Bullboard - Stock Discussion Forum Falcon Oil & Gas Ltd V.FO

Alternate Symbol(s): FOLGF

Energy Oil & Gas E&P

Falcon Oil & Gas Ltd. is an international oil and gas company. The Company is engaged in the exploration and development of unconventional oil and gas assets, with the portfolio focused in Australia, South Africa and Hungary. Its principal interest is located in two underexplored basins in Australia and South Africa, with further interest in Hungary, covering over 12.3 million gross acres. Its... see more

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TSXV:FO - Post Discussion

Falcon Oil & Gas Ltd > Feb 7th presentation

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Post by Abedim15 on Feb 08, 2022 11:01am

Feb 7th presentation

Listened to the Feb 7th CEO presentation related to their stage stage 3 Beetaloo work program for 2022. Some interesting answers to technical questions that are difficult to evaluate, if one is not in the oil and gas business.

The one thing I took away is that, based at the current Falcon share price the value attached to their land holdings in the Beetaloo is approximately $150 per acre. If they succeed, their acres can be expected to fetch just under $1000 with a very small portion of which can sell for approx $4000 per acre.

This remains a Hail Mary play but if they succeed = x 10. Don't expect it tomorrow though, I got the sense that share price may not move dramatically, one way or another, until late 2022 or early 2023.

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