Member Info for VillaMaria

Did anyone find the timing of the press release a little strange? POQ chose to release it on a Friday before a US and Canadian long weekend. In my experience good news is always released on a Monday and bad news on a Friday. Something to think about as it took away the opportunity for the Canadian and US investors to take advantage of Monday's gains.
Pretty terrible if you ask me after 12 years of pure hell.

Amazing news. Congrats to all the LTHs. I know I was starting to lose my ****. We needed this news badly.

Hey poods I think you have proven yourself worthy. You can join Soly over on Agoracom.

Origin has put out a project update

Velkerri 76 spudded.

Thanks New. Do you know if that ties in t the $1.00 US target sell price (Falcon) that has been estimated over and over by the posters here?

Why would you find that incredible. They are smart

Does anyone know how Nicolas Mathys ended up with 50M shares?

I know. Makes no sense.

Tamboran's debut on the ASX was a rough one. Shares fell 12.5%.

Can anyone explain the following parts of the Cenkos report.

First part:
Fundamentally Undervalued: Comparing Falcon to its contingent resource weighted peers:
It is easy to see why we believe Falcon is fundamentally undervalued.
Table 1: EV/2C Valuations
Company 2C Resources (mmboe) EV (US$m) EV/2C
Falcon Oil 243 67.6 0.3
Beetaloo Peer 37 143.7 3.9
North American Peer 77 268.0 3.3
Gas Focussed Peer 61 20.9 0.2
AIM Average 1.3

Second part:
Additionally, we note that Tamboran resources is due to list on the ASX on June 23, 2021, with a market cap of cA$260m (cUS$196m), the "look through valuation" for Falcon would be 14.2p per share., C2,4x the current share price.

Hope origin is looking for a farmout.

maybe its the rig getting moved out

I too would love to know how you know this. I also haven't seen this information mentioned anywhere.

For the record. I have had no problem getting a response from POQ. He has replied rather quickly every time I message him.

He doesn't tell me what I want to hear, but he still replies.

I mentioned it a few weeks back. Drilling is taking place in beaufort west in the so called "Sweet Spot"

Their timelines are mentioned in Financial year (FY). I think Origin Financial year starts on July 1

Due to the circumstances origin had the opportunity to take control of this project and turn POQ into their hand puppet. Not too much we can do but sit and wait for something exciting to happen. Hopefully our neighbors can show enough success to expose origins incompetence.

Don't forget they started drilling that well in beaufort west last year. It should be completed by the turn of the century.

I admire Newt's optimistic outlook as well. Hey Newt give me the name of your shrink.