The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Fitz. How many shares are you holding in Mosman?
GE would be in London to talk to MMM who are a UK listed company. More chance of finding Lord Lucan in London than anyone connected to Mosman. Just look at the GRV news feed for news on ep145 or lack of it and you will also see the company is eerily and uncharacteristically silent
GE are in London expect news this week
Not sure why anyone would be in London. Mosman is not a UK registered company. They are based in NSW Australia and all the abuse in the world doesn’t change the most likely scenario based on the history of the company in hand. Its a hopeful punt and nothing more as all AIM companies are. If it turns out as Mosman say you get a bit richer quicker. If not as has been the case for the last 10 years the you lose a few Euros
Fitbrokerspal is likely a paid deramper. Referring to the time *before* an estimated completion date as “a delay” should be a clue. As should the try-hard nonsense he writes daily. What a life.
Spreadex? Put down the crack pipe, you're dribbling.
IMO greenvale are in trouble no news on any projects for six weeks by far their longest news hiatus in many years. Mosman despite the value of the helium prospects no institutional investment of any kind minimal director participation just token pocket money at a heavy discount from them. Yesterday wreaked of spreadex dumping discount shares only 12 trading days to the latest jam tomorrow deadline. The next RNS of excuses will decimate the SP to new all time lows (if that happens) March 29 is the best bad news day on the calendar for the shister companies after all. Theres always a chance but length of the delay points to serious problems.
Why are you here? You add nothing and are clearly nothing better than a boring deramper as you are elsewhere. What a sad person you are.
One of Greenvale or Georgina Energy are in London ....or both, trying to find out which......
It's happening tomorrow good luck everyone
Whose money buys all the stock to pump for said placement? Why spend all that money to then dilute yourself and give the stock a bad rep?
All monies refunded plus $160,000, no capex and approx $300K per quarter coming in anyway. Then there will be the rise in SP....no placing, but you knew that anyway
Seems to me all ducks are lining up,much coming here IMHO keep ones eye on this share... Small mcap, lots of posotives... Onward and upwards for Mosman oil and gas... Imho
They just did a placing. All cash being spent will be refunded on sign off from NT Govt. Once thats in place, no new large cash demands. Pathetic.
Cancelled trades now appearing from the earlier rise naughty naughty
Absolute crap, back to boiler room school for you
Fingers crossed on this being a pre news rise but pumping into forward selling is the also a possibility with mosman they need money for the new commitments and would be more successful pumping to a placing now than waiting until the 31/3 deadline is passed. So easy for them to drop 3bn into the pump over the next 3 days. Easy money for the chaps at 0.012 ish.
@tradedesk - thank you for taking the time to reply.
@mytwocents - yes, they should sell Stanley and Cinnabar asap. The Helium is where the action is.
@Tame2017 - it is worth whatever the market is willing to pay for it during the build up phase. Like with Pulsar and HE1 the shares hit almost £100m mcap. Mosmans licences are in the prolific Amadeus Basin with Helium shows of of 9 & 11% at Mt Kitty & Magee and other surrounding plays. Australia is a safe jurisdiction and there is also infrastructure in place to pipe the Helium.
If they strike Helium in commercial quantities and commercial can be as low as 0.2% and the flow is good to great then there is no telling where it may go. North of £100m given HE1 recently tagged £91m on 4.7% Helium shows.
Greenvale
Before Brinsden spent seven years building and then nursing Pilbara Minerals’ Pilgangoora lithium mine through its difficult early years, veteran geologist Neil Biddle led the company.
It is believed that Biddle was the first person to mention the world spodumene on an Eastern States roadshow when talking about the Pilgangoora discovery.
Lithium was unheard of as an investment class at the time, which is not all that long ago actually.
Anyway, Biddle’s early adoption of lithium as an opportunity for the then-junior Pilbara Minerals – it’s now worth $12.2 billion – was not a one-off event.
He is a serial opportunist, something that is playing out at his Greenvale Energy, currently trading at 8c for a market cap of $32 million.
Greenvale’s main go is a torbanite project in Queensland that could be the import-replacement answer for Australia’s bitumen needs. Who would have thought?
The project is still being worked up but potentially at least, it could be a nice earner for a company with Greenvale’s modest market cap.
Not content to be investigating torbanite alone, Biddle has now added helium and (natural) hydrogen to the Greenvale story by picking up a 75% interest in an advanced project in the Amadeus Basin in central Australia from AIM-listed Mosman Oil & Gas.
The project comes with a big prospective resource base. Natural hydrogen has the greenest of green credentials compared with the energy intensive alternatives while helium is in a class of its own because of its particular attributes, and its myriad growing high-end uses.
The initial focus by Greenvale will be on seismic work on the gas accumulations, followed by drilling. End users will be watching given the current dominance – in an under supplied market – of Middle East and Russian helium supplies.
Get it back to half a penny then over a penny and then lets really move north.
@tradedesk
apologies - these calcs are well beyond my ability ! How would this translate as potential impact to Mosmans SP pls ?
From there resources. There a listed entity so can also access capital if they require to do so.
The farm in gives Greenvale 75% working interest and Mosman 25%, but for that they free carry Mosmans interest. Greenvale will pay $2m for Siesmic & $5.5m for the drill. The farmout alone is worth $10m, essentially giving Mosman a free crack at 25% of $13.2 billion which is about $3.3bn to Mosman.