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Australian portfolio represents transformational upside potential
Whilst we have not included Mosman’s two interests in the prolific Amadeus
Basin in our target valuation due to the early stage nature of these permits, we
do recognise the considerable hydrocarbon, hydrogen, and helium potential.
Our indicative valuation infers that on a conservatively risked basis, and based
on third party verified data, EP 145 alone could be worth in excess of 3x
Mosman’s current market capitalisation. We also highlight that on an unrisked
basis (US£172m), the permit could yield transformational upside for the
Company when matured.
things gone very quiet .
anyone had any comms with company ??
is it just me , or does anyone else think this could conclude a lot quicker than most think .
i'm talking weeks not months ??
when you think about it AA are satisfied with the technical side, satisfied with DD.............so its just the actual deal , so basically AA make an offer , ARCM refuse and come back with a counter offer and then they agree somewhere in between or AA walk away
i understand its a little more in depth but still it shouldnt take months and moths
but even if we did use 250 days a year that still gives an approximate revenue per year to MSMN, for our share of both oil and gas, of somewhere in the region of $1.5 mil
thats from one well , and we could be looking at drilling 2 more very soon