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nice1, I agree we need an update from the BOD with the production figures for US, we know drills have been started at Winters, and improvements were on going at Stanley, and workovers at Duff, just need some positive news on increased Production levels to move away from here.
GLA
LOL, are we to call you prediction Pete now, it was 0.16, then 0.15 and now 0.12.
As I have said, I have happily bought more at this level and surprised the MM have taken it down to this level,
but presents a good buying opportunity for some to take the shares at this level. Instead of buying in now you are looking for a lower price it seems.
The Warrant Sellers had shares at 0.15 and Monecor for that matter, why would they sell under 0.15 to make a loss ?
So you can get to your buy price, it was 0.16 then 0.15 and now it is 0.12 , good luck with that Pete.
Managed to buy a few at 0.1551 can’t believe the warrant seller offloading got us there but hey-ho
Look done now , share price like an elastic band should move quickly to 0.18-0.19 range, hope you having been buying , changed my recommendation from a strong buy to a hold a while ago as I reckon the more shrewd amongst you would be accumulating at these levels so hold for gains, this should move up and beyond 0.25 in time As that is the next level for warrants. Imho and dyor
Gla
Making great progress in Oz now , positioning things nicely in US operations also, get improvements in producing numbers there soon, should create a solid foundation for moving forward, warrant shares at 0.15 must be close to being depleted , next step up is at 0.25 so good potential for share price growth in the short, medium and long term imho, dyor
Gla
Excellent news, retaining their 23% farming out 22% costs elsewhere at a small cost to Mosman.
If as predicted fingers crossed circa 190 bopd would be 44 bopd for us, net royalties and costs, could be circa 35 bopd net so
35bopd * $75 wti * 300 days (in case of downtime!) = $787,500 , our Drills costs etc $150,000 , no wonder they are confident to cover that off by the year end. This adds into other producing wells and more news to come.
30 Million block shares sold the other day in half an hour, that's half the Warrant Sellers 77 Million gone, I reckon others were forward sold if not been sold when they came to market on 8th July, cannot be many left now!
Monecor probably still reducing their stake but seem to be doing it in a managed fashion over months as opposed to immediately.
Great price to get in at with more updates to come, imho, dyor etc
GLA
Two wells in the next 60 days
Share price moving up
Pete you still snoozing moving away from your 0.16 prediction.
Gla
Totally check mosman website all other cheap 0.15 warrant shares are gone as I forecasted. Next step over 0.25 for warrant exercise that is not directors warrants. They sneaked 77 million on the deadline date but that will be gone quickly . Perhaps your are looking to convert your 2k loss in 88e here Pete good luck with that you should get in now before It double bags! You have been warned snooze you lose!
Gla
You wish Pete, go back to pumping your own shares.
A lot of news to come and NadsoilCo deal settled, immediate uplift in Production numbers for oil, with high oil prices, this will pay back quick style and get us closer to Corporate Profitablity.
Dyor Ark40 Pete has a mischevious agenda
77 Million warrants represents circa 2% percent of the share base, look at recent trading volumes this will be consumed very quickly.
GLA
Hitting 3.75 and we have Falcon producing more Gas, wonder if they will continue to open the choke up a little more, whilst the prices are high, guess its a balance.
GLA
Monecor has reduced its holding by 40 Million in a month, sensible way to offload not to crash the share price by selling them all into the market at once. Original holding was circa 550 Million down to circa 360 Million now.
More news to come and volumes continue to be decent to facilitate an increase in share price.
GLA
With respect Alamo that is your opinion and you are probably right about the difference between extreme LTH from the start to say me, I came on board 4 years ago for the American play, since then I have been continually buying small amounts often before and after placings and hope things progress as they have been recently. I have increased my shareholding and my average over time, where I still feel good about making a good profit here by next year. Other short and mid term traders have been making and losing money depending on their strategies and get out prices.
However I do find is quite arrogant for other people to come on here recently and do the following.
1. Tell other punters how we are 'Mugs' (IF you are posting on this LSE or other blogs you are certainly not a millionaire and have no right to put your nose down at other traders or long term holders).
2. Pump other shares on here like KOD and PREM who have 5 to 6 times the number of shares as us.
3. Then tell everyone what a complete disaster this company is when you look at recent news where the bod are increasing production within the US and progressing OZ.
All Aim companies place and dilute to Grow, then they get to a point where they are Corporate Profitable and the dilution abates.
More US Drills to come as announced via RNS.
I don't think a minute there is a not a lot of disgruntled prior shareholders that have lost money and for that I have immense sympathy, but things move on and that is what the guys are doing. Last year we were wallowing down at 0.03p looking down and out, now we are at 0.18 -0.2p Range, with lots of news updates to come with multiple prospects.
We are increasing production currently at Stanley and the US.
This time last year the share went from 0.04p - 0.25p on epa155 news , Our JV partner there is listing in July to progress 'our' helium prospect there which will be a free carry for us, no wonder people are trying to down play Mosman.
Words like DISASTER and 'MUG' Punters and of course the Placing word are tools that derampers use to get in at a lower price.
GL all genuine shareholders and happy profit making whilst the embittered try and down play what Mosman are achieving.
A 20 percent increase from falcon with higher gas and oil prices , as a mug punter I am happy with any news on production increases thanks
Way more news to come on multiple fronts , this business is motoring nicely at the minute.
Gla
Motoring now, looks like the Warrants Well has dried up, attack on 0.2 today would be good.
GLA
More people will wake up thinking mosman looks like a good buy. We have 3.5 million Australian dollars in the bank and we are committed to spend 900,000usd now (1.2 million aud) and then 100,000usd in 12 and 24 months for the latest deal.
