Member Info for GoldBlend

Will be interesting to see if there's a large order posted after hours... there's lots of buying , large £10k etc but enough to drive it up 20% since 11 ish today?

I don't know Dai, he might have made contacts there who keep him posted? Re the methane I started looking back in Sept when they were drilling previously & the whole area was red as... but you just can't tell what the cause is. I found it more interesting than looking at the pictures trying to discern changes on the ground...

Hi Dai, he's the chap that went there on holiday to have a look... stayed at the local hotel, spoke to the people & visited the drill sites.... Let's hope it keeps on rising!

Hi Donal I'm still here, just not much of a poster.... I've been keeping an eye on the methane levels... here's the link to end of Feb data. I know Keith spoke about prevailing winds & methane travelling but I can't quite see why that would result in really high methane levels just in isolated pockets ( right in the Pred area of interest? ) Use the + to zoom out & you'll see what I mean. Always open to listen & be educated though! GLA

https://browser.dataspace.copernicus.eu/?zoom=9&lat=34.279&lng=-3.28254&themeId=ATMOSPHERE&visualizationUrl=U2FsdGVkX19xiB%2FIBzIbwhHiWztTa%2BkkKOYx4arayHEyQn%2FAAOQi6b2cu3kIqbiaY96Lcco0Ls8TgAB4gKQnF%2B%2F16IGZ1s3df7ZLg4RR4yCICaYaGCcKHy0jILa5ydvZ&datasetId=S5_CH4_CDAS&fromTime=2025-02-26T00%3A00%3A00.000Z&toTime=2025-02-26T23%3A59%3A59.999Z&layerId=CH4_VISUALIZED&demSource3D=%22MAPZEN%22&cloudCoverage=30&dateMode=SINGLE

If the link opens with the methane indicator (in the index in the left panel) on the star icon, then click on the layers icon ( 1 to the left) & that will show you level of methane - i.e. red hot!

How about this one from your book MRob....... might be a good description of PG! "you are braver than you believe, stronger than you seem, and smarter than you think." GLA

Thanks for posting eviking.... it's certainly a sea of red across the pond at the moment. Good to have a board for discussing.

GoldB

25th Feb apparently Blue...... new Oak note out today makes for interesting reading.. “ we achieve a valutaion through RENAV of 148p per share”. Worth a scan of the board for further calculations .. GLA

PAF hedge ending in Feb 2025. Looks like they didn't sell all production so they can sell at higher price. Hedge was set by loan for Mintails product which will increase production substantially + production increase in Australia coming too....

Interesting stuff PP... this is also a good read

https://www.mining.com/web/gold-stock-valuation-anomaly/

Apart from the likes of OMI ( bless'em), GGP, also on a roll is ALTN which is worth a look and PAF which I think tomorrow will give a good entry due to today's RNS bringing about some panic selling...

Of the biggies Newmont is heading back up after a good buying op under $40. A "spread the risk option" doing well is GJGB. In full disclosure, I'm in all of these but not massively. Do shout when you dust your notes off PP, we're all ears! GLA!

Have you seen this guys?

22 January 2025

Mosman Oil and Gas Limited

("Mosman" or the "Company")

EP(A) 155 and Exploration Update

Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development and production company, provides a further update on its asset portfolio.

Australia

EP(A) 155

As part of its focus on its US portfolio and following the proposed sale of EP-145 for cash and a royalty, Mosman has signed an agreement with Westmarket Capital Ltd Westmarket Oil & Gas Pty Ltd (a wholly owned subsidiary of Georgina Energy PLC (LSE: GEX)) selling its EP(A) 155 rights for AU$350,000 (with AU$50,000 payable within 10 days and $300,000 upon grant of licence by the Northern Territory Government) and a 2.5% royalty.

Good job Kev.... Pred's on the move again today too so hopefully you'll do well there too, but there's loads of weird sales of 16 shares... it was the same yesterday... any ideas?

Spot on Dai with your MFAI queries... I thought the same late last night, why the confusing maths & not straight info... out & back in this morning ... going to hold for a bit now & see what happens.

I wish the holding was a lot bigger... I might actually make the 2025 year goal of sitting in the MCG for the Boxing Day Test if it was! Your calcs look about right Dai but I did mine slightly differently

$450mil works out as 8.82% of the previous $5.1bil valuation.

8.82% of the current given valuation of $12.25 big is $1,080,450,000.

SVV1 had 7% gives $75,631,500

MFAI have 13% direct of $75,631,500 gives $9,832,095

plus Sure have 25.09% of SVV1 =$18,907,875 of which MFAI own 6.1% = $1,153,380

Add $9,832,095 ( direct) to $1,153,380 ( indirect ) gives $10,985,475

We can't forget this is just for 1 company & they have lots of fingers in interesting pies.. I think NAV at recent interims were about 2.6p but then everything seems so undervalued right now....

I think I'll try & buy more tomorrow..which of course is not advice!

Anyone any thoughts / experience on EST?

time to light the fire & open the fridge... GLA

Yes I watched! I've a very small holding there due to the Ai growth market but it went bananas.. re fair value given all the other holdings no idea, but I calculated that the current value of their share of SVV1 is now £10,985,475 - not bad for a £5m ish Market Cap...

I was just posting that here too PP! Looks set to fly tomorrow...

Got one eye on EST too, seems to be creeping up steadily....

Hi Kev have a look at this as it explains the swabbing process and why it's needed. Hope it helps

https://www.globaleee.com/global-news/-history/swabbing-in-drilling

Apologies for delayed response Donal.. yes same page.. figs correlate . Massive jump evident in the Sept readings as per posts. Your informative instructions on how to view make it clear for all who want to see..Data does not lie. Methane readings excessive in that time period in comparison.

Above all DYOR.

Out & about Donal but using Sentinel 5P pop in the date box 22nd Sept & run the figs for a month on the graph tool & you'll see what I mean.. rather stunning!

Copernicus watchers may want to log back in & use the filter for Methane monitoring rather than looking at the pictures. Note the substantial spike on 4th Sept 24 followed by an ever bigger spike on 21st Sept. The data is conclusive.

Sometimes you can't see what's there by looking at pictures but use of tools that measure 'CH4 (Methane) - column average dry air mixing ratio of meth' on the left of the Copernicus site show the real picture.

CCC I hope your wife starts to make an improvement - stay strong...

Perhaps re watch the video Bold, or re read the word for word transcript (thanks BillyRay)... you say " imo they would have had a swabbing spread already identified in country and ready to go. "

PG clearly states they do have one identified & are working closely with ONHYM to utilise it....

"As I explained earlier, it’s not that you can walk into your local supermarket and take a swabbing unit off the shelf, the one unit in Morocco is now under contract to ONHYM doing a huge number of well abandonments, so we’re having to schedule a few days within their programme to come over to MOU-3 to do this exercise."