Member Info for BigBear2

To buy so more buys after the delayed 5 mill...

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, announces that it has signed a binding contract for the sale of the Welch Project, in Texas, for US$420,000 (cA$553,000) in cash, with Steadfast Energy Partners, LLC (50%) and Silver Dollar Energy Investments, LLC (50%), and the closing is scheduled for 15 January 2021.

This combined with Norseman Sale swells the coffers by around $600k USD. this should be adequate for at least the next development well...

Someone chomping through MSM stock in a hurry...

Well they have made a good star that’s for sure with Norseman and Welch sales.IMHO Welch sale means no near term placing and that’s due on Fri. Expecting an RNS tomorrow with the presentation and possibly also Falcon production figures...
Looking very good here...

Presentation tomorrow and Welch due to complete on Fri, should be a good end to the week here..
Production update is also imminent

Been away for a while but looks like JB is finally sorting things out here. long may it continue...

I agree but until the BOD actually confirm they will not dilute equity to oblivion holding HUR is extremely high risk.
The company no doubt will survive and prosper but the prospect of your current holding being worth a tenth of its current value if the bond holders hold us to ransom

‘ north of 80p per therm is worth £34m for ANGS half of the asset.’
Current mkt cap 8 mill...

Good point Camkite, it’s clear Angs expect to deliver a suitable approved geothermal programme for a new off-site project very shortly....
V surprised PIs have not picked up on this but not complaining as I get to add more cheap stock before the herd arrives...

Ah fair enough, suffice to say it’s heavily undervalued.

You would assume he means 8p a share?
That’s still 7 bags from here...

Usual manipulation question is who will be left holding the baby...

To buy any decent amount......

A lot more than the current mkt cap of 8 mill that’s for sure. Near term at least a bag here once Saltfleetby producing much more...but it’s the geothermal that really excites

All that is needed is confirmation finance sorted then it’s boom...read the RNS...institutional investors Kia the score and have been buying a shedload

Be a smart move to confirm this prior to funding as this would confirm all on track. Considering they have been working on it for a year you would assume this is pretty much done.

Next up did any day

Under the MOU, upon presentation of a suitable approved geothermal programme for a new off-site project before the end of January 2021, which Angus has been developing throughout the present year, as further detailed below, Aleph Energy and Aleph Commodities will together seek to procure, on a best efforts basis, up to a further £8 million of committed funding for that programme

Should be the next AIM big mover IMHO

Personally I am glad this has been done. Clear the decks now let’s see how they are going to finance this year as they are skint...

The main issue now is funding as they are totally skint....
Development well and deep water appraisal we’ll need ponying up...
Let’s see if there is some equity needed.....as you saw with COPL at least some equity required....