Mosaic Oil (MOS) info

[tommy]

Having hardly any experience in the oil/gas sector, I would highly appreciate a second opinion on Mosaic Oil (MOS) which just announced doubling its revenue for FY2005.

http://www.mosaicoil.com/pdf/Internet%20Announce%20080904.pdf

Doesn't appear to be a good pick in terms of past performance but I'm interested in it due to Oilex (OEX)'s success in the region...

Eagerly awaiting for your views, thanks all:)

[slam]

Tommy
Here's some info already on this site

http://www.sharetrader.co.nz/topic.asp?TOPIC_ID=15164&SearchTerms=mos

[tommy]

thanks a lot slam:)

Sorry all for making a redundant thread... Moderator, please streamline this thread!

[slam]

No Probs tommy
Pays to do a quick search for a ticker before you start a thread.
Sorry, don't know much about MOS
Cheers
Slam

[AMR]

I heard about these guys a couple of days back through their farm-in with VPE and BOW. Any thoughts on this stock? They are another potential CSG baby. Nice infrastructure too, but no elephant hunting. Oppies expire in May 2009 and are exercised at 18c. Market cap of ~110m.

[Grand Uber]

been stagnant for a long time, but yeah some positive movement in the past few months

the shareprice doesnt seem to move all that much with positive announcements like the farm-ins. Maybe the market is relying on past performance as a sign of future performance.

I see the broker reports place it as a long term hold and a price of 24 cents for that. That figure would be raised if waggamba 5-H is a success which i think from memory will be drilled in like 30 days for evaluation. I saw sucess figures for this some where of like 80% chance, but who knows.

So providing that it could net a 100% return over 12-24 months, if all goes well.

I havent really had a chance to do solid research on this, dont know what the management is like.

Good thing with the infastructure is that they can increase production with minimal increase in cost to the company.

I would be interested to hear other peoples opinions on this one

Disc: dont hold, but in the market for something at the moment

[Dr_Who]

This is on my watchlist and I am about to do some reading into it.

It is not a good sign when a positive announcement is made and the sp drops. Looks like a large seller out there releasing stock?

[STRAT]

Hi Tommy,
First brought to my attention by Shasta its on my CSG watch list too but now doesnt look like the right time.

https://www.directbroking.co.nz/cgi-bin/sparkle.dll/Superchart?session=4C981E11-F482-4310-A699-2BC49B35F001&instrument=MOS&exchange=ASX&period=6M&ps=&vs=LINE&ct=LINE&comps=&compi=&ma1=30&ma2=90&bb=Y&ind=MACD&template=dblsuperchart&adj=yes&ra=2

[Dr_Who]

The Doc likes MOS.

1.*$23 million cash


2.*614 million shares issued


3.*Drilling Waggamba in June – potential 15 cps reserve


4. *Drilling Freneu in July – potential 29BCF/71MMBO (28 cps)


5.*Profitable company with forecast $5.5 million profit for 2008. PE of less than 13x.


6.*Three successful target wells this year - Taylor-18 (PL 49, Surat-Bowen Basin, Qld), Fairymount-9 (PL 46, Surat-Bowen Basin, Qld), Waggamba-4H (PL 202, Surat-Bowen Basin, Qld).


7.*Drilling for CSG in Cooper Basin.




Please do your own research and seek advice from a finance professional before investing.

diDisc: Shareholder

[ananda77]

MOS:

A reserve base with significant growth potential

• Reserves Position at 30 June 2007:

– 2P: 12.0 MMBOE (52.3 PJ gas; 2.9 MMBO oil/condensate; 105.7K tonnes LPG)
– 3P: 34.6 MMBOE (133.5 PJ gas; 11.1 MMBO oil/condensate; 290.5K tonnes LPG)
�� Over 20 years of 2P Reserve Cover at 0.4 MMBOE pa production rate in 2007

• Market Capitalisation per BOE:

– 2P: A$9.20/BOE
– 3P: A$3.18/BOE

• Growth potential in future commercialisation of discoveries:
– Kimu gas discovery (PNG Foreland)
– Hurricane oil & gas discovery (WA 208P Offshore WA)

