Member Info for hythe1

Wow. Look at gold flying. And down we go. Crazy.

Maybe a distressed seller………

At 10.40 it probably is. Possibly our persistent seller. Can’t wait for the day he runs out.

The last recorded sell was at 13.20. Over 30 buys since. Something has to give, surely.

Actually the share price got to around 50 pence as I recall. Then guess what……the oil that was flowing turned out not to be flowing at all. And since then it’s been a succession of fund raising resulting in billions of shares. Which are now almost worthless. Hope that answers your question.

Herencia was on Aim for many years. Then about 3-4 years ago they failed to submit accounts and were suspended. As I remember it, Carl took over the running of the company and subsequently accounts were published. He announced on the company website that Herencia was for sale as a shell company and interested parties should contact him. The website has now vanished and to my knowledge the shareholders have no notification whatsoever at this point in time. It’s another company on Aim that promised lots but delivered nothing. And yes, I am a shareholder in Herencia. As are many others. Regarding the current state of Mosman, funds are running low. Again. Expect a fundraise any time soon.

I note that Carl Dumbrel has been appointed to the board. For those of you not familiar with the name, he was running a company called Herencia until recently. They seem to have vanished without trace…….none of this fills me with any confidence whatsoever.

We'll soon find out. I’m going for the latter

I agree that the sp could slide further. Probably not much point in selling out at current price. There’s always a chance of news but looking at their track record, it looks unlikely. If they raise in October as you suggest, it’s probably gonna be around 0.01. A real gamble to buy any at the moment.

You’ve been ramping this share for months. You even congratulated all the punters that got in at 0.030. Fat lot of good that has done them. And as for Georgina. No chance.

I’m not sure he can do another placing at any price

That’s not gonna be long

Can’t see it being anything in USA. Only chance I see is a deal with the Chinese re Australian assetts

No. Not in my opinion. Not one bit of success in nearly 10 years. Over 30 million raised and 150 barrels a day.

I attended a presentation in London a no of years ago. His partner did the technical bit and then JB came on to talk about the company. It’s usual at these events that people attending get to as some questions afterwards. As soon as JB had finished he announced that they had to go as they had a plane to catch……….

The last placing was at 0.035. Now 0.02. Now way is JB gonna be able to raise any more. Unless he pull the rabbit out the hat. And that 800k isn’t gonna last long.

Yes. That’s the 3rd purchase of 10 million last couple of days……

Someone thinks somat in the offing……..

I’ve been in and out of this almost since day 1. Unless there’s a minor miracle, Mosman will fold.

Difficult to see how JB is gonna keep raising cash. And we don’t have a lot left. Zero confidence for me.