Mosman3 Jan 2025 18:06
3rd June... start of 3 bags..0.24 to 0.8p
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acquired a 10% working interest ("WI") in a helium project in Las Animas County, Colorado, USA from Vecta Oil and Gas Ltd, a private company that has explored, drilled and produces helium in Colorado (the "Acquisition"). total investment of c US$ 630,000, to be funded from working capital and by selling existing oil and gas assets
Mmmmmm... Vectra produce helium but Mos end up with 86% ???
Initially touted paying 10% of costs of drilling of 5 wells, totalling $130k, (US$259,000 per well (gross))
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Helium production in Las Animas County includes the historic Model Dome field which recorded 7-11% helium content. Other companies active in the area include Desert Eagle Operating producing helium at Red Rocks, and Blue Star Helium (ASX:BNL|OTCQB: BSNLF) developing helium discoveries at Galactica/Pegasus.
https://www.lse.co.uk/rns/MSMN/helium-acquisition-l8ft558tnlzoyc7.html
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10th June US$1.0 million by 3rd Sept
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has sold its interest in Nadsoilco LLC for a consideration of up to US$1.75 million subject to the completion of due diligence by the acquiror.
The consideration for Nadsoilco LLC is US$1,000,000, to be paid in cash upon completion on 3 September 2024. Three cash payments of a further US$250,000 each would be paid within 10 days of the end of June 2025, 2026 and 2027 if ....
https://www.lse.co.uk/rns/MSMN/sale-of-oil-assets-phtkg0twoevv0ts.html
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Peaks 12th July at 0.8p, x3
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23rd Jul 2024 7:38 am RNS WI Increased to 20% of Vecta Helium Project
22nd Jul 2024 11:18 am RNS Warrant Exercise
16th Jul 2024 9:41 am RNS Warrant Exercise
15th Jul 2024 9:08 am RNS June 2024 Quarter Summary and Corporate Update +++++Sell off on this day, creates big dip, recovers to +0.7p by 23rd+++++
10th Jul 2024 8:28 am RNS Warrant Exercise and Total Voting Rights
4th Jul 2024 8:19 am RNS Update re. EP 155 Farmin Partner
1st Jul 2024 9:42 am RNS Warrant Exercise
26th Jun 2024 9:25 am RNS Warrant Exercise
25th Jun 2024 10:36 am RNS Warrant Exercise
18th Jun 2024 8:38 am RNS Warrant Exercise
17th Jun 2024 9:53 am RNS Warrant Exercise
12th Jun 2024 7:00 am RNS EP 145 - Helium Project Update