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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.

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