• Exploration upside potential:
– Western Surat-Bowen Basin exploration (ATP 471P, ATP 709P & various PLs)
– Offshore Carnarvon Basin (WA-208P)
– Qld Cooper-Eromanga Basin (ATP 934P)

2008 Calendar Year
New Initiatives & New Ventures

• Evaluate Coal Seam Gas (CSM) potential in existing wells

– Technical study for CSM potential in existing wells in Silver Springs area
completed
– Potential incremental gas production from shallower coal seams in well(s) of
depleted deeper gas/oil sandstone reservoirs
– Potentially substantial CSM resources in existing fields with ready
infrastructure

Surat-Bowen Basin
2008 Drilling Program Underway

• Ten well program: currently on 4th well
• Target to expand to 15 wells:
– Agreement with CS Energy could add two
additional Waggamba horizontal wells
(Waggamba 6H & 7H) in Dec 08 Half;
– Continuous evaluation of existing drilling
opportunities; and
– Farm-in and farm-out to manage risk/cost
• Success already recorded at:
– Fairymount-9 (PL 46 MOS 100%)
– Waggamba-4H (MOS 50% gas & 65%
free oil/condensate)
– Taylor-18 (PL 49 MOS 100%)

Dr Who:

...dipped my toes into this one as well...again; potential at a basement price = yum, yum

Kind Regards and may we be successful

[Dr_Who]

Somehow the market have either missed MOS on the radar or they are discounting it as a non performer. Whatever it is, I think this is the last CSG potential play that is undervalued. I like the fact that they are producing and making a profit with potential good drilling reserves coming up soon. Management has good experience and connection. Also JV with BOW and VPE drilling for CSG in Cooper Basin.

[Dr_Who]

Production and Drilling Schedule Update, Surat-Bowen Basin, Qld

• Net daily production of over 1500 BOEPD achieved in June 2008 against an original
target of 1440 BOEPD for July 2008.
• Cash balance (unaudited) of over $23 million at 30 June 2008
• 2008 Drilling Program to be increased to 12 wells from originally planned 10 wells
• On track to achieve revenue target of $32 million for 2009 Financial Year

Fairymount-9 (PL 46 – MOS 100%)
Fairymount-9 has been on pump since early April 2008. However the production has declined to
approximately 4 BOPD (barrel of oil per day) with high watercut.
Waggamba-4H (PL 202 - MOS; 50% gas, 65% free oil/condensate)
Waggamba-4H has been on continuous production since late May 2008. The well is free flowing at
a controlled stabilised rate of 1.2 MMSCFD (approximately 1.6 TJ/d) of gas and approximately 145
BOPD through an 18/64” choke.
Taylor-18 (PL 49 – MOS 100%)
Taylor-18 was brought on continuous production in early June 2008. The well is free flowing at a
controlled stabilised rate of 2.1 MMSCFD (approximately 2.5 TJ/d) of gas and 20 BOPD.
Mosaic’s Managing Director, Mr Lan Nguyen, said “Whilst we are disappointed with the
production rate at Fairymount-9, we are extremely pleased with the controlled stabilised production
rates of both Waggamba-4H and Taylor-18.”
“On a trouble-free basis and assuming the current oil price and typical natural production decline in
the absence of long term flow history, we would reasonably expect the contribution from these two
wells alone to the Company’s FY2009 sales revenue to be at least $11 million. By comparison,
Mosaic’s total revenue in the 2007 Financial Year was $18 million,” Mr Nguyen said.
Updated 2008 Drilling Schedule (attached):
The 2008 operated drilling program has now increased to planned 12 wells. The additional wells are
Waggamba-6H and Waggamba-7H horizontal wells.
Previously planned Soldier-1 well will be replaced by a further Taylor appraisal/ development well
in light of the excellent production performance of Taylor-18.

[metal mickey]

im glad you decided to become a shareholder Dr Who. The early flow rates of waggamba 4H seem good, and im glad to see the 2 additional horizontals 6H and 7H in the pipeline, so to speak. With 5H almost there and coming in as it is 80% likely to, it would be nice to see a bit of SP appreciation. Still cant complain,this is my only green in a sea of red today.

