MOS - Mosaic Oil

[alankew]

Plenty of big buys in this today,several for 100k shares,few for 200 and even a 300k buy.Right sector at the right time and price of oil booming.Oppies were a steal a week or so ago and even now woth a year to expiry plenty to happen before then

 

[pointr]

In reference to the above post-what a difference 9months can make.
NOW. the SP has gone up today is this because the big number of MOSO options are close to worthless and therefore unlikely to dilute the current ordinary shares??
Does any one out in ASF forum land have any rumours about the departure of the MD or any other views on this company or one of the directors selling his shares this week. Not exactly a hot thread.

 

[sjx]

In reference to the above post-what a difference 9months can make.
NOW. the SP has gone up today is this because the big number of MOSO options are close to worthless and therefore unlikely to dilute the current ordinary shares??
Does any one out in ASF forum land have any rumours about the departure of the MD or any other views on this company or one of the directors selling his shares this week. Not exactly a hot thread.

I believe the Directors sale of shares was worth 20k, but I also think thats all he had. Maybe he needed the dosh? Thats what I was thinking.

 

[Garpal Gumnut]

In reference to the above post-what a difference 9months can make.
NOW. the SP has gone up today is this because the big number of MOSO options are close to worthless and therefore unlikely to dilute the current ordinary shares??
Does any one out in ASF forum land have any rumours about the departure of the MD or any other views on this company or one of the directors selling his shares this week. Not exactly a hot thread.

Click on "Competition" at the top of the page.

I bought some a few weeks ago. I think they'll be another CVN.

gg

 

[sjx]

Click on "Competition" at the top of the page.

I bought some a few weeks ago. I think they'll be another CVN.

gg

Yeh I've been keeping a watchful eye on them for a while. I'm holding as well at the moment. Everything says 'yes!', if you ask me. I've wrote a little report to predict price movements, and to convince me of my investment at entry.. and so far am very happy.

Recently did a pivot point analysis to predict Mondays price movement, just for the heck of it. Might see 0.105 according to the findings. I have been using fundamental and technical analysis. I think we'll see 0.120 by the end of April.. or maybe May.

The company is debt free, and has cash, cash, cash! This cash can be used obviously to successful fund their expansion. I read the ABN-AMRO Morgans report the other day on Mosaic that was release late January, which provided some interesting insights.

The falling Aussie dollar will help Mosaic, but rising oil prices might drop what I initially thought earnings might be.

@gg: any thoughts on what we might see in the next 3-6 months.. or longer?


Regards,
sam

 

[sjx]

interesting trading on Friday.. buyers lining up by the looks of things.

something might be up. MOS is in a great position, no debt, cash on hand and a good reputation. Looks pretty good for MOS holders atm..

looking forward to next weeks activity

 

[Garpal Gumnut]

interesting trading on Friday.. buyers lining up by the looks of things.

something might be up. MOS is in a great position, no debt, cash on hand and a good reputation. Looks pretty good for MOS holders atm..

looking forward to next weeks activity

agree,

I've been accumulating them for the past 2 months to add to long term holdings and have backed them in the competition as well.

gg

 

[pointr]

Yes it has been nice to see some signs of life, however we are still in the red. I'd like to know if their MD- Mr Lan Nguyen has any future plans in the industry as he announced his resignation from MOS about a month ago. Their plans for storage of CBM in depleted conventional reservoirs as well as their reserves, production and underutilized assetts may be of interest to others.

 

[pointr]

So today as I write up 22% on volume of 9.5million. Todays announcement was buying STO out of shared projects in the Surat Bowen Basin. Any further thoughts or rumours about on this company.

 

[Hedders]

I bought into Mosaic a few weeks ago. Since then, the share price has crept up marginally. Can someone shed any light on why this stock is not reaping much benefit from the recent increases in oil prices?

 

[pointr]

MOS released an announcement yesterday advising on progress in developing a depleted gas field into underground storage for gas from the Qld CSG projects as they 'ramp-up' production prior to LNG exports happening. MOS seems to be doing reasonable things, a current development well is held up by weather. Hopefully the share price will rise for us holders. I'd like to know if their ex MD has gone to another company??

 

[pointr]

As an addendum to my previous post MOS announced today sucess at Churchie 11 with 1.5-2MMscf/d from this development well, the first of the current programme.

 

[Garpal Gumnut]

As an addendum to my previous post MOS announced today sucess at Churchie 11 with 1.5-2MMscf/d from this development well, the first of the current programme.

I have backed mos in each comp for the last three months and with my hardearned. I don't have a chart to post but it looks very promising. It has levelled recently and may break upwards again. Hopefully it will be another cvn.

gg

 

[Hedders]

Hope you're right gg- in theory it should be a cracker (unless the price of oil goes crashing again). Here's hoping it keeps rising

 

[sjx]

Still holding this one..

well over a 100% gain..

Satisfied so far.. and the stock shows no signs of slowing down. Thrilled with it's performance. I am expecting the trend to continue.

 

[Hedders]

What's happening with Mosaic? Is it retreating a little simply because of the oil prices or does anyone know of anything else? It made a tiny gain today but nothing sensational.

 

[pointr]

Perhaps it has just slipped back out of mind to many. Whatever fundamentals that were there a few months ago are still there. Perhaps the next thing to get the markets eye will be the 'business case' mentioned some months ago for converting a depleted gas field into a storage facility for the CSG industry as they ramp up production prior to LNG plants being built. The price of energy will also affect this one without doubt.

 

[pointr]

So MOS continues its drift down from 17.5 cents to 13 cents last time I looked, the volume during this decline has been lowish. MOS has had a 100% sucess rate from its 1st half 09 drilling programme, I wonder where its price would be if it had only found dust.

 

[Hedders]

So MOS continues its drift down from 17.5 cents to 13 cents last time I looked, the volume during this decline has been lowish. MOS has had a 100% sucess rate from its 1st half 09 drilling programme, I wonder where its price would be if it had only found dust.

It does make you wonder! Maybe the exchange rate is taking some of the gloss off the news. Quarterly reports are due tomorrow I believe- here's hoping it's all good news. As an aside, I'd be interested to see what the chartists think of MOS at the moment

 

[Hedders]

Does anyone know what has happened to Mosaic? It's died in the butt despite no real bad news as far as I can see. Can anyone help me understand what's happening?