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Started: tomhuk2000, Today 15:27
Last post: CODEFRED, Today 21:16
5 drills in US by end of 2024 so could start imminently, only shallow so will be quick
Also let’s not forget the Georgina Energy RTO
I am reassured by the scope and content of the presentation.
Key milestones for me moving forward are:
• Confirmation US Q2 production (July)
• Commencement of EP145 seismic work (August)
• Updating the resource model (Dec 2024?)
• Drilling in Colorado (by end of 2024)
• Native Title Approval for EP155 followed by other relevant approvals
Infrastructure available in AUS and US.
Relatively simple processing (hopefully).
Darwin has capacity to purify He which AUS needs.
Yes, He begins the presentation by stating the SP is so depressed due to poorly timed placings in the past. Then later goes on to identify clearly how each project is fully funded and is not in need of cash to move forward.
A strong indicator we are dealing with a new CEO who is listening to investors and has learnt from his predecessors past failings and will only use a cash raise as a very last resort.
Just watched the presentation. Was happy to hear that funding by Greenvale for EP145 isn’t an issue. All looking good here. Onwards
It will fly soon within few days as lots of buyer start taking position so, hold for gold:)
Not to buy… buying pressure… tick up soon.
Nice sized buys going through
Need to push above that 0.045 then we're off imho
NT to buy ? i tried to top up and none available for the moment
Maybe worth sharing some of our good news with our cousins at He1. We shouldn't keep MSMN a secret.....
Maybe it’s time to look at 3 yr chart snd reverse the trend to an optimistic investment as it was just the placements that dragged this down , LTH opinion .
GLA
Started: CODEFRED, Today 08:31
Last post: CODEFRED, Today 08:31
Nice to see website updated, nice succinct corporate presentation, well diverse plan, Fully funded, plan being executed and confidence in experienced leadership team, producing assets, Way way way undervalued.....
Started: tomhuk2000, Today 08:15
Last post: PompeyM, Today 08:25
No placing required. Australia needs helium coz it's home grown production fallen off a cliff. Fantastic time to get into Msmn!
Aside from the huge multi billion $ #Helium valuation, the key clip from yesterday’s @masterinvestor presentation was the CEO’s obvious distaste for cash raises & the damage they do to the SP.
He then explains conclusively how all #MSMN’s helium projects are now fully funded. 👍🏻
(Video clip in link)
https://x.com/redditdeluxe/status/1803683181016588507?s=46&t=IHEn1TE0c7FNFBktt6H8XQ
Started: bilbobagholder, 19 Jun 2024 21:44
Last post: bilbobagholder, 19 Jun 2024 21:44
Rally was due today. We’ll likely run to .05 imo—ceiling of a downward channel since Feb 2018. Break .055 resistance (ceiling of the downward channel since 2015) and we’ll see a macro trend reversal.
Very impressed with how dynamic Andy et al. have been. Steady news flow supporting growing confidence and interest. Should be 10X already but a substantive and sustainable rise preferred.
Have a good evening all.
GLA DYOR
Started: applebee, 19 Jun 2024 18:38
Last post: tariq4lyf, 19 Jun 2024 20:26
Remember to take profits all the way to the top!
This is looking very promising even for LTH. Next news RTO?
From what I could make out , all drills , all drills are fully funded.
Yes, I’ll repost this clip tomorrow on twitter as it’s very telling. He seems comfortable to concede past failings with regards to inappropriate or ill timed capital raises. Sounds very much like he certainly won’t be going down that avenue any time soon.
to bolster this, there was a slide dedicated to each asset and how it is now already fully funded.
From the presentation?
Started: tiltedJohn, 19 Jun 2024 18:13
Last post: tiltedJohn, 19 Jun 2024 18:13
Oh 😳 I see aimless trying to bring us down relentlessly.
Why?
There's no doubt in my mind, this is at a crazy low price. The potential here is ... I don't even want to type it.. but it's a thousand bagger potentially .. that's 🤣 crazy. But it's there..
Just look at the numbers
Started: Goldwater, 19 Jun 2024 16:16
Last post: tomhuk2000, 19 Jun 2024 17:35
Hi NCTRADE,
As you know, there’s been severe cost cutting of a total of 40% costs ( inc £245k per year saved in getting rid of John Barr just there)
Small cost effective helium focussed team, with oil revs increasing (cinnabar workover TBA too)
Both helium assets in Australia are fully funded through seismic and drills via free carry JV’s
New Vecta acquisition is to be funded from the $1.75m sale of Stanley.
As I’ve also mentioned, the CEO said in a recent interview: no raise for the “foreseeable future” (link to clip below.)
So no placing in the near term
https://x.com/redditdeluxe/status/1801245293754683882?s=46&t=IHEn1TE0c7FNFBktt6H8XQ
With each placing the company raises between £250,000-£300,000 and it tends to be every quarter.
The last placing was at 0.0125 in Feb 2024, previous to that was in November 2023 and before that it was in July 2023 for another £300,000!
I wonder if there is going to be another one due anytime now...
Cash position has never been as strong
As at 31 March 2024, Mosman had cash at bank of circa AUD$0.82 million.
7 May 24 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.
7 May 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.
4 June The funds from the exercise of the warrants of circa AUD 63,000 will be added to Mosman's existing cash reserves.
10 June RNS Sale of Stanley $1.75m
17June The funds from the exercise of the warrants of GBP circa AUD $77,000 will be added to Mosman's existing cash reserves.
18 June The funds from the exercise of the warrants of circa AUD $29,000 will be added to Mosman's existing cash reserves.
