George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
My expert here in the west would have the following time lines.
Drilling complete : end of February
Casing/Fracking complete : end of March
Gas Flow / Clearing well complete : mid/late April
Flow Rate : end of April
Origin/Falcon should have news at the end of each stage
WW. In your post today/yesterday you refer to $60 million and $18 million. I presume that the $ sign is an error and that you are referring to share quantities and not to dollar values.
Could some current shareholder get their broker or financial adviser to approach the holder of the Sweetpea/Petrohunter shares with a view to clarifying the size of their holding and what their current and long term intentions are for their holdings ?
As the previous few post show there is a wide variance in valuations. Is it not time that Davy, RBC or Cenkos did a value of the Beetaloo based on the various possible outcomes and going 1,2 and 3 years into the future
Opinion: No Opinion
Price: 16.075
RE :PredictionToday 19:16In a Falcon Corporate Presentation of June 2014 the company set out a " Value proposition of early entry in unconventional shale plays "
"Recent transactions demonstrate increasing market value of acreage positions as they progress through the evaluation cycle"
4 step cycle............................. stage............................................................ $ per Acre
1. Trends................... Regional geology. Old logs, seismic..................................... $40
2. Undeveloped .........Logs,seismic.Oil and gas shows. Tests............................... $844
3. Appraisal...Successful tests. Production from horiz..Modern frac stimulations..$4,009
4. Production........... Production History. 100's of wells drilled .........................$18,489
Falcon started in the Beetaloo many years ago at 1. Trends
In 2020 when the current programme is complete they should be at successful 3.Appraisal
Falcon's net acreage is c.1.3 million
Do the Math
Improved layout of previous post
Last attempt at better layout
Definitely the last attempt
Opinion: No Opinion
Price: 16.075
RE :PredictionToday 19:16In a Falcon Corporate Presentation of June 2014 the company set out a " Value proposition of early entry in unconventional shale plays "
"Recent transactions demonstrate increasing market value of acreage positions as they progress through the evaluation cycle"
4 step cycle............................. stage............................................................................ $ per Acre
1. Trends................... Regional geology. Old logs, seismic................................................ $40
2. Undeveloped .........Logs,seismic.Oil and gas shows. Tests......................................... $844
3. Appraisal.....Successful tests. Production from horizontals.Modern frac stimulations...... $4,009
4. Production.............. Production History. 100's of wells drilled .........................................,489
Falcon started in the Beetaloo many years ago at 1. Trends
In 2020 when the current programme is complete they should be at successful 3.Appraisal
Falcon's net acreage is c.1.3 million
Do the Math
Improved layout of previous post
Last attempt at better layout
In a Falcon Corporate Presentation of June 2014 the company set out a " Value proposition of early entry in unconventional shale plays "
"Recent transactions demonstrate increasing market value of acreage positions as they progress through the evaluation cycle"
4 step cycle............................. stage......................................................................................... $ per Acre
1. Trends................... Regional geology. Old logs, seismic................................................................. $40
2. Undeveloped .........Logs,seismic.Oil and gas shows. Tests.......................................................... $844
3. Appraisal............... Successful tests. Production from horizontals.Modern frac stimulations...... $4,009
4. Production.............. Production History. 100's of wells drilled ....................................................$18,489
Falcon started in the Beetaloo many years ago at 1. Trends
In 2020 when the current programme is complete they should be at successful 3.Appraisal
Falcon's net acreage is c.1.3 million
Do the Math
Improved layout of previous post
In a Falcon Corporate Presentation of June 2014 the company set out a " Value proposition of early entry in unconventional shale plays "
"Recent transactions demonstrate increasing market value of acreage positions as they progress through the evaluation cycle"
4 step cycle stage $ per Acre
1. Trends Regional geology. Old logs, seismic $40
2. Undeveloped Logs,seismic.Oil and gas shows. Tests $844
3. Appraisal Successful tests. Production from horizontals.Modern frac stimulations $4009
4. Production Production History. 100's of wells drilled $18489
Falcon started in the Beetaloo many years ago at 1. Trends
In 2020 when the current is complete they should be at successful Appraisal
Falcon's net acreage is c.1.3 million
Do the Math
The Implementation Plan of the Of the Inquiry Report's Recommendations is to be released by the NT Government
in July (within the next 18 days) .
I presume that Origin have been working on their Exploration Plans to evaluate the 4.5 million acres over the next two years, so that Production Financial and Operational plans will be in place for production to commence in 2021.
This Exploration Plan should be released in early August by which time Falcon can prepare an up to date Investor Presentation.
Philip should be on the road by early September and prices on the up !!
My previous posting was set out in table form but got muddled up in the posting. It showed that on the 16th,17th and 18th Origin's Market Cap went up by 350m,210m and 250m Aus$ On the 16th and 17th Falcon's Market Cap went up by �6m and �5m The Million $ question . Is Origin's value influenced by the Beetaloo ???
Origin Aus $ 1.76 BN shares Falcon � 982,637,517 Date Share Price Cap Value Movement Date Share price (p) Cap Value Movement 13/4 9.03 15.89 BN 13/4 22.9 p 225m 16/4 9.23 16.24 + 350m 16/4 23.5p 231m + 6m 17/4 9.35 16.45 + 210m 17/4 24.p 236m + 5m 18/ 4 9.49 16.7 + 250m Millon $ Question Is Origin's price influenced by the Beetaloo ???
Norway are way ahead of any other nation on earth. Should the NT not strive to copy them ? If the Gas reserves are a vast as some people believe they are the NT might be a mini Norway in twenty years time http://ieefa.org/norway-sovereign-wealth-fund-moves-toward-investing-in-renewables-infrastructure/
I don't see why we should put pressure on Mr Gunner for a quick decision. I would prefer that we get a right decision Gas from NT could replace coal in countries such as India and China , hence reduce carbon emissions. Royalties from gas should be partially spent on generating Renewable Energy and promoting electrical powered vehicles. The Planet would be better off, the NT would be better off and the risk takers would get a fair return
Climate Change is the biggest global problem facing mankind at this time. Renewable Energy is a must as soon as mankind can afford to fully develop and install it. Nuclear Power, there are great concerns over it's safety , cost and integrity of decision makers ?? Natural Gas is the obvious partner of Renewable Energy. The Northern Territory should follow the example of Norway. NT energy usage should become Fossil Free and this be funded by the export of Natural Gas. The Natural Gas exported will not increase the planet's usage of gas The rest of Australia should follow suit with the help of NT Fossil Fuels should be history worldwide in 40 years ( when I'm 105)