Falcon Oil and Gas Ltd.

http://www.investopedia.com/terms/p/pv10.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186&lgl=no-infinite

With the information shared in the October presentation Falcon appears to be in a position to complete the descktop studies and invoke the PV10 approach to valuing the asset/reserves; especially in light of the statement "average of 126 BCF per section"  Unless that is only being applied to one well area of research, and it may be; but, the way it is presented, it appears to suggest that this average estimate is across the permitted areas....Nevertheless, the basis is there to value and finally allow us long-term shareholders some return. Should they finally announce an asset/resource value, and I believe they can with the information they have gleaned with Sasol and Origins work......the valuation for the company would be eye opening to say the least.