Mosman Oil And Gas Share Discussion Threads

[bulgarian] 10/2/2023 09:08

Put it this way False Hairline, if I had been buying the stock when you were happy clapping it at 0.2p yes I probably would need another bottle..

[ford fairlane] 10/2/2023 08:58

open another bottle, you need it.

keep just making up facts about me, it is fun to read.

[ford fairlane] 10/2/2023 02:05

Makes no difference to you, you are not a shareholder.

go back to the scotch.

[bulgarian] 09/2/2023 16:23

According to SuperBarr the next drill(s) are subject to funding..

If the share price remains where it is one has to wonder where the next raise will leave the share price .?

Or might they break a habit of a lifetime & raise at a premium to prevailing SP? 😃

[244dk] 09/2/2023 15:31

Lol! I've read every rns, every production "note", every significant event, every drill that's transformational for mosman. I've been reading the same things for 6 years and here we are, an share price at less than 0.06p and billions of discounted shares issued. I'll go back and read them all again, just to see if I've missed anything. That's all I'll say.

[inthemix] 09/2/2023 15:00

Cinnabar is all ill say. Read production notes etc...

[inthemix] 09/2/2023 14:59

Don't check every day, I just think the right things are in place for this to double mcap short term, not a ramp just a personal opinion.

[244dk] 09/2/2023 10:14

Hmmm, just another pointless, lack of substance ramp then.

[244dk] 08/2/2023 19:43

Why will it blast soon? It would be good to know why you think it will. If it "blasts soon" how high do you think it will go?

[inthemix] 08/2/2023 11:01

This will blast up soon, hopefully thats short term, just waiting happily :-)

[ford fairlane] 26/1/2023 23:38

244

My happiness as nothing to do with you.

I express an opinion, there is no need to berate someone for doing that you sad little person.

If you want answers from John, I suggest you email him and ask.

[244dk] 26/1/2023 09:42

Taken from lse bb:

Fordfairlane Price: 0.0575

No Opinion

RE: My net back calculationWed 01:24
Reg

"There is a game being played here.
It will pass.
the weak will sell and loose.
the strong will hold and be happy".

So says the bloke that was happy with the share price at 0.2p (currently at less than 0.06p). Just what "game" is being played? Lth's would love to know when we'll get a return on our investment. Come on John, tell us what your game is.

[244dk] 17/1/2023 16:04

I see classic car is getting a hammering over on lse. I voiced my suspicions some time ago that he was very close to members of the board. Seems like others are forming the same opinion. Shameful behaviour if its ever proved to be correct.

[ford fairlane] 17/1/2023 05:05

128 bo plus 30 boe is the numbers

128 less royalties and adjusted for our 75% is 72 bo per day
365 days 26,280 total oil for Mosman.

oil price is 79 gross so assuming some costs of transport and other stuff say 75.

Total USD 1.970 m
costs .470 My guess
cashflow 1.5 m

that totally ignores any income from the gas.

please tell me where I am wrong as I would be interested to know if I have messed up here.

On top of that number there is the potential for oil from workovers, plus another well.

To me its a major step change.

[ford fairlane] 16/1/2023 12:15

I beg to differ

its a back of envelope number based on Mosman share of the production.

easy to work out

[244dk] 16/1/2023 11:35

Fordfairlane

Price: 0.0625

No Opinion

RE: Profit.Today 09:24
"based on my back of envelope numbers, cashflow from cinnabar is now USD 1.5 m a year".

Considering we're only 2 weeks into January, that's a misleading statement and not factual from classic car.

[244dk] 13/1/2023 12:16

I see that classic cars guess of 500 BOEPD over on lse is way short of borrowfundsfrommummys hypothesis of 1000 BOPD in 2023. With a fair wind and access to funds I can just see classics prediction getting over the line. Time for the management to earn their full-time salaries for part-time work.

[ford fairlane] 13/1/2023 04:11

Bully and 244

I am very surprised you ask me as you two claim to know it all.

Anyhow

Production.
I have no idea what production will be. It depends greatly on the 2 wells that MAY be worked over, and the new reserve model that is underway. That is why I think Andy and John are doing exactly the correct thing right now.

My guess (guess not an estimate as I don't know) is that we could see 500 boep/d by end of 2023; between the last well, the potential workovers and the next 2 wells.
That would be a major achievement and would generate significant cash. My back of envelope is Mosman will get 1.5 m USD free cash each year from the last well, so free cash could go up to about 6 m usd as a guess.
Time will tell, but certainly its a turning point, even ignoring the other projects.

Funding
I would like two more wells in 2023 plus the workovers. IMO that would give Mosman an extraordinary base to work from. Lots of luck and management needed to get there.
my cost estimate is 4 to 5 m USD for that.
so either Mosman places, borrows, joint ventures, or does not achieve the deal.
Time will tell, but I have never had a problem with placings that are used to do real work like drilling.
no doubt that will scare smaller shareholders, but that is the reality of smaller companies. Even the market daring H1 has placed recently to drill again.

so that's my view.
no doubt you will point out the many flaws in my view, but frankly I don't give a toss.

[244dk] 12/1/2023 17:08

Good to see that you monitor this bb borrowfundsfrommummy. Ask yourself about the likelihood of mosman drilling 7 wells this year (2023) and then ask yourself why you've received a derisory comment on your post. A couple of years ago mosman stated via rns that it intended to drill one well each quarter. It failed, miserably. So to suggest it's capable of drilling 7 wells in one year (I wish) is laughable. If we're lucky they'll do 2 workovers and perhaps one well on top of that. That's my personal opinion based on mosmans activity and results over the last 6 years. Good luck.

[bulgarian] 12/1/2023 15:56

To get all of the fields drilled at cinnabar is going to take serious $$$.

And where does that $$$ come from again ;-)?

Perhaps False Hairline would elaborate?

[244dk] 12/1/2023 11:14

Borrowfundsfrommummy

Price: 0.0625

No Opinion

RE: QuietToday 10:35
"Agree it’s frustrating to wait on not try to rainbow chase. However the share price is still stupidly low and the other two work over wells in Cinnabar should be a decent return for minimal outlay to get back online. If we can get all the Cinnabar field drilled this year then perhaps a 1000 BOPD could be achieved…then the current share price would definitely be a bargain price to load up on. As shown with the pre new year RNS, they can come anytime here and sat on hands waiting is going to be my gameplay this year"

1000bopd this year??? Where do these people get their ideas from? I'll look in on lse to see if classic car puts him right (somehow I doubt it) lol!

[244dk] 06/1/2023 15:05

The small rise in the share price didn't last long and now down 7% Let's hope for a high stabilised flow rate once fully operational.

[244dk] 06/1/2023 11:26

An increase in production is welcome but a rise of just 3% in the share price and some unusually reserved narrative in the rns doesn't indicate a "step change". Let's see the figures when connected to mainstream facilities.