We are spending 300,000 aud on seismic data gathering in Oz over ep145.
That should leave still around 2 million aud in the bank to put towards new drills etc.
We have increased our stake in Stanley to 35-39 percent stated 60 bopd net to mosman profitable as stated in rns in the teens , and our oil sells at a premium there, with more production updates news there to follow soon. That alone should cover our operating costs and manage our burn rate.
Gla
Hi vbeckers
from all the history of your posts I do not believe anyone has accused of you of being a deramper, I will tell you one thing if it helps, I believe we are in a far stronger position today with this news and oil and gas prices , and our moving forward from here position with our US and Oz assets.
I believe we still have warrants being chewed up and perhaps Some short termers saw an opportunity to get out onto their next trade, and Monecor have a chunk to sell which again they may see an opportunity to that currently, but when they sell is as always debatable, they may hold a stake for bigger gains in share price for the future.
But as before warrants are finite (not repeatingmy previous post but look back on my history to show what the picture in the middle of July will look like.
The volumes have been good for a while now and we have way more news to come.
This will go when the churn is done, and then I think it will fly quickly and surprise loads, anyone with patience and prepared to hold will see that day soon I believe, others bye and bye and good luck with your next trade.
GLA
This is big news for mosman look at the oil and gas prices with big increase in production and funded acquisition ,
Petesfortune you really need to keep posting you are turning into our lucky charm.
Gla
Petefortune pumping other shares on here , should come back more often Mosman up 7% now,
better rise here n'est pas?
gla
Hi
with respect to Warrants I posted on 5/2/2021 the following in an answer to new poster BP11
Warrants
200,000,000 GBP 0.0023 (February 2021)
311,250,000 GBP 0.0015 (July 2021)
360,000,000 GBP 0.0025 (October 2022)
16,000,000 GBP 0.00125 (October 2022)
52,083,334 GBP 0.0023 (December 2021)
52,368,750 GBP 0.0015 (December 2021)
The last two rows above are Director Warrants fyi.'
As at the 18/02/2021.
We find the following :->
263,750,000 GBP 0.0015 (July 2021) [Reduced as warrants for 37.5 Million and today 10 Million have been executed]
360,000,000 GBP 0.0025 (October 2022)
16,000,000 GBP 0.00125 (October 2022)
52,083,334 GBP 0.0023 (December 2021)
52,368,750 GBP 0.0015 (December 2021)
The last two rows above are Director Warrants fyi.
The 200,000,000 GBP 0.0023 (February 2021) have expired I thought it was to the end of Feb but not so clearly on the website now,
So no dilution on this one, (Good or bad, people will have their own opinions of that, but this is the position now).
As at 18/06/2021 We find the following
226,250,000 GBP 0.0015 (July 2021) [Reduced as Warrants for 37.5 Million Already, but does not reflect 70 Million exercised and introduced into market 17/06]
[So true number remaining is actually 156,250,000]
360,000,000 GBP 0.0025 (October 2022)
16,000,000 GBP 0.00125 (October 2022)
52,083,334 GBP 0.0023 (December 2021)
52,368,750 GBP 0.0015 (December 2021)
20,000,000 GBP 0.0015 (March 2023)
So everyone is clear and it is public knowledge from Website (which needs updating from above), I believe the now remaining 156,250,000 @0.15p
needs to be executed on or before the 2nd July 2021, if accurate to when RNS was released announcing the original placement and warrants in July 2020,
or it could be 9th July 2021 as the shares were introduced into the market from placement RNS 02/07/2020 on the 9th July 2020).
So basically when we get into the middle of July 2021 (Where we should see news updates on Stanley, Greater Stanley and Georgina Energy etc)
the picture with regards to warrants should be as below :->
360,000,000 GBP 0.0025 (October 2022)
16,000,000 GBP 0.00125 (October 2022)
52,083,334 GBP 0.0023 (December 2021)
52,368,750 GBP 0.0015 (December 2021)
20,000,000 GBP 0.0015 (March 2023)
So this should help facilitate a move up in share price hopefully as warrants will not be exercised unless the price is above 0.25p.
Proviso : Monecor is still Reducing its share base on current info intially circa 550 Million to last comm via RNS circa 400 Million but don't doubt
another 40 or 50 Million will have reduced their holding again, expecting on a RNS, FRiday seems their day to announce their TR-1's.
The timing of when they sell the rest is debatable. They may hold for a bit for the share price to rise before dumping.
The more news and more volume the better to churn the shares quicker.
All imho and of course d
Falcon re-completed to zone with NO water, deliberately being choked to monitor performance.
Hope they decide to open this up more in the future.
Updates on Stanley are positive, need to see what the figures look like after all settled and stabilized.
Greater Stanley being drilled to another zone this month.
Oz to progress starting with Georgina Energy coming to market in July to progress epa155, and we are progressing ep145.
Very positive currently and good news to hear the water issues at Falcon has been resolved.
GLA
Strong rebuttal from the board that they are still focussed on US operations and will continue to endevour to progress prospects and projects in the USA. Still have 3.5 Million AUD in the bank so on the face of it they are getting enough revenue with current production and oil and gas prices to limit the burn rate which is encouraging, if as hoped we get information on increased numbers in the USA in the near term that can only improve the cash reserves.
Crazy drop after the clarification RNS where some have been wildly deramping and speculating for their own selfish purposes not based on reality but attacking the board and Mosman on assumptions and deliberately spreading mis-information. I for one for the record want Mosman to do well, the BOD to do well and all the genuine shareholders long and short to do well including me, we are all entitled to our opinions but always remember it is in RNS's the truth actually lies.
GLA