Member Info for Jungmana

Most of the large trades today in red are actually buys someone is loading before the news

News next week?

"Heron-1: Re-perforation, stimulation and completion scheduled for July, installation of surface equipment and targeting the well to be put on production in late Q3 2024"

Where are all those punters insulting Lorna last week?

Fyi Just sold 500k and will hold the remaining 500k for 2p.

Was a good buy this time last week when it was on sale near 1p.

Profits going into matd.

That 340 million must be the last of the 0.025p warrants;

Cash position

" As at 30 June 2024, Mosman had cash at bank of circa AUD$1.07 million. The cash balance has increased since that date due to the exercise of warrants."

Add approximately AUD$600k to that from warrants exercised this July.

Then add add $1million to be received in a few weeks from sale of Stanley for $1.75 million.

Very healthy cash position for a company of GBP 8 million market cap

I tried to buy a little more when it went to 0.055p but had no quote. Paid 0.06p.

Imo this will be 0.10p+ by end of month

The placing churn should be done this week imo and will then be free to move .

3p+ soon

Helix From about 24 mins;

https://youtu.be/jXG-t2UPsvg?si=6PHYbYMZqs0y679A

Look at the prize at stake for Gobi bear a 100 million barrels;

Mike Buck, CEO of Petro Matad, said:

"This capital raise will allow Petro Matad to commence the development of the Heron oil discovery with the goal of generating sufficient production revenue to cover the operating costs of the company and to accumulate cash to allow for the drilling of future appraisal and development wells to increase proven reserves and production. The raise also includes funds to drill the low cost, high impact Gobi-Bear 1 exploration prospect at the southern end of the prolific Tosun Uul sub-basin. The prospect has estimated recoverable resource potential of circa 100 million barrels close to the Heron field."

Maestro, H1 completion will start this month. Clearly stated in the rns and repeated in the presentation a few times.

MB is certain , if not he wouldn't stick his nexk out and say so.

And Gobi bear is one huge prospect am excited about for Q3;

"Planning to drill the high-impact Gobi Bear-1 exploration well in late Q3/early Q4, depending on rig availability"

By the time Georgina is listed on 30th July , imo this will be 0.10p+

There is a good amount of information in this interview relevant to all helium companies. Worth a good listen from an expert;

htTps://youtu.be/wJ_pckAvAjc?si=GWh9h24WWkorfp-Q

As said yesterday the chart indicates once 1.10p held this should be up towards 2.20p as next target.

Bought 500k more shares this morning about 1.09p.

Now holding 1.5 million shares

*the operations kick off soon , typo there

I watch the entire presentation again this morning and can't find anything there that warranted the drop yesterday. On the positive is a healthy pullback after the 120% rise in 3 days.

It is clear that there was a concerted manipulation by unscrupulous traders for their own interest.

The opeeattions kicks of soo with deepening of the well by 150m and the EWT whivh will take 5 to 6 weeks to get all the information and results required.

Busy period hE1 is entering.

On IG right now I can sell all my 1 million bought today at 1.03p average in one hit at 1.10p.

Tells me there is demand for this stock

Fully funded for all immediate operations

"Use of proceeds

The net proceeds of the fundraise will be utilised to complete the EWT and additional drilling at Itumbula West-1, as well as providing additional funds for operational contingency. The budgeted cost of the operation is US$10.2 million which includes a 5% contingency.

 

Chart indicates 2.20p target in the short term

Watch this go to 2p in a week or 2

Now the rise to 2p starts , I knew this pullback would happen.

Feels good on walking on the treadmill