WOOHOOOO Mid May is approaching... Does anyone have any knowledge about the news cycle that should follow schedule below. For example should we expect an announcement shortly about Rig 185 being recommissioned?

The beginning of Falcons rise has hopefully arrived :-)

rap2

2016 Drilling and Testing Programme - Operational Schedule

Preparations for the joint venture's 2016 drilling, testing and hydraulic stimulation programme are progressing and on schedule:

• Rig 185, commissioned from Saxon Energy Services Australia Pty. Ltd, has remained "warm stacked" at the Amungee NW-1H wellsite since November 2015 in order to commence operations as soon as weather conditions permit. Recomissioning of Rig 185 is expected to commence in mid-May 2016.


• Re-entering the horizontal Amungee NW-1H well is scheduled for mid-June 2016, followed by a multi-stage fracture stimulation programme to test the Middle Velkerri "B" shale reservoir.


• Civil works at the Beetaloo W-1 vertical well are expected to commence mid-May 2016 with spudding expected Quarter 3, 2016.


• The regulatory approval process for the drilling of the second vertical well within EP-98 is ongoing with spudding scheduled to commence immediately post drilling Beetaloo W-1 well.

I don't understand the impatience. They said it would take about 45 days and were in that range now. My guess is we see what you guys are asking for inside of the next week.

Impatience is simply pure stupidity to me. You are either in this for $1-$5+ share prices or your not. Most of us don't even care the day to day price of the stock as nothing matters until they drill. 1 year, 2 years, 3 years. Who cares. One should either be in it until we get drill results or out all together.

rap2

MO have you ever said anything postive about falcon? Why are you here again?

Rap2

No doubt that a penny stock could always go to zero... but I'm betting against that! Seems like a great time to pick up more. While I know nothing I'd say 0.085 is the low as that what it hit before it bounced to 24 cents last time if I remember correct.

The share price of the day always seems meaningless to me. I either believe in the stock or I don't. In this case I think it's worth the risk but I can look in the mirror and say I wouldn't be devistated if it went to zero. That's why I own the stock!

I'm Buying and in for the long haul ... TO Dollars or to Zero :-)

rap2

Motion seconded...