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: The Falcon play - Falcon's present value - Soly
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Dec 19, 2011 09:10AM
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Dec 19, 2011 11:10AM
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Dec 19, 2011 01:20PM

Dec 19, 2011 01:44PM
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Dec 20, 2011 06:44PM

Dec 20, 2011 09:52PM
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Dec 21, 2011 01:02AM

A quick calculation for the $1.35 price target would put the market cap for Falcon at very close to $1 billion, and would be a 63% improvement in Burlingame and Soliter's average purchase price.

The market seems to value a trillion cubic feet of proven and flowing natural gas at close to one billion dollars - when looking at past sales of gas exploration companies.

Just a fun question, is your $1.35 valuation a "risked" valuation - somewhat comparable to Dolmen's current risked valuation of only 35 cents?

I believe, from looking at old charts on Falcon, that the stock hit close to that $1.35 level back when Exxon was drilling in Hungary and before Falcon owned the Beetaloo and Karoo properties?

A $1 Billion market cap would seem to be a very reasonable current valuation to put on Falcon - given that Falcon now controls the drilling rights to approx. 100 trillion cubic feet more gas than it did when Exxon was drilling in the Mako trough.

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Dec 28, 2012 10:10PM
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Mar 04, 2013 10:16PM
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