Member Info for darkcorner

Forgive me if this is really naive of me, but I've been "investing" in Aim since around 2010 and don't think I've ever seen Morgan Stanley on a holdings RNS. That me being stupid or something crazy going on here?

Be surprised if this is running on fumes. LTH who's seen it all now with this company, made the mistake of being emotionally invested previously, now hardened to the rubbish. That being said, even Conservative calculations suggest this is definitely not still running on fumes. *** packet calcs suggest, even on a worst case scenario, let's say 75boo a day, price at 70 etc, we're still talking well over 300k, I'd be expecting higher though. At the end of December we had just under a mil usd, I don't see how we haven't turned a profit during this period? That december figure should now be higher, even if not by much.

Don't get sucked in Mikee, the truth will out here in the end, for the LTH here, everyone knows the pain that is Mosman, but those who have stuck with it finally look like they are about to be rewarded, with the other two wells worked over, there is very little chance that we won't be corporately profitable. This isn't petroleum creek or pine Mills etc, this one is now backed up by a third party company with legitimate flow rates, not the highest admittedly, but high enough for a company like mosman to finally start pushing on with 2 or 3 placings a year, 2023 could be the year. Dyor. We will have to see a rerate over the coming months, I'd imagine the market will really be waiting to see financials once we have a few months of production from this well. If all goes to plan, there won't be any option but to increase the market cap here, it's been too low for a while, but not surprising based on how history has played out here, fingers crossed that we have finally hit that 'step change' moment!

Well your boss probably shouldn't be your boss if he doesn't understand delays with 3rd party contractors are out of your control.

Anyone get the impression this is being walked up for the next placing...
Before anyone says it... long term holder (milestone days) and need about 500% to break even.

Not my style really, although my style isn't working in this instance lol.

Gut is telling me that this is done. All they have to do is wait and not publish the accounts, then we'll be cancelled, people will lose money and in a years time it'll just be one of those investments to "learn from". Can't believe I fell for the whole process again.

..Guy on LinkedIn to see if he had any thoughts about whether I'd see my money again, messaged a week ago, still no reply. Bye bye money. So happy I continued to average down after those proactive interviews.

We definitely don't.

Hi All, forgive me if this is simple, lse showing 38m shares in issue and mk of about 33k... is this consolidation without consolidation? Ie legwork put in but never actually happened???

Hi all, been here since IPO and had sooo much fun along the way...

Am I the only one who isn't completely destroyed by the news of consolidation? For me, the consolidation isn't the issue here, the share price being where it is is a joke, but the issue is the trust that consolidation isn't a prelude to an inevitable fundraise round the corner? That's what usually happens, admittedly but here, we've had it RNSd that in the middle of the year we were sat on 3.6m cash (dollar again) and since then we've had warrants executed, we've increased our percentage in a number of opportunities.

So here's the ultimate question. Is consolidation for a good or bad reason? What's to say that they've approached third parties for funding for Aus but they have certain parameters regarding MK or SP, so they consolidate, release good news about progress, SP goes up, a large lending facility is put in place, we go up some more, they raise again at a premium and we hit that mid-tier goal.

Or ... they dilute the **** out if us and my faith in mankind once again dwindles. :)

Do we think is selling at those kinds of prices. Can't be any profit in it for them, so someone unloading just to get rid?

I think even if it's not good news, how low can we go here. We're approaching 0.1 again and if it breaks that it'll be make or break time, but really feels like failure is priced in despite the massive positives that have happened over the last year. Does someone know something we don't. If I had loads of money I'd but loads of shares lol

Anyone else getting worried / questioning this? A few days before the RNS which stated they had encountered water, we dropped then too... Long term investor, no agenda, recently got my hopes up by accident!!!

Appreciate the reply Sweaty, with you on being more cynical now than in the past. With regards to "it being quite sad", in hindsight that sounds aimed at you, its a generalisation, like I said, if this comes good it will change my life, 1p and I've got a new house for example (with a bit of a mortgage etc). Appreciate the cynicism though, without it you'd believe you'll be a millionaire overnight!!

Sweaty, I can assure you there was no intended deramp earlier. Its quite sad that someone can't just be taken at face value. I've been here since the start, initially it was my second soiree into the share game. Been a rough ride at times but with this one, I've lways kept faith with JB and AC as they seem like genuine guys just trying to make it work, says a lot about a share I feel. They've made mistakes along the way, one of which may have been learned from and practiced in today's news, I.e. not too much hype out there without being able to back it up, very subdued I feel although I do like that approach providing the end news is good. My point earlier was merely cynical about the rhetoric used, a balanced opinion based on years of averaging down to a comfortable place. I better than anyone want/need this to come good. If we ever get anywhere near some of the predictions on this board, it will change my life and dare I say it, recently I've begun to believe that it just might happen...good luck everyone.

Nobody else cynical here? Begs the question, why pay for more if they've found what they need? What follow up work exactly? Assuming Rns today about presentation. Maybe that'll answer. Worst this is... 145 isn't priced in yet if its bad news we'll still drop. Not a deramp, just opinion of someone who's lived through ipo, pine Mills, jars of oil, 50p. 20p. 1p. 0.1p. Amd somehow still a believer...!

Coming? Over half mc in cash? Not a pump... just curious about opinions!

Anyone else annoyed about the "consulting with the government" stuff... beginning to think my money is gone here!

1.5p is a mc of about 57m. That ain't happening any time soon... Happy happy happy to be proven wrong!

Valid point Krusty... I obviously timed my entry well today....! Typical. Just feels like something bigger is coming. Good luck all lth.