The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
for us LTH, it's been said repeatedly many times that you can always buy Falcon cheaper. That is until you can't. That day will come when POQ announces Falcon has been sold. That's been the storyline since day one. I'm holding fast.
Link did not work for me so I'll repost
https://www.linkedin.com/company/empireenergygroup/videos/
While we wait: Just curious what those in the "know" think this might mean for us?
https://www.petroleum-economist.com/articles/upstream/exploration-production/2020/tamboran-strikes-out-on-its-own-in-the-beetaloo
From the Executive Summary:
"The drilling, stimulation and well testing of these two (2)E&A wells at the existing Kyalla 117 N2 site is considered an important step in confirming the technical and commercial feasibility of the Kyalla shale resource."
So these two additional wells are an important step in "confirming" the technical and commercial feasibility of the Kyalla shale resource. Am I reading too much into this statement? Is it that Origin now has indications the Kyalla 117 N2-1H well may be technically and commercially feasible? Why else would they drill two additional wells, if this were not so? What am I missing here? Yes, I am not a geologist, thus I do not understand geologist speak".
Here's the full link to the article:
https://www.theguardian.com/australia-news/2020/oct/20/putins-blacklisted-oligarch-ally-to-cash-in-from-morrison-governments-gas-led-recovery
When you want the real deal, just like a good neighbor, Orson Modesto is there.
https://youtu.be/zp6_s0B2dmw
I don't have a subscription to the Financial Times, but here's the intro
'Hottest play on the planet': Beetaloo explorer aims high
https://www.afr.com/companies/energy/hottest-play-on-the-planet-beetaloo-explorer-aims-high-20201026-p568jo
I also received the following email this morning from Falcon. This is great news
"Dear Subscriber,
21 October 2020 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) (“Falcon”) has been informed that the Bankruptcy Estate of Petrohunter Energy Corporation is the beneficial owner of 48,101,000 common shares of Falcon (“Shares”), representing 4.90% of Falcon’s issued and outstanding Shares. Sweetpea Petroleum Pty Ltd. is no longer a beneficial owner of Falcon Shares.
The press release can be found on our main website homepage, under the Investor Centre section selecting Press Releases and Holdings in Company
Kind Regards,
Falcon Finance Team"
An uninitiated person might say the Chinese Bamboo Tree grows to a height of 80 feet in 6 weeks. I believe "The Parable of the Chinese (FOG) Bamboo Tree" is once again showing itself to be true. GLTA
https://www.womensnetwork.com.au/the-story-of-the-chinese-bamboo-tree/
WW - Agreed. As many of us have repeatedly said so many times before, year after year, you so eloquently write, "Falcon is not a retail stock play...and they are playing their hand to ultimately sell the Beetaloo assets - that is where Falcon's stock evaluation true value comes into play...no hype needed. The parable of the bamboo plant is my mantra. GLTA
Fixed the broken link:
https://en.m.wikipedia.org/wiki/Andrew_N._Liveris
Fun fact: Andrew N. Liveris was born in the Northern Territory city of Darwin, Australia on 5 May 1954. In his newly appointed position as Chief of the Minister’s Economic Reconstruction Commission, one might say Mr. Liveris was born for this exact position and has once again returned home.
Here's a couple links providing us with some of his background:
https://en.m.wikipedia.org/wiki/Andrew_N._Liverus
https://www.linkedin.com/in/andrewnliveris
I love this quote: “I can count maybe a half a dozen places on earth that have had the opportunity that the Beetaloo gas basin can potentially bring to the Territory,” Mr Liveris said.
Exciting times ahead, indeed!
Nervesofsteel, the SP on FOLGF is up 10%, but the volume is still insignificant, just like everyday. Like WW, I never pay any particular attention to the day-to-day price. I'm only interested on the SALE details when POQ puts the ink pen to paper. GLTA