Great post and since we are coming up to almost a decade in owning Falcon for you and many others - here's hoping that Kip is right in calling Falcon the "Stock of the Century" - as the first decade will be passed soon!!

Here is a link to ProActive Investors take on the recent announcement from PASA on the Karoo.

There is another bonus of PASA's announcement, which should be a more immediate start to negotiations with Chevron - who has a great deal more clout in South Africa than Falcon. This decision by PASA will very soon require Chevron's input on the updated environment assessment, along with input on the seismic and drilling program to determine the location for the first delination wells, all of which PASA has stated can go forward as soon as the license is granted.

http://www.proactiveinvestors.co.uk/companies/news/73926/the-big-picture-falcon-poised-as-south-african-shale-moves-closer-to-green-light-73926.html