Mosman Oil And Gas Share Discussion Threads

[carla1] 09/6/2019 21:39

Kevarian... try hard and choose LIFE

[bulgarian] 09/6/2019 20:02

That's interesting. That's why the share price is still 10% under the last placing price. Not a good sign.

The market is not reacting to the two firms that are engaged on the drill, and they have many other operating assets and exploration projects to boot.

Santos flow testing up to 12 weeks after drill clear up. At that point they will determine any commerciality.

This is going to be fun.

get those Pom Poms super polished muppet.

[bulgarian] 07/6/2019 23:26

One has to be sophisticated.

[spary1] 07/6/2019 21:01

Well TD in less than 2 Weeks so stick that in ya pipe

[bulgarian] 07/6/2019 20:35

FPMSL.

The firm have already suggested that there is no guarantee that the permit will be extended again. It looks like they will miss the next deadline about completing the 100km 2D seismic if they are just making "preparations"…;

All will become clear at your leisure.

Shine bright like a (GSR) diamond. ;-)

[spary1] 07/6/2019 19:04

Hey Troll, look like you hitting the panic button again, my reply

Cheapskater, I have said this before, Mosman could be the cheap way in, if central and Santos hit helium how much do you think our permit would be worth? Would you rather struck a deal with Mosman and crack on with the seismic or go to a Dutch action for the permit with another company or in fact a few other companies ? Could already be in discussions for all we know, wouldn’t want to be caught napping and last in line would you


Also you must part of the above post of yours off as clearly didn’t suit so here it is

Waver, I was referring to the musings of another poster somewhere down and has been for some time. I would know nothing of anything official but that might be going on as it's all quiet on the MSMN front for a few weeks now. If Dukas looks big in a few weeks, and it's next door, and I think next door on the other side of EP145 is already producing, then it stands to reason that EP145 is sitting on access to a lot of gas and someone with the finances to exploit it might be interested in buying MSMN just to get the permit and crack on with it.

[bulgarian] 07/6/2019 18:49

This was posted just now as a follow up today from one the only one of 15 worth note:

"..Spary the permit has already been renegotiated and I doubt they would be allowed to extend it withough carrying out the specified work. The terms for keeping it are pretty clear - 100km of new 2d seismic analysed by some date in August this year and the permit is extended for another year beyond that. In the next year a drill needs to have been completed for it to extend again. Of course if that drill hits a commercial supply then the permit gets switched from exploration to production and the other conditions for extension are meaningless. There willl be plenty of takers with cash to throw at it sniffing around if the permit lapses. If it does then it has no asset value to MSMN and someone else can bid for it. This is part of the reason for the fundraise. It was specifically mentioned in the RNS that part of the £750k was for "Costs associated with preparing for the seismic work required at the Amadeus Basin project in NT, Australia." They need to pull their finger out and get it done or there's a risk that nobody invested in MSMN is going to see a positive return on their investment this year and perhaps not the next. If they complete the Seismic in time and Dukas is good then we might see someone making an offer for either EP145 or MSMN itself. Either could see the share price go very high relative to it's current position (with the usual it depends factors).."

I would doubt they have the money to carry out the 100km 2D seismic let alone the time to complete it.

[bulgarian] 07/6/2019 18:39

I see the Chief Uncontested Novice Trader posting today about MMs in trouble because not many shares around.

FPMSL.

He's clearly forgotten the 250M that were placed recently desperately looking for homes.

Hence the current share price and discount to placing.

[spary1] 07/6/2019 18:10

And 9 million shares bought and 300k sold in the last 2 days. People taking positions as TD will be less than 2 weeks now

[bulgarian] 07/6/2019 17:33

Another hilarious day on Goon Central. 15 posts and 8 of those from the Chief Uncontested Novice Trader.

In other words, utter bilge.

Desperate.

[bulgarian] 06/6/2019 20:18

The big boys are interested in big numbers not jam jars worth.

Good luck with your next spike attempt son. All those extra shares needing homes and weighing the share price down..

[spary1] 06/6/2019 19:07

But we will know if there is gas there in 2 weeks, it’s Centrals permit and as has been shown today they will release news to keep the market up to date, they can’t hold back information that will directly affect the share price, central went up 7% on today’s market update and that’s no mean feat on a company worth 100 million, stop trolling, your making yourself look desperate

[bulgarian] 06/6/2019 18:27

Well shouldn't be too many more months before the commercial outcome on Dukas is known.

Should it be positive, then we can all look to the JV that Mosman pulls off...;-)

Nice ramping on Central tho' - your cutting and pasting will be making their shareholders chuckle.

Guffaw.