[Dr_Who]

In this market I am trying to play safe and invest in oilers with good production, making a profit at the same time with potentially good up coming drilling. I think MOS fits in with my strategy of oilers with good production and potentially good drilling schedule.

Their big one is Freneu in July with potential 29BCF/71MMBO (28 cps). If MOS hits this one it will be a boomer and CSG in cooper basin to follow.

disc: Shareholder :-)

Pls DYOR before you invest

[Dr_Who]

I ve just noticed that MOS projected revenue by analyst for 2009 was only $16 million (Tolhurst Research). Now they have come out with an announcement with an upgrade revenue of $32 million. That is a substantial increase in revenue. :)

[drillfix]

I ve just noticed that MOS projected revenue by analyst for 2009 was only $16 million (Tolhurst Research). Now they have come out with an announcement with an upgrade revenue of $32 million. That is a substantial increase in revenue. :)


Dr.Who,
What do you mean you just noticed.

Do you mean that you forgot that you posted this below:



Yesterday 12:54 PM
Dr_Who Production and Drilling Schedule Update, Surat-Bowen Basin, Qld

• Net daily production of over 1500 BOEPD achieved in June 2008 against an original
target of 1440 BOEPD for July 2008.
• Cash balance (unaudited) of over $23 million at 30 June 2008
• 2008 Drilling Program to be increased to 12 wells from originally planned 10 wells
• On track to achieve revenue target of $32 million for 2009 Financial Year


Please explain as you did post that below did you not?

[drillfix]

Ya know, I wouldnt mind actually getting a small parcel of these guys (need money).

But looking briefly at a the chart, are we looking at Head and Shoulders with another set of shoulders below the above shoulders, mean head and double shoulders?

If so, I think I may leave buying till next week~!

OOppsss,

Sorry guys, my mistake I was should have been commenting on the chart for MOSO (options) rather than heads.

[Dr_Who]

I knew they announce a revenue of $32m, but didnt know the analyst had project a rev of $16m until I looked at the report today.

Good income with good drilling coming up. What more does a oil investor want? :)

I am tempted to buy more shares, but holding myself back for now. I am not a chartest and have no idea when it comes to charts. I usually buy based on fundamentals and will buy more if the sp drops.

[drillfix]

Attached Images
mos_ax_price_daily_and_macd_histogram___daily___26 _periods___12_periods___9_signalperiods.03apr0.jpg (


AA
Any chance when you post charts to make them a little bigger?

Eyes getting to Squint when trying view those ones you post however as much as I Do Appreciate you posting, is there not any setting in the Pref's of your prog to ReAdjust the size of screen captures?

Just double checking with you AA and again , I do appreciate any posts and efforts you previously do~!

[Huang Chung]

Huntley has MOS as a speculative buy up to 19c, and has had the spec buy rating on this stock since at least November last year.

Total shareholder returns are negative for all of 1, 3, 5 and 10 year periods.

I had a brief look at MOS for CSG potential a week or so ago. They certainly aren't playing up any CSG potential, and you have to do a bit of digging to see that they are looking at the CSG potential of their leases. I also had a look at the map to see how close their leases were to the much talked about Walloon Fairway (CSG), but unfortunately, the MOS leases don't appear to be close at all. Still, they may have something, and they do own a bit of pipeline infrastructure as well.

[drillfix]

AA

http://i41.photobucket.com/albums/e264/arranging/mos_ax_price_daily_and_macd_histogr.png
.....


Excellent AA,

Many thanks for the larger pic. And yes I see its not your fault that ST doesnt allow this, I guess its from a storage and bandwidth perspective why they limit it like they do, but thats cool.

I really appreciate your commentary on that one and yes I agree.

Though, to get your Stop loss using Parabolic SAR, do you just enable that on Incredible charts and add some Value or is it set to Auto, or if you add it, what value do you add to show this?

It seems like a very handy feature.

I wouldnt mind doing some trading this year if I can get some more funds together and thought of either getting AmiBroker, OmniTrader or Market-Analyst but that is pretty pricey and you would want to be really trading alot to me thinks, but could be wrong about that.

Thanks again and keep up the good work~!

