Member Info for jamesjohn

*correction (were---where)

We could now see a slow, steady rise, as the news flows over the next few weeks and months. .Howard seems a very sensible man and has worked very hard, as have others, to get these projects were they are today.

It is most likely that other oil & gas companies will be watching this carefully, and I guess they will eventually start talking to Howard about some kind of partnership. I would be very shocked if this didn't happen, they may just be waiting for more information from the seismic and Sproule's report, time will tell.

At the very latest, after the extended production test.

I imagine trying to find oil and gas projects that are successful is very difficult, so when you find something like Sagebrush & Coyotee in a part of the world that is generally business friendly you have to feel more confident.

RNS from 2 weeks ago states that we are funded from our cash reserves, this will enable us to do the 3D seismic, the extended production test and have Sproule's evaluation.

BeWiser username vanished, same pattern again.

There is always the choice to sell, but in my opinion that's when a company is in trouble. Mosman are in a good position, they have cash and no debt. If the third party independent resource confirms our numbers for Sagebrush then we could see a turnaround in the price. That could be as soon as August.

The market cap is very low for a business that has cash, no debt, two very good assets with infrastructure in place, three more assets that could provide revenue in the future.

As we tick each box, ie confirmation of resource, 3d seismic, extended flow test, then the chance of a JV or offtake agreement increases.

We've had WilliamPrice, ramping/bashing. His name vanished. Then PriceBilly what ever his username was, ramping/bashing. His name vanished.

At the weekend we had BestBuy25 ramping. His name has vanished and now we have BeWiser bashing. There is always a pattern, not to be trusted in my view.

If you want to call Sagebrush a carrot on a stick then go ahead, but all stocks have a carrot dangled, otherwise there would be no investors or more importantly no Stock Market.

MrHolmes... 82.5%

This guy PBill will be rampnig it up soon, then he will start bashing again, then back to ramping and so on.

It is so obvious that he was WilliamPrice, now changed his username to PriceyBill. I would have thought you would have found something a little more adventurous. I imagine people caught up with him and his antics.

I don't know how some people can do this, it is a shame, but I imagine it reflects the way of the world.

Seeley were only a small private company that were only producing about 40 barrels of oil/d. This will make it difficult for them to develop the project further, they don't have access to the markets to raise capital. They received a cash lump sum and still have a 7.5% interest in the asset and probably at no further cost to them.

They were an oil producer with I guess no helium experience, Howard has spent sometime to get this project and put his own cash into it, I think if you are going to take a punt on something this has a good chance of success, however if you are no longer happy, then yes it makes sense to move your money out.

I personally think they know this is going to be a success, or at least as close as you can be to knowing.

Having listened to the interview, it does feel as though Four Corners Helium will at some point become financially involved with either Sagebrush or Coyotee, or perhaps both. Also Howard does sound as though he believes that Sagebrush will be a huge success and quite quickly. I was under the impression that they would only target the helium, but it appears they may target both, so the oil for me would be a bonus.

Now that Vecta is out the way it seems they are building a team in anticipation of all this.

They've just raised $2mil in cash, and they had around $0.5 mil at the time, also received $250k from the sale of e145, and now no more costs from Vecta, They also have the option of farming out a % of Sagebrush and Coyotee.

Please excuse my lack of understanding, I'm trying to get up to speed with this share.

Is the 380,000 t from stock pile or will this be mined? If it is stock pile, what quantity is there?

Also during the interview, when talking about the small plant he never mentioned about the licence for the railway and port. Is this only required for the larger mine?

No problem Twenteen, enjoy the rest of your weekend too.

It's possible Vecta may decide themselves not to continue, as they are in for 80%. We will have to just wait to see what they negotiate between all parties.

If we carry on, it's not a big deal, we may even strike it rich, and if we don't then I'm sure we will save money, because there would be no point otherwise.

Treasure Hill was the planned next drill followed by Mona Loa, however these may now be shelved.

Howard it seems wants to press on with Sagebrush, but Vecta may want to continue, so we will have to wait and see. The next two drills are fully funded, but will save us some cash if we can come to some deal with the other partners.

I always thought it strange why Howard used his own cash to invest in Sagebrush and not the Vecta drills, which were very cheap for a drilling campaign.

Hopefully with the Mcap being so low and a change of leadership, and also the Sagebrush project getting closer, we may now start seeing a more sustained rise in the share price.

Your original question was why does AC not give us any data on the first well, and the answer is he can't because of a legal contract. I am sure that within the details of the contract Mosmon will have access to the revenue generated from wells drilled in Billy Goat, but when Mosmon complete there accounts they will, I imagine, not provide shareholders of the details, the revenue from Billy Goat will just be added to the total revenue from all other revenue within the business.

SRBS.... Looking at your past post history it seems you do have many shares. However it does seem odd that you have not been following the events of the last few weeks. The first well was sold to DE including rights to the Billy Goat area under an NDA, which means Mosmon can't give any information to it's shareholders regarding the data from the first well. Unless we are not understanding you correctly, hope this helps.