The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Key here is risk vs reward.. The chances of success are now much higher than the previous drilling program. Previously drilling program the risk was higher.. Now we have existing and new data coupled with new analysis and ggp data.. We know gold is there just qty to make it commercially viable for a large company to operate.. With only 199 million shares our mcap ..
Currently 2p = £4 mcap
4p = £8 mcap
8p = £16 mcap
16p = £32 mcap
32p = 64 mcap
64p = £128 mcap
£1.28 = £256 mcap
Now if we hit big numbers and our acreage is 3x larger than ggps then above numbers look peanuts compared to the overall value. Let the drill begin .. 2nd round you always aim.better.
Why would an independent valuation by SRK be an internal report. If they have it to hand it is info they have to release to the market. Plus it will show the market how undervalued this share is at £3.5 million today. News does seem to be close.
SRK report will be the key independant valuation which the market will appreciate. They are the experts compared to sp angel who valued the aus at £172 million. So lets see how close they are when this report comes out.
If these guys give a valuation there will definatly be more credibility than sp angel who are working for mosman.. Perhaps this report will finally re-rate mosman as they are independants and recognised by the market.
In addition, Mosman has appointed SRK (Australia) ("SRK") to undertake an independent review of EP 145 and EPA 155 (which is subject to a farm-in agreement with Georgina Energy PLC). SRK's first task is the preparation of a valuation report primarily for providing a basis for a book value for the assets.
Canr be long now to sign off the off take agreement.. What can you write in it? If we find helium then we will sell it to you .. You will have exclusive acceas in 3/4 years time... Now stop wasting time and cough up .
Is there a company out there with an off take agreement and then they got a JV or summin spectacular happened.
If you look at all this noise is due to requiring aus 2-5 million over the next 2 years... We have Aus 1.2 million end of may.. Plus money from grant. Plus regular monthly oil revenues... We just need shareholder support.. £4.17 milion is 0.06 0.24 is only £16 million 0.3 £20 million..
If we can raise from above 0.25-0.3 levels and JB shows progress then we could be going somewhere.. At 0.0024 x 1000000000 = £2.4 million we can raise if the price is at 300% from today.. Support #msmn
Good to see the goverment supporting and endorsing mosman in AUs for 145 .. Hopefuly that should give some confidence to the chinese and our potential JV partners. When will the market wake up and the mms finally let go and the start of a re rate.
Excellent news for WSBN the government has done the due diligence to award them this amount to co fund. Next news on red setter plans come on RP.
Part of the strategic review is the US Subsidiary. Sell all of it.. Cinnibar, Stanley, winters, greater stanley, Arkoma for how much?? £10-15 million do not need a separate listing plus use the money for seismic and still in Aus ep145... Jan 2021 sp angel had a price of 0.49 for us only and had 172 million for Aus permits. We are not priced for the US assets. Whatever the outcome shareholder interest should be top priority as all of it will be put forward to the shareholders.
Maybeeyes key here is Mosman is generating money .. We arw not just a explorer a but a producer as well.. More news in the US to come g1 gas injection proved good.. The financing required is to expedite the aus permits ep145 and not to avoid to switch off our lights.. Cinnibar pre the acquisition from bp had 1.58 million barrels.. Plus the extra acreage i calculated we could have over 2 million barrel reserve.. Stanley had done well in the last qtr.. If stanley and cinnibar perform continuously then we could have another better qtr than last .. . all this strategic review is to review the optimum outcome for mosman over all.. They can do it organically which will take longer for everything..
Https://total-market-solutions.com/2023/05/mosman-oil-and-gas-ltd/
Ford look at old RNS and look at the trident aquisition then. How much did we pay in total including ckearing all there debts.. £5 milion for 20% stake in a potentials that"s worth billions.. The issue here is the people want shares in a company rather than being partners.. And taking a piece of the outcome.. To date we all its just options.. Infact we knew about various options etc and all JB did last week was RNS them.. Why did he come to the UK just to give that update.. Key is shareholder support... And hoping we are coiled enough for the rerate.. We have traded the entire float in April.
Ford only carlberg will issue and RNS like that... But having said that in the new listing we are saying that ep145 And ep155 are valued at x amount and we want to list it x mcap.. So if these parties are willing to pay in a separate listing at a higher price.. Why not do it here.. Still think we will get a jv to invest £ 5 million over the next 2 years for 10% or max 15-20%