Already a small tick up to start the day, big sell last night , wonder if that was the last of the current warrants , should get news on falcon td next week perhaps even initial flow rates . Hopefully big blue day in anticipation of news next week.
Gla
Baja Alliance can look after the USA side for Mosman (including our man Howard) and the real proof of that is with the Falcon drill as reliant on Baja Analysis of that well.
John and Andy can focus in on the Oz side where the potential in Amadeus is huge, rather they focus on that and that the Alliance comes good with Baja in the USA, win win for Mosman Shareholders.
How much do you think the market would value a company that could within a year could make at least $1 Million Dollars profit irrespective of anything else.
Then put on top of that Asset Values in producing sites in the USA, Huge potential in Oz with one signed up JV partner and one huge potential deal in the future. Also need to consider possibility of other drills to extend the production even more.
Costs obviously have to be considered in the valuation but not for the current financial year as the biggest cost will be taken in shares and warrants by the BOD instead of monetary amounts when approved by the shareholders.
So what is the value of a Company on AIM with near term real possibility of being Corporate Profitable, Producing Assets in the USA and huge potential in OZ.
The share price imho is really a joke at this level I sincerely hope on the announcement of Falcon TD and confirmation of multi-pay or oil zones then further to actual numbers, this gets the re-rate it deserves,
Warrants can hold back briefly because volume on news days like Falcon-1 should blow them away.
GLA out time is coming the naysayers will soon be slayed, lol
Don't figure you can actually get a better price to Sell than to buy MM MADNESS.
GLA
if you try a dummy buy and sell you will see that the difference is now extremely tight, This could ready to rumble!!
GLA
Excellent result circa 25 bopd added to Mosman producing assets, just to put this into perspective Ntog purchased an asset recently which cost 425,000 USD for 30 bopd gross and saw a 30 percent plus increase that day, remember it cost us just over 100,000 USD to get nearly the same result! wonder if the mms will play fair today.
It is the cumulative effect of the Stanley's that matter with Stanley-1 figures to come we could for all 4 Stanley's produce circa 100 bopd gross, add Welch currently and then to come falcon-1
These are exciting and a great result for Mosman.
Gla
We seem to be moving up the way, I wonder if RNS is imminent
I believe as long as the funds from the warrants are put into another Drill after Falcon-1 in the Champion Lease then this short term pain may deliver more short and medium terms gains.
Firstly for the warrants exercised and announced to date (188,750,000 / 500,000,000 @ 0.15p) proceeeds equal to around $360,000 USD.
Now consider the cost distribution and net percentage of production attributable to Mosman from Falcon-1.
Remember communicated via RNS we were told the total cost of Falcon-1 was 700,000 USD to drill.
Well Participant %Costs %stake of production Monetary Cost of Drill (USD)
Mosman 66.6 50 466,200
Baja (Operator) 10.0 30 70,000
Howard (US ops) 10.0 10 70,000
3rd Party 13.4 10 93,800
[Hopefully Table comes out okay above in not cut and paste into a text editor]
So the point being for Mosman to get another drill going in the Champion Lease it needs to cover 466,200 USD.
The warrants currently are totaling 360,000 USD, so we could be in a good place to move quickly if they have that desire which they say they do to increase Production further.
GLA
Londoner
totally with you on the trades hiding the times and the colour of the trades,
For goodness sake surely we just need transparency on trades on whether they are buys or sells
Surely some honesty in Aim and MMs showing trades real time would dispel the cloak and dagger stuff that reflects so badly on Aim,
Unfortunately where money is involved corruption and manipulation is too.
We were at 0.2 for weeks with some honest looking trading now because of a couple of low percentage warrants we are closer to 0.15 doesn’t seem fair, but that’s the problem with Aim and investors confidence in it.
Too many decent and hard working companies have went under because of this type of manipulation.
