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Link: https://charlesstreetsecurities.co.uk/Resources/Georgina%202.pdf
Pg8/24: " Two wells MAGEE 1 & MT KITTY 1 drilled to BASEMENT in the Northern Territory portion PRODUCED GAS TO SURFACE on test with 6.2% & 9% HELIUM with gaseous hydrocarbons & relatively high levels of nitrogen. It is considered axiomatic that the sub-salt HELIUM PROSPECTIVITY OF THE M T W I N T E R S project area is REMARKABLY HIGH."
Pg 11/24: "EPA 1 5 5 MT WINTER STRUCTURE POTENTIAL VOLUMICS: As previously noted, MT WINTER #1 REACHED A TD OF 265O m. Pg 15/24: HELIUM CONCENTRATIONS REPORTED AT MAGEE 1 & MT KITTY 1 RESPECTIVELY WERE 6.2% & 9% & THE GEOLOGY APPEARS VERY S I M I L A R AT M T W I N T E R .""Helium BCFG at P10 [864], P 50 [75] and P10 [8.6]. There is a NOTE section with some details - pls read.
Pg 18/24 also provides THE MAP OF MSMN'S EP 145 AND EP 155. This short page gives more info on the nearby MEERENIE OIL AND GAS FIELD. Pls note disclaimers as norm.
Reference: Hotcopper via Pokerface, 21.10.23 on Greevale Energy, ASX [Mosman Oil & Gas JV Partner 75%/25%]
Link: https://hotcopper.com.au/threads/helium.7648702/
"Quote: Probable reserves of 25 Bcfg. I wonder what that equates to as in ground reserves? Anyone got a big enough calculator.?" Gobris on 14.11.23 replies: " PF pointed out that the in GROUND VALUE OF OUR RESERVES COULD BE AS HIGH AS AUD$ 180 BN."
MOSMAN OIL & GAS : " 2 huge helium assets: Both assets free carry JV. New presentation to reveal the next steps.
"EP 145 --- 26.4 Bcfg
EP 155 ----75 Bcfg"
Link: https://twitter.com/stevienics/status/1748716568584826881 Jan 20,2024 with screenshot.
COMMENT:
Both EP 155 & EP 145 farmed out to Greenvale Energy of ASX & Georgian [EP 155] are in the AMADEUS BASIN, Australia.
Both are NEAR and "ON TREND" TO THE THE MEERENIE OIL AND GAS FIELD of which the CEO of Mosman mentioned today in his presentation of 24.1.24 in that the Meerenie Oil & Gas Field is undertaking potential HELIUM production etc [please check the vid].
EP 155 is MUCH LARGER a potential at 75 Bcfg vs EP 145 at 26.4 Bcfg.
MOSMAN OIL AND GAS AMADEUS BASIN, AUSTRALIA.
From their website, details about EP 145 [2 wells drilled] & EP 155 ]1 well drilled]. Link: https://www.mosmanoilandgas.com/amadeus-basin
MOSMAN OIL AND GAS MKT CAP: £1.36 million @0.16pNew AIM rules states that new co's that come to AIM must have a minimum of £6m mkt cap ? Risk reward interesting?
HotCopper
GRV (ASX) Helium
Global demand is currently around 6bcf per annum, and constrained by supply. Demand is reportedly set to rise to 8.5bcf ( refer recent announcement)....
Mosman Oil & Gas Presentation by CEO, Wed, 24 Jan 2024
https://twitter.com/InvestorMeetCo/status/1750111207447523662
At the 8:25 mark, EP 145 & EP 155, Amadeus Basin, Australia. The MAP shows the Magee 1 and Mt Kitty with 6 & 9% HELIUM. Outside this field , HELIUM is at 0.22% & 0.15% [all in yellow flag].
CEO, MSMN "believes they are in the right place. Two permits [MSMN -CEO means EP 145 & 155 - well TESTED WITH HYDROCARBONS, infrastructure - DARWIN helium, exported. Hope SANTOS will drill but delayed - drill deep wells in 2024. CEO talks of Greenvale Farmin 75% & MSMN 25% [£7.5m to be spent]. CEO also talks of Georgina farmin EP 155 with MSMN.
"Main focus, Australia. Q & A: From my recall , CEO MSMN said that the MEERENI OIL AND GAS FIELD HAS BEEN PRODUCING FOR 20 YEARS & THEY ARE LOOKING TO EXTRACT H E L I U M from Meereni [Central Petroleum ,ASX had issued a RNS in Aug 2023 on this and I have read it]. CEO, MSMN also said that typically upon results, the uplift is $50m [not sure if US$ or £] --MSMN is currently MKT CAPPED AT £1.36 Million @0.16p. From the map MSMN E145 [Greenvale farm in with MSMN] & EP 155 [farmin with Georgina] , they are "on trend" with the MEERENI OIL & GAS FIELD.
