Member Info for nice1

This well is a opportunity for Andy to turn things round, if how ever he follows the path of the first well, this will be a complete disappointment and new investors will not want to take that risk with MSMN.

When the share price finally starts to respond and we start seeing the light through the tunnel Andy puts a spanner in the works and for over 11 years on waiting and investing, this pattern has kept, hence why now it take shareholders like me to need more then double to break even.

I am really hoping this time round if the results are promising Andy does not give it away, and I would not be surprised with good results a JV could be obtained to add value short term.

Part of me now wants to take my funds out and put it in to HEX as I see greater potential once production starts, but the other part is holding to see how and what will happen.

Hopefully there will not be a big delay, I was hoping for a bit more excitement with the share price moving upwards, after the 1st well and placing it has not been well received,.

I do hope when we crack on with the next well this will start the positive momentum going again.

We know nothing on the 1st well and will not know anything, we need numbers, grades etc on every other well to get this share price moving.

It is very hard to establish how much MSMN could be worth, but at present I do feel we are currently undervalued.

This is partly due to the high dilution / issuing of shares as this seems to always keep happening and will do until we get a decent revenue or prove up our resources etc.

Looking at what we have today is far better then what we did have, as most of our prospect is short terms results, also depending on the results.

The Vecta JV has been a decent move by Andy and to increase our holding on the Billy Goat well to 90% was also a clever move, MSMN needs to keep the PR going and momentum with news flow.

The Billy Goat well has already shown signs of gas before we got to target zone, and now having a local helium producer interested in the Billy Goat well and wanting to acquire it and all associated contractual rights, basically a buy out of the well.

To all parties playing a part will know what is there and we can only guess until Andy provides an update to share holders, but if any company is interested then there must be something positive, but how positive ?

When I look at HEX and what they have on there 1st well this can give you maybe a bench mark if Billy Goat is commercial,

1.1% helium

• $1.3m well cost = $4m/yr additional pretax revenue

Billy Goat well could be much lower in cost as there is already the structure in place, but when you look at the figure $4m a yr revenue, for Mosman’s this would not be bad going.

Andy needs to look at what this well could generate over years as we do not want to give it away and it is not every day a company wants to buy your well out.

PR and keeping the market updated is crucial, the sooner the better.

The last few days the buys v sells completely dominates and still the MM hold the shares from rising, companies need to make noise around this else it will continue to happen and it has been getting worse.

Andy was very quick to update the market so soon and now this news is welcome but share holders should be updated on the well if there is news to provide not until a deal has been agreed or not.

I also don’t want Andy to give it away only on royalties like EP155 and EP145.

If Mosman’s has an update on further information on the well, this should be announced, we should not have to wait for any deal to happen with the interested party.

The Billy Goat AMI lease area first well was drilled to circa 720 feet TD and casing set on 16 May 2025. Further well information will not be released until after these discussions have been finalised.

Even though the placing has come through the buys are so much more then sells, it is the MM making the most of it, dropping the price despite great volumes of buys, so the stop losses can get triggered.

We are in a proven area having also identified gas samples , The well also flowed gas from a zone at circa 483 feet in the Entrada formation. This flow rate was calculated to be 63 thousand cubic feet per day ("mcfd").

We will know or have more information on Monday,.

Good luck all.

Monday will be interesting, more details will be known and maybe the MM trying to activate stop loses to trigger the selling.

This is what we have all been waiting for and will be very exciting.

Been holding for 11 years and still not broken even, a very smooth move from Mosman's to obtain 90%.

Hoping for some positive news and Andy pushing for as much PR as possible.

Still the market has not appriciated the 90% stake, lets see if this changes and we do get a rerate.

Good luck every one.

Chart showing possible rerate as below all going well.

0.0093 - 0.01120

https://x.com/TheSaintCharts

Tried to see if i can sell £2000 worth and it is going to NT.

Will they show a link so we can watch the prestation.

Johnlydiaandlucy you are right, this is so big you would need multiple companies taking a slice, I do recall Empire advising putting the 10 largest mines together would not match how big this is.

Empire can ask for royalties whiles all the JV miners produce and sell.

Once Empire shows the quality of the product they need to keep open minded to offers as larger organisations will be able to fast paste this on a big scale.

Just my opinion

We have a lot of news and updates, but this seems to be with Mosman’s a pattern, delays, extensions etc.

When is the EP145 Seismic going to start, this is our key asset which will bring the attention, a drill to be done next year.

The drilling next year is for EP145.

This year they have the JV or 5 appraisal wells.

If MSMN are going to have any chance of getting to a value of £100 million which can be done, HE1 did it on 1st drill.

MSMN need to get full on with updates, news flow and presentation and interviews.

A lot need to be put into in before the drill next year.

There has been more then double amounts of buys and we drop again, this keeps on happening.

There is clearly interest to keep the share price down until the next news to come out.

I think the MM are just using it to drop the share price, if you look at the trades we have much more buys then sells.

Before we drill we should be closer to the 100 million only in my opinion, we are still so undervalued and on HE1's 1st drill they valued at £180 million.

Based on the Buys verses the Sell, the buys are so much more showing on LSE.

This drop use to happen all the time even though we had so many buys and we could never increase in valuation.

The sales of the USA asset must be close or on going.

News on when the 2D seismic starting will be a big welcome.

Mosman’s time will come so much going on, it is also good to see UKOG increase so much.

Maybe with the new coming Mosman’s will start to motor.

It is nice to have these warrants bringing in cash, these warrants are also i think holding back the shares from moving on.

We are only £9 million in value whiles other helium exploration are £25 million and up wards.