Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: Re: June 28th-Oct.9th
1
Oct 09, 2013 12:42PM

They have until December, so no, three months is not enough time. If you had an hour to finish a test but you completed it in a half hour, would you turn it in without reviewing it, or would you use what time you were given to make sure you aced it? Now extrapolate that concept into a business deal where there are many moving parts and something as simple as misplaced word in a contract could result in substantial loses. Falcon has until December, or a little after, to present their Cap Ex plan to the Australian government. What is another two months? If you sell now it might save you some money if things do not work out. But, if you do sell, and a big announcement is made, you'll be kicking yourself. That's the only thing I can predict with 100% certainty.

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Oct 09, 2013 08:10PM

Oct 09, 2013 09:25PM

Oct 10, 2013 07:42PM
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