The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Typical lse not the first time they have omitted an important RNS , other companies news posted on their chat site today. As the link below, really important news with an increase in Stanley production to 93 bopd * price of oils circa $78 * 365 days that is circa $2.6 million dollars gross , costs to come off that say 1/3 roughly that gives us $1.7 million dollars per year , or increases sale value if selling on, good news I would say but don’t tell lse they don’t like posting that!
I don't think so, yes some sellers don't blame them, but SP raising again after that, no big drag now from Spreadex and a lot of potential game changing news to come , and as some say and per Rns , NT approval could come any day even today , who knows, don't be so keen to kill this momentum so soon, in my books just the correction of SP just now before that substantive news, imo, GLA
Traders aside, this is a good rise for LTH and with merit, for ages we have been lowered on the back of Placements, with Spreadex out the game now, this is more like it, make it what you want but over the last days, week , this is just beginning of the correction to where it should be, and with excitement building in Oz etc perhaps still has a lot of legs in this to go.
Good questions, we should be hearing soon about PRoduction numbers, hopefully a nice uplift there, the share price seems to be bouncing back , nice to see some blue on the board for a few days now, agree not much left for Spreadex to hold this back, finally treacle clearing, this could be very exciting year for Mosman, GLA
low sentiment here clearly, increase in production would normally kick start the share price, if it were to rise it should be on the back of substantive news like this, (stanley only) 90 bopd * $70 * 365 = $2.3 million (less 1/3 costs ball park $670,000) = circa $1.6 million. all back of a *** packet calcs granted!
you would be forgiven if you thought they had just announced downturn in production instead of an upturn. also lots of progress happened on oz , not really credited yet.
10 billion shares now is a total drag now, clearly need to consolidate, but not lose shareholder value in that exercise. i would hope and always have that mosman does turn the corner, so many chances to do so, are they getting there? doomsters a plenty but never add any helpful or constructive comments.
the question was invest or not, like everything do your research and make up your own mind, the responsibility of your decision is on your own shoulders, as i suck up my losses and hope for better times in the future.
best
sweaty.
This was huge news for Mosman , we should see a deserved rise in share price , not just one day but continual now if Mms play fair, but that is always the annoyance where it goes up and they could maintain it up at that price they let it fall for their purposes and to line their pockets, my opinion let’s see where we go today nothing surprises me now.
Not checked in for a while
So John gone what’s the difference .
Eh Nothing but share price still down so that made no difference for all calling for a change.
Sp spikes are for the traders , still holding no point in selling at a loss hoping for better but we will see
Best
Sweaty
News must be coming, out in force today.
I reckon we could be seeing the last of the Placeholding going, they had 200 Million left since the last RNS, these guys trying as hard as they can probably on the bequest of the MM's .
Next RNS is no more placees shareholding left, no more bulk selling, oh yes , time for the buying.
PS Last RNS they had £640K in the bank and in no rush to spend any of it, with plans to move forward later in the year.
GLA
Agree with that sentiment, hoped for Cinnabar to be in a better position in terms of production numbers, but with further work overs that may come, looking at the whole area and development Plan, feeds into bigger Production plan I guess, perhaps June update will reflect a more healthy position, but 1.2 Million Aus Dollars is 800 K USD or 640 K Pound Sterling in the bank, so healthy enough current bank position.
GLA til next update.
That is a great endorsement of the work that must have been put forward by Mosman to secure this grant, looks like the NT government are happy to encourage Mosman to progress.
Nice to see a positive move in SP and long may it continue.
GLA
Been a while since last update which suggested work over had been done surely by now we should know what this has done for flow rates, in danger here of hitting new lows in terms of share price at a time where we should be rising.
A lot of talk but nothing truly substantive to get this moving , cmon bod let’s have a positive update on how we are doing US side to stop this slipping more , last placees holding was 200 Million would be good to flush them out!
Gla
Right hopefully all the muppets have sold out yesterday that post their drivel , this as per RNS is work in progress leading up to Q4 this year , timeframe clearly did not suit some so they should have moved on , calm waters and steady climbs back to 0.08p and above, we should here progress on Cinnabar soon in terms of production rates etc and our increased production within our US sites.
Gla hopefully the bod keep us informed and lay out the plan for existing shareholder allocations for the new listing.
As a long term holder I sincerely hope John keeps to his promise and rewards us with a holding in the new company dependent on the number of shares held. There is the trick I would hope and I may be controversial here but if the listing is in q4 2023 there should be an allocation based on the number of shares held as a minimum before this Rns announcement to six months before listing and measured against the holding that person still has at time of listing , that would reward loyalty and give a measure of fairness for those looking to dip in and out when it suits them, my opinion but hopefully the bod take it onboard as in my head it seems a fair way to consider any new allocation in the new listing for existing shareholders.
Gla
Listen to the latest update from John good update and clear about what is happening at Cinnabar and should hear soon on that getting back to full production rates.
On the Corporate review things proceeding and love the last line of that that shareholders should be pleased with the outcome of that.
Lots to look forward to and any updates will be RNSed wait for them for the actual updates.
Gla
Converted to pounds that is £361K plus £300K , so £661K in the bank, what is your malfunction with that number!!
Double production almost, issue in April already overcome and going back on line and rate will be communicated shortly.
Great RNS and great improvements over a number of sites, yet for some they focus on rampers etc, let the numbers speak for themselves, Share price should be rising and hopefully sellers are depleted and we get a good rise on the back of this, it is well deserved for a change!!!!
GLA
Agree with Ford here, for all the ramping you are going on about KitKat, it has made no real difference in share price, we are still around 0.08p which was the last placing price before the £300,000K, take it from a long term holder, or not, the pumping crew as you say has just as much effect on Share price as you and the de-ramping crew, as always the MM's control where the share price is going, but carry on with your agenda's as you are fooling no one that you are hear to Save us all!
GLA
Ha ha ha it is a free hit. Minimum cost to get this producing again. Read the RNS more to come, what is the point in investing in compressors if nothing is coming out POC first , tick, now can plan to produce more.
Gla
Agree headline is successful well work over, 5 to start
Worth buying some kit to install and get more out, tell punters later in RNS how much more we are producing when up and going, all good there , we were getting nothing from G1 now we are producing , good news
Gla
Such wise words, reminds of the fool that pees into the wind and wonders why he is getting WET, perhaps the fool is the one constantly posting under the belief they will change things when reality is they won't.
Sound familar!
GLA
Looks like it is about to burst, good try guys but the market will take this where it wants not YOU! as a;ways such a waste of effort.
LOL