Market's view on Mosman Oil Gas
Published on April 2024
- A large trade of 29 million+ was noted, suggesting a potential impact on the company’s stock due to recent discussions.
- Optimism is expressed about the imminent approval of a governmental permit that would allow a company to proceed with a farming agreement, indicating confidence from the company’s management in receiving the necessary consent.
- Detailed updates are provided on the progress of acquiring 75% interest in a helium, hydrogen, and hydrocarbon project, highlighting ongoing efforts to meet regulatory requirements and prepare for seismic programs.
- Concerns are voiced about the company’s ability to secure government approvals for their projects, with a comparison to another company that has faced delays.
- Skepticism is expressed regarding a company’s over-promised potential versus under-delivered results, with mentions of pump-and-dump schemes affecting stock prices.
- Positive outlooks are shared on the potential multi-bag gains from current stock levels, prompted by upcoming chart spikes.
- Information is shared about a company’s ongoing seismic studies and their importance to project valuation.
- Doubts are cast on the management’s ability to provide value, mentioning frequent capital raisings and questioning the continued viability of the business.
- Reports of large trading volumes are discussed, hinting at insider knowledge of forthcoming significant announcements.
- Speculation about a major rise in stock price is linked to the company’s possession of valuable helium licenses and its comparably small market capitalisation.