Falcon Oil & Gas Share Discussion Threads

[the sage] 07/9/2021 09:44

I hope that no one puts a bid in for us! Let's get to a couple of quid first.

[bmwman3] 07/9/2021 09:19

Mug turned up in the guise of you more like

[ohisay] 07/9/2021 09:18

Seeking Alpha article from last year.



Furthermore, look at the location of this asset. Australia has a huge energy supply shortage coming which definitely acted as a tailwind when deciding whether the Northern Territory fracking moratorium was going to be lifted. Although new laws and regulations came into force, the moratorium was finally lifted in April of 2018.

Due to the coronavirus pandemic and the collapse of crude oil prices, Falcon shares were delivered a "One-Two Punch" which collapsed the share price to $0.07 per share in recent weeks. Although many equity markets have somewhat recovered over the past month, the price of crude oil, for example, is a mere $10 a barrel at the time of writing.

Being a micro-cap stock, there are risks which investors should be aware of. The first risk with these companies is a lack of funding which many times mean the micro-cap can run out of time. As we have mentioned above though, Origin's recent $150 million investment puts this risk to bed which is a big positive. In fact, the more pertinent question here is why Origin (in a time of major upheaval in energy markets) has decided to front up that extra cash.

Furthermore, due to the low volume in this stock, we do not advise short-term trading in here. The play here is to buy shares at close to the current market price as possible and hold until stage 3 comes to completion. In the recent farm-out to Origin, there was no share dilution, which makes a buy and hold investment perfectly feasible at this moment in time.

We have consistently stated that position sizing is the best way to control risk on any given trade or investment. Yes, investors will bemoan the fact that there is no paying dividend with Falcon and no in-depth financial reporting. This, though, is what you get with micro-caps. In fact, many times, the more detailed information one has at his or her disposal on a firm at any given time, the more accurately the market prices the company. This means limited upside compared to the micro-cap which the market believes has too many "unknowns" to accurately put a valuation on.

Therefore, to sum up, Falcon Oil & Gas is presently trading at $0.08 per share. What investors need to ask themselves here is whether they really believe the company is worth half of what it was just 7 short weeks ago. Yes, Falcon is a penny stock, and risk is always high when dealing with unconventional assets. However, given the price of the stock and the potential of the project, we maintain that the risk/reward play remains compelling.

And remember Origin bought out Sasoils 35% share ...

[ohisay] 07/9/2021 08:48

A further 7.5% was farmed out last year to Origin, increasing the carry by A$150m.

Which crudely values FOG's share of the field at 450m AUD as a minimum .

Or £240m or 24p per share .

[mally6] 07/9/2021 08:41

Mugging about to start 10p entry coming

[easwarareddy] 07/9/2021 08:27

Will be nice when we over 20

[bmwman3] 07/9/2021 08:23

Mugged a few there this morning

[chesty1] 07/9/2021 08:22

Time to head back up

[bmwman3] 07/9/2021 08:18

Same old pattern

[genierub] 07/9/2021 08:04

In auction it seems. TSX opens later WOOT
!

[bmwman3] 07/9/2021 08:01

Nice start

[hermana3] 07/9/2021 07:17

Petey, Watch this space!!!!
thec, Johnny Craven is the backseat driver for the wee man.

[thecynical1] 07/9/2021 07:16

Remember the Cove Pattern.......

[s34icknote] 06/9/2021 22:31

Wow look at all them delayed trades !!Big chunks . Can't tell if buys or sells . Just get the feeling each pull back is getting bought into .

[p5tvr] 06/9/2021 20:20

herm are you in profit yet after years of holding???

[thecynical1] 06/9/2021 20:08

Is he still involved???? 😎😎😎

[hermana3] 06/9/2021 18:44

What a turnaround! Overnight surge after over 4 quicksand years. Don't you just love a Johnny Craven share...

[con90210] 06/9/2021 17:40

Nice. Bodes well for tomorrow then!

[s34icknote] 06/9/2021 16:46

Finally closed at 14.10

[con90210] 06/9/2021 16:44

What was the prices?

[s34icknote] 06/9/2021 16:41

In auction

[amrishbhim] 06/9/2021 16:39

You see when people listen to idiots there end up losing money, I don't understand why some didn't ring the Friday RNS but actual listened to that deramping person, many sold for some profit I fully respect that but some sold because he just went on and on and he did this with three others shares today, please make your own decision not a fool who goes on and on Another best day forever, and many more like this for many more days

[con90210] 06/9/2021 16:36

Fantastic finish!

[wapper] 06/9/2021 16:33

nice finish