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: Falcon Announces Completion of Private Placement

So John, you alluded a while back that the Chinese agreement may have been leverage to negotiating "from a position of power" (my words) with potential JV partners...sure would have been a huge shame to still issue ALL that additional equity (dilution) once Hess agreed to sign on and take control of the Beetaloo project...do you think was a ruse all along and it's panned out exactly as the BOD had hoped?

After all, backing out of such a big deal for "foreign exchange reasons" seems pretty weak...but genius if it was all by design.

LP

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