my research has come accross an article "proactiveinvestors UK" oil column - Falcon Oil & Gas investors due a Beetaloo boost. (jamie Ashcrft) Goes on to read about some bloody good activity & potential. SNV holds a 10% interest in a company called Paltar Petroleum (carrying value $1.7m) which also holds good ground in the same Beetaloo Basin NT area -
the numbers they are talkikng about in this article could suggest a value of up to $10m +. Good read. Could add significant value to the company considering it is only has a market cap of $1.2m.
no position yet
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