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-Think

Talking about fair value, which I suppose is basically only the amount someone's prepared to pay for something and that has very little to do with "fairness" I wondered if there are any comparable companies to Falcon and what they are trading at? I realise that there are no other companies with similar assets in the same 3 territories as Falcon but some kind of benchmark number would be interesting to know.

Another question I'm hoping someone has an answer to is whether when the SA permit comes through - will this just apply to those companies that already had their permits before the moratorium or to anyone? Either way the SP should get a nice boost but even more so in the first scenario.

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