"Australia is keeping this stock alive. If there was no speculation about OZ then why would this stock be at 0.16$ after last weeks's announcement ?"

Any thoughts about when or if we will see a consolidation to get the price closer to the proposed financing in Australia?? I know that Falcon will need Renova and Burlingame's acceptance before they will be able to do a consolidation, but I am wondering if the current demand at 15 cents may be indicative of a disconnect with the proposed Australian listing and funding raising for the Beetaloo. Could the current market demand for Falcon shares at 15 cents be coming from Australian interests that are buying up Falcon shares on the open market rather than taking part in any Private Placement at much higher prices? If this is the case then there maybe a strong case for Falcon's management to push for a 6 to 1 consolidation so that the trading price for Falcon and the proposed private placement aren't so far apart??

Regards Paul