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Maybe its your age but didn't your mama tell you not to call people names! It shows your arguments don't hold water when you resort to such pettiness, your grand kids should be ashamed. Just review your post's through the years, there is a lot of hypocrisy there for anyone's perusal. Enjoy your holiday.
Time has been our enemy for the last 7 years, due to a lack urgency by Origin we missed the boat and are now paying an even bigger price. Sitting back and listening to posters say Falcon isn't driving the bus was just infuriating, now there might not even be a bus! This should have been proven up at least 2 years ago, POQ sat back and just went along aimlessly, so out of touch didn't even know Origin were in negotiations of the sale of their Beetaloo assets. Like I said earlier even with great #'s it will barely move the stock price. Completely mishandled, now on the verge of being a total waste of time and money! BTW POQ will continue to bleed Falcon dry right till the bitter end!
With so much at stake you would think the government could have clear and concise legislation so projects could progress. The electorate are oblivious of the damage done to the economy because of this incompetence! The western world has been conned into these accelerated green initiatives which are impossible to reach in their timeframe. Reality will and has set in when the cost of energy keeps skyrocketing, by then most sensible energy companies will have exited the Australian gong show!
Essentially if scope 3 emissions have to be borne by oil and gas companies, the industry will cease to exist in Australia. In the very least all investment will dry up. I just can't see them placing scope 3 on the industry without offsets!
https://michaelwest.com.au/drowning-or-waving-will-beetaloo-gas-frackers-survive-greens-labor-safeguard-deal/
The last 4 paragraphs stand out to me!
ALL these arguments are very long in the tooth, the facts are this stock has been languishing for years and years, and by the looks of it, that isn't going to change anytime soon. One hurdle after another and now a possible road block! Just wonderful.
Labor agrees to absolute cap on emissions to secure Greens backing for safeguard mechanism climate bill.
https://www.theguardian.com/environment/2023/mar/27/labor-agrees-to-absolute-cap-on-emissions-to-secure-greens-backing-for-safeguard-mechanism-climate-bill
One thing I have learned over the last long 10 years owning this stock, is nothing is as it seems. I'm hoping nothing has gone sideways, but not reporting on the outcome of the 24 sections being fracced, gives me pause!
Looks like muted interest in this world class play in run up to results. Over one billion shares in the kitty and slowly moving back down again, hopefully we will finally see some sort of reward for all of our waiting!
Results matter, the years of promises and speculation no longer hold water in the Beetaloo. Regardless of how optimistic Empire says they are, the fact is their last results were disappointing, and their share price is reflecting that fact!
You would have thought POQ wouldn't paint himself into a corner by giving timelines that don't happen, once again. the one wildcard (the weather) doesn't seem to be a factor. As we move farther away from the middle of the month the stock will reflect the delay!