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Totally agree lots of good news to come. Ridiculously cheap share price.
And the drilling at Stanley should follow.
OPEC+ meeting on Thursday to extend cuts. This could push oil into the $40 rang.
@ $38 next stop $40. Gla
Price of oil does matter to Mosman like any oil producer the higher the more
Profit we make simples the less we need a placement .
People for years have downplayed mosman for producing very low volume we never have been a middle or large Oil producer but from small acorns mighty oaks rise.
Our time is coming again the mms took the rip out the last rise I am not interested In short term traders view, giving infantile commentary of their trading positions blow by blow During a day .
when this is in the pennies and it will be one day that is when I will rejoice and take my profit, at that point i will not gloat and declare how I got something right!
because it will be years hard earned with all the pain along the way as a long term holder.
Good luck fellow LTH keep the faith our day will
Come , remember don’t sell cheap you have sacrificed much and take profit when you are clear
Of your average.
Short term traders fair does you are
Making money at these levels and are needed to take the share price higher , it does feel this share is trading freely In the first time for a while so as before an consistent buying should see a reasonable
Maintained rise, hopefully the balance changes to more buying than selling so
Gla and let’s look forward to better times.
I disagree with your view and you seem to have an agenda on buying around 0.1 even a point up is 10% and you know it moves fast once it gets going.. Wti at 36.39 and Brent at 39.41 profit at teens for Stanley. From $19 to the premium we get we seem to be in a better position than shale producers. Sp is clesrly driven on news and sentiment and not value.
Short term share price is not so important. We are waiting for positive news. Brent over 39 dollars a barrel today.
Could the seller be out!!!!
700k in the bank and Stanley 4 to be drilled soon, which should be a great one. Any further farm-out news will see the share price fly. Definitely one of the top shares to be in for long term holders.
Agree nice it's the potential we are investing in and not when's it's realised.. The comments today about valuation we all know that AIM is not based purely on valuation there are companies out there with debt and producing nothing and running on thin air that have a mcap of multiple of what they are actually worth. We are at 1 million mcap that is a joke in itself.. Ironside has added a few now with a view to sell at his price of 0.15-0.17 fair play to him but 0.2 is approx 2 million mcap plus our shares will be reduced by 42 million. We have 317k of Blackstone money they owe us plus Arkoma is worth a good chunk now and WTI is above 35.4 and Brent at 38 ++ Stanley 4 let's use the money to increase stake and get moving. Rig rates are cheaper now than before savings from that end. As a company we should be valued at around 5-7 million which includes the potential in Aus. And if the JV is good with the Chinese 30/70 would be good as long as they got deep pockets plus give us cash upfront as the area is derisked by the Santos even though the drill did not reach its target. Shareholders need to support the company and get the sharepruce out of this range..we need steady gradual rises...seems like the sells today for t15 that people could not cover hence the sells but if they had bought in around 0.06-to0. 10 thst morning and not sold on the spike then they've made a few quid..
I actually feel there in a better place then other small caps who are valued at £5 Million and we are producing small amounts.
The Australian EP155 will cost at least $5 - $10 million once drilling complete.
EP145 will cost the same or more and is a multi tcf gas prospect with helium on top.
Stanley will increase and we have very low costs well the more wells the better for us.