Member Info for Botham

Imho their will be no raise in the short term as they need a new broker, Monecor are winding down.

Confirmation of debt funding would be a real catalyst

All Mosman holders want it to happen other than a farm out on EP145 to a large wealthy company it's the only impetus I see for Mosman to rise

Still ongoing to raise £5 million, 4 brokers working on it. Minimum to float £3 million I understand has been raised

Holding now reduced to 7.5%, this will stop any momentum until they are finally out, clearly selling at a loss.

https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/7NQT5-OZ3e8kNI2-XTBZqA2bBilKiXCqkXl3cYqIWak/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3NTHAHX46%2F20230315%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20230315T164734Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEDUaCWV1LXdlc3QtMiJHMEUCIDi4hmrHdLNQlQphHopvmDyjpcWuA6sIzPRcgpbghVDsAiEA8yVBR76vb2iJoDsrl7VsRhPObuDueakKIb%2FGPNI5wv0qxAUI7v%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARAEGgw0NDkyMjkwMzI4MjIiDFHrjdEVnWBLHWsI1CqYBZiipEXE%2FI9Fz9qYO2lQM821lZYFiq%2FjbAp3KbCV0kxMn3e4szpzjC2HF6xCUIk7muUtj0DhHrOo0p50Qvg5ekhlsgn4pqvXNvdMMR397szyNVrPgoToPWF0E%2FSRSsptUf%2FtnuXvDIDDYjFHjhi%2BzG0yNX2WMJzJN6dzhomm7oWEDKPu8ONohmQYpnIxe4CX52Rn%2FwSbRn%2F7KyI1WWTLd5l5YPhATiwsKw7MxKFULNcAPv7AtX3ZtU3lexkgd%2Fgtkhb6JU1Gv1mVfMNua4rMcddZ4wmoK9BuIktU4OvWtI%2FlCVlpfKkSvr2GcaVJk%2Bhy7OwPHgvb4Qhh4l0mRSXaneHcRY6Aws7L7JcvRz5arHTRQAs8G0XX7hSxOIqFOKZIlT2%2F946NiQSApfYs5xAohKkw%2BmsQUi4DvCW2QpseWKxa7omHAcZnSjHtCgFe2Wt99Ixnwnih39y5fM8m1B8o7OTB9A93IwFZpuAdrh2cMU%2Bd%2Bj5v35a5eejdr44ogiX6GODyr9kRaGrG85cO2yLnjA7NGEOtHah0GCtwIgMRK7VrY5lLfgsDhgQepw6IInDrtIQPjFR4JaWCwKNQtoVtkhtWdvuTfKJn3QcQYli8MeLA1e535qxp3AQwUbmaCLffIZzPWHOA5p67Xc1BE5dcJjJimY8xX228FotFL%2Bf%2FjJTPhMM4rh%2FJP%2FcSCuDfF1wratrvNXpENE0ZWeOVa3sRrK%2FMYTo1IqcttBzhiB9E7aoNgqofK7C%2FT0bOlaPzlnFhdquRT56QxknaAI13dkPHOSAAPD8UZZ9UG3tdis3f7csoTuxqGh8sgw%2BzxRODewGfh2oQ19AM03kc1tSx%2B9acwUS%2F4oylUILxd9P8vXsY9h1Z6ou5aOkvTx0whPzGoAY6sQHVlEzuaK32frW2W5RLfLiMOVnJEv0UiZED1HNeVxK%2FHSL3v7efblJuWJ0LUpBF0szpD7jqhDOAGyO5lvfn%2BNB%2FUU%2FCW1kk01W3nJvyxX7fH9%2FPeYhu47AijnYzoPOUvYZgjXlS1q7xWx1OsYPLuXYwC6YvYDRJC0sbMcDRhMs61dQ4Z1leDIXUep0MosnswWQQV85GBCAyvmSAg0%2FE17SCwt5kKdX4RDh3VsQdB6aH2iI%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%2200851820_tm02_2023-03-10.pdf%22&X-Amz-Signature=63dee9bf909def9737606b712f2d11613a37783b0d8e6c9864b5872ed2a4c40e

Monecor at the last TR1 were holding 8.98% and were IMHO a constant strain on Mosman share price.

The clientside of Monecor which was ETX but changed its named to OvalX is winding down see link below. Monecor website seems to be completely down see below.

https://www.ovalx.com/en-gb/

https://www.monecor.com/

When companies sentiment is poor it is often worth rebranding to a new company name, new identity and strategy.

I did suggest this to the board some time ago.
Mosman has a bad reputation, lose the baggage through new name.

Encouraging now need good news on workovers

That's the problem deadlines are never hit, missed by weeks or months. A common trait with Aim.

Consolidation iny experience leads to further dilution, share price in total free fall

Ford I have reported your constant I'll informed ignorance. What dribble you write.

Anything you don't like you belittle like the play ground bully.

It's no secret you are a long time follower / associate of JB as he has informed me.

GE has taken far to long to list and struggled raising funds which I have articulated with a balanced view.

Whilst your constant support of your long time associate is commendable, it is not balanced. 99% share depreciation. Tells the story

You now the difference, why don't you ask your long time associate JB whether Mosman website has been updated

Yes a new younger board would be better

Opportunities
Low market cap - huge upside compared to HE1
Jan-Mar record production performance (announce 3rd week April)
Increase reserves (report overdue)
G1 gas workover (work commenced update due)
Potential benefits of G2 workover
GE float and increased exposure (taking to long to come to market)
EP145 - potential JV
EP145 promote awareness
Debt funding moving away from share dilution (High net worth Australians)
Increased share price resulting in exercising of warrants, removing risk of share fund raising
Profitable and future growth become self funding

Risks
Historical performance and market sentiment
Untimely delivery of key deliverables - reserve report, completion of drilling to production
Monecor over hang of 8.97% of share
Risk of share funding - Cinnabar 2, EP145 Seimics

Hugh upside potential but frustratingly slow with poor current share performance

Huge potential, but everything takes so long. So frustrating. Reserve report first mentioned in October.

To list on AIM a company must raise a minimum of £3 million, my understanding is the minimum amount has been reached, but have increased the amount to £5 million so they will be fully covered for funding for the first drill Hussar.

First drill in 6 months.

Market caps
Mosman £4 million
Georgina £10.5 million
HE 1 (down 7.86% today) £54 million - funded for only 1 drill and still no drill agreement in place

Strange tweet given poor last quarter result, unless finally tomorrow they release news on G1 which is higher than last quarter?

Hope the report is worth the wait. Now 51 days

Anything between 0.0675 and 0.0695 were all buys today.

Digger sorry don't now how using phone. If you go on twitter account under Mosman you will see it. Rns either tomorrow or Monday incoming.