The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Botham that rig is for drill only i believe and a service rig is different.. Ideally the service rig should have been planned straight after the drill rig on expectations of positive results.. Yes everyday we are loosing revenue and have highlighted this to JB. For a small company time is money get a move on.. Hence i said be prepared for c2 and c3 they are existing holes that need a service rig... If good flow rates update the model and get those 2 online as well...
We are dealing with mother nature.. Being an IT consultant all my projects are not running on time and that is due to various 3rd party involved and everyone has there own processes and procedures.. We are break even currently back up hopefully close higher today at 0.8 or tommorow
Going back up again daily traders flushed out.... Onwards and upwards for Mosman. Can we hit 0.08 today and stay there.. Anything is possible.. Market is slowly waking up.. Could we have a santa rally and then a new year rally before we start the new year with flow rates..
Agree we have been patient for a very long time.. Another few days will not hurt.. Good to see the sell on news brigade go.. But they won't be able to buy cheaper.. Spread is large here as well.. I just want JB to plan this out properly and line the ducks up.. Everyone knows we are at an all time lows here... Once good flow rates releases this will go into the teens.
Great strong close ar 0.073 19.76% must be on the leaders board somewhere and triggered off a few alerts no doubt all eyes on this train... Finally i believe we could be really turning north for good.. Got plenty of news to come from US and AUS. I have told JB if this has good rates try to get C2 and C3 on board quickly as well.. Workover the same zone and we could have 3 holes producing good amount of oil.. Not many companies out there that are explorers and producers and all this gives us a good position to negotiate a jv in. Aus for our helium. Gas prospect.. Icing on the cake will be the Georgina IPO in jan.
Welcome on board the Mosman train timing could not have been perfect we are at all time lows here.. With Cinnibar flow rates soon.
With a potential of 2 further work overs to existing well that came with the deal.. Them 2 holes alone are worth likeĀ£4 million if mosman drilled them. Key is 75% stake could be a real step change for Mosman.. They also have huge potential in Aus for helium prospect which is at stage it require the central land approval.. Survey done just need it signed off.. Then seismic to drill the optimum location with a JV that's the reason Nigel Harvey is on board looking for finance to drill the helium prospect.
Why you wasting your time if its a duster.. Clearly you were looking to buy shares here else why would you bother... A trader who wants less than 0.06 good luck.. 80 million traded got a full day left.. Can even close on 0.07
Buy showing as a sell. Results near you're either in or out for our step change Results... We are closer to year lows than year high of 0.165 that's just 200% from here... Dummy trade anthing over 5k was going into auction..
A great price indeed.. Currently it's about 15% less than the last placing at 0.07.. Worth about 4 million only potential in Aus is huge hope our new man Harvey is doing some work for us get us a JV for our permit... Hopefully we should get approval from CLC for Seismic on our permt. That will be a great milestone.
Some boring trading happening over the last couple of days small buys and sells. Cannot wait untill next week Friday.. Hopefully will be cruising at Santa speed. Any material change and we could finally be heading north of the pole. Gla
we have only got results for odd 6000 meters out 30,000 meters x5 area left yet which is still larger than ggp.. We know gold is there as well.. Just need to map out the best holes based on existing data.. Confirmation of gold there is a good start..
No gold no point drilling further.
He did mention early December as well but let's wait for mid December. Hope we get summin like over the last 10 - 15 days we have got 250 bopd on avg.. Im not drunk and its Friday. Take it easy enjoy the weekend.
Ford referring proactive article.. to c4 in end of q1 or begin of q2.. Before that I'm hoping if we get good numbers in c1 then they can update the model and rework c2 and c3 existing wells. That would be the best scenario. 120 bopd x 3 = 360 bopd 75% would equal 270 bopd to Mosman plus existing production and we could be well over 300 bopd.. At only 270 bopd x $75 =20,250 x 30 = $607,500 x 10 months $6,075,000 now that would be the ideal outcome c4 we should come organic growth or if the sp is above 0.3 or summin.
Welcome on board Nigel seem to have the right experience that mosman require to get a jv or finding for the Aus permit. Jv is what we need. Resolution 3-7 were with drawn.. If they announce corporate profitability next year I'll be happy to reward employees for finally crossing the line.. Key thing is management need to be more proactive.. Time is money. Here hoping for good flow rates at Cinnibar. I would expect movements on the sp in anticipation of flow rates. 120 bopd good result.. 150 bopd very good, 180bopd excellent over 200 bopd awesome.
As expected nothing new but new well be the 4th drill. Key is get the flow rates... Hope there assessing c2 and c3 f9r workovers using same service rig.. If we can get to 3 producing wells by end of the year could not ask for a better year end
Key is dnt waste time get the ball moving. Time is money.. We could then have a 4th drill end of q1 or begin of q2..