[bermuda]

Huntley has MOS as a speculative buy up to 19c, and has had the spec buy rating on this stock since at least November last year.

Total shareholder returns are negative for all of 1, 3, 5 and 10 year periods.

I had a brief look at MOS for CSG potential a week or so ago. They certainly aren't playing up any CSG potential, and you have to do a bit of digging to see that they are looking at the CSG potential of their leases. I also had a look at the map to see how close their leases were to the much talked about Walloon Fairway (CSG), but unfortunately, the MOS leases don't appear to be close at all. Still, they may have something, and they do own a bit of pipeline infrastructure as well.

I ike the way MOS like VPE and BOW. And vice versa.

[Dr_Who]

I ike the way MOS like VPE and BOW. And vice versa.

I agree. The fact that MOS/VPE/BOW are in bed with eachother gives me a great deal of confidence. A huge amount of experience with the three management team put together.

With MOS I like that fact that they are already making a profit with existing production. So the drill coming up are freebies. Risk is significantly reduced.


disc: shareholder of MOS

[drillfix]

Hi DrillFix,
Hope I'm not crowding this thread with unnecessary stuff unrelated to MOS but would like to share with you one way I trade.

AA

AA, I cant speak for the others but Thanks for the updates regarding your style and stuff, it is very helpful.

I used to have quite a few progs installed and read a bit and used charts a bit however I dont really keep up these days as I kinda take alot of medication so it is difficult for me to keep my finger on the pluse so to speak.

I like to save the images to remind myself of what someone like yourself has said however I find an even better when you actually Type the comments or reference of your talk into the Image where your text (point you are making) is inside the image as it is easier to read.

Thanks for the tips and I will keep adding them as I see them throughout the forum here.

Plus it gets me off the URA thread and gives me something else to think about, :D

So Cheers again AA.

Oh, while we are on the MOS thread.

I ended up getting a small parcel of the options on credit card :eek: so I guess I am now in, Be it although only a small holding. ;)

[drillfix]

I find adding text very hard to do on IC charts because the captions only run along the top, mixing into the legend making them hard to read when more than one is used, I might PM AMR at some stage and see if he can help me in this manner.

AA

I see,

Well, do you use any other type of Pain type program (photoshop or PaintshopPro).

perhaps you can mark on your chart symbols of A, B, C, D with a line going to the area of explanation.
then.
Copy that whole image and paste it into another larger sized image in Paintshop etc and then type the Text with A, B, C, D.

I cant remember which other chart programs do what, but I also remember with some you can insert text into a box and move the box where ever you like.

Anyways, regardless of what it is AA you do a great job explaining all the same. :D

[Dr_Who]

A

I ended up getting a small parcel of the options on credit card :eek: so I guess I am now in, Be it although only a small holding. ;)

I didnt even know MOS had options. May have to pick some up when the price is right. :)

[Dr_Who]

Listen to MOS CEO boardroom broadcast radio.

http://www.brr.com.au/event/47537

[drillfix]

I didnt even know MOS had options. May have to pick some up when the price is right. :)

DR.WHO, in your or others opinion, What is the right price???

Options code is MOSO, currently bidders at 0.038 and sellers at 0.04 cents.

Looks like somebody wants out of the options, 3 sellers at 4 cents for 980,000 options.

I wonder why they want out if this play is meant to be as good as folk say it is???

AA believes that MACD on the FPO is going to pop (which is great) but doesnt look like its going to happen today..lol

[Dr_Who]

Drillfix, I have no idea what the right price is. I am a fundamental value investor and most of my investments are for med/long term. I have bought into MOS based on the fundamentals of a good profit, good cash holdings and good drilling coming up.

In this market you should be abit careful about investing in options. Stick to head shares, far safer. I currently dont have any options in my portfolio. I do play with options now and then for a trade.

Sorry mate, cant tell you whats the best price for MOS entry as I am not a chartist and dont have a crystal ball. What I can tell you is that look at their website, they should have a few research reports that values MOS at 24 cents prior to profit upgrade.

[drillfix]

In this market you should be abit careful about investing in options. Stick to head shares, far safer.

DrWho.
Nothing really to worry about with options except with how much time is left for them before they expire or needed to convert them (.18c I think).

