Member Info for soulac

Nonetheless, we expect near-term investor focus to remain on updates from the Cinnabar development (75% WI) in Texas, which could be potentially transformational for Mosman.

Https://www.proactiveinvestors.co.uk/companies/news/1016551/mosman-oil-and-gas-takes-further-steps-towards-possible-helium-spin-out-1016551.html?viewSource=TwitterUK

EGM soon shareholders to vote, we will know soon exactly what’s going on.

Corporate Review

On 4 May 2023, Mosman announced that its preferred route forward to building shareholder value was to unlock value in its exploration portfolio by pursuing a separate stock market listing in London for its Australian assets, the EP 145 permit and the EP(A) 155 exploration permit application in the Amadeus Basin in Central Australia. The Board has been active in taking a number of steps in furtherance of this goal. The eventual transaction remains subject to shareholder approval in due course.

IPO being shorted

Mosman advises that it is in the process of will shortly modify the corporate structure of its subsidiaries to facilitate the IPO of the Australian assets. Previously, Mosman owned all the shares in Trident Energy Pty Ltd ("Trident") (EP 145) and OilCo Pty Ltd ("OilCo") (EPA 155), and both subsidiaries were funded by loans from Mosman. Mosman has recently formed a new wholly owned subsidiary, Adagio Resources Ltd ("Adagio"), and the ownership of both Trident and OilCo will be transferred to the new subsidiary (Adagio). The change does not have any effect on Mosman's beneficial ownership or operations

Interesting trades going through,,!!!

Https://www.lexisnexis.co.uk/legal/guidance/offtake-contracts-key-issues-for-project-finance-lenders

Do you think GE are waiting for the off take agreement to be signed off,

I been reading a bit about this,

Normally lender or investors prefer this in place before committing,

Https://twitter.com/Mosmanoilandgas

The Cinnabar well would be nice to start with, he said it would only take about two weeks,

Come on board,we need an update,

Just tweeted

Mosman Oil and Gas

@Mosmanoilandgas

·

19m

The Company is progressing positive commercial negotiations on potential future helium production offtake arrangements in respect of EP 145, with two Chinese based companies.

Nice to see a bit of blue,

We must be due an update very shortly,

That’s why the sp has been trashed, what ever the out come, looks like Tomco may lose part of greenfield ,

Https://twitter.com/Mosmanoilandgas?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Tr1 rns out

Not long now and they will be out, at last

Tweet

https://twitter.com/Mosmanoilandgas?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Another tweet

https://twitter.com/Mosmanoilandgas?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Volume up this morning, news to follow, imho

Surprised we’re not had any news,