Member Info for Da_Gee

How much you got?

Endorsement of Mosman otherwise by now they would have relenquished the permit for us. Good to see oil price hold up above $40.55 for WTI and $43.24 as of today.. Currently I'm. Not bothered about Welch completing but we do needs the funds fir the Falcon drill.. Expecting an operations update at some point for the last 3 months and the kind of prices we are getting etc.. No doubt s4 and Falcon 60% will get us close corporate profitability if not smash it currently from the Stanley that avg around 150-200 if they see similar then 200 bopd will take us straight to 120 bopd that would shift the momentum in mosman... Im just waiting for some funds to clear and will avg down over the coming week hopefully. Good luck all. Good couple of weeks Coming.. Our mcap is very poor at the moment. Sentiment will shift it this time.

Hi Adrian seems like you have added a lot at this level :-) good luck next 3-6 weeks will be good. I do not mind the Welch buyers delaying paying untill August and pay us another 30k on 27th July and then last payment end of month.. At least we keep all the oil revenue..it was an up beat proactive investor video.. He was saying retail investors complain off placings.. Well we have every right to complain.. He does 2 placings a year.. at heavy discounted prices.. And still we are not close to corporate profitability.. Hopefully this time they do not waste anytime and proactively get 2 drill in July/Aug s4 and Falcon. Time is key for us and somethumg the bod need to understand..

Anyone keep a count on how many shares were sold since the placing? Just looking at Thursday / Friday we are near 100 Million plus.. The more they sell during this and new investors traders come in this week then next week we could be on the rise for all this news to come.

On Friday last week we were on 0.011 and it's clear the friends know when an RNS will land and the sp had went up to almost 0.015p yesterday.. This share is volatile wit large swings at the moment.. Compared to last riday we are down only about 10% to close of 0.09 today..

Stanley, Greater Stanley and Falcons are all of the same geology.. And msmn is profitable in the teens and bod have mentioned in the mid teens in recent RNSs Hence they wanted to drill Falcon to 60% of the share of oil.. No doubt the placing have been forward sold and the sooner they are out over the next couple of days and with Welch sale being completed our mcap will be half the cash we have. We got Welch news's plus 6 month operation update plus, plus Stanley 1 workover next week. And 2 drills coming.. Even a trader will join us over the next couple of weeks as short term for all this activity.. Multi bag easily from here and the derampers know it hence trying to get it cheaper who doesnt.

Hi Adrian it did not fall to 0.04 due to placing it fell due to covd19. It was at p. 24 and went to 0.15 during the placing and we were about drill s4 at the time which all got cancelled. There seema to be good interest at this level. More news to come fir Welch and a 6 months operations update which is further revenue for mosman. Our oil in the tankers etc all needs to be sold. My expectation was right 2 workovers and 2 drills but got the placing timing incorrect but if its for 60% then that's the best 0erventafe we have had to date.. Now it's in our interest to ensure it does give us around 200 bopd. That alone with similar structure to Stanleys will make mosman profitable.

Those comments are based on trading positions.. Seems like the seller maybe finally out with that chunk of sell.. Might have seen an opportunity elsewhere who knows. Good buying today as well. July is coming tomorrow. Will be a good month for mosman and hopefully some momentum driven news.

Over the next couple of months will be a significant driver for Msmn share-price. The workovers of Stanley 1 at Stanley and 1 at greater Stanley will be interesting specifically the greater Stanley well. With the falcons having a similar structure to Stanleys and 60% we should push for a good rig deal and drill short term pain for quicker gains. Profit in the teens will help us.. In the AUS hope the Chinese heads up agreement is still in place.. That will be the deal of the company.....thats the reason Santos has not restarted to drill with a bigger psi rig... Santos can look into our license as well but I guess the Aussies want a competitor And as the Co's is higher it should attract a premium price for the license plus carry over to drill.. Actions speak louder than words for a small company time is money we took far too long between s3 and to drill s4 and then got impacted by covid 19. https://www.proactiveinvestors.com/companies/news/922637/mosman-oil-and-gas-mulls-growth-plans-as-crude-price-improves-922637.html

Yep as well as Blackstone $ 317k that they owe us includes fees etc plus Norseman shared are now an asset so think he is stepping down to ensure he does not know the inns and outs before they sell there shares.. Plus revene for selling oil. No cost for Arkoma and no further cost at Welch apart from all the oil that we have up to the point of sale completion. Falcon rig prices were expensive last year and early Jan. Hopefully they can get a good deal now that activity has reduced significantly in terms costa as per the RNS. That was the main reason... And if its similar to Stanley then its great for us.