It is all over the news, that shortly there will be NO MORE HELIUM PRODUCTION IN AUSTRALIA [Amadeus Basin]. So, demand for helium locally is needed. Globally, helium is not easy to find and supply is needed.
On Hotcopper, Greenvale: https://hotcopper.com.au/asx/grv [MSMN partner], one can read the relevant on EP 145 .
Greenvale Energy issued a RNS similar to MSMN yesterday but the difference is the wording which Greenvale used vs MSMN ie last sentence as to when the NT govt will approve the farmin etc. The Greenvale RNS of last night is on HC to read and check.
X (formerly Twitter)
Investor Meet Company (@InvestorMeetCo) on X
Couldn't make today's live presentation with MOSMAN OIL AND GAS LIMITED? #MSMN
No problem! Catch up here: https://t.co/pR4TdyjpMi
Interesting to hear update relevant to GE RTO
https://www.lse.co.uk/rns/MSMN/notice-of-investor-presentation-7kstt2pkwlq8mo5.html#:~:text=https%3A//www.investormeetcompany.com/mosman%2Doil%2Dand%2Dgas%2Dlimited/register%2Dinvestor.
Sorry for being stupid. What do I put where all the dots are?
who you go mark *************georginaenergyplc
A someone please DM me the telegram chat link. Thank you
Couple of old presentations worth a read
https://charlesstreetsecurities.co.uk/Resources/Georgina1.pdf
https://charlesstreetsecurities.co.uk/Resources/Georgina1.pdf
*************georginaenergyplc
this is a reactive one already set up
*************georginaenergyplc
https://web.telegram.org/a/#-1002059171131:~:text=https%3a//****/georginaenergy
apologies it is now available in the public domain
sorry does this work *************+p_yjamdb9bxhodhk
Link doesn't work for me!
In anticipation of the RTO happening in the new year I have set up a telegram group
https://web.telegram.org/a/#-4011828658
£5m funds to be raised for work programme @ say £1 per share, adding 5m shares to current share issue & warrants gives 54,216,666 shares after raise. If brokers note is a guide, then base £127m market cap, gives £2.34 per share? Not sure its correct, but someone else can have a stab at it.
What share price are people expecting when this RTOs?
Waited this long so happy to sit it out as looks promising and is full listing
Are we realistically waiting another 2 to 4 months?
The FCA will review a number of versions of the draft registration document and/or prospectus and provide detailed comments and raise points for clarification by the applicant company's advisers. The FCA will also need to receive an application for the admission of the securities to be included on the Official List, the final FCA-approved registration document and/or prospectus, and written confirmation of the number of shares to be allotted. The LSE will need to receive, among other things, an application for admission to trading, an electronic copy of the FCA-approved prospectus and written confirmation of the number of shares to be allotted.
The FCA must approve the registration document and/or the prospectus. The advisers will submit a draft document to the FCA, who will then comment on it. The advisers and the applicant company address these comments and submit subsequent drafts until all of the FCA's comments have been addressed, at which point the FCA will informally agree to approve the registration document or the prospectus. The advisers will then arrange for the finalization of the registration document or prospectus for the FCA's formal approval. Where the applicant company prepares a registration document and a subsequent prospectus, the FCA will need to approve both documents. The FCA approval process generally takes approximately two to four months. Following FCA approval, the registration document or prospectus may be published.
How does it take for FCA approval ?
Let's not rush though but great to see...
A recent Mosman Oil and Gas presentation (note the link below) provides more detail regarding the EP 145 (West Walker) JV deal with Greenvale.It starts with page 10. Interestingly, Mosman made another deal with a private company for EP 155 which appears to hold potentially 4X more hydrogen and helium than EP 145.
www.mosmanoiland gas.com/sites/default/files/2023Nov Presentation.pdf
Helium supply shortages should be addressed by 2027.Global helium long term production prospects this month significantly improved after the announcements made at the Helium Super Summit in Houston. Qatar Energy confirmed its LNG Helium plant #4 should be online by 2027 and its Helium 5 plant to begin afterwards. Both plants are copies of the successful Helium 2 plant. This project should add significant capacity to global helium production at six-nines purity (99.9999%).It will be capable of producing 1.5bcf annually equal to nearly 10% of global helium current production. More specifically,Helium 4 will boost Qatar Energy LNG’s helium production capacity to 4.1bcf annually from 2.6bcf while Helium 5will further boost capacity to 5.6bcf once it comes on line. Additional helium production could come from Russia's Gazprom’s Amur Gas Processing Plant once management resolves the multitude of commissioning problems faced to date.
I think for now it’s just you and I on here. Hopefully others will chip in.
What are people's thoughts on timings to relist and expectations for shareprice