Share Growth13 Jan 2023 10:19
The next drill keeps being mentioned and no route to funding which is a serious worry as you pointed out Steakpie. Cantor and Monecor are holding over a billion shares which stops any rise.
99% share dilution and a board which is at best dour at presenting and a toxic previous performance.
Any future drills should be self-funded by revenue generated from the two workovers and the current Cinnabar well. Warrants if given a chance for the share price to rise will fund growth.
Mark Wallace from GE is the opposite to Andy an energetic salesman. Helium 1 raised 10 million in December, funding for GE has been an issue but finally appears to have been resolved.
A successful floatation not if but now, will have two chat boards talking about Mosman and GE. Market valuations – Mosman £4 million, HE One £48 million, GE £9 million.
GE floatation within 30 days can only have a positive impact on Mosman. Proactive PR with a front man with energy. The corner will turn if the board can for once not raise.