Member Info for Longknife

I think one thing we learned is the SP ceiling is not really affected by the flow results although the floor would have been dropped by bad results. It's taken us 10+ years to realize this and now we need to know what WILL raise the price? A buyout hopefully. More good results? Maybe- but we thought that before. Actual cash flow? You would think so. But somehow POQ has to monetize this company for the shareholders.

Ginger- good luck in the future! 50pct in 6 months is a tremendous return! Even if it sold for $1 tomorrow, many long term shareholders would not approach that return!

"Buy on rumor, sell on news"! Seems to be true again. The problem is the volume is so low (at least in the US) that you can't do either in volume without running the price up or down.

Cam, Hard to stomach. Been waiting years for this day. Years for the good flow rates and after finally getting them- the stock is down. Hoping things get better but there is obviously nobody watching this stock!

Bells,

Apart from the great operating news- which I'm thrilled with- the trading and price has gone about as I expected. Relatively little volume and we haven't even hit a 52 week high yet- which was when we were in the run up to the last big news release which resulted in bad news! It's hard to wrap your head around it but my hope is we will see a slow increase from here. My fear is that we will have to raise money at these low prices leading to more dilution or giving more of our pct away.

Yeah. For some reason I'm thinking we won't see much in the way of a sustained price increase w good results. Maybe the people on this board will buy a few million shares but prob others will sell to get out of this position w a smaller loss or maybe even a slight gain. I'm in my late 50s and beginning to see that it's unlikely I will get to enjoy the potential proceeds of Fog any time soon. It's been a very poor investment w the hope of a big payoff but I think whichever way it goes after the announcement (hopefully to the $.20s), I will be paring down my holdings. JMHO

B2B,

I missed POQs explanation as well. When was that?

Newt- maybe so but I am skeptical in putting faith in blurry satellite pics and trying to measure the size of flares. If we do, however, end up w a buy out price of say $.50, it will have hardly been a decent return for many.

Well if Empire is worth $900M, I would think FOG would be worth at least that. No?

B2B,

Not sure what you mean? The co has made no announcement as far as what? And the posters? No announcement as far as what?

My post was that people on this board have made numerous comments about many of the issues being Tamborans fault yet the company has not made any such statement. As far as Falcon, I am still waiting on the explanation of "the skin" problem that we were to get sooner rather than later. What exactly do you think we are "incorrect" about?

Day1,

I'm with you. We completed fracking over 6 weeks ago and we haven't started the flow test? Why? And what makes us think we haven't? Or that we will get an announcement. I'm also a bit puzzled about the disdain for Tamboran in general. When they bought from origin (something FOG couldn't do), we were all told how great this was. Then the last failed well and it was riddles' fault, but not to worry Sheffield was taking over. Now I hear some saying if there is another issue then riddle will be out and Sheffield will take control! I've seen nothing publicly announced about any of this just confused at the attitude this is all common knowledge.

Frackme. Yes just looking at that now but strange because the numbers changed today and say up $.07. Not sure why it's not trading.

Frack me- many here have already been in this for the long haul. I feel like a newbie and I've been in 7-8 years at least. IMO, if we get good results we should see at least a substantial temporary increase in the price. If we don't we're looking at dilution at low levels or sitting out some wells and letting Tamboran do the work to prove up the areas. If we don't get good results, I'd say we are back in the $.05-.07 US range for at least another year and/or looking at a long sit out or even bigger dilution. jMHO.

Tamboran up 50Pct today in the US on hardly any volume.

Doesn't seem to be any of the run up to flow test announcements like there has been in the past. Maybe as we get closer? This time is always double edged- good news and the stock price could finally start to move. Bad news and we sit for another year or two.

GLTA

I'm beginning to think that these satellite pics are a curse. We haven't seen a flare in a week or two and everyone is down.

85- if that's the trade off - I'll take it!

I don't remember Falcon dropping on rumors the last time- it was when the news actually came out- if I recall. The good news to me is there was less than half a million shares traded today or about $50K. It's not like there was a mass exodus.

Typical Falcon. Last week nothing but optimism and this week everyone seems worried. Mostly because no flare. I have to say I'm not as pessimistic since the update stated mid December , after the tubing installed. Still have fingers crossed.

Gonoles,

That would be great but I meant nothing today like the other mkts and even no real volume.