Mosman Released FY24 Results for Year Ending June'24

Oct 31, 2024
1 min read

Mosman Oil and Gas Limited reported a full year net loss of A$2.1mm for the fiscal year ending June 30, 2024. The company's strategic pivot towards helium exploration and development was marked by acquiring a 20% interest in the Vecta Helium Project in the USA and selling its Stanley project assets. This move is part of Mosman's broader strategy to capitalise on helium and natural hydrogen markets, shifting away from traditional hydrocarbons. The company's cash balance at the end of the year was A$873k.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Specialty Gas Summit 2026: What We Heard on Helium

AKAP Energy attended gasworld's Specialty Gas Summit in Frankfurt, where alongside presenting AKAP's helium data we had useful conversations across the value chain, from distributors to end users, pro

Lunar Helium-3 Mining Secures 14th US Patent

Lunar Helium-3 Mining (LH3M) secured another patent, its 14th US patent, for lunar helium-3 mining.

Mendell Helium Begins Trading on AIM Market, Expanding Operations in Kansas

Mendell Helium announced the admission of its ordinary shares to trading on the AIM Market under the ticker "MDH" and will withdraw from the Aquis Stock Exchange Growth Market on 30 June 2026.