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WW: I too would have thought our bird would be in the .50 - .60 usd range by now. I remember quite well when FOLFG hit a 52-Week high of .3599 usd on April 18, 2018. Perhaps we will see this again in the not too distant future before the bit hits the ground for the 2019 drilling season... Cheers to all - here for the long-haul.
Does my memory serve me right or not? Did Falcon retain a 100% interest in the entire area surrounding the Shenandoah well (not sure on the square acres or miles) or was that part of a previous deal with Hess, which is no longer in effect? I am encouraged by the recent upward (although it slight) pressure on the SP, though.
Welcome to St Anne�s Golf Club: I'm in. FYI, I've been known to drive a 90 degree slice off a perfectly good tee, so my handicap is off the charts. Guess I "should" head for the driving range before I commit, ...or I could just hangout at the 19th hole and warm-up for the party beforehand. ;-)
Can anyone post the NT News outline.com link to the Google search for "Fracking given green light by NT government". I'm not a subscriber (would need to cash in some of my shares to be able to afford; too early for that) :-(
I do like this part from Soly: "The 13,000 long-term shareholders don't trade because: Real trades starts @ $4.00" Of course I'm not selling until Philip sells for me... Well, maybe a few in celebration of the moratorium-lift . (But only maybe) ;-)
Here's my take from this radio interview: ON RANT: This is an excellent interview. Starting at the 10 through 24 minute mark. I really enjoyed where Sky News reporter Matt Cunningham starts to really grill Attorney General Natasha Fyles at the 20 minute mark. She being a full blooded politician (I really am being on my best behavior), can only speak political speak. She says she still has concerns, but the Final report CLEARLY states fracking can be performed while fully mitigating ALL risk, when the proper regulations are put into place. NT Chief Minister Michael Gunner has already gone on record that he WILL follow the recommendations of the Final report. So the announcement will either come out tomorrow or by April 20th, so the political types can "spin" the message and condition the public into believing they were "forced and therefore had no other choice" but to lift the NT fracking moratorium and give the green light to allow the onshore shale gas industry to become a part of Australia's energy mix. BLAH BLAH BLAH... OFF RANT.
WW - Funny you mention the "partnership" aspect. I don't know your specifics, but I hold a number of private placement shares of Falcon Australia in a self-directed IRA and the administrator of the account had the shares listed as a limited partnership due to the Ltd part of the Falcon Oil & Gas Australia Limited name and that I therefore may be subject to Unrelated Business Income Tax (UBIT). I had to write Philip directly and he stated in no uncertain terms that my unlisted shares were issued from Falcon Australia, a public corporation; definitely not a partnership. Two years later, I was finally able to straighten out how my IRA administrator had this investment classified. I noticed on the Falcon website (http://falconoilandgas.com/rule-26 ) that they now provide an explanation that Falcon Oil & Gas Ltd is a corporation and furthermore under the subsection titled: Resale Restrictions 1. where the shares are Common Shares. During the early days, this information was not published on their website. Guess enough people were inquiring and needed this information most likely for tax purposes. What I don't know is whether these private placement shares will be handled any differently than my Fidelity FOLGF shares. In my mind, "shares-is-shares" since they are all Common Shares. BTW, I do not see the pop-up message you reference when I place a trade with Fidelity.
Here's a summary posted on globalnewswire https://globenewswire.com/news-release/2018/03/27/1453298/0/en/Falcon-Oil-Gas-Ltd-Final-Report-from-the-scientific-inquiry-into-hydraulic-fracturing.html The US stock market just now opened. I'm anxious to see where this news takes us...
The US 90 day average volume of shares exchanging hands is about 156,000. Using the 1B shares outstanding figure, this equates to 0.000156 percent. No surprise. Just not that many willing to sell. Have a great weekend, everyone. Next Friday could be a good Friday...