Member Info for shar1

Andy presented, enthusiastic about Cinnabar development drilling in August/September. Based on nearby wells could be 130 bopd increase in production in September, and Mosman 85%! 350 acre lease has room for multiple follow up wells. Impressive technical work and maps (now on website). John Barr was there, also Howard McLaughlin the USA operations manager and Dr Julie Daws who runs the Australia exploration. EP145 could be a "sweet spot" for Helium, Hydrogen as well as hydrocarbons. Increased drilling activity in Amadeus with new players and $100 million farmins

What email do you use to send messages to BOD?

Smart move to contract Geognostics, they were contracted by NT government, they have access to all the data, including Santos data that led Santos to drill Dukas well
www.geognostics.com/nt-seebase

What is "pathetic" ? This is increase in production and decent cash flow. What is your angle on being rude to punters?

Shares in another company was a non-core asset sold "at market", last lot sold for 0.40. Can't see what the problem is - it could have gone up or down depending on silver price, people in invest in Mosman for oil, not silver. Oil price up again today.

Directors made the commitment to not get paid all the contracted amount of cash when the oil price was crap back in February/March. The price was set at the share price at that time - nothing strange going on at all. Then that offer was repeated to make sure there was enough money to drill Falcon and priced at the share price at that time. Directors have no say in what shareholders decide at the AGM - I don't think they can even vote. Its up to shareholders to decide - use cash to drill and pay in shares or spend the cash paying the overdue amount owed. You can make that election on the proxy form.

the words in quote marks are selective; it oil and gas but both have value, its a total of 543 not 80 bopd
The revenue from both the oil and the gas will be significant
80 bopd at say $40 = $3,200/day
2.78 mmcfd is about eq 463 bopd, but using gas price say $3 = about $8,000/day
net of opex (not much for gas wells, they flow without pumps) and royalties, still a strong number

Great flow test result RNS at MSMN but no share price move.... AIM is weird

Baja web site also says

DISCOVERY AT FALCON #1 WELL IN CHAMPION PROJECT AREA

all talk or are you putting money where your mouth is?

Debt? that can take share price to zero

Near term potential significant increase in production

So recent capital raise and another $90,000 in the bank..... and with higher oil price what will Welch be worth now? there may be more buyers with steady $40/bbl oil

no point in raising less capital had to be GBP 400,000 to fund Falcon.
GEM is not enough to fund Falcon (currently worth about GBP 50,000)
Price in 2-3 months depends on Falcon result

Where is it? what will wells cost? were is the money going to come from?

what could go wrong? can I spend my profits already?

at least oil price strong... where will it be when this goes to production - when is that?

don't understand why oil price up, share price down...

Central shares up 36% to $88 million MC

same at ntog - oil price up, production up, share price down. No correlation between value and share price