Member Info for Stebol

Tend to agree Origin. We've got it covered for now so no immediate need for funds.

I thought this was interesting. 'Positive results here will provide a further line of sight to the commercialisation of the Beetaloo and could lead to a pilot development program in 2023.'

As with any RNS, one can read in to them all sorts of things. For me, this tells any potential bidder that the price per acre could increase significantly if we are successful at Amungee.

Could be quite an exciting year

Jeez - the RNS was only last week.

The P word is just a trader tool - its been quite some time since we raised to keep the lights on. Everything since has added value - you just need to wait a bit for it to be reflected in the share price.

Congrats Longknife - hopefully more to come

Darnitagain,
Maybe, but the momentum is now with developing a shale gas industry and it has widespread support.
The award was legal costs only - I think it's just positioning and the family looking to maximise future income.
Dragging on or more years I could do without.

In any event, I suspect the problem will go away once a financial agreement has been reached.

I have a vague recollection that post moratorium either the same family, or the previous owners, made a big song and dance around no drilling / fracking on their land.

Think it was an article that Schlemiel posted but my memory is hazy

Kept the company solvent with his own funds when we were at 0.03 and practically bust
Negotiated the Atomic deal, transforming the company into a producer.
Seriously ramped up production and continues to do so.
Is trying to acquire Cuda working interest
Has, by trusting his team, discovered a huge resource in the back garden.
Has loads of contacts in the industry from decades of experience, which he will undoubtedly exploit, in everyone's best interests.
I really don't care if people think comms could be better.
I don't care if the website isn't up to date.
I don't care if we get no updates for months.
If you're invested here then you need to take the good with the not so good.
Placings?? Yup, go ahead if that's what you need to do - He's not doing it for kicks, he's building a billion dollar company.
Just my view.
Go for it AM

Hilarious to watch though YM.

Must have seen every trader cliche in the book this week

Nope - not a chance of being even slightly tempted at that price

Yesterday it was all about vegetables

Today seems to be more of the same

Roll on drilling news, MRE2 and 5% valuation

I wish I was like Havieron
Full of Gold
From my head
TO MA TOES

I'll get me coat.....

I just hope its as big as swede all hope

Jiffybag & Viking - shame on you both!

Vinyl sold at auction, vinyl lying around in the loft. Sacrilege.

My 'office' is rammed with vinyl, both old and new, which is regularly played. Similar tastes to you guys too.

Jiffy I want your vinyl!

GGP - I also think timing will hinge on MRE2.

NCM have to be able to justify whatever price is paid to their own shareholders - 'we think it's gonna be pretty big' probably wouldn't wash.

Lots to look forward to

Sorry - 16.66%. Early cider!

I presume that once the deal is done then our current US$73M share of capital costs will reduce by 20%?

Got to agree with you there Bellers.

With the potential on our other 100% owned tenements, the last thing NCM would want is us throwing our toys out of the pram and doing a JV with someone else.

NCM have the option and I've no problem with that. Sure beats waiting 5/10/15 years to find out how big this baby is.

Thanks schlemiel - more to look forward to next year. Hopefully it'll be busy.

I keep seeing references to LB even though I don't see his / her messages.

He / She must be well pleased that you're all supporting his / her efforts on this board.

It's laughable really

I'm curious.
Assuming you are invested then why are you if everything is so negative?
What is it you want from this exactly?
I think we're quite possibly in the best place we've ever been. Just my view (and god knows I've been wrong before), but surely even you can see that?
Realism I can deal with. Negativity just for the sake of it is a bit of a struggle for me.
You may not like the management and you may not like the current share price, but you can't knock the asset.
Best of luck anyway Darnit - I guess we'll agree to differ until events prove otherwise

I know you've had a downer on Falcon for sometime.
Do you seriously believe that we'll get nothing for our 1M acres of prime Beetaloo?
I'd appreciate it if you could explain to me how that works.
The time of highest risk was surely the moratorium. Then we had Covid.
We've come through both with money in the bank and more drills on a free ride.
We have the support of government, we have other companies drilling; the demand is certainly there.
In what scenario do you seriously envisage Falcon becoming bankrupt?
There's a higher likelihood of Tamboran running out of cash before we do.
To imply that our acreage is potentially worthless is misleading at best.
Good luck though, whichever company you're invested in. I mean that - one does well in terms of flow rates, then we all do well.