Falcon Oil & Gas Share Discussion Threads

[hermana3] 02/12/2024 11:11

Can only access the first brief excerpt. Is there anything interesting in the latter part of Jim's letter?

[cat33] 01/12/2024 21:00

Sounding positive now at Falconhttps://oilman.beehiiv.com/p/oilman-jim-s-letter-december-1-2024Worth reading

[hermana3] 28/11/2024 22:01

$10m in Bank and all to play for...

[hermana3] 25/11/2024 19:18

Market not too interested in spudding of 2nd well at Shenindoah. The proof will be in the pudding as always...

[hermana3] 18/11/2024 19:13

First promised update leaves a bit of a sour taste. No big one but markets drops it 4.6%,,,

[hermana3] 12/11/2024 20:12

Nice welcome Beetaloo update and the promise of more in next few weeks. Hope still springing eternal here...

[hermana3] 07/11/2024 20:49

All about the flow rates! Time will tell....

[hermana3] 06/11/2024 21:46

The return of our Donald giving the markets a lift. A remarkable man for sure.

[hermana3] 29/10/2024 23:27

Jeez we wont have many shares with that consolidation!

[hermana3] 29/10/2024 19:53

He has his Salary locked up of course. He must be fed up forecasting and not delivering...

[loganair] 29/10/2024 19:52

Q2 2025 most probable date for U.S. listing and Consolidation.

Minimum listing price of a company in the U.S. is $3.

Falcon want listing price to be in the $5 to $20 range therefore likely 1:250 share Consolidation (Reverse Split) as will give a share listing price of $15.

[ohisay] 29/10/2024 16:14

I thought that a presentational disaster today .
I can hardly believe POQ is that incompetent .
He's basically saying I've no idea come back next year.

[hermana3] 25/10/2024 10:21

Meeting next Tuesday will help move this yoke along. Philip tries hard but there is nil momentum here and no reason for anyone to buy in. He needs to move the dial along or try to sell this company.

[hermana3] 02/10/2024 17:36

This yoke is in need of oxygen and meeting on 29th better have some good news...

[hermana3] 04/9/2024 00:37

No instant fix ever here...

[cat33] 03/9/2024 16:55

Good write up of the latest news from Jim https://oilman.beehiiv.com/p/oilman-jims-letter-september-3-2024Worth reading

[crankylad] 03/9/2024 11:43

Lipstick on a pig springs to mind..

[hermana3] 03/9/2024 10:14

They may ditch the UK listing as London market doesn't understand/rate resource stocks like US/Canada markets. Philip has been saying that since Ronnie Reagan was in office.Beetaloo is a World Class play and deserves a listing in the US market where hopefully the value will be reflected in the share price.

[loganair] 03/9/2024 10:06

The company reckons these efforts will “expand awareness of the company among US-based investors and potentially provide the company with additional sources of capital".

The wells are (broadly) similar to North America’s vast onshore shale, where horizontal drilling and fracking is required to unlock resources over large areas.

[loganair] 03/9/2024 09:54

Share consolidation at 250 old shares for 1 new share = a new share price of £12.50 or $16. However, often when this happens the share price falls by around 25%.

Being a higher share price it's going to be easier to raise money as would be issuing far less shares for the raise then would have been otherwise.

One thing I do know about U.S. stocks is how, unlike here in the U.K., they do not like penny shares. In the U.S. very very few shares are under $10, whereas in the U.K. very very few shares are over £10.

For once, changing the name of a company makes sense. Beetaloo Resources Corp lets everyboby know exactly where the main asset is located. Corp suggests to me going forward that the U.S. listing of shares is going to be more importance then the U.K. or Canadian listings.

[hermana3] 03/9/2024 08:29

Wow becoming a US listed share would facilitate a takeover from The Sheffields in time. Philip flagged this corporate activity in his fireside chat with us a few months back.

[hermana3] 02/9/2024 06:42

Philip should be very disappointed with market reaction to progress here over the Summer. Bought in here a few years back hoping for another Cove Energy(also founded by the legendary John Craven). Things have sagged somewhat since Hess Oil departed from the Beetaloo consortium. Origin Energy had all the energy and excitement of a Government Department. Some improvement since Joel Riddle of the exuberant hairdo took over from them plodders at Origin. Last chance saloon here for us long suffering holders...

[hermana3] 01/9/2024 15:00

Have only a modest holding too. 100k shares.