Member Info for Snufkin

Morning, the figures are as expected IMO. Production ticking up, assets being worked on & some better detail. Looks like is 50c on the dollar at Welch at the poo today. Arkoma being invested into and should be profitable dendant on the poo. All good stuff, IF ONLY.... The funding gap was not as high !! Bank facility or placings takes ya pick. Unless they sell assets... As expected .... but they is a great bug canyon between us and the promised land. Where’s Evel Knievel when you need him ......

BM go on thier website...not the greatest read :( S

Murchinson 2 but eith apossible payday RdD ??S

Yep agree with inland stake, as I said, great longterm for MSMN, but with any cashflow remaining in Arkoma, then its day2day cash flow could be the shortterm problem. Unless the have found the “Mother-of all- flows” at Arkoma. Quick, strong & uber profitable or its a bank facility/ placing. I am still a believer !! Been building a large position in here for 18 months... but I need to see the plans to fill the gap in funding..S

The placing, has and always been my greatest fear. If there is an acquisition purchase it is inevitable. Even with welch maybe making $150k profit pa say, arkoma would have to really come through quick, strong and profitable to make a placing unneccesary. Thats why its 33% max at Arkoma, they do not have sufficient profit to do anymore. But if any profit there us being reinvested, then where is the running cost money coming from..?? Figures better be very very good... its the classic gap between asset & pating for profitable production, it has to be filled I’m afraid. :(

Goid longterm , worrying short term. Felt for a long time that the 55% was off the table. Makes sense in one way, but where is the cashcoming from for the day-to-day expenses??? This will possibly put any loan facility back too?? I think unless the financials are better than expected, or there is other news, we are on our way back down for a bit 0.8 or lower... :( carla i am cancelling our date !! S

Thx. Well aware of that washers, thats why i pointed out that is was in red !! Simpleez. Exciting isn’t it, like waiting for baby ... boy girl who knows?? Enjoy the wait. S

Agree totally RD - Still think there may be a twist. AC did say in his interiew that they saw significant cashflow incoming from Arkoma.. Dearly hope it is not an acquisition, unless its the deal of the century. looks like we have finally had a trade this morning ( shown in red ink ). Really just enjoying a quieter board, the w/e looked barking !! Enjoy the day. S

“Speaks volumes” - “or lack of them” ..chuckle.... Yep RD all quiet on the western front !! Still think it maybe only a 40% option purchase - but is there a twist ?? They are confident enough to get the pumps in... but get the feeling its something else... we’ll see. S

Don’t worry re-RNS, they are often later on in the day. JB will tell us soon enough, the content is the main thing. Enjoy the day. S

Yes, all quiet. I think we are where we should be. IMO it is where we are in the development cycle. If developed to their potential, we have some goid assets, but its how we get there, that is settling the s.p to where it is now. An upward move in profitable production would increase the visibility in the way forward. Until then it will remain a foggy picture and the s.p will held back. Once its there for all to see, well thats a completely different company.. still a big week, hope we know sustantially more by the w/e. S

It would have to the mother of all RNS’s for that. Massive production figures & profitability - a BP tie-up & promise of an eternity of no placings. Then yep, that would be a fine s.p. This week. We can dream..

Just back from a lovely weekend and thought i’d check the board !!!! OMG !!! What were you all on ???!! Its like coming home from holiday and finding the kids had had the party of the millenium they have spray painted the whole house with carpaint. Lol This is littlle mosman a 3m tiny company !!! Never ever laughed so hard over my cornflakes... guys you are all amazing !! News this we - can’t wait for the weekends comment - it will be a 4-day slog fest... GLA S

Yep & 0.945 to buy, last of my losse change gone in-129k buy. GL next week all, off for tge w/e. S

Afternoon... well the volume has ticked up and we are entering the final week of the month/ quarter... so maybe ?! Its a when not if.. hopefully some encouaging & detailed news..S

Can’t arrive soon enough !!! Then its April fools day !!! Could be an omen !! 1m shares traded, yawn, means absolutely nothing either way. Be glad when all the news hits, it will clear the air - but who will be the fools in April !!!?? GL S

RD ;) S

Read my mind sweaty..... listen to the man in the know always helps... we are all amateurs here, none of us own our own oil field do we !!!! If we did we would not be on this BB. ;) S

Lots and lots of chat again today, time will obviously tell, but might be worth listening again to AC’s interview with proactive investor a coupla weeks back. He explains the placing, mentions dilution of share price, large( not small) volume pumps, significant cashflow, next phase “strongly cashflow positive”...attractive economics etc etc. We can speculate, but AC is on the revord just a fortnight ago. There can always be a slip between cup and lip & spin, but he is probably in a better place to comment then anybody on this board. Just worth a look if haven’t seen it or your new to the board. P.S don’t forget the 800 barrels of profitable oil per month at Welch. @$20 ppb that $200k p.a. Anyway lots to think about, but as always DYOR. Enjoy S

Morning Simon....I am starting to warm to you !!! Love your post, as they make me smile. Down 5% Mosmageddon !!! Lol S