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I would like to see this to at least 0.2p that is just over 10 bagger
Wouldn’t be surprised to see 20-30% this week
MSMN have two JV's EP145 expecting NT Greenvale Energy transfer approval any day and EP155 with is farmed out to Georgina Energy, who struggled to raise finance, but are now in the process of doing a main market listing (not AIM) RTO into the Cash Shell MMM (Mining and Mineral Metals) the race is on for which FCA approval or NT approval is first. Both will have a huge positive impact on Mosman. EP155 is 4 times bigger than EP145.
MMM have 8 shareholders accounting for over 75% of the share capital. A number of these are Investment Groups who I would anticipate will be providing the required funding for Georgina Energy.
Robert Allen Papiri 25.27%
Michael Sobeck 19.44%
Moshe Capital 9.98%
Tangiers Investment Group LLC 7.30%
Matthew Bonner 3.43%
Paul Welker 3.43%
Eric Dyer 3.12%
VSA Capital Private Investments PLC 2.58%
Thank you Botham
Whilst I personally can't guarantee anything, the response this week was final payment being made and expect approval within 2 weeks.
Both am is it definite JV will be completed before Easter ?if so this should multi-bag
Apologies for my ignorance again, but Georgina were supposed to be listing “imminently” through their own IPO when I last looked in here early in 2023. I’ve tried without luck to reason out why that didn’t happen - can anyone help me? Thanks
Just a couple more observations on these accounts...
They were signed on 29 January 2024
On Page 5 under "Review of Operations" they signal that a listing is expected to take place in the first half of 2024.
But
On the very last page under "Timetable to listing" they signal the aim is to complete "by early 2024"
I notice that Georgina only filed their accounts for their year ended 30 April 2023 a couple of days ago, and wonder if this might have been a requirement holding up FCA approval? If so, then clearly that requirement has now been met.
https://find-and-update.company-information.service.gov.uk/company/11954589/filing-history
Looks like we’re moving
Blue days ahead imho... Lots to come... Wouldn't be out of this over the weekend.. Imho
Courtesy of @BarrRemove8283 on Twit
News in March relisting of MMM - publish prospectus in public domain, call EGM, issue of enlarged capital & name change to Georgina Energy. Post RTO comms & announcements. Transfer approval of EP145 to Greenvale Energy. Interviews for GE, Greenvale and MSMN.
Correct Mark CEO Greenvale Energy. March will see both JVs complete, huge double catalysts. Massive upside before Easter. What other AIM company is valued at £1.8M with two Heliums JVS with billion pounds CPRs with both JVS set to be to come completion before Easter.
Hi Botham - apologies for my ignorance, but am I right in thinking that “Mark” is the Greenvale CEO, and the “final bill” relates to some NT cost associated with the approval?
Fitbrokers pal working overtime with the fud—look at him go 🤗
News imminent.
GLA DYOR
Response from Mark today "final bill expected anyday and completion expected in two weeks"
GRV down 18% in the last month ASX traders are not seeing the value and are probably not impressed with their very different definition of the word imminent. Starting to look like there a problem with regards to the ministerial approval to me. Could be a technicality in relation to the application which wouldn’t be a surprise with mosman involved. But soon the delay will have to be addressed by the applicants the clock is ticking now especially for mosman
Thanks Botham. Your input is very informative. Thanks again
Northern Territory needs to approve transfer from Mosman to Greenvale Energy to become operator of EP145 as part of the farm in.
Jme what is NT approval? I am new here
After 9 years of waiting genuinely believe both approvals will happen in March.
Red flags flying heading into march when approval was imminent almost 6 weeks ago only 21 trading days until the JV comes into question. Georgina originally said production this April for ep155 so these timescales are almost always fanciful. Mosman will not get through April without confetti canon going off again
You still coming out with you know what is happening ikhan but nothing you say happens.
Golden rule of small caps the longer the delay for “imminent” news the greater the odds of that news being negative
Now they open the spread. 15-18. , Rns logged