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Thanks for sharing duffs55,
Really good to know they have that expertise to call on and it reminded me that they are part of Zephyr's team who want them to succeed in order to increase production in the US. So, a mutually beneficial relationship.
Atb,
Northern
CH did promise us substantial news flow in the last RNS. Hopefully some updates before not too long.
Atb,
Northern
I would have thought that the sp would have stayed over 1p but one bit of good news should help and I suspect over the next few weeks if momentum continues to build it will attract lots more buyers in. Keep the news flow coming APT.
Atb,
Northern
From 're the valuation of the gas and a valuation of Amines but there seems to be the theory and the practice with Aminex. Lth must appreciate that by now. Last year it almost seemed like a new start with the promise of substantial progress on a number of fronts but since then we haven't even had what should have been the easiest things on the list reported on the CPR.
If At a can't get that sorted it seems like we are back to where we were - the substantial progress has slowed and all this means sadly is more and more delays.
Last year I expected with delays drilling might start in February this year - now that like a total underestimate - possibly now we are looking at Q2 if not later.
Atb,
Northern
Sincerely hope so elland. Hope you have had a good Christmas and very Best Wishes for the coming year.
Here's hoping for some significant progress.
Atb,
Northern
This sounds very encouraging. Sounds like they are now pushing forwards developing on a bigger scale this year.
Atb,
Northern
I suppose that comment could be said to show the difference between an optimist and pessimist in this share lol
Or even the difference between what we are told is going to happen and what actually does with this development.
No wonder people give up hope with this company - one thing I can't understand is even how other companies get to produce oil or gas in this country.
When they say substantial progress is being made on a number of fronts and nothing happens no wonder they lose credibility with shareholders.
Atb,
Northern
So long to be announced. Seems of all the items on the list this one would be the easiest to accomplish and if better news than previous reports should give the sp a much needed boost.
Atb,
Northern
I very much agree Srdoddy. Slawson wells was great by news and whilst we wait for 36-2R I would have thought they would be thinking about production from the 16-2 well. They make the 16-2 sound promising in the RNS but there are no timelines!
In the RNS they also promised substantial news flow, so unless other things are happening behind the scenes I am not sure where the news will come from.
Getting production from the Paradox would be a huge boost to the confidence in the company and get the SP motoring in a northerly direction.
All imho
Atb,
Northern
For a Happy, Healthy and Prosperous 2024.
Atb,
Northern
Best wishes to all for success in 2024.
Atb,
Northern
Great spot gonoles, thanks very much for sharing. Will be very interesting to see how things develop next year but this development looks like an early indication of proving up production then scaling up.
Atb,
Northern
Tbh I was hoping Hardrock might post something. Seems very knowledgeable.
Atb,
Northern
Does anyone know if this is normal practice and when we might expect a flare again?
Atb,
Northern
Aminex list that were supposedly making good progress this year aren't going to be reported on this year for example the reserves CPR.
All I can take from that, objectively, is that progress is not as fast as anticipated and more delays, sadly lie ahead.
Like I've said many times before I will only believe in the progress reported when the drilling starts!
Hope 2024 proves to be better than 2023.
Atb,
Northern
New Year. Have the feeling if they can now start to get consistently good results it will be a great year for Falcon in 2024.
Atb,
Northern
Thanks merloid,
Sounds very interesting - hope they make sufficient progress to get towards commerciality and then will see ...
Atb,
Northern
Considering on another day - but if we get a couple of consistent and good results in the first quarter of 2024 do people think that then an SP of 50p is possible by the end of next year and maybe £1-£2 in the next 5 years?
I seem to remember a target price of 37p being mentioned but could that me just a start.
Merry Christmas and very Best Wishes for 2024.
Atb,
Northern
Sounds like potentially encouraging news. Fingers crossed.
Atb,
Northern
Looking at the website am I right in saying there is a photo of the drill site every 5 days(presumably weather permitting)?
Atb,
Northern