Falcon Oil & Gas Share Discussion Threads

[family values] 12/8/2016 08:53

Nice bit of blue this morning

[prettybullish] 11/8/2016 18:02

Interesting price action this afternoon.....volume and price spike after a couple of weeks of downward pressure on price....lets hope it is indicative of some good news on the way soon!

[mr hangman] 11/8/2016 14:40

1st results next week ?

[talk2dubya] 08/8/2016 09:59

RNS states they will start before elections, even then there is a significant period of time before any legislation could be enacted for a moratorium. Hopefully the commerciality will be proved by that point, labour would not be able to ignore the value (eagle ford etc) this would bring to the economy. I have added, these guys are way ahead of 88e and have a MC which is about a third less...

[prettybullish] 26/7/2016 08:50

I think they will be able to frack at least initially.....by the time the election is held, validated, the new government in place and then the legislation proposed for any moratorium it will be at least a couple of months. In the meantime the ongoing drilling will be completed and hopefully fracked to establish potential. FOG fully carried, plenty of cash underpinning share price and low cash burn....pressure is on bigger partners due to time commitments to carry out drilling.

[squiresquire] 25/7/2016 18:12

Not much chance theyare gong to be allowed to frack.....Labour have the elections by the look of it. Its not on a knife-edge, the alternative main party are hated in NT due to past policies against the mainly indigenous voters in this area.


The issue of hydraulic fracturing to access reserves of shale gas is shaping up to be a defining election issue in the territory. Labor has promised a moratorium should it win office. The government said that promise had hit investor confidence and blamed it for companies cutting back on projects and jobs.

Several Australian jurisdictions have put a halt on fracking but a report by Allan Hawke last year said the practice could be done safely in the NT if the regulatory framework was tightened.

[trulyscrumptious] 21/7/2016 08:23

Could be a much lower entry point at this rate.

[laptop15] 16/7/2016 19:47

The 4th quarter is were this share will spring to life and i would imagine that the entry level will be around 8-9p then with potential to rise in the high teens! The charts show plenty on the upside and literary nothing on the downside so not too much to worry about here :))

[compoundup] 16/7/2016 18:01

I too am holding off buying. For all the positives, what is the cost of getting to market going to be? Beetaloo seems to be a long way from nowhere. This is not quite like PANR in East Texas where pipelines are abundant.

[drjenner01] 14/7/2016 11:55

mr hangman, thanks but I was referring to the Northern Territory election which is in August. The Labour party has said they will place a moratorium on fracking if they are elected. Last thing I read they were leading. I'm not trying to spread rumours so if anyone knows what is going on I would be interested to hear.

[mr hangman] 13/7/2016 13:04

The Election was on 2nd July, looks like a Liberal–National Coalition, just..

[drjenner01] 13/7/2016 11:58

I've been following for a while and the prospects look good. I'm holding off buying because of the political uncertainty with the elections coming up and the potential for a moratorium on fracking. Does anyone with more knowledge than me here have any thoughts on that? Regards.

[laptop15] 08/7/2016 12:36

Shares magazine also tipped it in may! share price won't move until later in the year so hood time to take a position fairly cheap imo :))

[fsawatcher] 08/7/2016 08:52

this aint goin anywhere

jus another malcy pumped aim stock and all for a free lunch

[laptop15] 06/7/2016 18:38

That would be awesome :)) i was thinking 16p-20p by Christmas if drilling comes good.

[mr hangman] 06/7/2016 09:09

6 months to a year

[laptop15] 01/7/2016 18:29

Wow...45p would be heaven.. lol...what time frame are u expecting that?

[laptop15] 30/6/2016 17:28

Anyone got any price targets here? Charts are saying 6p-16p....so looks like plenty of upside :)) malcy is very excited about falcon too and the ceo is very exciting as he described in his video blog!

[arc en ciel] 22/6/2016 14:08

Thanks, hangman. I obviously missed that development in the pre-Christmas chaos!

And I now see post 466 gave me the heads up too.

The latest news states that fracking tests are ongoing right now and are continuing. Results will be available before any August election.

I would have thought the likelihood of any State action prejudicial to the company will be diminished if Falcon can prove prior to any election that the tests are successful, are hugely positive for the economy and at the same time benign for the environment.

[mr hangman] 22/6/2016 09:31

arc, was released on the 22/12/2015, so hardly news..

[arc en ciel] 22/6/2016 09:11

Did anyone know that John Craven was going to resign at the AGM? After the way he was lauded (in post 462 and elsewhere) I reckoned his presence on the board was extremely beneficial.

[itsriskythat] 13/6/2016 12:33

Answering my own question, the CLP are throwing away their chances of retaining control

[itsriskythat] 10/6/2016 19:42

All correct, but is there any substance to "looks quite likely" or have I missed the polls?