Phil making himself available to investors post AGM this day week. This is gone right dead of late so hope he can help with a revival. |
Hoping to attend my first Falcon AGM. Anybody else here thinking of attending? |
We a one trick pony now!! |
Tamboran up 19% in Auzzie.
Realising the potential here. |
Logan, This is only an interim fundraise. Agree 2025 likely to be next tap... |
This deal is contingent on various agreements and approvals, aiming for a final investment decision by mid-2024 and commencement of gas flow in the first half of 2026. |
Just 2 years behind schedule as Falcon said 18 months ago that in 2024 the first pilot well start producing an income stream.
"subject to securing funding" - seems Falcon will need to do another Fund raising round, most probably same time next near in 2025. |
Good news at last! Production in 2 years time hopefully... |
POQ should have no problem answering such a question. His involvement in the fund raise would have helped the cause here no doubt. |
A direct question should be put to POQ as to why he did not participate in the fund raise. The share price after the recent drilling results was 13p, and is now sadly half that.
The question should be put to him at the upcoming AGM. However I get the feeling that these meetings are stage managed with only questions they want to answer getting asked. |
At least we will know the result of the game by Q1 2025. |
A few years ago, Falcon said they had no intention of taking their percentage of the licence into production, that they would sell out before hand.
It seems to me Falcon CEO became starry eyed and greed took over, that the company could become a major player in the game with a multi billion pound market cap. |
Agree that they have one more shot at firming up Beetaloo and then flogging their remaining stake in it... |
I just get the feeling that this is Falcons final roll of the dice. |
POQ aint much on getting any "skin in the game"! Prefers soft options and leaves the current offering to Sheffield and Layman. Phil is supremely risk averse... |
I notice he POQ didnt subscribe for any in the fundraising ..cheap? as they were ..
H'mmm. |
I recall 18 months to 2 years ago Falcon CEO said they had sufficient funds to cover the test wells and for these test wells to sell the gas produced to provide a small income stream. |
Market not one bit keen on de plaice! Nature of the beast when drilling with nil income... |
Plaice and chips for lunch! A little water in the wine. |
AGM at The Conrad Hilton! When will we become rich like them Hiltons??? |
Volume on the tepid side today!!! Can one buy a single share??? |
Running later then the company reported only some 18 months ago, when they said that the pilot wells would start producing salable test gas in 2024, now talking about first half 2026. |
Here's hoping that target is met!! |
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