The reason why I grabbed a small parcel is that it gives just a little bit of exposure to the stock for a very low price, thats alll really.

In many ways, its like buying URAO rather than URA (as you probably know), you can gain more exposure to a stock with. And if your like me and you believe something is going to happen or unfold with this stock then it gives you position. Kinda like buy now and pay later sort of thing. (hopefully not sell later). Anyways, enough of that..lol

Also, for some reason, when I go here: http://www.brr.com.au/event/47537

I cannot play or hear anything, can anybody else hear this or is it just me?

[Dr_Who]

Mosaic Oil Weekly Operations Update – Surat-Bowen Basin, Qld

Waggamba-5H (PL 202 - MOS; 50% gas, 65% free oil/condensate)
Mosaic Oil NL (ASX: MOS) advises that as at 0600 hrs (EST) on 8 July 2008 the Waggamba-5H
gas and condensate development well is at the total depth of 3338 metres MD (Measured Depth)
(2636 metres True Vertical Depth or 2364 metres Sub-sea Depth) and is currently being completed
for production prior to conducting a clean-up flow.

Since the last report, the 6-1/8” horizontal section was successfully drilled from 3086 to 3338
metres. The well has penetrated approximately 426 metres of the main Tinowon Sandstone reservoir
target with significant gas and oil shows. The gas shows while drilling are generally over 2000 units
with peaks up to 5000 units and the oil shows contain 5% to 95% (generally 30-50%) dull to
moderately bright green yellow even to spotted - pinpoint fluorescence with very slow, dull to
moderately bright diffuse, milky blooming white cut, moderately bright milky white to yellow white
crush cut and faint white to yellow residual UV ring. The gas and oil shows are consistent with the
shows in Waggamba-4H.

It is expected that, subject to weather, the well will be connected into the Waggamba gathering
network for production testing via a temporary flow-line within the next four weeks.

CS Energy has pre-paid $3.5 million for funding the Waggamba-5H drilling, completion and tie-in
costs, and will be entitled to 50% of gas production and 35% of free oil/condensate production from
Waggamba-5H. Mosaic Oil will retain 50% of gas and 65% of free oil/condensate production.

Jawsone-1 (PL 15 Farm-out - MOS 75% & Operator, BOW earning 25%)

The Jawsone-1 exploration well will be drilled in PL 15 to evaluate the Showground Sandstone.
The wellsite is ready for the rig move upon rig release from Waggamba-5H well.

Bow Energy is paying 50% of cost to drill, evaluate and if successful, case and suspend of the well
to earn 25% interest in PL 15 (excluding Boxleigh and North Boxleigh fields).

[drillfix]

Dr.Who, it looks as if the Market doesnt care about whatever story gets given to it.

Down on the options on this one and I think its about time to cut my losses and run on this one.

Perhaps next week things may change~!

[drillfix]

Anybody got any more confidence in this stock, or has everybody jumped?

Fck. Looks like I am left to turn out the lights ~!

[shasta]

Anybody got any more confidence in this stock, or has everybody jumped?

Fck. Looks like I am left to turn out the lights ~!

MOS Operations update (nice read for ya Drillfix)

http://www.stocknessmonster.com/news-item?S=MOS&E=ASX&N=513268

[drillfix]

Shasta, Im not much of an oil man.

Don't exactly know what the ann means except one hole is dry and abandoned and the other will give some update next week or something.

I also notice that OEL has dropped back to the mid thirties from 50 cents.

Is it the price of oil dropping, or just dry holes that are getting capped or what?

[shasta]

Shasta, Im not much of an oil man.

Don't exactly know what the ann means except one hole is dry and abandoned and the other will give some update next week or something.

I also notice that OEL has dropped back to the mid thirties from 50 cents.

Is it the price of oil dropping, or just dry holes that are getting capped or what?

OEL will spring back to 50c + once the market is reassured all is up & running @ Galoc & the flow rates are as forecast. (17,500 bopd)

First oil was due April, its nearly August & no oil :confused:

The market is treating companies that don't generate cash & don't meet forecasts with contempt!

