Member Info for Da_Gee

https://www.proactiveinvestors.co.uk/companies/news/919240/mosman-oil-and-gas-jumps-on-amadeus-farm-out-agreement-919240.html

0.25p should see us closer to the price in Feb.. Nothing had changed since then..we are only here due to market sentiment. 0. 25p here would be a good close

We are barely mcap of £1 million yet.. So based on that we are severely undervalued.. Other companies have a lot debt and no plans. We are debt free and with money coming in.

Steak pie Central Petroleum got a similar 30/ 70 deal and remember we still have 100 %EP 145 we are also talking tcf potential here and 30% of thar is worth millions with infrastructure near by and of they hit helium then thata worth x10 more than gas as it has severe limited supply.

This is certainly one of the unexpected RNSs that I've seen from mosman for a long time.. EP 145 is an out of the blue RNS I was expecting the Chinese to have been singing but its Georgina PLc which was on my radar over the last 2 months who knew hey... And the Chinese for 155 is still game on. Our mcap is pathetic as usual...we should rerate here.. Santos did a huge drill with soo much gas that they could not contain it and needed a bigger drill!! Wow what an RNS. For the long term holders there is a lifeline for us.. Congrats boys for holding out!!

Email John Barr.. See what he.. Saudis are raising there prices now as lockdowns eases... I think the key for mosman is to process with the drill in June and get low cost oil up and running..abd as prices are going up.. The value of Welch and Arkoma increases... Just hoping we get the remaining cut from Blackstone from there share at Arkoma.. That would be a great outcome. Hopefully the Chinese have woken up says.https://www.bloomberg.com/news/videos/2020-05-07/saudis-raise-crude-oil-price-for-global-customers-in-tight-market-video

Nice 1 I'm only referring to the money owed by Blackstone which in total is about 317k and we had 27% I belive they had the equal amount.. Although our stake is higher. Mosman did say sale of the assets or im thinking just take there 27 apprix etc off them. Good to see oil finish above $30 low oil price does not benefit no one. Not even the Russians and definitely nlt the saudis as there 70%-80% of the budget is from oil income. Got a feeling we will have another good day tomorrow. From the last RNS the last date he can commence drilling is 20 June 2020, unless the well is cancelled in accordance with the terms of the Joint Venture Agreement.' so the has got 6 weeks to start drilling.. Hopefully by that time.. Restrictions will be eased and oil will be slowly starting to deplete.. I belive any thing around the $40 we will get the go ahead to drill. That will be the initial boost for the SP.. And the road to recovery.. We were ever so close at beginning of Feb. I agree PR needs improving and more bopd info required from bod. We are an oil company and yet we do not have the profitable rate for each asset

Oil passes $30 to a high of 30.33 no doubt it will trace would be good to close above $30

Agree Sweaty stock and Blackstone us in total USD 317,000.. I see no reason why we cannot increase our stake in Arkoma as that will take it about 50% anf while oil is down good to move in on that as payback. We benefit in the coming months when oil is higher.. Im sure the bod are reviewing all options..not expecting an ace up there sleave.

Brent at 29. 61 currently heading towards 30. Many countries rely on oil prices to be higher.. Plus many large companies like shell/np ExxonMobil Aramco huge loss during march. So as the talk of lockdown comes this week and America keen to ease lockdown this should head to 35-40region on the coming months. Hopefully mosman can review s4 and continue that would be the initial boost for mosman going - forward.. Stanley is profitable at lower then $35 compared to Welch donkeys. Few small buys but paying 0.6 https://www.bbc.co.uk/news/topics/cmjpj223708t/oil

I cannot see the records before that.. I can only assume ETX capital are selling at a loss to recover what they can.. They lost approx 60% since they have come on board must have sold over 100 million out of the 200 million placed. Wti above $21 now and Brent at $28.. With significant production cuts and US shale companies going bust its a matter of time when the lockdown is over in the UK and America that oil will creep up. What about mosman worth £600k mcap.. I guess Stanley 4 wil not go ahead.. No one will do another placing with us although key is we do not have debt.. And we are owed debt by Blackstone.. So we may even sell there Arkoma stake and recoup our money plus sell the remaining gem shares to keep us going. I wonder what benefits AIM will provide us and being a UK listed company.. Does Australia have the furlough scheme?

I would support that request as well. Have a zoom meeting and talk to your shareholders.

Was it you Richard

Someone is lucky.. I paid 9x more to get over 7 million!!! Why are we allowing trades to go through so cheaply is beyond me..

We were very close to being corporately profitable and Stanley 4 would have taken us to that path.. This whole situation is unfortunate for many oil Companies especially the shale producers. They need €50 plus compared to us we need around $40 and Stanleys are lower. We need to. Somehow survive until end of June. Even the aim listing authorities need to defer payments for companies like MSMN. Otherwise many companies will go bust.. No exploration company will survive.. Us producing can just put our heads out of the water.
Bods need to cut there fees by 40%.. As there is virtually no activity.

https://www.fxstreet.com/news/oil-brent-may-revert-to-above-40-per-barrel-by-the-end-of-the-year-credit-suisse-202004151024.

https://www.cnbc.com/2020/04/09/oil-jumps-ahead-of-make-or-break-opec-meeting.html
Oil touched $37.. For Stanley I belive we were making a profit below this mark.. The higher it is the merrier for us.. Hopefully in the next month Stanley 4 can be drilled again. With Wuhan being open.. Australia lockdown doing well..actibity could start next month and hopefully no may day may day calls lol

Any other day we would have certainly had a good blue day... Everything had improved from the previous 6 months. We are at mercy of opec + here coronovirus is here for the next 2 months etc.. China has already started to move now slowly.. By the end of June we will find out what's happening with msmn.. Doors could be closed for good if oil prices do not improve unless the ausiee aboriginal give us the go ahead...

China is slowly motoring now and use of oil must have increased. Europe is the next main area now we just need to see reduced amount of cases and deaths comsustantly before anyone can say we are going down hill. From the RNS yesterday I think the bod made the right decision to continue with Stanley and Welch production. Wonder how big are our storage facilities are? The situation in Aus with CLC it will go through an appeal etc.. There is a lot of big boys there with bigger pockets so no doubt they will support the NT government and its in there interest. The industry employs many people livelyhood.. That will be over turned in the future. Australian economy has gone down so they need support.

Good post but not an ideal partner for a JV. We need bigger pockets. We are now in takerover territory with the value being the Aus permit. Everyone is pleading with the opec plus etc to have an emergency meetimg.. No one can sustain this at all.. On a positive note the Chinese are coming out slowly.. But I'm. Also interested in the local aussue comapmies interested for mosman.. Next RNS will be a tough one I guess. But we are too low anyway.. How low can this go.. Eveyone must be nursing 90% plus losses here.