recent 10 month extension pointed out by superspazz is costing another 50 grand US a month. Just keep chopping away at that block!

OC99, If we paid it immediately 2 years ago we wouldnt be subject to potentially never ending additional costs. If your theory were to ring true we would have had no problem raising cash with successful drill results and and a higher stock price. Either way we would have to raise cash, paying it off immediately would have eliminated extension costs. We would still have 6 million in the bank today. I really dont think anything earth shattering will occur this year, just hoping for a little price appreciation and a clearer outlook on where we are heading.

This is the first I have heard of this also, instead of paying this off while it was relatively manageable POQ in his infinite wisdom opted to add another 60% to the bill. I am sure he didnt want to disturb his slush fund assuring his paycheck for the next 10 years, providing Falcon still exists of course!

https://www.naturalgasworld.com/empire-reports-strong-gas-flow-from-carpentaria-1-89668

With no news, no drilling, no results, no time lines, no outlook, an most of all no leadership its become very concerning. If we have another dilution or part of our 22.5% of the Beetaloo is given away this stock is doomed. If we have 200 million dollars in drilling committed by Origin, monetized into dollar terms only adds 4 to 5 cents CAD to our stock price, if it isnt already baked in. Baffling what is going on. Unfortunately for us, the best predictor of the future is what has happened in the past and that doesnt bode well for us !

I feel better already, nice!

Tired of the excuses, its nothing more complicated than years of incompetence. I think that is Theory # 10,973 that is pulled out of some ones a$$, with or without the so called reliable sources that some of the clowns boast about on here. Completely made up hooey for the most part, luckily most of these posters have disappeared but will return in time. People here just want this to succeed, keep it real.

Does anyone know where you can pick up some of the stuff dprussky is smoking because that might be the thing that makes me feel better!