MOS have an active 2nd half 2008 planned, with the BOW & VPE farm ins

So its a quiet buy & hold type stock, not unlike others we know :rolleyes:

[Crypto Crude]

Drillfix,
MOS has an asset in PNG that is going to fly over the next few years as these assets were previously thought to be stranded assets...
The Kimu Gas Field...
heres abit of background information- Kimu, current 2P reserves are .85 TCF, drilled in 1998-1999 by OSH, and intersected 30m gross gas column...
MOS I think holds 28% of the field, and CUE holds 10%....
This is a mammoth asset that the market has completely forgotten about...
240 BCF 2P Kimu gas field net to MOS...
The market is oblivious to this asset...
....
:cool:
.^sc

[AMR]

Hi Shrewd, why is the gas stranded? Is it a case of complex geology like AED's puffin or just due to low prices and poor infrastructure?

[drillfix]

Drillfix,
MOS has an asset in PNG that is going to fly over the next few years as these assets were previously thought to be stranded assets...
The Kimu Gas Field...
heres abit of background information- Kimu, current 2P reserves are .85 TCF, drilled in 1998-1999 by OSH, and intersected 30m gross gas column...
MOS I think holds 28% of the field, and CUE holds 10%....
This is a mammoth asset that the market has completely forgotten about...
240 BCF 2P Kimu gas field net to MOS...
The market is oblivious to this asset...
....
:cool:
.^sc

Hmmmmmm , I seee~!

Thanks SC, I dont know if I have years though as I am in the options MOSO on this one :confused:

[Crypto Crude]

AMR,
The PNG gas assets have been stranded because of the demise of the PNG gas pipeline project through A major partner pulling out......
Now the project is having a revival...
Check out this announcement

http://www.stocknessmonster.com/news-item?S=OSH&E=ASX&N=509505


Proposed PNG gas line to generate $31b
19th JULY 2008

A major oil and gas conference in Darwin has been told a natural gas pipeline to Papua New Guinea is expected to double the nation's Gross Domestic Product (GDP).

The companies behind the LNG project, Exxon Mobile and Oilsearch, delivered an outline of what is ahead at the South East Asia Australia Offshore Forum today.

The venture will see a 700-kilometre pipeline built from a gas reserve to an LNG plant near Port Moresby.

Exxon Mobile's spokesman Geoff Appleton, says it is the largest private sector investment ever contemplated in Papua New Guinea and the country's GDP will more than double as a result.

He says direct cash flow to the Government and the land owners will be in excess of $31 billion over 30 years.

Oilsearch says the project is only tapping into half the gas reserves in the Papua New Guinea region.


If Oilsearch leads then Cue and MOS shall follow... big big assets...
240ish BCF to MOS... wow...
im talking dollars per share of value...
:cool:
.^sc

[Dr_Who]

Anybody got any more confidence in this stock, or has everybody jumped?

Fck. Looks like I am left to turn out the lights ~!

Na mat. I still have a fair few of MOS shares I bought at 14 cents. Still very happy to hold and will probably buy more once the share bottoms. The whole oil sector is abit nervous due to the oil price correction lately. Shrewd's has it in the bullseye.

Have to be careful with options and any leveraged products, hence I only invest in head shares.

This is the next drill coming up. This is the one I am waiting for.
*Drilling Freneu in July – potential 29BCF/71MMBO (28 cps)

[Dr_Who]

Something is up with MOS. Decent volume and sp up. Whats up?

[drillfix]

Still very happy to hold and will probably buy more once the share bottoms.

Another question Dr.Who, at what price are you calling the bottom?

[Dr_Who]

Another question Dr.Who, at what price are you calling the bottom?

I dont know. Have to look at the chart that has a curve that moves upwards. Abit like a rice bowl... lol... I am not a chartist, so can only guess. Also would like to see world oil price stablised abit. Currently there are nervous oil investors out there panicking.

MOS is now a producer, so oil/gas prices do impact their bottom line. This is now a cash cow printing money with good drills coming up. I may pick up more shares 9-11 cent, if it does go to that level.

Just becareful with options mate. Still to head shares if you have symptoms of anxiety disorder. But then if you have large testicles like Bermuda, Shasta and Shrewdy, then do invest in options. :D

[drillfix]

Just becareful with options mate.

