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Are we drifting until next news in June?
Maybe some profit taking
Itās just a little blip š¤
10% why?
Mmm have RNS'd their finals but nothing new caught my eye..
https://www.lse.co.uk/rns/MMM/final-results-fduxwwy3framkqw.html
Canāt buy anyā¦ tick up coming
Started: TK44, 21 May 2024 08:45
Last post: TK44, 21 May 2024 08:45
Mcap approx
0.02 = 2.5 million
0.04 = 5.0 million
0.06 = 7.5 million
0.08 = 10 million
0.16 = 20 million
0.32 = 40 million
0.64 = 80 million
1.28p = 160 million (my target)
For the rough calculations of 3.2 billion for our stake.
News is expected first(may be this week) fac approval and RTO?
Last post: hythe1, 20 May 2024 18:11
Iām surprised that our board isnāt an awful lot busier considering we are in excess of 30% up since the opening bell last Thursday
Finally decent sentiment now and lots of positive cash generative news due imminently
Started: tiltedJohn, 20 May 2024 10:53
Last post: PRgrowth, 20 May 2024 12:40
I would expect a production flow update for Cinnabar (5 day) after the re-completion and the installation of pump jacks - thatās the operational method they are following. The development of Stanley is a success and only benefits the portfolio and strategy. Win win, lots of news to followā¦
Looking good here IMHO
Couldnāt agree more. Canāt wait for June production update. Plus all things helium.
It's all there to see, just amazed how slow the market has been, caught sleeping for sure.
this is just the start IMO
Last post: missilee, 20 May 2024 10:34
50 million buys @ full ask 0.0240
Last post: missilee, 20 May 2024 10:32
Nice to see itās moving north
No crazy appointment for them
The quarterly production numbers are going to be +19000 boepd, this invested in the re-completion of Cinnabar will generate the Helium play - an inception point for this minnowā¦
Good to see they are moving things forward. Just on the traction hex got recently. May be worth taking a punt on ipo. Is it open for general subscription?
You +8% now. Ticking up to 0.024p on the Ask. Chart looks very bullish. A hugely undervalued helium play here. The world is running out of helium.
Botham wonāt be happy.John Barr joining GRV
Started: lloydyboy, 16 May 2024 16:32
Last post: skier1, 16 May 2024 16:51
And half-a-billion shares traded here -- double the normal daily volume. Higher price + higher volume = more bullish signs.
A close above 0.02 didn't see that coming over the last couple of sessions. Small win, long hold.
Price ticking up to 0.022p on the Ask, it's highest price since last year. Chart now starting to look very bullish. Upward bowl forming.
Wonāt be too long. Could be great.
Started: Radika, 16 May 2024 09:56
Last post: jme1976, 16 May 2024 13:44
Dropping back, need news
And just gone to 13% upā¦ā¦.
2X100k Definitely buys
At 0.019 they certainly look like buys
Buys imho... You wouldn't sell at the moment imho
PREM have 29billion in issue
We have way too many shares in issue.. does anyone know if the company plans to address this?
1.EP145 land approval
2.EP145 environment application approval
3. EP145 start of seismic
4. EP145 timing plan
5. Potential sale of Stanley
6. Cinnabar workover
7. Potential rebranding news / communications
8. Georgina Energy FCA confirmation
9. Georgina Energy RTO date
10. EP155 details to confirm change from application to permit use
11. Quarterly figures
12. HIVE interview 17 June
13. Proactive interview 19 June
Started: Botham, 15 May 2024 12:17
Last post: Botham, 15 May 2024 12:17
Started: jme1976, 15 May 2024 11:33
Last post: jme1976, 15 May 2024 11:33
Started: dormanlong, 9 May 2024 08:42
Last post: hythe1, 13 May 2024 13:46
Re rate. We will get an update in June for oil production. The signs are that it will be v good. Also expect more news on EP145.
When do we think the long overdue re-rate will happen here? So much recent good news but no movements from the share price!
@Fitbroker - take a look at the 3 month chart - looks pretty ok to me
We have not even started here
Neil Piddle has actually not sold a single share. The ASX notice states "Dilutionary impact of ordinary shares issued under the placement to Pioneer Resources Partners LLC " and a transfer to a related entity. A transfer not a sell. What does it take to stop your daily fix of de ramping?
You clearly have lost a lot of money and like wise as I have as a long term holder am also under water heavily, but would appreciate you stopping this daily crusade. You are not doing your mental health any good. Go and take up another more mentally stimulating hobby.
Well said. Looking forward to June update. Could get interesting.
Started: Alamin79, 13 May 2024 13:32
Last post: Alamin79, 13 May 2024 13:32
@fitbrokerspal aka aimless1 in my 15 years of trading I have never come across a troll like yourself.
If you are going to make it your life mission to destroy a company's reputation just because you lost some money you are mot mentally fit to trade. All these day's you were posting under your other aileses aimless1 saying a placing is imminent until the company made it clear that funding was not necessary. In the last 4 months you have been deramping this share my investment has grown by 8k, so do yourself a favour and go and see a psychiatrist.
