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I'm off the same thoughts. Ten bags to £60m market cap is nothing on speculation for whats coming. Just need the market awareness of it and the herd to arrive.

$172m un risked asset at EP145

https://www.pscp.tv/StockBoxMedia/1lDGLpBWPnPGm?t=14m35s

Yeah, They (Monecor) have the shares converted from warrants at 0.15. They look to be releasing them, first few days I started buying there wasn't much available at .014p. As it rose up to 0.18p there were a lot more sellers. Will be the placement shares as they have warrants again at 0.25p so will sell the 0.15p shares and do it again at when the warrants for 0.25p get exercised. Standard fair for AIM investment firms, sell any rise. I'd imagine they only hold when they know there is far less chance of future raises. May be one more for the actual drilling of EP145 so I'd expect them to sell till it gets closer to drills.

Would be good if more AIM companies looked into Primary bid to give private investors a chance at getting some placement shares.

Good thing is money to be raised. Warrants at 0.25p raise £5m if all exercised through to Oct 2022. Can see this move to that level once the 0.15p ones have been rinsed through and some news comes.

It's all small stuff when you look at the Aus assets potential.

Personally I think the brokers call on firms like Monecor to release the shares as retail demand comes in, looks like thats whats happened the last week or so.

Looks like a 10m block buyer also. Wonder if those are orders and they're helping to push the price down to meet them..

Thanks Da_Gee, Very surprised its down at these levels with all the potential but looks like its the placement/warrant holders in control till news comes.

Have a feeling we may see a rush like this elsewhere soon @Earlofaim ;)

This is when you really see why shares in issue matter.

Just looking at the chart macro scale. Some resistance around 33p or so brought out some sellers who've been holding at those levels. Looks quite gappy after that up to 50p and then again up around 80p. Could get interesting here the next few weeks.

EQT Over 8bn shares in issue
PHE Almost 4bn shares in issue
SNT - 15m shares in issue.

Way more bang for your buck!

1p here = £150,000 on the market cap
1p EQT = £80m on the market cap.
1p PHE = £40M on the market cap.

When something is rare, hold it.

Look at the shares in issue over at EQT and PHE. This will bag silly.

Link courtesy of @Earlofaim.

https://youtu.be/-qGKs_pz61A

Project overview

Mosman Oil and Gas’ 100% owned acreage in the prospec ve Amadeus Basin in central Australia comprises one granted explora on permit (EP145) and one applica on (EPA155), covering a total of 1183 km2. Both tenements are in close proximity to exis ng producing oil and gas elds.
The Amadeus Basin is one of the most prospec ve onshore areas in the Northern Territory for conven onal and unconven onal oil and gas and helium. It is home to three commercial petroleum elds (operated by Central Petroleum Ltd) at Mereenie, Palm Valley and Dingo. However, despite more than thirty years of conven onal petroleum produc on history the Basin remains very underexplored by world standards.
In 2016 SRK Consul ng prepared a report for Mosman Oil and Gas into the prospec ve resources contained in permit E145 which is on trend with the exis ng producing Mereenie oil and gas eld. The report highlights the poten al for both conven onal and unconven onal oil and gas resources in proven reservoirs within two plays - the West Walker An cline and unconven onal gas resources in the Horn Valley Siltstone.
SRK Consul ng calculated unrisked P50 prospec ve resources of 12.44 Bcf conven onal recoverable gas and 1456 Bcf unconven onal recoverable gas within both the West Walker An cline and the Horn Valley Siltstone.