Your right Dr.Who perhaps I shouldnt have bought these at all.

I fell asleep on these and now I am nearly 50% down on them. SH%TT

[shasta]

Your right Dr.Who perhaps I shouldnt have bought these at all.

I fell asleep on these and now I am nearly 50% down on them. SH%TT

Be ruthless Drillfix, cut & run & reinvest into something moving upwards

I got burnt on the VPEO options, & had to make a tough call

I have plenty of targets for you ;)

[drillfix]

Be ruthless Drillfix, cut & run & reinvest into something moving upwards

I have plenty of targets for you ;)


Hi Shasta,

Man, is anything actually moving upwards in these markets?

I now have very little if any money left to lose in these markets, I feel I have made a big mistake just sitting tight and holding stock and watching it devalue to next to nothing.

PM me your targets and I will take a look at least, thanks~!

[ananda77]

...Mos is a 'POTENTIAL' play and will reach it's potential when the oil price will be closing in on US$300 (~2013) and any company with such good quality assets as MOS and with new discoveries in the pipeline will have been snatched up -NO DOUBT IN MY MIND-

...so accumulate and be patient and the rewards will be plentyful...

Kind Regards

[Dr_Who]

I still have my holding in MOS. Waiting for it to bottom to buy more. Just have to wait for the oil price to bottom. May be a long wait.. dont know.

[Dr_Who]

Good to see MOS bounce back on a discovery of gas at TAylor 19. They expect to make $30-$34 million for 2009. :)

[shasta]

Good to see MOS bounce back on a discovery of gas at TAylor 19. They expect to make $30-$34 million for 2009. :)

MOS presentation at the "Good Oil Conference".

http://www.stocknessmonster.com/news-item?S=MOS&E=ASX&N=519285

A quiet steady achiever, with some exposure to CSG

[Dr_Who]

They are drilling their biggest reserve this month. If it hits the target, this pup's sp can boom.

[Dr_Who]

MOS JV with LMP to drill Taranaki Basin. :)

I feel like buying more MOS shares.

[Crypto Crude]

Dr Who,
I feel like buying more LMP shares...
:cool:
.^sc

[Dr_Who]

Dr Who,
I feel like buying more LMP shares...
:cool:
.^sc

We are partners.. LOL :p

MOS is producing oil with real income.

[drillfix]

MOS is producing oil with real income.


Been a while since a MOS post.

If this has a real income Dr_Who, why is this continually falling as it is?? :confused:

[shasta]

Been a while since a MOS post.

If this has a real income Dr_Who, why is this continually falling as it is?? :confused:

MOS recently tied up some permits with BOW & VPE, who have since had some good results...

The quarterly will be out this week, so should provide a wee boost.

[Dr_Who]

All small cap oilers are getting hit for a sixer. :confused::mad:

[drillfix]

All small cap oilers are getting hit for a sixer. :confused::mad:

Yes true, but I see the likes of VPE bounce back though, why not ever MOS, I mean it seems that some are just unloved for one reason or another, but primarily, the Circus state of Markets overall.

[Dr_Who]

Yes true, but I see the likes of VPE bounce back though, why not ever MOS, I mean it seems that some are just unloved for one reason or another, but primarily, the Circus state of Markets overall.

VPE is a little different. VPE is in the CSG sector. The CSG sector is going through consolidation and VPE is a potential T/O target for QGC.

[shasta]

VPE is a little different. VPE is in the CSG sector. The CSG sector is going through consolidation and VPE is a potential T/O target for QGC.

MOS - Sept Quarterly

http://www.stocknessmonster.com/news-item?S=MOS&E=ASX&N=527582

Has alot more going for it than people realise, they have a permit to not far away from the Tui field :cool:

[drillfix]

So looks like this one is headed down the gurgler with many other stocks.

I thought this one was meant to have potential??

Looks like another woofer whom options also will expire worthless hey~!

[bermuda]

So looks like this one is headed down the gurgler with many other stocks.

I thought this one was meant to have potential??

Looks like another woofer whom options also will expire worthless hey~!

