Member Info for steakpie

It’s like being between the devil and the deep blue sea !
Consolidation is a result of over dilution in my mind but we must be at an advantage to have 38 mil rather than 3.8 bil shares and the warrants etc etc !
History is there for reference and being still here let’s look to forward thinking as l believe we are in a position of production and prospects with Aus assets on the back of Georgina Energy IPO and our 30% in E155.
Yes lm annoyed with my investment over the last 5yrs etc .
This needs a turn around and l see consolidation of nothing as trading is just flat with sells every day !
But !and big but ! I trust this is a technical call by BOD as funding has caught up with them but if this is a tool to turn us around and self fund and grow lm in favour of it .
My opinion

The sells here have been relentless and in my opinion it was due mainly to the last placing as mentioned on RNS 19th March 2021 as chart supports !
RNS.

Details of the Fundraising



To fund the exploration programme and drilling at EP-145, the Company has raised £1.5m (before expenses) by way of a placing of 1,000,000,000 new ordinary shares of no par value in the capital of the Company ("Placing Shares") through the company's broker Monecor (London) Ltd, trading as ETX Capital, at a placing price of 0.15p per share (the "Placing Price") (the "Placing"). Investors are also receiving a one for two warrant exercisable at a price of 0.25p with a term of 24 months (the "Placing Warrants").

Big question how are those Warrant agreements. Going to work with consolidation ?
I think the market thought this would be funded by self and production increase as that did not occurred patience ran out !? Maybe?
My opinion

Now with oil trading at $77 and speculation is rises etc ! The Bod have made a decision and looking at reducing the laver flow of trades which has held us back !
Gas prices in US picking up !
$2 mil in bank ish !
Flow rates steady and rising hopefully
News flow on the rise on production numbers
One silly pathetic share price which is in my mind at a bottom !
Australia etc etc E155/E145
This is a gamble but if the stars align it should be a better 2022 all crossed .
Positive thinking and we have been to hell and back a few time but mainly we are still here .
LOL
My opinion

Right so this is what people were asking for some months back ! I personally cannot see an issue with this at 100/1 as it will bring shares in issue down and attract a better more stable holder.
Every company l have held in after consolidation has done well ! And as long as Mosman don’t repeat issuing billions of shares like confetti for markets to play us again !.
That being said it’s just awaiting lots of positive news prior to consolidation .
Just speculation on my opinion l wonder if this was done to remove backlog of shares market cannot get rid off at price that is just a loss , as sells could go on for months at this rate ? Just my thinking

Shame we had blip at falcon as the numbers would have been totally different , now looking at the flow rate is much better , No mention of disappointment ongoing leaves me happier but not smiling as we need big numbers constant and sooner!
Wages still do me in for 12days a month wish l got paid consultants fees that high, anyway that is it.
One main point l will stress is the heading (Shareholder Value )Bod ! while l have been here not what l rate as acceptable share holder value but l am relying on you to create some and have done for sometime now ! If all is falling into place re production going for growth we need improvement shareholder value (considerable) very soon .
This is part of your aim
My opinion

Nice to see $76 mark today !
News for New Year BOD would give us a good start! I think share holders deserve a return on investment some time.
Repeat request monthly numbers on production would give guidance for new investors to risk there investment and BOD transparency .
My opinion

"The combination of these developments, increased equity at our Stanley and Falcon projects and the much stronger oil and gas sales prices, means increased revenues and growth. The higher prices should also increase the potential value of the Cinnabar redevelopment project, where technical work continues to identify drilling locations."

We need feedback in the area of production !!
Actual numbers of wells and production from such ,
Must be a daily if not weekly diary insert in most businesses so not too much to ask . Not doing this leaves the question marks and hence the nervousness of investors wanting to invest .
SELL company product and people will buy simple
Dyor
My opinion

We want Winters-2 flowing oil and plenty of it !
That would be a new yr present .
Fingers crossed
Come on BOD get this done

Ok that is good news before Christmas and rig going to Winters -2 ! Perfect

Correction results were not delayed wrong company
Dyor

Well Da_Gee those numbers will every interesting!
If Bod are truly producing share holder value those numbers will show one way or other .
They were delayed last yr so hope there are delays this year .
I just cannot understand the early year hype re prospects by yr end to just end with another poor run up to Christmas .
If it was a lifestyle company we would be on bread and gruel .
My opinion

We got through 100mil shares traded so plus side is twice as many bought than sold if you believe red /blue. Few days like this in trading terms would help

If this is being done in the next couple of days why did they just wait till then to tell us the great news
Just beggars belief how they comunicate ! Maybe that is the issue with me !!!!!
My opinion

Agree as whenever we get the negative RNS price takes on a new low for period and the elusive .015/.020 get further away but main point is wages are still paid , and continue etc etc .
Then all that bought like today at sub .009 will off load at ! Yes .0015
Laughable this has got to change Bod
My opinion

Bod if you are going to publish an RNS with issues of sorts it would have be an idea to give production numbers as well !!
It has taken a whole month to get to this RNS really !
Please produce value for money as the share price sucks at the moment .
Production is all we have to support price ASAP
My opinion

Zzzz really

Posts today have an undertone which is familiar !
Repeat content and not familiar with MSMN why ??
Normally disappear like the wind .
Proof in the pudding let’s see

By the way l do realise we put RNS announcement on falcon.

It would be good if Baja update announcements as the last one was from production flow at falcon on dec 2020 and nothing else !
News soon would be nice