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Good old Baffins, been pumping this since the dancing squirrel days of 15 + full pence , SP today 1/5th of a penny…
I feel another blue day coming here, imho, the fun are getting stronger and stronger, it's in black and white for all to read... This share is only going one way... Way north of this share price imho...
Brilliant news showing 7.89% on open already
Agree with general sentiment. Good update and nice start to the week. Noted they received their $160K from GRV too.
Another good update from Mosman. This adds more value to the sale of Stanley, the Stanley sale is just over the horizon, some will struggle to get back in at these prices.
... never done it before. But this is our year... maybe today will be the catalyst for a meteoric rise to 100m MC similar to HE1!! Good luck all holders! Here we go ooo!
It’s all coming together nicely Mosman Oil and Gas Limited (AIM: MSMN) the hydrocarbon, helium and hydrogen exploration, development, and production company, 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.
Good RNS only way is up up up
Https://www.londonstockexchange.com/news-article/MSMN/production-increases-at-stanley-ep145-update/16456106
Mosman Oil and Gas Limited (AIM: MSMN) the hydrocarbon, helium and hydrogen exploration, development, and production company, 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.
This significant increase has been achieved following a recompletion of Stanley-3 which is now flowing oil and gas. The Company will provide details on production at all assets as part of its June 2024 quarter update.
In Australia on EP 145, the A$160,000 payment, which was due upon completion of the previously announced Farmin Agreement with Greenvale Energy Pty Ltd (ASX:GRV), has been received as expected. Additional prior exploration expenditure amounts of circa A$100,000 will be invoiced and reimbursed under the terms of the Farmin Agreement. In addition, an environmental bond of circa $55,000 will be cashed in.
Andy Carroll, CEO of Mosman commented: "I am pleased that the continued work on the Stanley project is now achieving stronger production numbers, which improves revenues and is a pre-requisite to sale of the asset in the future. This combined with the progress made in Australia, with the completion of the EP 145 Farmin, moves Moman into a more robust position with a strengthened balance sheet.
Probably drop 😅
When ipo happens what should be realistic share price? NOT stay same would it?
Thank you Botham
Radika we are waiting on a RNS from MMM to announce FCA have approved the prospectus for the RTO to happen. Expect it this week.
What has happened to.that? Excuse my ignorance
I don’t think they have to announce it has it has already been mentioned before and it a small amount - only need to announce if there is a material change that could substantially impact its share price, in order to ensure the market is properly informed.
Funding situation @Mosmanoilandgas At 0.025 there is £500,000 for warrants to be exercised. Which further strengthens the company’s cash position #MSMN https://twitter.com/Share_Talk/status/1786414072696602716
Thank you John
Monday is bank Holiday so Tuesday hopefully. They have to RNS when they receive the payment otherwise they are in breach of AIM rules.
Today
Rubbish, 5 working days from RNS is latest Monday, expect RNS earliest Monday, more likely Tuesday but who knows maybe it will land later?
You are like a unflushable turd
They had 5 working days from Monday - so where is it? Tick Tock.
I don't think they're going to pay it, project is dropped, and then this share will really be in the mud.
£85000 should be in next few days.
Best of luck with MSMN, Andy Carroll.
You all do know that Directors' emoluments last FY amounted to £500k, the same as in 2022, which is around 20% of the entire MC of the company. Oh, and the annual loss of circa £2mn gets covered by placings of that amount, each year, by the suckers who bailed out that crumby old board.
Carroll has a truly uphill task to deliver net cash flow sufficient to avoid placings in the future, despite the rosy coloured rhetoric coming out from his soundbytes.
Time will tell.
Looks pretty promising to me. Permit. Funding due soon.A large and potentially prosperous area already with a bit of testing done and the only reason to be here for some time. US never looked that great.. Notice one of the posters mentioned took profits a few days back. The other is just a critic for now anyway. Once action starts I suspect this will buzz.
Clearly aimless and fits have no clue spouting off as if they know what is going to happen next know nothing, great to see mosman move on in Oz not like aforementioned , if they can sell on USA assets to source next drill and. Progress Oz all good no matter what others would want you to think , dyor awe ra best sweaty