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Going down daily here it has touched 0. 04 before not long to go. Bod are loving it all the way to the bank here... Give us a cash position to date RNS?? Cannot blame the oil and gas prices anymore wonder what the next excuse will be??
RNS should have been clearer then as to what condition was left.. Else should hsve waited for the paper work before releasing anything. Anyway you're the only that is positive about this as a short termer.. The mid to long termers have a different view and that is evident. The bod are still an issue here. After 8 years they have not managed to turn this company around. Understanding risks and rewards but they are a complete joke. The 65% increase in qtr revenue did absolutely nothing to the sp.. Instead the placing has bought it down 30%!! So well done to them for that. This will drift further as there is hardly any activity until aug/Sept when they PLAN to drill.
Subject to approval at a general meeting. Will this be voted when they come in July then? Or when. If that is the case it could go either way. Mms made a mockery of this today and gave everyone a chance to buy on the cheap.
Hardly any activity happening until August Sept so this will no doubt drop further... Any rise and Monecor friends will sell into. Would have been nice of the bod mentioned by raising 1.1 million we have total to date cash of??
I've got 33476303 million shares here at higher avg.. supported this company way more than you did as a long term shareholders. I was part of many stories that mosman had. Pretty much the strategy they had over the years but none of it hss come to fruition.
Timing is key.. They could delay the drill by a month or and look at the cash flow in July.. Expecting it to be excellent dur to the very high oil and gas prices they could have then placed at a higher price and drill in September October.. Its the timing here that's poor.. They have enough to keep the lights on.. Strategy has been the same here.. For the last 5 years!! Ive been investing for 13 years as well still ar mid life here.. You invested at this price a year ago sold at 0.013 ish and now bsvk again at this price of course you're having a laugh and busy attacking genuine shareholders who supported the company.. You're just pathetic
Ford understands they need money up front.. That's been the same story over the last 8 years need money to do a drill. Falcon was suppose to be a huge drill same drama.. It is risk vs reward but they were very confident of it.. AC we are expecting strong oil fkows and Falcon 2 and 3 wil be drilled successively only to find gas and all the eho ha went.. You've been here a very short term hence you're happy with the situation. Read the RNS's from over the years and then come to the majority of us.. Dnt act like the know it all guy over here..
Key is why now why not in July.. They had enough to keep the lights on until then and are cash flow positive?? If georgina did eventually have an ipo this would have helped our sp.. Do these investors just knock on the door here you go jb but at 0.008 and let's do you over again.. Absolutely nothing here for medium to long termers here.
Seems like someone maybe accumulating in the backgrounds. Small sells below the actual bid I've noticed that over the last couple of weeks as well.. Henry gas hub prices at $6.85 cannot wait for the day this wakes up.
Current position is key. If the amount has increased since the last reported figures for end of Dec then it looks great.. Making a profit.. Which i would expect at these prices. Next. Momentum will be the georgina ipo which i hear its next month now. But something out the rabbit would be great to catch the market out. We should be closer to 0.2 and at 0.42 as of Jan last year.. And that's just for US only.
Since.. As if mosman is doomed. Clearly its a traders share and confidence still not high. Else we would not be at £4 million mcap. With potential to double our production for 6 months the sp is insane.. Maybe director buys will help to give confidence to there own share. I'm assuming the sellers are making a loss unless they bought 6 months ago when sp was 0.07.
We need the same media coverage as last time.. It was part of an update that included Barclays i remember and we did circa half a billion that day. Market should now be confident in mosman. Or is it awaiting confirmation of being corporately profitable. Georgina Energy could IPO next month as well after several delays. Wake up mms
Fag pocket calculation look good. Love the bod giving us split numbers for oil and gas and the price we achieved which include processing and transport but not royalties..
2951 * $89.53 = $264,203
51,066 * 4.13 = $210,902
Total $475,105 for the qtr excludes recent uplifts
Looks like a great qtr and am sure it looks we might have some corporate profitability in there as well. Bod need to announce that if that is the case. Stanley one to recompleted as well.
Great interview he said we are getting better and stronger!! Absolutely right 0.2 should be a minimum today.. And he confidently said it will be sustained and does not include winters 2 rates yet..we could double our 2021 production and get more money as well.
The Net Production of 29,100 boe in the first 9 months of this Financial Year already exceeds the 22,284 boe produced in the 12 months of the 2021 Financial Year.
Excellent 65% increase and more to come for this qtr achievement $89.9 for oil and $4.13 for gas definitely more money in the pocket.. Market has not woken up.. And this does not include the latest uplifts and gas prices have gone up by more than a 1/3 to $7.50!! Pump the gas