Member Info for Snufkin

Not sure 5p next year sweaty, but the.49 will be a seen a bargain & a distant memory soon. I agree the placement drag has gone in the near future. Overall Production will continue to rise & Arkoma will be improved too. If Norseman could even just repay our investment, it’d be great. But i do have a little sneaky feeling that might have a great little surprise hiding underneath our investment there. JB was adamant to get hands on it, i’d like to think he saw something very benefical for MSMN. This will gradually, IMO, head north as the “loss-selling” dries up. Good news will then take it up a level .65+. Enjoy the ride upto Christmas. S

Afternoon, congrats spary on 10k posts :) stanley should be named “spary2” in your honour. Struggling to understand the trades over the last week or so. Its a pattern I have not seen since I have been invested. My only thought is that as each day goes forward there is a greater percentage of stock that is being locked away. IMO all sales are being done at a loss, this will reduce until it finally dries up.... we should see the price easing up. .55-.65 is my thought on where we should be. Arkoma is still a headache until production increaes there. It is in a very good area of the country, so one could have expexcted a greater return on our investment. That is a drag on things. However the decision on the extra 6% was a great decision. Stanly 2 should bring in better returns. My eyes though, are still on Arkoma, if that improves then we will be move forward. Its a drag on sentiment at the moment. This is an excellent LTH and .49 is a gret entry/ top up opportunity in the longterm. GLA - nice one spary- here’s to the next 10,000. Your a legend :0) S

Its just the classic “not in my backyard” . I used to work at Manchester Airport. People would buy a lovely house, then complain to me its near an airport and there shouldn’t be any noise. But go ahead and use the same airport to go on holiday from... :)S

Interview was solid. We are still making progress. I’ve been in a few years now, its a LTH and “buy in the dips” investment for me. We are making slow steady progress. For those not here long, Revenue for YE2016(june) was zero !! YE2017 was AUD16k !!! YE2017 will be @AUD 1m+ and if all goes well YE2019 AUD 2.5 - 3m. We are getting there, too slow for AIM to take notice. But IMO, we turned a corner last year... its a great LTH. Patience will be rewarded.. :0) S

Hey sweaty, you missed out one.... The final results in november??? For me its the most important. We can finally (hopefully) get a clearer idea of profitability? Other than that yep, there quite a bot to look forward too....S

Thx :)

Morning, just looking at the chat, would like to read the RNS. Looked on msmn and lse & I can’t see it. Any ideas where it is. Thx S

Yep for 300,000 shares are sell .50 buy .615 on IG index. Thats not normal as 100k purchase is quoted at .545. All on IG . :0)S

Hiya, no i just keep high’s purchase, lowest sale price per day. Also the volume wich is easily available else where. Guess I could start that too. I find if i write itdown its easier than all the computer graphs etc. I find the lowest price sold per day is very important, it tells me more the mid, closing or higher value. The spread also gives me an idea too. Paper & pen, old fashioned but good for me... 0.525 is a snip of a price IMO... :0) S

Hey Spary, Very strange ? The sellers MUST be selling at a loss ? but they still keep coming to the market and selling into it. Bizzarre. I have no credible answer to it. Been in this for years, only saw this once or twice when bad news was coming. But this is something quite different. Bonkers. If you wanted to sell why not do it earlier in the week and you could have got .63+ ? you've just sold for 25% less ? madness.... Shame my investments are not liquid, this price is amazing (unless there is a mosmageddon hiding round the corner). With the normal share fluctuations you could make 20-30% in the next two months or so, IF the usual fluctuations are the same as they've been in the past. We are living in strange times my friend......strange times....:0) S

Hey Spary, very strange market this week. 5m shares traded in half an hour or so, late Tuesday, followed by 1m in a day and a half... I keep records and can’t see this before. Its as if someone has turned the tap off ;). Selling dried up and buyers sitting on thier hands??? As a chartist, this is a very rare and interesting time?? Regards. :0) S

Morning WTF, IMO its down to three points really. May’s placing, deferred hope at Arkoma & the two share purchases.Although the oil production is improving and heading in a LTH direction. Those 3 are casting a heavy shadow & its difficult to shake that off. IMO the board needs to bee seen to consistently show good judgement. Its all about belief in the board, backed up with sustained progress & good judgement. To sum it in one word, “Trust”. The figures are improving well, but there seems to be this shadow across the share. Spikes in s.p is all we get, sustained s.p will come as those 3 things fade in the rearview mirror. All my own opion, people will disagree I’m sure, but thats why we are languishing, but with figures improving, we will get there. It wiuld also help if the BOD bought some more shares:0)S

Yep,disappointing, but not surprised. I got the feeling the brakes were coming on a few months ago. If it was a blinder of a bopd project, they would have snaffled the stake asap.

But on the other hand, Welch 50bopd, 25-30 (when running) from Arkoma, Stanley 25 ish - + bit and bobs. @100bopd Msmn is producing. That's better than this time last year.......We still (most annoying of all) have no idea of profitability, but with Stanley 2 (poss) Welch development etc - we are still a nice little company if you have $2m in your back pocket to play with. Slight over-reaction on the s.p, but IMO it will put a ceiling on the s.p for a while, unless there is better news. Ho hum.....That's oil for you :0) S

Yep, agree, Arkoma is vital IMO. Not the % we own, but the production figures. A good set of figures and we will continue with a bit of momentum. Average/poor figures and we’ll stall again. Big fortnight ahead....

Morning all, Nice little RNS this morning, with a probable upgrade in the amount if revenue MSMN will receive from Stanley. Not enough to “Boom” as some have hoped. But with news to come, its another proved income stream. I much prefer these incremental building blocks, than the Murchinson, something, sometime, never.... say it settles at 25bopd for msmn, thats a steady $500k of sales p.a. Nice investment for the $135k it cost. No profitabilty per barrel yet, but whats not to like. Enjoy your days... :0) S

News wise, maybe not ukog???? There s.p is soft this morning.... maybe news just regarding ANGS?? Either way nice to see us above 8...GL

Doug, I think spary was using the following.... 5bopd x $70 wti x 365 = $127,500pa.... hope that helps. :0) S

Morning, Not surprised about the selling this morning. Fuss abt nothing really. The RNS will have changed the minds of some multibaggers, thats all. The volume is very small so far, if it persists all day & the final volume is 20m+ then thats worth a notice. But on the other hand... if you can get some shares sub.55 then you’ll have done well IMO. Best go off and do something more important than watching the s.p all day, my humble suggestion is we all go and enjoy the day... God bless those who sold....they’ll kick themselves when inevitably goes back up.. take care & don’t add fuel to the little fire by selling. ;0) S

Morning, interesting little RNS this morning. Nice to see welch ticking up.... each barrel is 21k more of income p.a. Its seems like the U.S meetings next week, could well set the the strategy for the next season. Looks like they might be both investing and pruning what we are doing. IMO they’ll be a more substantial RNS later in the month. Only “fly in the ointment” for me, is the utter lack of info on Arkoma, no flow rates were mentioned again. It was a major investment, but nothing in the update?? I know there has been storms etc, but a bopd figure would really help...... on a side note Oz may need extra seismic work....so those still holding thier breath, might want to start breathing again, maybe a while yet, they have time... Anyway enjoy the meeting,if you go ask abt Arkoma production please.... have a great day... :0) S

Hopefully your not in america and you’ve just made a call ??? Not that depressed I hope ??? If its a car, Nice, but I’m a jag ftype myself.... overtake me anytime.... too old to race now... fill my time with bb’s now.........Oh God, what’s that number again?? Lol ;0) S