Member Info for borrowfundsfrommummy

Moving up swiftly now. Seems good news finally being noticed

200 code on Eog Trojan. See if the fable codes work and it begins to pop or go into nt to buy….

They need to consolidate the number of shares. Would make more appeal and move SP more freely. I am hopeful that Cinnabar revenue after the make overs will drastically improve the coffers. But as aware, good news seems to send us downwards at the moment. Even a tiny sell they drop the SP but when prolonged buying occurs it seems to stay static

Yep. Bad direction there currently. Taken some Eog as feel that’s close to it’s bottom price

Ssshhhh

Liking the update here and feel SP is too low at the moment. Get in early before it starts to move again

The good news keeps coming yet the SP drops. Yet on some dog ****e shares the SP rockets …. unbelievable

From Mosman website
There are two older wells on the Lease which have previously produced significant quantities of oil but are now shut in.
It’s interpretation of significant quantities is what should be interesting

SP lower than before we found oil and gas at Cinnabar. One day the SP may actually catch up

These ones We have already commissioned an update to the Reserve Report, which is an important step in understanding and communicating the size and value of Cinnabar, and in planning the full development of the lease. The updated report is expected to be completed in the next thirty days."

We have already commissioned an update to the Reserve Report, which is an important step in understanding and communicating the size and value of Cinnabar, and in planning the full development of the lease. The updated report is expected to be completed in the next thirty days."

Good news on msmn . Pipeline completed for production. Got 128 BOPD and gas from drill 1. Hint on their RNS re helium in Australia. Watching out for Georgina Energy ipo as they will take that part of the helium exploration.

Not forgetting the gas too. Big hint on the helium (Georgina energy) and timelines given. Definitely keeping us informed now

John W Barr, Chairman, said: "I am pleased to report solid progress at Cinnabar. The work to increase overall production is progressing well and in the near term there is also potential upside from workovers of the two older production wells, which is why gas lifting at G-1 has been prioritised.

Pipeline completed 128 BOPD . Keep the good news coming

From RNS 27th October
Mosman decided to undertake this Placing to provide additional funding for the following:



1. Ongoing work on EP 145 including continued technical studies and securing approvals and payment of fees to be made to representatives of traditional owners

2. The cost of bringing the Cinnabar-1 well into production, including a new flow line from the wellhead to the existing production infrastructure;

3. Refurbishment and upgrade of the existing production infrastructure;

4. Progress the examination of the feasibility of workovers at Arco-Fee G-1 well ("G1") and Arco-Fee G-2 well ("G2") to increase production;

5. Commence planning activities in respect to the next Cinnabar development wells; and

6. Working capital.

Seems we have 90% interest in EP145 and that should bring in some nice revenue for the helium etc when Georgina Energy finally lists.
The two work over drills G1 and G2 should also be more reasonable cost to re drill than a brand new drill site. The last placing at 0.07p has warrants attached at 0.14p. Would be interesting to see what the oil produced so far from Cinnabar is selling for.
Hopefully Georgina Energy does list by February

Last placement price hasn’t even been hit yet … from last results …
The Cinnabar project provides a large resource for additional development wells offering significant organic growth and will be a priority for Mosman in 2023.
See what new info comes out when the pipe work completed on the first Cinnabar drill.

Georgina Energy still tweeting regarding Amadeus Basin and this was response regarding when they are listing.

Georgina Energy
@GeorginaEnergy
·
Dec 12, 2022
Replying to
@nadeemkhal73
In the new year on London’s AIM market. Our listing is being handled by Optiva Securities (
@optivalondon
), speak to your broker for more information.

Thank you for your question.

Yet if have a £6 sell then they drop the SP.

Nice rise from yesterday. Good luck to those making a nice profit. Be careful that suspension doesn’t take away your goodies though. Far too many of these companies recently taken all from folk