£500,000 of outstanding warrants are exercisable at share price 0.025, share price now 0.0425
Ha ha crap attempt at scaremongering
That raise was for EP 145 long lead items etc and those costs were refunded by GRV on completion (plus GRV paid add $160,000)
and Stanley sold
It was February that 300 000 pounds were raised They need to raise some more.?
Started: CODEFRED, 19 Jun 2024 17:08
Last post: CODEFRED, 19 Jun 2024 17:08
Launch of New Website and Corporate Presentation
Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development and production company, announces the launch of its new website: https://www.mosmanoilandgas.com/
Proactive Investor Presentation
Andy Carroll, CEO, will be presenting at the Proactive One2One Investor Forum in London tomorrow evening, 19 June 2024. The updated corporate presentation is available to view in the investor section of Mosman's website.
Further information and free tickets can be found here: https://www.proactiveinvestors.co.uk/register/event_details/445
Little volume and move fast so, if any good news drop after today's event...it easy multibag or atleast to 0.1:)
Production figures from Texas for sure.
Guys those who are posting and making a comparison with this and HE1 , need to stop misleading other investors .. He1 is a far more superior find and in the heart of africa ..
Started: CODEFRED, 19 Jun 2024 13:50
Last post: BigFoot88, 19 Jun 2024 16:15
Yes lots of news due here.. GE RTO could land anytime now
It's there an rns forthcoming or is it just improving because of the presentation? Basically is there any news due?
Can’t buy but can sell 50mil. In one go..another push up…. Come on MSMN.
I certainly wouldn’t want to put a figure on it but I can’t think it’s a penny or less
Hi. I’ve been reading the comments re future SP. 0.5 to 1.0. Surely if we have any success in USA with helium and success at either EP145 or 155 we are talking billions.
0.044 to buy
Started: tomhuk2000, 19 Jun 2024 15:31
Last post: tomhuk2000, 19 Jun 2024 15:31
Great presentation this lunchtime at Master Investor Forum for #MSMN
I particularly like this sound bite. 🔥
“In Australia our exploration is so well advanced, now we have a prospective resource, if you take that 26BCF of helium, multiply it by the current helium price, you get the remarkable number of $13 billion”
https://x.com/redditdeluxe/status/1803433159565901830?s=46&t=IHEn1TE0c7FNFBktt6H8XQ
Started: Ikhan1284, 19 Jun 2024 15:10
Last post: Ikhan1284, 19 Jun 2024 15:10
About to shoot up happy days RNs coming tomorro
Started: lloydyboy, 19 Jun 2024 14:34
Last post: lloydyboy, 19 Jun 2024 14:34
And are concerned in any way, watch that interview. Best of the day. Safe hands!!!
Started: CODEFRED, 19 Jun 2024 14:18
Last post: missilee, 19 Jun 2024 14:20
Yes sp will break 0.04p today or tomorrow. Looks like Near 04p sellers cleared. Full ask buys now.
Looks like we are about to break out of this range IMO ...
Started: Ikhan1284, 19 Jun 2024 13:29
Last post: Ikhan1284, 19 Jun 2024 13:29
Going to go crazy very soon as news about to hit the nation
Stockinvest - where does your $2m number come from? and is that before or after the 40% cost reduction? it is not just changing one Director for another, it is elimination of Executive Chairman cost and his Executive Assistant employee
Stocky, I was also invested in HE 1, Think its a good one, but the opportunity here for many multibags is far greater IMO, compare market cap here to HE 1 and tell me thoughts.... JVs, Govt approval, nearby infrastructure, active markets, producing assets, the list goes on, I'll refrain from promoting this stock on HE1 board though....
Out of interest are you invested here Stocky? Or is your presence on this board due to concerns that investors might opt for MSMN over HE1?
(You see when a deramper appears on a bulletin board and keeps posting despite not being invested, one begins to question their motives. All it takes is to look at the their posting history to piece the puzzle together)
That being said I’m also in HEX, yet I feel no need to resort to plying doubts over at HE1’s board.
Have a good day and all the best with your investments
The key part of your phrase is “WERE”.
As you know, there’s been severe cost cutting ( £245k per year saved in getting rid of John Barr just there)
Small cost effective helium focussed team, with oil revs increasing (cinnabar workover TBA too)
Both helium assets in Australia are fully funded through seismic and drills via free carry JV’s
New Vecta acquisition is to be funded from the $1.75m sale of Stanley.
As I’ve also mentioned, the CEO said in a recent interview: no raise for the “foreseeable future” (link to clip below.)
And yet you still keep plugging this “needs a placing” angle? Are you invested?
https://x.com/redditdeluxe/status/1801245293754683882?s=46&t=IHEn1TE0c7FNFBktt6H8XQ
Thanks stally
Started: Botham, 19 Jun 2024 10:18
Last post: Botham, 19 Jun 2024 10:18
Started: CODEFRED, 19 Jun 2024 09:33
Last post: CODEFRED, 19 Jun 2024 09:33
Its only a matter of time IMO....
Started: tomhuk2000, 19 Jun 2024 09:15
Last post: tomhuk2000, 19 Jun 2024 09:15
Andy Carroll, CEO is presenting at the Master Investor Sector Focus webinar at lunchtime today #msmn
https://x.com/mosmanoilandgas/status/1803332829046067438?s=46&t=IHEn1TE0c7FNFBktt6H8XQ
Started: tomhuk2000, 19 Jun 2024 08:32
Last post: tomhuk2000, 19 Jun 2024 08:32
For anyone who hasn’t heard me banging on about it. #MSMN & #BOIL are presenting tonight in Mayfair with proactive investors.
(Anyone going, there’s a decent nearby called the Iron Duke!)
https://x.com/proactive_uk/status/1801166195191673084?s=46&t=IHEn1TE0c7FNFBktt6H8XQ