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If all wells are commercial( results of the first well de-risk the other wells) then it would be 25% of revenues from Vecta project

I wish I was a prophet😂, but I am a small investor. Thanks for your reply.

Gandernee: May I ask what is your price target? Short and long term please

Thanks SRBS

Please summarise the main points for us. Any good news? Thanks 🙏

Things will become clearer in the coming days. So there is no need to be upset. Things are going in the right direction. In my humble opinion.

Yes, Paulb20, I have a similar feeling. I think this is all part of a plan, and similar deals may arise in other wells as well. This way, a steady revenue stream will continue to come from these wells, and the company will concentrate on Sagebrush, a major project.

There is a lot of confusion. There are many aspects that need clarification. What was the reason that Mosman increased its share from 20% to 90%? Did they know that Billy Goat was commercial? If not, then what was the point of increasing the share?

Secondly, on the second day of drilling, we were told that gas had been discovered during drilling, but surprisingly, the next day, a placing announcement of 1.25 million was made. Did the company know that they were going to sell this well?

Thirdly, after four days, we were informed that a local helium business that has expressed interest in acquiring the first well and associated contractual rights of the Billy Goat lease AMI area lease and negotiations were ongoing, but then again, surprisingly, our eighty-five per cent share was sold off for a five per cent royalty. Why? Was everything pre-planned?

It seems the market didn't like the 5 per cent deal, which is why the share price was down today. However, there were 2 x £54k buys at 0.039 tells a different story.

Musk: What does the chart say about today’s RNS? Where is the support and resistance?

2 x &54k buy today at 0.039. Someone is happy 😂

There will be a lot of news in the next four weeks. It will be a roller coaster ride.

You may be right but seems like market doesn’t like the deal . Things might change later when the dust settles down

Let's see how the share price reacts to this news.

Let's see how the share price reacts to this news.

Yes looks like a bad deal.

Musk: The share price has bounced off the 50 SMA (0.0399). Hopefully, this will be the bottom.

Remember, lab results are due this week.

Share price decline may be due to admission of the retail offer shares. Once they are clear SP slowly moving up.