Re: The Falcon play - Falcon's present value - Update
in response to
by
posted on
Oct 22, 2013 11:18PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Tomorrow's Falcon dog and pony show presented to private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists. I'm pretty sure that the participants will learn a great deal about Falcon, maybe even a bit of new development we haven't heard of before. But, the one thing they won't be hearing is an announcment of a JV partnership.
That's never happens on a dog and pony show.
I reiterate what i said in an earlier post:
So, I don’t see any deal would be signed before the end of this year; it may even stretch into the next year. Actually there’s no urgency to rush this deal because work can’t be started until the end of the wet season, which will last till the end of April in the Beetaloo.