Started: Botham, 12 May 2024 11:04
Last post: skier1, 13 May 2024 08:45
What MSMN need to do is change their company name to "Mosman Helium". The world is running out of helium. Any firm with a helium play is hot š„
Ans even more surprising piās are selling
Or HE1... but that was a paid ramp for weeks and weeks madness.
Surprised there are not more people here for this one. Helium is a (very) hot investment topic. Look at how much HEX has spiked recently on its helium play.
Ep155 has differing valuations along the way hence the confusion.
MMM's website gives a valuation of $38.51 billion for the helium alone.
Successful drilling end of year in either basin is what we need imho.
EP155 Mt Winter: Amadeus Basin
"With seismically defined closure based on CPR 2U calculations of 3,400 acres, nett attributable Prospective (recoverable) Resource volumes to the Company of Helium are 111 BCFG, Hydrogen 102 BCFG and natural gas 0.91 TCFG with respective in-situ values of US $38.51 billion, US $0.62 billion and US $2.72 billion."
Started: nice1, 8 May 2024 22:40
Last post: nice1, 8 May 2024 22:40
Now we wait for Cinnabar update
The decision was made to perform a recompletion prior to installation of artificial lift (pump jacks). This is expected to take place in the current quarter and this workover will be funded from cashflow.
Date you and Botham seem to have been heard a long time, well researched. I hope it works out well for all invested but you never know with AIM shares
Companies are valued at 6x for argument sake ill value it half that.
we have secured Aud$7.5 million from Greenvale alone convert to pounds Ā£4 million for seismics and a drill. Value Ā£12 million in mcap
Our US company we have Stanley, Greater Stanley (34-39%), Cinnibar with reserve reporr of 1.59 million barrrels(75%), plus Arkoma 29% , winters and livingston. Min Ā£2 -5 million
Value at Ā£6 million mcap
GE energy rto.. Value at 12 million our 25% stake worth Ā£3 million mcap
So Ā£12mcap (helium) + Ā£6mcap (US oil and gas) + Ā£3 million mcap (Helium) = Ā£21 million mcap = 0.16-0.17
Missed yesterdays' RNS - so we have also been paid by Greenvale
Iām expecting some great production figures in the June update. Am hoping EP155 will materialise. And canāt wait for the next update re operations in Aus. So yes, this share could rocket in the not too distant future.
Yes yes yes REALLY SANTIAGO666
Started: Troajan, 7 May 2024 14:37
Last post: Troajan, 7 May 2024 14:37
The RNS wording doesnāt align with the March production numbers. It seems to confuse the Stanley project with total project numbers.
āMosman ā¦. provides an update on its Stanley project in the US (34.85% to 38.5% WI) where the recent gross production has increased 84% to circa 221 boepd (30 day average flow rate in April). This is a material improvement from the recently notified March quarter gross average flow rate of 120 boepd.ā
In the March production update, issued 10th April, gross Stanley production was 5,583 boe, which is 61 boepd gross - 22 boepd net to Mosman.
The March gross for all projects was 10,745 boe, which is 118 boepd ā I guess this is the 120 boepd referenced in todayās RNS.
Also in the April 10th update, āStanley-3 was successfully recompleted and produced strong gas flows, allowing gas sales and this well is now producing oil and gas.ā
It is that āmaterial improvementā from Stanley-3 which is being reported today. For the sums, letās apply that to the March production numbers. 221 boepd x 91 days = 20,111 boe. Apply the increase to Stanley, which is an assumption, 20,111 minus 10,745 = 9,366 boe, or 37 boepd net increase on Stanleyās March reported 22 boepd.
Stanley project, net 59 boepd run rate through April. In the March quarter 76% of production (boe) was oil (bo). The note on Stanley-3 suggests a higher contribution from gas in April.
In the past, the initial flow rates after a work over have declined rapidly. The production numbers for the June quarter , including May and June will be more representative of the Stanley-3 contribution.
Though it is the revenue and profit $$s, rather than boe, that matter most, and they wouldnāt be revealed until the final accounts released around Nov.
*Good to see a 7am release, giving people a chance to review the text ahead of opening. I hope someone can confirm my interpretation - in case I've make a complete fubar.
Itās out on ADVFN. Will wait for the June update but am hoping we are at break even or better.
Started: tiltedJohn, 7 May 2024 08:09
Last post: BaffinsMafia, 7 May 2024 10:29
Shame it's not out over here
Started: BaffinsMafia, 7 May 2024 07:42
Last post: aimless1, 7 May 2024 10:02
Blue boom haha.
Static SP more like. Sell now and invest elsewhere this share is a lost cause.
On todays oil price, if they managed to deliver that for a year itās Ā£6m quid. Or am I wrong?
I hope you have averaged down Baffin
Yep itās hard to get excited for me. I bought a five figure sum a few years back and itās just crept up over Ā£1! I might be waiting a little longer to break even. Classic AIM rubbish :)
Thebold I think itās 1/10 of a penny more like
Started: tiltedJohn, 7 May 2024 07:47
Last post: tiltedJohn, 7 May 2024 07:47
160k received
Production up 84% at Stanley. That is massive.
More to be reimbursed 100k invoiced
Another 55k
So it's all systems go for our helium and hydrogen projects .
Get in there!