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: Agreement

Re: Agreement - investor26

posted on Oct 08, 2009 04:34PM

The BOD for Falcon is not about to sell off the Mako for pennies on the dollar. They may be just as depressed as we are with the results from the Foldeak well as the market cap has now fallen below $100 million for the first time. I don't believe for a second that the BOD will let anyone take the Production License for only a few million. They will professionally assess where and how to best move the company forward from a very difficult position IMO. Regards Paul

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