Member Info for Filterland

Tomorrow will be 4 months since we applied for drilling permits. We were told would be quicker than usual as data already known by Greek office. Standard time for a permit is 3 months, so why the delay? Are these minerals critical? I do hope there's enough in the kitty for the drilling and analysis to come.

Hi BC, yes if 5% royalties will fully fund Sage and Coyote and negate any further raises at stupid prices/discounts, then AC needs to send this message to the market. But as ever, 5% of what? Until known I don't think we see much headway. AC will release 3 RNS a day saying how good everything is, just before another placing. He doesn't appear to do much "shouting from the rooftops" any other time. Still a good longer term prospect here.

Vaga - all about 2% at 400 mcfd. I can understand why AC went the royalty route on Billy Goat. I think hope was for around 8% Helium from Bard, trading this morning seems to point 2% again, esp with He1 results. I expect 5% royalties on other 4 wells now, then concentrate on Sage.

Worth listening to all of it IMHO. Business ideas as well as different types of AI models.

Don't think this has been posted before, 1 year old and about 1 hour long. Author42 features about 12 minutes in, showing how long Ronjon has been planning this 1

https://www.youtube.com/watch?v=Rvo1j1AktWw

The bit I liked in their RNS that was these sites get priiority for permits and support.

I still think it will be next year until we have permits/drills/JORC complete. Keep adding on the dips !

It would be nice to get some news like GROC did today - hopefully the EU are assessing all rare earths and critical mineral sites :

GreenRoc Strategic Materials Plc Amitsoq granted Strategic Project status

Yes I've voted on that too ! Well done today Muck - you are the silver lining of today's cloud ;0-

Just by Ronjon posting this on Linkedin will generate interest in CPAI !

We are looking at new Bio and Longevity things to do at R42 and CapAI. Which are the most investable ?

The author can see how you vote. Learn more

This has been meticulously planned and openly discussed by Ronjon for over a month now. Great find linking Boundless and Ronjon ! I think this confirms Author42 as the intial AI company developed by capAI and Ronjon. Boundless have 8,000 authors on their books, or at least listed as creditors. To think Ronjon has done this "in his spare time" is incredible. Will be intersesting to see how this progresses, and how this will be structured to benefit each party involved.

And I would say that this would be the first of many, yet relatively simple projects. I can't wait for the serious stuff to follow, such as projects that could benefit the NHS, Government and medicine/research.

So you guys don't think the other 4 wells will end up with the same deal as Billy Goat?

Of course, need to prove all 4 wells are commercial, but AC has gone along the royalty route for a while now.

Does anyone know the expected lifetime of these Vecta wells ?

Based on $300 mcfd

✅ Summary:

If all 5 AMI wells are successful and commercial:

MSMN could earn ~$1.2 million/year in pure helium royalties

With zero capital spent or risk taken

This kind of shift may ultimately allow MSMN to fund Sagebrush without dilution+

Bit of a long reply this , but Chat GPT sees this appointment as follows :

This appointment—particularly in context of recent operational and financial moves—suggests several potential strategic developments behind the scenes at Mosman Oil and Gas (MSMN):

🔍 What This Could Signal Behind the Scenes

1. Preparation for More Complex Financial Management

The recent Desert Eagle deal, placing, and multiple operational ventures (Vecta, Sagebrush) point to increasing complexity in financials. Appointing a dedicated CFO, especially one aligned with the existing Chairman (Carl Dumbrell), may be an effort to:

Tighten internal controls

Better manage multiple JV agreements and royalty streams

Prepare for structured deal-making, asset divestments, or even acquisitions

2. Moves Toward Corporate Restructuring or Strategic Partnerships

The addition of a new CFO, especially with an accounting firm like CDTL involved, could mean:

Preparation for asset monetisation (e.g., spin-outs, farm-downs, or royalties packaged for sale)

Readiness for a potential farm-in at Sagebrush or the broader Vecta assets

Positioning for merger or acquisition interest, where having transparent, managed books is crucial

3. Increased Regulatory or Institutional Attention

As MSMN adds royalties and non-operated interests, it moves into more passive revenue streams, which are attractive to institutional investors—but they demand clean, professional reporting. This CFO move may preempt due diligence for:

Institutional participation in future financings

Strategic helium partnerships or infrastructure access deals (e.g., with off-takers or processors)

4. Board Dynamics & Control

Appointing a CFO through CDTL, tied to Carl Dumbrell, strengthens the chairman’s operational grip. It may indicate:

A desire to ensure financial oversight stays aligned with his strategic vision

Possibly a reduction in influence of Andy Carroll, especially if results at Billy Goat and elsewhere are mixed

Lay groundwork for future executive changes

Hi all, nice to see some sp advance last couple of days. Recent interest maybe due to the following :

https://www.reuters.com/world/china/trump-says-china-has-totally-violated-agreement-with-us-tariffs-2025-05-30/?utm_source=chatgpt.com

Or what about the "app" that Prof Nag is working on at the moment? The first one he is making for a good 15 years or so.

He would probably gift it to CPAI and would therefore cost us nothing.

Looks like a buy, paying slightly over the odds.

But price action suggests a sell - prob MM games.

Usually sells above 25 million here are delayed, but that wasn't?

Exactly what I said earlier lomax.

Will need Vecta to be party to discussions. Do Vecta have a healthy bank balance?

Could both Vecta and MSMN use the interested party to raise funds for the remaining 4 wells?

I'm sure all will shortly be revealed.

To be fair, if I hadn't seen this share cross ramped on another board I was reading, I wouldn't have known about it. Got 3 million at 0.26, sold 1 million at 0.72 this morning, so now have 2 million for the cost of £625 - and paid my car off ! So 2 sides to that argument, and I'll be holding on to these 2 million like the most precious things I own :)

Desert Eagle looks most likely to me. But what happens to Vecta's option to buy back their WI at 4 times the drilling costs?

At £200,000 expected cost to drill Billy Goat, that should mean £800,000 in MSMN's hands whilst still retaining 20% WI. I'm sure Vecta will be party to the discussion.

OK Aim, one last try with you, although I feel this to be time I'll never get back.

MSMN are bringing in money, only 40 bod, but that funds the company at $2,000 per day (conservative again!).

Confirmed Helium at Sagebrush, again conservative estimate of $40M, with only £100,000 costs to turn to production.

Vecta conservative 20% stake is £10 M .

From the "Conservative" estimates above, why would you value MSMN lower than £10 M ?