Hi Drillfix,
Why do you think this is going down the gurgler? To me it is pretty well funded, has an increasing production forecast and some reasonable drill prospects.

This is another victim of the market and a real opportunity for anyone at these levels.I do not hold. It is not exciting enough but it isn't going to disappear anytime soon. Far from it I would have thought.

[drillfix]

Hi Drillfix,
Why do you think this is going down the gurgler? To me it is pretty well funded, has an increasing production forecast and some reasonable drill prospects.

This is another victim of the market and a real opportunity for anyone at these levels.I do not hold. It is not exciting enough but it isn't going to disappear anytime soon. Far from it I would have thought.

Hi Bermuda,

Why do you think this is going down the gurgler?

Ummmm, I may think this is because the options I purchased at 4 cents are now nearly worthless, is one reason.

Also, a 2nd reason would be that if SOMETHING doesnt happen that generates some gains for the company by next year there is a real chance that these options will expire Worthless (out of the money).

So that bermuda good buddy, is why I think that. Although I must say, the options could or are going down (not the company)

It is understandable that this company like many are victims to this whole market ordeal, but for some of us who hold Options in a few stocks, we can get washed away with the Tide, simple as that.

This then turns into the question, well why am I not holding the FPO instead of the Options.

Good question but a bit late and in many cases, being OUT OF THE MARKET is the best thing that anybody could be at present and with only say a % of holdings in tradeable stocks for either Bordom or entertainment, or making a living, whatever.

Some of us have missed the Best Capitol protection method of Being Out.

The timing of when, why and where for alot of companies risk lots of dosh for shareholders and option holders alike, the difference being, the option holders get washed away if the compnay is not careful.

Similar to that of Uran some would say, as another case study.

Anyways, good to hear from ya Bermuda and thanks for sharing your thoughts.

[Crypto Crude]

latest Stock Analysis report said that MOS is a target for its gas storage worth 7-12cents... and its PNG assets could be worth and additional 32cents...
:cool:
.^sc

[STRAT]

Hi Shrewdy,
Any kind of time frame on that?

I noted there was talk in the thread about mos being a victim of the general global market conditions but this 11 year chart kinda implies they have been going down slow since long before the global crisis

[Crypto Crude]

timeframe...
PNG is 5 years away...
so 30-50cents added to the shareprice then...
I dont have timeframes on gas storage...
50% compounding return per annum would be about right for the next 5-8 years......
50% PA is that enough return?
:cool:
.^sc

[STRAT]

timeframe...
PNG is 5 years away...
so 30-50cents added to the shareprice then...
I dont have timeframes on gas storage...
50% compounding return per annum would be about right for the next 5-8 years......
50% PA is that enough return?
:cool:
.^scThanksShrewdy.
re "is 50%pa enough?" I guess the market will decide

[ananda77]

...directors buying at 11.5 cents

Kind Regards

[ananda77]

...Mos is a 'POTENTIAL' play and will reach it's potential when the oil price will be closing in on US$300 (~2013) and any company with such good quality assets as MOS and with new discoveries in the pipeline will have been snatched up -NO DOUBT IN MY MIND-

...so accumulate and be patient and the rewards will be plentyful...

Kind Regards

...well, the first bit of this past post has NOT come to pass yet but there is a deal on the table:

-AGL (sustantial holder) offers 15cents/share in Mosaic Oil- AGL holds 12.8% voting rights at present, its good enough for me NOT to flick my holding off too soon

Kind Regards

[crooky]

Sold out just 3 days prior anouncement , how's that for fate ............ oh well and bought on the fundamentals of the Fraccing program and the CSG storage capabilities which they already have made a deal with BG.
Good news is CSG to LNG is still on track.
Can only laugh about it .

[Sharp737]

Never mind, there will be more to get I'm sure

Still got mine. From what I have read, AGL HAVE to take out Mosaic despite what they say for their deal with BG to go ahead with the Gladstone Project

http://www.sharescene.com/index.php?showtopic=377

".......Australia's biggest energy retailer has also struck a gas storage deal with BG Group, conditional on acquiring Mosaic...."

That's my take on it anyways, could be wrong but...I don't think so...
Any one else's thoughts?