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: What is fair value?
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Sep 10, 2014 04:21PM

Sep 10, 2014 04:53PM
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Sep 10, 2014 05:01PM
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Sep 10, 2014 05:20PM
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Sep 10, 2014 05:22PM
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Sep 10, 2014 05:29PM
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Sep 10, 2014 06:50PM
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Sep 11, 2014 01:02AM
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Sep 11, 2014 05:03AM

Sep 11, 2014 08:11AM
$29/acre sounds about right for an unproven areas with only a few wells for data and zero established infrastructure. With time and investment (a lot of time and a lot of investment), the valuation will increase but not until then. Let's just hope that Falcon will be able to make that $20 million last for a while
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