Mosman Oil And Gas Share Discussion Threads

[ford fairlane] 26/2/2021 08:19

Polish my mirror

WTF does that mean.

I will post as I feel.

if only you could read you would ne better off.

go back to lunch

[bulgarian] 26/2/2021 05:39

I think you need to polish your mirror son.

Anytime you feel like posting something of value, to help those without your superior level of industry knowledge and specific knowledge about this firm, you go ahead.

that would be a first.

4 drills this year - how much?

A rough guess will do.

[bulgarian] 26/2/2021 04:36

False Hairline,

I suggest you havent got a clue then. S'funny how you always duck the difficult questions and play the ask the Company card.

Happy shelf stacking.

[ford fairlane] 26/2/2021 01:05

Bully

I suggest you actually ask the company. I have found the Board will always respond to emails.

or read the SPA report, which has this information contained within it.

It is not my job to answer your silly questions.

why MUST there be an update due on the 165?

[bulgarian] 25/2/2021 19:44

must be due an update on the 2D seismic on EP145 at some point this year?

Or any update on the assets in Australia?

[bulgarian] 25/2/2021 15:42

False Hairline,

Couple of questions for you to ponder & come back with your considered answers?

A) how much cash do you estimate the firm is sat on right now / today?

B) there are plans for 4 drills this year. 2 where they have minority shareholding & 2 where they have majority shareholding. How much do you estimate they will cost in total?

[ford fairlane] 25/2/2021 11:44

Mosman says

we anticipate further increases to our production in the coming months and have an objective to be involved in at least four new wells in 2021 subject to funding and other matters

you say
to drill they will need to raise that is what they said

seems to me you are yet again changing facts to suit your view.

they did not say what you said they said.

you should immediately delete your post as it is grossly misleading and incorrect.

Wake up

[stockhunters] 25/2/2021 10:58

wake up it is there in black and white

[ford fairlane] 25/2/2021 10:54

guess what you are not. I don't see the mention of a rubbish raise.

what I do see is a cautionary note that if the company drills 4 wells in 2021, then they would be subject to funding. That is a various obvious statement.

Funding can be in various forms
loan, share issue, sell down of the asset, etc.

not to mention funding from the existing warrants due in July 2021.

[ford fairlane] 25/2/2021 04:02

so why would anyone bother posting it?

Nothing to do with Mosman from what I can see.

[ford fairlane] 24/2/2021 09:13

who cares?

[ford fairlane] 24/2/2021 04:52

so 244 we all know that you love to post negative things.

the RNS was a simple revision of previously announce numbers, so I am not exactly sure what you were expecting to happen?
not sure how the price monitoring affects anything. That is a notice from AIM itself, not the company and as I understand it has nothing to do with company management.
Personally I am very please that they did not rush into Galaxie. There are obviously some issues with Falcon not producing at the test rates, and the freezing over. I would rather they got the correct answers than just rush of and spend millions on a well that may fail. After all Mosman (and partners) have a high drill success rate (5 from 5) so far and that has certainly would be nice to keep that going.
I wonder what you would say if Galaxie was drilled and it was a dud?

as for Arkoma, it was a bad decision some years ago. They tried and the operator has clearly failed to get the job done. It is a perfect example of a FU, and that is one of the reasons I am happy they take time on Galaxie.
I do note however this is old news and the asset was largely written off on 2020 as part of the review.

do you have and suggestions to change Arkoma?

[244dk] 23/2/2021 16:22

Yet another underwhelming rns! 2 price monitoring extensions? What for, the share price hardly flickered and trades were virtually at a standstill. Got to wonder where the share price might be if they'd drilled galaxie by the end of last year. Fully funded, so what's holding them back? As for Arkoma, WTF!!

[ford fairlane] 22/2/2021 09:49

gee, that was quick.

well done to the field guys

[ford fairlane] 19/2/2021 13:57

BW

slowly, it is still chaos outside

[brut winky] 19/2/2021 13:14

looks like the snow must be melting in Texas.

[stockhunters] 19/2/2021 10:26

hmmmmm i wonder what they are going to do next

[ford fairlane] 19/2/2021 08:21

Bully

the simple answer is yes they have.

SH
mathematically you are correct.
the actuality is something different as I believe Mosman has ample cash.

DK

I posted the weather comments so bloggers would actually realise how bad it is here, and the support my comment that I dont see Falcon being back online in the next very short period of time. I doubt they can even get onto the site at present

[bulgarian] 18/2/2021 15:57

"..Probably the same people interested in weather reports from Texas..."

Interesting point though. I wonder whether any of the oil operators have been impacted with power cuts / disruption?

[stockhunters] 18/2/2021 15:56

last raise was a 40% discount with warrants so I hate to think what the next one will be

[244dk] 18/2/2021 15:40

Probably the same people interested in weather reports from Texas.