Mosman Oil And Gas Share Discussion Threads

[kevjones2] 21/8/2019 11:13

Bulgarian20 Aug '19 - 17:22 - 4023 of 4026
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This was posted earlier on the Asylum, not on the MSMN BB, but interestingly the CLP one:

"..Selling and moving on, cant trust the company nor the rampers on here nor the special ones that have ramped this up only for the share to drop 75%. Appreciate all the input and research its just a shame they have been wrong consistently and I should not have listened or took any notice. Good riddance.."

Whoever could they be referring to? Good job the above poster wasn't buying this one when it was being ramped higher by the same poster he'd be way past 75% down ;-)

F Hilarious.
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I've no idea who that was. On another note a certain reptile had a load of posts removed from the GC CLP BB Monday. Regulars were openly rebelling against the Tard's ramping. Makes no odds - his brain is a conscience-free zone. Now, how is Mozzie doing today after the "brilliant" RNS yesterday.

[spary1] 21/8/2019 07:42

Whoppy, it looks like from the Xstate RNS that they are paying mosman aus $50k Irvin Usd $ 34k so you could add that to your figures if that helps 👍

[spary1] 20/8/2019 19:37

Twice as many shares bought so seems the market is happy with that, well done Whoppy for your breakdown, very rational and a good post fella, don’t forget that they also said ......

Mosman has been advised by the Operator ("Baja Oil & Gas LLC") that it has identified a potential cost saving by acquiring and re-purposing an existing well to drill and test the Falcon target. Once this opportunity has been evaluated, Mosman expects the Operator to provide updated drilling cost



Sorry for the cut and paste but it tends to contain accurate information

[bulgarian] 20/8/2019 17:22

This was posted earlier on the Asylum, not on the MSMN BB, but interestingly the CLP one:

"..Selling and moving on, cant trust the company nor the rampers on here nor the special ones that have ramped this up only for the share to drop 75%. Appreciate all the input and research its just a shame they have been wrong consistently and I should not have listened or took any notice. Good riddance.."

Whoever could they be referring to? Good job the above poster wasn't buying this one when it was being ramped higher by the same poster he'd be way past 75% down ;-)

F Hilarious.

[kevjones2] 20/8/2019 15:54

Good recovery but the spread is too big - the damage will be realised in the very near future.

[whoppy] 20/8/2019 14:31

So you're saying Xstate, who were partnering the well with MSMN and Baja are really going to turn around and say we don't like it that you are saving us money on the well and we are no longer interested in participating in the farmout.

The well would have cost $600k.

Xstate were paying 33% for a 25% farmin = $198k
Baja 40% = $240k
MSMN 35% but were paying 27% = $162k

So MSMN now need to pay Xstates share, 162+198 = $360k

Lets say they can save 30% on the cost of the well.

New well cost $420k

Baja 40% = $168k
MSMN 60% = $252k

MSMN already originally paying $162k.

MSMN now pay $252k for 60%, only an extra $90k for double the asset.

I know which I would choose. They don't need to farmout.

[kevjones2] 20/8/2019 14:14

In fact, with the additional costs involved it may lead to an earlier placing than already expected.

[kevjones2] 20/8/2019 14:11

This is the sort of shameless lying that spray indulges in constantly, and why GC delete so many of his posts:

"Well that’s great news, so looks like Baja have found a cheaper way to drill the prospect and cost savings as per rns, we get a bigger slice of the pie again, fantastic news, odd that a few certain posters desperately trying to tell you otherwise for their own greed !!!"

Seriously, a well-trained monkey could see this is a very bad RNS for MSMN. Even the RNS itself is downbeat, the market thinks so too and obviously many posters on GC too. MSMN had absolutely no say in the events that led to today's RNS. The suggestion that it was a brilliant decision is pure lies. These lies result in people like me, and the others on GC who have so upset the resident liar, to highlight the problems of MSMN much more than we would have if there was no ramping. That's how rampers negatively impact your investments.

[whoppy] 20/8/2019 13:00

Shouldn't cost that much more. they already had this partly funded and with the money they are saving from a well already drilled, the bigger 60% chunk of the asset is more important. This is the biggest well MSMN will drill asset wise. It means more production. Hence the buying. Will probably go blue when ppl work it out.

[bulgarian] 20/8/2019 12:33

Yet another mention of the dreaded Funding word.

And sells at a tad over 0.21 for another all time share price low.

[kevjones2] 20/8/2019 12:32

Yeh, a great deal.

Back to rational discussion. This is just a further example of how the market reacts when they simply do not like failure after failure.

[whoppy] 20/8/2019 12:28

So MSMN back to owning 60% of Champion and cheaper well costs for Falcon 1 by using an existing well. Sounds like a good deal.

[bulgarian] 20/8/2019 11:02

If I had a pound for every time you had posted that fairy story...

Good to see an update on the CTP, though perhaps not what their long suffering shareholders were expecting.

Roll on the news muppet.

[bulgarian] 19/8/2019 15:42

Kev,

It could be worse, you could be stuck in 2 other Spraywit ramps - CLP & WHET.

Boy does that clown know how to pick 'em ;-)

[whoppy] 19/8/2019 09:48

I note Central Petroleum called a trading halt Monday pending news Wednesday 21st. With a large volume of shares traded on Friday in CTP, leading to an increase in share price, todays trading halt bodes well for positive news, particularly news of the wire line logging of Dukas, which should be completed, and which will form the basis of the forward plan. This could reveal the potential of the Dukas well below the salt which extends into Mosmans acreage.

[bulgarian] 17/8/2019 16:28

Roll on the news hero.

Clueless.

How's the whet dream btw? ;-)

[spary1] 17/8/2019 09:15

Hey up Bulgarian, you thought better if something you wrote and edited with roll on the news, must have been libellous in some way then? As for on hot copper why would most of them heard of us ? They know nothing about the adjoining permits and anyone, we only interested in central/Santos because they are drilling next door as you well know. As where the 16billion valuation for our permit, I don’t know where that came from, trying to find out if that was lifted from somewhere or he calculated to that ?

AS for JV, wait for the next door drill and see what they find, which appears to be a working petroleum system with extremely high pressures which indicate it’s been a brilliant salt seal, inert gas has been found which includes helium which is what they were looking for, I think this makes us much more open to a JV now, just need to see what happens, I have reminded JB about a suspension on a JV to cut the troll/traders/shorters out, back in the market much higher but with enough room for the next man to make some money but mainly to screw up the trolls 👍😎

[bulgarian] 16/8/2019 14:36

Roll on the news.

[bulgarian] 16/8/2019 11:22

The HC posters hadn't even heard of MSMN until 1Donkey started posting his "expertise".

Hilarious.

And one of them reckons EP145 is worth 16BN?

Doubly hilarious. So where are all the JVs lining up years ago and one signed up years ago already?

Comedy gold.

[spary1] 16/8/2019 07:24

Ep145 valuation? Taken from CTP thread on valuation on hot copper.....
AU$ 16 billion is a lot of cash


Near to Mereenie at EP 145 MSMN have identified unconventional gas with current market value of around AU$16 billion in horizons CTP also has in its prospects. Similar finds on CTP ground may be worth considerably more and be 100% owned by CTP.

Just looking myself to see where this figure has been extracted from by the chap on hot copper

[bulgarian] 15/8/2019 16:38

So Kev Jones has zero cred, so where does that leave yours hero?