The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
And remember that's a re drill of Dukas as the first drill the rig was not big enough to handle the pressure and they stopped. Now they will re-enter with a larger rig that could handle over 10,000 psi . since the last 2 hours ivr seen 130 million sells so spreadex must be close. Over 700 million traded today... Holding strong as well. Greenvale all the way.
The Joint Venture needed approval from the northern territory goverment.. Without the approval mosman cannot transfer anything related to EP145 and greenvale cannot become the operator or start the work. So this approval is a big step green light for both companies.
Https://www.3aw.com.au/greenvale-energy-the-quinella-natural-hydrogen-laced-with-seriously-good-grades-of-helium/
Listen to the greenvale man.
Lol we are in the shillings currently.. Hopefully the tide will turn here soon. NT government approval is key that would unlock $7.5 million of investment from green vale.. And the guy at green vale is a shrewed man sniffing out the good bitz.. Our mcap need to jump by 700% just to get to about £7 million mcap or 0.07 .. Company valuation would be x 3 £21 million mcap just to unlock the potental in ep145 .. Helium hydrogen potential. If we sell stanley stake for around £1 million and reinvest in cinnibar and GE finaly comes in this qtr icing on cake
Agree fully AC is no better we are worth £850k our amount raised is worth more than the Mcap. Shocking they could even do a placing and next step more likekly will be a consolidation but that will happen when the action starts in Australia... How does cmc get rid of 2 billion shares plus directors chucking in 30k so no doubt ramping news is around the corner. Ep145 being handed over to greenvale and GE reverse takeover of mmm.. But all of that will not increase the sp significantly the sentiment in aim is poor these days.
Final time at this price before it starts to motor again. Redsetter news soon.. Round 2 you always do better better analysis hitting the sweet spots and all this at mere £5 mcap on a higher risk we went to 18p .. Shouldve been at 10p by now .. Gold at record prices show is the motherload
The reverse takeover from GE to be listed will hopefully get this share going this month. Finally maybe after 2 years this could start a positive trend in mossman. And they will move quick as they reentering the same hole but a little deeper compared to odd 30 years ago.
Mcap 1.56 million surely someone would literally buy us out now.. Maybe greenvale but mossman out right we are faaar tooooo much. Our US assets are worth more than the mcap.. Plus 2 jv for aus permits.. No commitments for ep145 and retain 25% and 25% of ep155 and GE to be listed soon as end of this month...
Hi all not sure who is selling but we were not expecting spectacular numbers in the US. Key here is we have 2 jv partners ib the AUS with no commitements required from Mosman. Green vale will do everything to the point of a drill. Georgina energy will go through RTO news due on that as well ..
Finally 2 years ago when they were about to IPO share pricr was ar 0.011 and went as high as 0.018 when Afzal valli et al where here. It will be great news for mosman as both permts will have a JV. Ep155 they will go deeper down from many years ago.. If they hit the old timers will be peeved off..
Mms are always the winners they never loose. 1 billion traded and just up 18% 62 million just today and 5% down. They really need to push the price up as at £2 million we are a joke. Hopefully another RNS to announce completion and money handed over.
When ep155 farm in was Announced we doubled in sp on the day think it was 0.004 all the way to 0.013 crazy day.. Today the ep145 was a better deal over aus$7 million commited once the farmin is finalised and we retained 25% with a free carry.. Not a single dollar market will wake up.. Just over £2 million mcap that does not even cover the US assets. We have 1.59 million barrels in cinnibar alone Worth more than the Mcap of this company.. A re rate on the card once deal is completed.. 0.1 would be a good start..
Bit surprised we have not moved yet.. Should have been back to to 7's by now and swaiting results of the second round with a higher chance of success now.. Theyve been doing the analysis and survey for over 6 .. They have been directed to the optimum location .. Seems like RP is waiting for the big boys to join. As they must be busy pumping other shares there in before they make a move here.
Key is mosmam retains a stake in the ep145 asset its like doing a jv with adagio the new company theu created in Aus. Both HoA companies in china take part in the IPO .. If all that happens then at £2 mil mcap we look very stupid.
Shareprice had always been collapsing from 8p to a high of 52p to 0.00024 only strategic thing he has achieved over the last 8 years.. Based on the JB Leaving RNS they are not looking for a new ceo but a non exec .. Save cost where possible.. Adagio IPO details to be revealed soon and hope the chinese HoA back them up...in the US hope they are doing cost saving .. Oil prices above $90 as well. Our assets are worth $20 more a barrel now..