IMHO
Looks like we got to get through the Warrant Seller still , can't have much left considering the 35 & 15K Sells in the last two days before we see the upticks this news deserves, the MM's were going that way first thing this morning.
GLA
Great news 2 wells spudded, 1 work over recompleted with oil flowing within the month of September, results on initial flow rates with the Stanley’s and falcon coming soon ,
John has given the heads up to the market mosman are moving forward, sp should rise ahead of results , if we get a good or excellent results could see substantial gains in share price .
Gla our time is coming
Hi Londoner,
upset by your post, totally not, in terms of words perhaps mischevious was too strong a word for your posting,
(other posters of late are using the tactic of continually getting current users to explain themselves where for the most part they do not need to as it has been covered by an RNS others who have here for years claim not to know about warrants and who the operator of Falcon etc whilst when challenged they never explain their posts, or others claiming we are releasing too much news so disaster must follow, again this is a tactic that is done generally to disrupt the board),
either rightly or wrongly your posts are getting inter-twinned with these posters (take a look back through the last couple of pages of posts on here and you will get the picture! at a time of heightened fear and hope of the next key important news items for Mosman which could be company changing.
I have invested in Mosman over the years and naturally I will be protective of that investment which I am sure you are of your investments, however as you made clear you are not interested in trading or investing in Mosman but still consider yourself as fact checker (or arbitrator in questioning current holders to explain themselves!).
As I said in my original post Good Luck with your investments and I still have high hopes here for Mosman as key news is imminent (The company is on the cusp of a turnaround!!).
GLA
Obviously the last post should have noted a couple of dollars to six dollars as opposed to cents for correctness it’s Sunday night last
Going to sleep the hope of a rns tomorrow that states the falcon has landed !
Gla
Londoner
No disrespect but you have made it clear you are not investing in mosman so why are you bothered with the amount of premium on the price of oil we get, I get you have a back story of being interested in investing in mosman a few years back and being interested in the mosman story but clearly recently you still maintain you are not in , seems you are spending time posting here to be mischevious at best either decide to trade in or stay out as you have been doing over the last few years either way be true to yourself and take a position or not, an rns can drop tomorrow that sees this rise , only you can decide if you should have put money in or not instead of continually questioning current holders,
We know the board have stated we get a premium to wti in prior rns releases, whether it is a couple of cents or six cents does it really matter to you if you are out?
Gl with what ever you decide
Gla
Baja have been updating their website worth a look.
https://bajaoil.com/challenger-project
Seems they are keen to have a go on that site also, lots of future potential projects Stanley-5, falcon-2 other sites lists by da-gee also,
Including work overs which will happen in due course also at Stanley-1 and greater Stanley money in the bank to push on in the immediate future.
Fingers crossed all goes to plan
Gla
The other thing to consider is with the money banked from warrants and the sale of Welch to come soon hopefully then on a successful falcon-1 drill with rig costs low what’s to stop them moving quickly to Falcon-2.
The guys are keen to get to corporate profitability the quicker the better for investors this short term pain may turn out to be a blessing in disguise.
Gla
Nothing you do about warrants as discussed on this board the other day, suspect giving the volumes in the last few days and the sells this has been forward sold by the mms as usual , looks like the warrants currently are going through in small percentages as opposed to the lot in one go whomever the warrant holders are.
On epa155 day and day after we turned over 1.5 billion shares if the news on Falcon is good
The share price will shift fast.
Gla
Price of oil up 3 percent tonight hopefully this keeps rising as we double our production numbers in the near future and get to corporate profitability sooner
Gla our time is near
Shows strong commitment and confidence from the BOD and one in the eye for those saying they would take cash out the company instead of shares!!
Hopefully we can all gain BOD and all current holders and investors alike, different days now from March this year.
Hope we here news of the rig on site tomorrow or even Spud news for Falcon-1.
GLA
MM' s happy to take all my shares off me, seems they are running low, just need a bit more buying pressure and we should see a nice push up on share price .
GLA