Too many shares in circulation to get to the bottom of that ! If you produce confetti it just blows everywhere . I was looking at ntog , producing and 730 mil shares just frustrates me when we just dilute at such a discount continually , simple mathematics to an Accountant !
Prior to AGM it would be a positive note to agree change here to totally benefit shareholders investors who have plugged the holes while wages have been paid during whole 7 yrs not to mention other perks etc ! Plain facts to show that this is not just a company built around directors life jobs but to show that one word could be true which we have been mentioned quite a few times TRANSFORMAL ? Still waiting for anything near this guys ??? Production or nothing
The mention of funds or current cash position as we have funds for production and producing funds surely the current funds position should have some contribution from current activities ! ? We never seem to get those pushed on an RNS . Would be nice to see the income contribution from activities as well as the expenses of production . Seem obvious to me ! That worries me
At least the RNS covers our question on growth rates at Falcon . We need to get stable inflow of funds and costs need to be focused on underline profit numbers as the money in / money out need to produce much higher growth . Look forward to the numbers mentioned
Bod in reality have to communicate by rules of being a public listed company, the news flow of production if good will take up a level but to supply the constant flow of good news requires boots on the ground ! RNS news is supplied from a terminal , production increase will be from ground works which need to be pushed at a much faster rate to achieve the funding to run wages and permits and growth etc . This needs to be accomplished before more funding is required . Push ! Push !push is what we need daily ! Oil at $82 and we need that oil NOW . My opinion
Don’t like backtracking personally ! Words like ! “at this time “does not mean it is off the cards and no news of production which share holders are banning on about all the time . Time is money so all this backtrack has cost us ! One unhappy share holder here In my opinion
June 21 last news Falcon at which time the flow rate for the 5days were ! With a 7/64 choke, the well has now produced an average of 114 boepd of gas and 7 bopd of condensate for a total of 121 boepd (gross) over the last 5 days.Why are we left GUESSING just after this we get a 6month production numbers but that is now 6. Months behind for us !! Another question John !!!
Don’t forget to put your questions to Mosman before the 20th . They just got my list ! Well Two one regarding consolidation and funding through growth not placings . LOL At least oil is back up to $82 we just need to get to it
I like all on here want this to get sorted and move upwards while the world still uses oil ! Patience is running low and the next round of changes had better hit the button if agreed by majority of holders . BOD keep us in the loop as we need to be aware of progress forward !
Did report and removed !! I read posts for information not childish comments ! You are not the only person with questions to ask but don’t see the question on your post ? By all means send JB your comments directly if you feel that strong about it but for your own interest feel lucky that post was removed !
Mr Gidget’s post !! What is that post about ? Comments like that are offensive and derogatory to an individual let’s hope for you that you do not have an ip track . Disgraceful reported
RE: Nett loss $6,193,333 over the last 24 months.6 Jan 2022 22:18
Oil $79 again helps bottom line , if production has increased just good timing , companies grow on production to o support bottom line , in process of that !
RE: where can I find my shareholder reference number if I have any at all?6 Jan 2022 16:14
That is one opinion of many ! Raising the production to fund a company can take many turns goo and bad , l accept we are well over due a correction but again that is my opinion , The facts that posters are saying go both ways and can change with a sudden reorganisation or not . Either you trust current Bod to get this moving or choose to go down the posters on here route of guess your way out of a problem . I have had yrs of waiting and hoping and in that time seen companies l have been in go bust or reorganise or sell out ! and my opinion is as a result of all that gain and loose expectation ! Don’t forget ground works and production works issues etc are by others Mosman as l see it just oversee the contracts ! If there is an issue that is it . Dyor my opinion
RE: where can I find my shareholder reference number if I have any at all?6 Jan 2022 13:49
Agree that it is not in monecor’s interest to drop share price as they funded us at .15 so easy calculation they would mop up at less than .10 ! They are not selling out so lm ok with our financial position and average down is the ok with me . My opinion
We cannot conclude or estimate numbers with lack of up to date information ? As we are always 3 months plus behind the numbers! we have to have the confidence that the BOD are acting in our best interest . Given that l can trust BOD l would be happy to go along with reducing numbers of shares to halt the landslide of number in the coming months / years. Mosman is in a growth stage and that is and has always been the gamble with exploration oil companies , now production is on the up this should translate to bottom line given Lady Luck . I think it comes down to the old if you don’t like it leave it , we need confidence and this is the way . My opinion