Don't know about the two years
I honestly believe that falcon will get swooped up by some of the big players in the next twelve months , If there is a snippet of info to suggest this well then falcon will rocket. Philip o Quigley is a shrewd man who seems to play his cards close to his chest he has expressed disappointment at the current share price, but no panic, he knows that falcon is under the radar of larger companies and I assume he has a value already attached to falcon, We all hope for fair value in several multiples of the current share price based on the huge potential of the beetaloo, only time will tell, I for one am happy to hold and accumulate where possible at current value, but I suspect this value may not be about for too long, I hope everyone that is on board is aptly rewarded on their investment BIG or SMALL.
Good to see you keeping this board alive Nigerian, The share price is somewhat disappointing
at the moment from a sellers point of view but for those that believe and see the true potential of falcon its a real steal, I would form the opinion that this will not last for long, Origin are making a presentation Mid May, if they make further disclosures on potential volume this may be the catalyst for driving the price forward , In the mean time happy days and who knows just may be some day we will all meet in Dublins fair city to celebrate this little Gem in the not to distant future
If you check out the London south east; board you will find a throve of knowledge surrounding this, If the pipeline is extended to the beetaloo this is a massive gas find.
Share price is in a bit of a Stalemate at the moment however with the threat of the moratorium out of the way The focus has to shift to the value of falcon in the not to distant future, multinationals will soon take note and try and purchase falcon at a keen price
That value is probably multiple times the current value ( I hope)
The Jemena pipeline expansion has the potential to drive falcon price upwards sharply. If they extend which seems to be the case to take gas from beetaloo well then this find is massive. The pipeline alone would cost a couple of billion, they aint going to lay a pipe if there is not a return on investment, It is my opinion that falcon could surge on positive news ( that news does not have to specifically come from falcon)
Jav, Guessing we will hit circa 50p once 2019 drill plans are announced( should be a few months off). Origin may want to buy FOG out before drills but reckon wee Phil will try and hold off until 5 drills are undertaken.
You were correct in your thoughts on the release of the OK. ! Thanks.
I assume that a number of investors were guessing on a good outcome as the share price has gone from around 20 a few weeks ago to about 25 now.
I would be interested to learn your thoughts on the movement of the share price over the next few months. ?
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