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BOD need to expedite the mineralisation they have to date and pay the extra amount to see if there is gold in Redsetter. No point running 2 rigs and spreading yourself thin. Everyone should demand they work on the results to date to calm the market down. We are now down 60% from. The recent high of 18p.
It's not a deramp it's reality.. Points i made are correct.. I hold 44 million shares here myselfat a higher avg.. You know as well as i do we had record oil and gas prices every oil and gas company have made record profits. What's the excuse now? Fyi JB reads this board as well hence the RNS today as i copied the info from the may 2020 RNS stating it mentions 70% farm in...since April they were suppose to have the CLC review any update on that..
Got 3 days left for September. Spud in Aug / September.. I won't be surprised if it was next week they just cannot get anything right.. Hope to have a good current qtr update as well.. See if we are making money or not. Falcon our main producer being down numbers will look grim but as ever I'm praying.
11th May 2020 RNS. The Farminee will also undertake technical work in accordance with the permit work programme, and thereby earn a 70% working interest and become operator of the permit. Mosman will retain a 30% working interest in the permit. At the time of drilling of a well, the Farminee may elect to carry Mosman through the cost of the well and in that case would earn a further 15% working interest, in this scenario Mosman would retain a 15% working interest in the permit.
Rp could do more here just before the placing and the DL deal we had regular updates on Halo project and then 2 Redsetter RNS's git them to a high of 18 followed by Purchases of extra land from DL and gave him 14.5 p for about 2 million shares.. Then placed at 10.35p as well.. Since then they do not want to give regular updates.. All systematic i believe. Shame to RP for orchestrating this... 50% down on a couple pf weeks ago. Even DL was tweeting as well.gone quiet now... What's changed nothing he just hyped it up pure insider trading he knew what was coming as well.
London Stock exchange has Georgina Energy as late September. So next week is the last week of September. Hopefully we will have a date early next week and by Friday it could be listed. That would put both permits for mosman back on track. One is EP 155 30% and EP 145 is 100% owned. One of the execs at GE is ex central Petroleum who can get the work done.. Land approvals etc..
Quite surprised there is no buying at this level... Investors happy to pay 18p and even top up on the way down.. Nothing has changed apart from a. We got more acreage and a placing at 10.35p it should have been at a higher price at around 14p to be fair.. I guess you cannot put a value to potential until results. Cannot be far off now??
Yes we were in the 0.012 to 0.014 region for a while till the last placing at 0.008 currently it's still below the placing price as per the last post this drill could Finally be the transformation drill Mosman has been waiting for. Good buying today the traders and opportunist know this will fly.
Key is we get oil going from 130 boepd to 245 boepd an increase of 115 net to Mosman. That would be great result for mosman and what could be a start of a drilling spree of cinnibar 2,3 and 4. 345 acres if it and spacing of 40 acre per well.so about 8 Wells we can potentially drill if successful. All ifs and butt potential is certainly there. If they achieve 245 boepd they should no announce corporate profitability in the near future. We have dilutions but no debt traders should be back from Tuesday onwards £3 mcap is a joke. Sentiment needs to change and hope Georgina Energy finally get an IPO this month. Due to the energy price cap markets will stabilise and fears of a recession are reduced as well. Investors should be back from holiday as well..
If we hit big helium reserves maybe in Aus.. But back then they only had 80 million shares now we are 5.2 billion.. What I find strange is the sellers what profit are they making here? Still this is less than the placing price of 0.008... Hopefully it picks up over the next 2 days as buyers speculate
Mcap of £3 million must be tge cheapest AIm share even at 0.018 £9 million we look cheap sp angel in jan 2021 had a valuation of 0.048 2 placing later after dilution we should still be st around 0.03 mcap of only.. From August to September now and the next 7 days gosh we are waiting on this drill hope they got a move on in Falcon while they were waiting for the rig to arrive.. Everything is based in Texas??
Some chunky buys but you do get alot of shares at this range.. Hopefully the momentum continues into next week and get to 0.1 before drill starts followed by 0.15 during drill and go as far as 0.18 where it went last time.. All dependant on results and the bopd rate.
To me it seems like RP got the money on the table and thought ok why not.. Remember to buy the acreage from DL et al they gave him shares at 14.5p he must be peeved off with that now.. But hey ho we got more prime land.. 2 drills drilling at red setter and the speed of the 2nd drill alone should show you that there is something there in the ground to warrant the 2nd drill.. Else they could have prolonged this further with one drill.. Great buy at the end here today onwards and upwards Back to the 18p before pushing pass 20p.. Still only 190 million shares hardly anything compared to ggp
Well im hoping it picks up this week even short term traders buying in here for a couple of week should see us through the 0.01 mark and if good results and fkow rates to the 0.015 mark at least..come on punters where are you