Member Info for Maybesyes

At long last genuine shareholders are waking up to the reality of this company's strategy, let's screw long term shareholders, and anyone stupid enough to invest their hard earned money. It's time to remove the Bod's, sell off the US operations while oil price is high, and ring fence the Australian assets its the only way anyone is going to get any of their investments back!!!

Many a true word was spoken in gest!!!

There has in fact been various discussions over a period between high worth shareholders in this regard, looking at a number of situations in which company director's may be held personally liable in relation to tort claims ie cival wrongs such as deceit and negligent misstatement in relation to company information released.

CA or the majority of shareholders who have done reasonable research are very unlikely to accept any under 20pps. Under investment in E&P over the past 8/9 years is leading to a great pay day for everyone, in January the boss of Aramaco warned of forward oil shortage's due in the main to a surge in Chinese demand, with oil heading back over $100.

Yes, the floodgates have definitely just burst!!!

Personally I think the shareholders are in a much stronger position than many people recognise. This company is fast becoming a cash cow when cash is king! Both the Labour Party and the Scottish government have both stated that they will not be granting exploration licences in the future. When you also consider the taxation benefits available and what another drill could well discover I would go as far to say that both CA and the majority of the shareholders will not be prepared to accept less than 20p for this asset.

Yes, In an oil industry context Hurricane Energy is an excellent example of your average shareholders taking the necessary action to recover there investment. With regard to Mosman Oil the fact's are clear the current Bod are certainly not working in the best interests of the average shareholders, in fact quite the reverse!
Since its inception John Barr and his cabal have in fact destroyed shareholder value losing $32million of shareholders funds in the process.

Shareholders must understand that this company has historically never made a profit nor is it likely to in the next period, purely and simply because its costs are greater than its earnings. It has only survived because it has constantly ran cap in hand to shareholders promising jam tomorrow, has anyone ever wondered why John Barr has not produced a detailed cash flow projection for the next 24/36months??? Could it be that he's happy with the constant shareholder dilution???

Let's get real here, this company is never going to be able to secure a loan on any terms due to in the main its historical performance and complete lack of trust in John Barr. Its high time the shareholders took similar action to that taken by shareholders in Hurricane Energy.

If you can't afford a Dodge-Dodge a Ford, or should I say John, this is and always has been a director funding ponzi scheme! Has no one ever wondered why Mosman has never been able to raise a buck in Australia?

You've hit the nil on the head!!! Shareholder's have to be very aware, and send an early warning to this Bod's in this regard.

Historically with regard to Hurricane Oil there is known knows and several unknown knowns, for this reason alone I'm holding tightly to my shareholding moving forward.

Seems like more Confetti to me!

That's why I believe we need a complete independent evaluation of our current assets I believe that Trice was correct in his assumption!

I agree entirely, in my opinion Kerogen/China were the bond holders and are still looking for a cheap takeover with the help of our two BOD Puppets.

Ever wonder why Mosman has never raised funding in Australia???

This share price will move north significantly over the course of the next few months. If anyone bothers to take a historical view of this company you will find firstly, that Dr Trice's assumption that there was sufficient oil in the target area and that fractured basement plays could and would flow has now been proven without doubt. Secondly Richard Bernstien's assumption that CA's investment would yield a significant return over time, why else would the pervious bond holders have gone to such extreme's to try and destabilise /destroy shareholder value for their own ends? When you look closely at the future global energy situation you can draw your own conclusions why this almost became the Great North Sea Robbery of international proportion.

There is no doubt Maris has some serious questions to answer with regard to his past decision making, and I believe in future his actions will be scuritised in a UK Law Court in retrospective action taken by a group of current shareholders. However it is the current /future action of the BOD that will determine their competence to deliver value for all shareholders, but be assured everyone is scrutinising their actions.

Good Question, strange that the Great Accountant never seems to give the shareholders any real financial information I wonder why???

Make no mistake, Phil Corbett and his Cabal are in for a shock in the not too distant future. Interesting secret's will start to unfold with regard to the bond holders.