Member Info for A-Bomb

There was to be a TR1 shortly (maybe multiple TR1s!)... someone / some people are accumulating holdings here. Something is going on for sure.... interesting!

I reckon the drill program will be brought forward to around June time (end of Q2) - this will happen quicker than anticipated... from what I gather, drill rigs are already available.... the road and getting it there are potential issues, but would still only be a couple of weeks...

Blimey - what a strange, crazy and erratic stock!! Anything could happen with this!!

It's actually quite interesting to read about the 4 different rigs identified - I recommend doing some Google searches on them... they have all just recently finished drilling projects (within the past few weeks), so suspect there is availability. The Savanna rig seems to be the most portable - can transport easily on a few trailers... and can drill to 6,000 metres, so is perfectly capable for what we need. Some cool pics online too. They're not as big as I thought they'd be, and so should easily be transportable - even on a dirt road.

I'm not sure "booking a rig" necessarily requires an RNS?!

The directors will need to take care not to "trade insolvent" as that is a criminal offence

This wasn't one of my better ideas!!... thankfully only put a small amount into this! No point selling now I guess, so treating it a bit like a lottery ticket now - a one in a million chance to make any kind of profit!!

Feels like the rig is about to be ordered - nice!

There is still a lack of institutional interest in GEX as it doesn't fulfil the correct characteristics... but once institutional interest comes along, probably in the next few months, this will fly... load up whilst you can!!

Challenge now is judging the correct entry point, that's for sure. Get in at the right time, and there is a lot of money to be made here. Feels like we're close to the optimal entry point... GLA

Looks like they're earmarking the "Explorer Rig" and it's ready to mobilise by the end of Feb. Capable of drilling to 5,000m... which is more than we need. We're re-entering, and deepening to just over 3,000m.

There are a few more twists to come ahead of the placing!

20 tons per hour is decent.... this is the beginning of good news stories!! At long last.

6,000 psi!!? Is that right?! Sounds epic

The shares will be making their way into stickier hands for sure, the sells will start to drop off in the coming weeks.... who in their right mind (unless they needed some cash urgently, in which case they haven't managed their investment portfolio very well!) would sell these shares now!!?

Just out of interest dudemug65, why do you call yourself a mug? Are you usually wrong? - I'm curious why you'd call yourself a mug.

Yep - my thoughts now are that a drill will happen around June time (end of Q2).

I actually think this site visit is happening as they are looking to bring timescales forward a bit and accelerate the program - or this would have been mentioned in the prior RNS... suspect a drill rig is available sooner than thought, and they want to bring things forward a couple of months - and they're looking into how that could be done - road repairs etc. I think this is good news.

I think there are some day traders trying to sell a load and then buy back in at a lower level... that strategy used to work, but dangerous now, cos I'm not sure this share price is going to drop much now (if at all). Best off just holding for the long term (unless you need the cash for something else). Good luck all, and enjoy the ride!

All these sells are CSS Alpha fund selling their remaining holdings... it's a regulated fund that needs liquidity to fund redemptions, and this investment really hasn't worked out for them in terms of risk profile for a regulated fund... once they sell their remaining shares this will stabilise and start to bounce back... the next RNS will then send this significantly upwards. We just need to get serious LTH onboard. Be patient and hold firm.