RE: Lets be real18 Sep 2025 11:37
People are getting carried away with this RNS, but let’s be real – the $40–80m “value” is just an unrisked, in-the-ground prospective resource, not proven reserves or cash flow. To get it out they’ll need expensive drilling, processing and transport, and with Mosman’s limited cash that almost certainly means heavy dilution through placings.
DONT GET SPIKED!