Come on Bod. We need action ASAP.. For a small company like mosman we need quick action. Time is money for us we have salaries to pay etc progress is slow.. We last drilled s3 in July s4 should have been in Nov then Dec then Feb then cancelled last month again. That could now have been giving us valuable income.. The 2 greater Stanley Wells need to be reworked ASAP.

The spread is all over the place share price closed at 0.13p even lse cannot report the correct trade and its a shame really trades are not being recorded accurately.. We live in the 21st century.. They do not provide the correct info..

Same here although no trades since 12.30 and that was a nice 5 million buy. Spreas looks huge got quoted 13.9 for about 400 pounds worth. But there is summin happening in the background... Have we recovered our Blackstone money which $317k.. Only set u knew they had was Arkoma stake which we should takeover there stake and get rid of the lot. Come one JB need news on greater Stanley. As we hovering around $40 wti plus our premium we are making approx $20-24 Barrel profit from them.

https://www.cnbc.com/2020/06/06/opec-and-allies-reportedly-agree-to-extend-record-production-cut.html. Expect oil to open higher when the markets are open on monday.

https://oilprice.com/ wti at $38.29 and Brent has passed the $41.20 wow what great v shaped recovery even the stock market is doing a similar v shaped recovery. We should be around 0.25 at least.. Sellers please sell and let us continue.

Better https://oilprice.com/Alternative-Energy/Renewable-Energy/Why-The-Worlds-Largest-Asset-Manager-Has-Seen-Its-Shares-Soar.html wti touched $37 Brent at $39.57.. With no cost at Arkoma as per the operations update and now no cost at all for Welch... Are we going to be corporately profitable very soon? Even though we are producing less now? News on many fronts as per the JV RNS could come at anytime and many people will be caught again. As someone said on another bulletin board we just one rich investor and this sp will go north. I cannot belive people are not investing in the potential here.. If JV is announced then its too late for most.. As the next deal is what I've been waiting for. Hope the last set or sellers have cleared and we move onwards.

I disagree with your view and you seem to have an agenda on buying around 0.1 even a point up is 10% and you know it moves fast once it gets going.. Wti at 36.39 and Brent at 39.41 profit at teens for Stanley. From $19 to the premium we get we seem to be in a better position than shale producers. Sp is clesrly driven on news and sentiment and not value.

Agree nice it's the potential we are investing in and not when's it's realised.. The comments today about valuation we all know that AIM is not based purely on valuation there are companies out there with debt and producing nothing and running on thin air that have a mcap of multiple of what they are actually worth. We are at 1 million mcap that is a joke in itself.. Ironside has added a few now with a view to sell at his price of 0.15-0.17 fair play to him but 0.2 is approx 2 million mcap plus our shares will be reduced by 42 million. We have 317k of Blackstone money they owe us plus Arkoma is worth a good chunk now and WTI is above 35.4 and Brent at 38 ++ Stanley 4 let's use the money to increase stake and get moving. Rig rates are cheaper now than before savings from that end. As a company we should be valued at around 5-7 million which includes the potential in Aus. And if the JV is good with the Chinese 30/70 would be good as long as they got deep pockets plus give us cash upfront as the area is derisked by the Santos even though the drill did not reach its target. Shareholders need to support the company and get the sharepruce out of this range..we need steady gradual rises...seems like the sells today for t15 that people could not cover hence the sells but if they had bought in around 0.06-to0. 10 thst morning and not sold on the spike then they've made a few quid..

Correction 14th Feb

I do not know why they cancelled in the first place its like constructions works are out there and these fields are in the middle of no wherw.. Understand the oil price nervousness.. We had until 20th June to make a decision..seems like a premature decision from the bod. We need to quickly get the barrels increase as we have sold Welch. From. The placing in Feb of £300k equates to aus 556k plus $300 for Welch converted to Aus$453k =Aus$1.09 million since Feb 24th to 20th May over 3 months we have burnt Aus$309k approx £166k so about £55k a month. So with no income at all and at this cash burnt rate we could last 7 months taking us to end of the year. Key is we have not sold any oil in May and instead stored due to negative contract prices. We further reduce Welch liabilities so potentially further saving. Arkoma they said we will not put a penny more. I know everthing takes time but we need to be proactive to ensure we are on top of our finances. Baja is the operator of greater Stanley so they should get the work overs done and possibly a drill to a new location its worth 20%.