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Mosman Oil & Gas spunks shareholder cash on diamond exploration - disgrace

By Tom Winnifrith, The Sheriff of AIM | Tuesday 24 May 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Having failed repeatedly to make anything other than vast losses and a pigs ear from the oil and gas sector, Mosman Oil & Gas (MSMN) finds itself sitting on A$4.5 million (£2.2 million) and so appears determined to find new ways to spunk what is shareholders cash.


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