Mosman Oil and Gas (GB:MSMN) has released an update.
Mosman Oil and Gas Limited has announced a strategic pivot towards helium exploration, highlighted by a new 20% stake in the Vecta Helium Project in the USA and the sale of its Stanley project. Despite a reported net loss of AU$2.1 million for the year ending June 2024, the company raised £1.5 million to fund upcoming projects, marking a transformative year focused on capitalizing on helium and hydrogen markets.
For further insights into GB:MSMN stock, check out TipRanks’ Stock Analysis page.