Member Info for Botham

Https://www.proactiveinvestors.com.au/companies/news/1029834/mosman-oil-and-gas-reaches-farm-in-agreement-for-australian-asset-1029834.html

This is going back to pre consolidation - over 20% drop already. Absolute dog of a share in a bear market

It is brilliant news, funding confirmed and drilling next year. Saving of IPO listing and $225k saving on not replacing Barr. Just need news on EP155 now.

Huge spread today, if rns is not positive where do people see this going

From the very detailed and informative report the following closing paragraph is a concern

Forecast results show that Zenith Energy won’t be able to generate sufficient operating cash flow in FYE March 2024 to service its short-term liabilities (including principals on bonds falling due in January 2024) and continue developing its oil and gas

projects. Accordingly, additional funding is required, which can be realized by a combination of equity

and issuance of loan notes. From the next financial year, the projected production from existing assets and new acquisitions (if successfully concluded) can generate an operating cash flow of about CAD

22 mln per year which can be used for smooth debt

repayments and to fund additional acquisitions

That's what AC needs to tell people: Everything has taken forever, 7 months and counting for a corporate review for a couple of minor assets?

1. What is happening with the Helium soil study?

2. Is there an IPO, what are the details for shareholders to vote on?

3. Now over a year since Cinnabar 1 was drilled and the talk of 2 workovers ?

Need positive news for shareholders

Just liked we waited for Congo, Tunisia, Yemen, Benin, the list goes on. Down again.

No interest in this dog of a share

The positive from today RNS AC pay is staying the same and removal of JB salary as he is not being replaced in Mosman set up. Saving of $225,000 plus new guy salary will be part funded by JA Young. Annual saving $225k plus travelling costs.

https://twitter.com/search?q=%23msmn&src=recent_search_click

In the decision, the Court rejected SMP's request for a stay of proceedings in France due to new proceedings having been initiated in the Republic of the Congo, stating that SMP's request contained "all the characteristics of a dilatory request", and ordered it to pay an amount of EUR 30,000 to AAOGC by way of compensatory damages. The Court decision is immediately enforceable.

The Court has scheduled the next procedural date as September 29, 2023.

Number 11 MOU - from this we can safely say S Sudan will go by the way of Benin, Yemen and Congo

10 acquisitions have been looked at this year with only a software company so far closed: There have been more MOU that trades, sad reflection no trust in AC and no interest in all these speculative MOU's.

The ultra positive gun slinging hedgehog have hibernated

USA x 3

Kazakhstan x 2

Conga x 1

Benin x 1

S Sudan x 1

Yemen x 1

No one buying though

Https://radiotamazuj.org/en/news/article/south-sudan-backtracks-on-plans-to-take-over-oil-industry

September 7, 2023 - Following appointment by the Respondent, Nassib G. Ziadé (Chilean/Lebanese) accepts his appointment as arbitrator.

https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/23/18

Where is the news? New CEO, Helium IPO details free shares to existing holders, Soil #HE and hydrogen study EP145. Helium drill 2024. 3 oil workover flow rates drill on Cinnabar 1.5M oil reserves. JV on EP155 Helium IPO to float this year Georgina Energy. Billion $ helium, H2 CPR. MC £2 M

Fact was Rns 3 July, next procedural date 29 Sept.

Sadly there is no interest here no trades and no faith down to endless failed MOU. S Sudan not going ahead Rns due, followed by the save Somalia

How depressing seeds of hope dashed by 200 million sells

Https://twitter.com/BarrRemove8283/status/1699486663016136711/photo/1

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Remember outstanding news includes: New CEO. Corporate Review - and IPO of EP145, free shares potentially, Workovers on G1, G2 and Cinnabar 1. IPO news on Georgina Energy EP155. Helium & hydrogen study which received government funding.