Geology and explora on ac vity to date
Petroleum explora on began in the Amadeus Basin in the 1950s and hydrocarbons were rst discovered in the 1960s.
The Amadeus Basin is an east-west trending sedimentary basin extending across the sourthern part of the Northern Territory and into Western Australia. The basin covers an area of approximately 207 000 km2 and contains up to 9100 m of late Proterozoic and Palaeozoic sediments. The Amadeus Basin has organically rich source rocks, reservoirs with e ec ve ver cal seals at a number of stra graphic levels and a wide variety of poten al stra graphic and structural traps. Five petroleum systems have been iden ed, at least three of which are proven. There are numerous examples of salt-related hydrocarbon plays.
Of the ve historic wells drilled within Mosman’s tenements in the 1980s, two wells (West Walker-1: 2,010m depth and Tent Hill-1: 1,387m depth) showed gas, and another (Mount Winter 1: 2,650m depth) showed minor oil.
Since acquiring the acreage in 2014, Mosman Oil & Gas has employed a methodical and cost-e ec ve explora on approach.
It undertook eld mapping and reconnaissance surveys on EP145 in 2015 and 2016, and since 2018 has been using contemporary technology and techniques to reprocess extensive seismic data from the 1980s and 1990s. Results from seismic reprocessing are promising, improving technical understanding of prospec ve plays, including salt-related structures, and con rming similari es with the nearby Mereenie oil and gas eld.

Source..
https://www.mosmanoilandgas.com/sites/default/files/MosmanAmadeusEnglishAugust2019.pdf

15m shares in issue, History of the chart looks like there is huge room to grow. Can see a few resistance points up at 50p and 80p. Super low market cap right now.

Very nice, had a few of these tucked away. Love a low market cap. Some big market cap news today. GLA

Still awaiting the big news...

Company revenue..

Year End 30th Jun

Total Revenue
AU$m
2015 - 0.004
2016 - 0.010
2017 - 0.048
2018 - 0.741
2019 - 1.11
2020 - 1.49
2021 - so far 0.878
2022 - est 2.31
2023 - est 3.38

226% Compounded annual growth rate.

Helium potential research.

Prospectivity Doc

https://www.researchgate.net/publication/335632055_Hydrocarbon_and_helium_prospectivity_of_the_Amadeus_and_Murraba_basins_in_Western_Australia

Government Docs

https://minerals.nt.gov.au/__data/assets/pdf_file/0010/259390/Helium-as-a-critical-commodity.pdf

http://www.ga.gov.au/about/projects/resources/onshore-energy-systems/amadeus-basin-prospectivity-study

Chemical and Environmental Engineer report.

https://www.duncanseddon.com/docs/pdf/helium-will-it-be-the-next-mineral-to-boom.pdf

Georgina Energy

https://charlesstreetsecurities.co.uk/Resources/Georgina%202.pdf

https://charlesstreetsecurities.co.uk/Resources/Georgina1.pdf

Hydrogen Helium Finds

https://www.renergen.co.za/can-you-explore-for-hydrogen/

Market cap back to £6m

Bargain territory..

Will be some selling from the ones with the next warrants at 0.25p and had the last ones. Monecor i think. I'll grab some more on the drop. I'm building a position till more is known about EP145 and 155 and the expected re rate.

A lot of my buys appeared as sells last week, spread is actually quite tight.

Special dividend..

Not disagreeing under the radar is good, has allowed me to build a nice holding. Upward potential here is looking very nice. Portfolio changing wealth possible with some good helium results. Not long till more will be here and some arial results will give a better guide as to what goodies we have.

Awaiting these results with interest. Lockdown over there so hopefully not to delayed. I think this is into week 9 now so we should hear something soon.

Until relatively recently most of the Helium resources were supplied by the US, however, Australia is currently one of the leading producers of Helium, producing 3% of the world's supply and holds significant potential resources to expand production.

The Bayu-Undan gasfield located offshore in the Timor Sea is a source of Helium to the LNG plant in Darwin. The Helium accounts for 0.1-0.3% of raw feed gas and after processing comprises A grade liquid Helium.



Two wells have drilled into the older Proterozoic stratigraphy of the Amadeus Basin and both have encountered naturally occurring helium gas. The first well, Magee-1, drilled in 1992 flowed gas containing 6.2% Helium from the Heavitree Quartzite which directly overlies fractured grantic basement. A second well, Mt Kitty-1 drilled in 2014, encountered gas within fractured basement, containing up to 12% Helium. These extremely high concentrations are amongst the highest in the world to date.

Helium production has been primarily associated with natural gas production these high concentrations observed in the Amadeus Basin may be sufficient to enable helium extraction independent of natural gas (Waltenberg, 2015).

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Can you imagine if they come up with 6-12% levels? You'll be talking market cap in the hundreds of millions.. Interesting few months and years ahead as they learn more about the Basin.