Member Info for A-s-h-t-o-n

Thank you TonyAngelina, I pleaded with her repeatedly to wait for the announcement but she kept on insisting on getting her knickers in a twist. Oh well, all what I can say is I tried my best.

RachT2 - This persistent outburst is not good for your health. On 12/02/25 you said, and I quote: "I make a comfortable living from my own portfolio."

Since you have other stocks in your portfolio, why not take a break from 80M and post on your other stocks and then come back in a few days' time and by then you will have the answer to the funding question. In the meantime I hate to see you making a laughing stock of yourself by insisting on the matter just because of your impatience.

RachT2 (28/04/26): "You might be proven right — but given the track record of your previous “dead certs,” there’s every chance this ends up being another miss. Yet again.”

Hedging your bets now are you by saying I could right or I could be wrong. Predictably disappointing, because you now want to have it both ways. For my part, and unlike you, I am sticking to my guns. Notwithstanding your shifting position, I repeat my suggestion that you turn down the volume and calm down. Talk to me in a few days' time. In the meantime I hate to see you making a fool of yourself because of your impatience.

RachT2 (28/04/26): "There is no confirmation the raise has completed, let alone at the full amount, yet we’re told to assume it has. Based on what? Wishful thinking? Cloud cuckoo land?”

I did suggest you turn down the volume and calm down. Talk to me in a few days' time. In the meantime I hate to see you making a fool of yourself because of your impatience.

Downagain - Please see page 20.

https://www.80mile.com/sites/default/files/2026-01/80M%20Corporate%20Presentation%20v4.pdf

FERRANDINA (GREENSWITCH) PLANT - Q2 2026 Updates on the procurement offtake agreements for production; Q2 2026 Production restart of the biofuel plant; H1 2026 Revenue generated.

RachT2 (28/04/26): "After all the confident assertions, it turns out Ashton does not actually know whether the funding has been secured."

I am confident that the funding has been secured. Talk to me in a few days' time and I promise I will not force you to eat humble pie. In the meantime, please turn down the volume and calm down.

Https://x.com/worldoil/status/2048782838598668345?s=43

SilverFoxd (28/04/26): "Can you explain why you believe GLND are they are fully funded? We will find out in 2/3 days whether GLND are successful in their $70m raise."

We will need contracts with certain key operations companies for executing the project:

1. Maritime Group Desgagnés - Contract announced on 26/02/26

2. Stampede Drilling - Contract announced on 27/03/26

3. Halliburton - Contract announced on 27/04/26

I was waiting for the announcement of the contract with Halliburton. That came through only yesterday and it was the last puzzle piece I was waiting for to fall into place for me to be sure of funding. There is usually a short time lag between the funds reaching the bank and the announcement. We should hear shortly.

Current status of the project with regard to key milestones executed so far:

1.5-year contract signed with Stampede Drilling.

2. Contract signed with the Canadian maritime group Desgagnés to transport cargo for the drilling operations.

3. Contract signed with Haliburton. The contract relates to the planning, coordination, handling, and transportation of equipment, services, and goods. In other words, the agreement includes comprehensive well and drilling services.

4. Funds raised for drilling the first two wells.

Onwards and upwards!

RachT2 asked cynically (26/04/26): "First 2 drills fully funded.……. really?" and signs off IMHO. And we all know what she means by IMHO!

The press release today is great news: "Gross proceeds from the offering are expected to be $70 million, before deducting placement agent fees and offering expenses. The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital and operating expenses." Since the fundraising efforts are out of the way, the focus now will be executing the task of drilling the first two wells at Jameson Land. Onwards and upwards!

Don't let any IMHOs fool you!

Https://finance.yahoo.com/markets/stocks/articles/greenland-energy-announces-pricing-70-033100624.html

The Form 8-A12B has just been filed with the SEC. I presume we are nearly there.

Beware, if someone repeatedly signs off at the end of their posts with the acronym IMHO, what they might actually mean is “In My Hoodwinking Opinion”!

I have never claimed that Jameson Land is CURRENTLY a helium play. JL is CURRENTLY an oil play. Independent report by Sproule ERCE identified 13.03 billion barrels (P10) recoverable oil potential. The CURRENT play is a hunt for the 13.03 billion barrels of oil. This does not mean we should not discuss the prospectivity of other goodies that might be under the ground at JL, one of which is helium.

Speaking of Sproule ERCE, in June 2025, Pulsar Helium contracted the company to conduct a pre-feasibility study for its Tunu helium-geothermal project at their Liverpool Land site in East Greenland. The study has confirmed promising geothermal reservoir potential and associated helium production opportunity. The fact that the same "basement" rocks that supply Pulsar's helium also sit beneath Jameson Land licences is quite telling. It suggests a regional "Helium Province" that extends across the entire area. So, the potential is there, but it is currently "UNPROVEN." (I repeat "UNPROVEN"). Please note, Pulsar's Liverpool Land project area is just 63km² while 80M's Jameson Land project area is a massive 8,429km² or 2.08 million acres. To put the size into perspective, the 8,429km² area is roughly equivalent to:

❖ The Maracaibo Basin in Venezuela (one of the world's richest gas-producing areas).

❖ Nearly 10 times the size of the Prudhoe Bay oil field in Alaska

https://www.thinkgeoenergy.com/sproule-erce-to-evaluate-feasibility-of-geothermal-helium-project-in-tunu-greenland/

https://s203.q4cdn.com/212931576/files/doc_news/Pulsar-Helium-Announces-Promising-Pre-Feasibility-Results-for-Tunu-Project-in-East-Greenland-2025.pdf

Don't let anyone IMHO you!

Excerpts from the Jameson Land Basin RNS 20 June 2024

HELIUM PROSPECTIVITY

Helium is a rare and valuable gas with a variety of unique properties, such as being light, having a very low boiling point, and being chemically inert. These characteristics make helium indispensable in numerous high-tech and scientific applications. It is crucial for cooling superconducting magnets in MRI machines and particle accelerators, providing a non-reactive environment for arc welding, manufacturing semiconductors, and enabling high-altitude research in weather balloons. Helium is also used in deep-sea diving and for inflating airships and balloons. As a non-renewable resource predominantly extracted from natural gas reserves, the scarcity and rising demand for helium highlight its economic and strategic importance.

Helium is usually found in association with natural gas accumulations. The Jameson Land Basin's extensive sedimentary layers are thermally mature and rich in organic material and the presence of ancient volcanic activity contributing to the potential for helium generation and entrapment THIS BASIN HAS THE POTENTIAL TO BE ONE OF THE LARGEST PRODUCERS GLOBALLY. Although helium is typically used as a carrier in gas chromatography, anomalous helium results have been encountered around the basin margin and along sedimentary boundaries. In addition to this, the known geology and structure of the basin are conducive to the generation of helium rich gas deposits deeper in the basin. Compared to other helium, white hydrogen-producing regions, THE POTENTIAL RESERVES IN THE JAMESON LAND BASIN COULD POSITION GREENLAND AS A SIGNIFICANT PLAYER ALONGSIDE THE UINTED STATES, QATAR, ALGERIA AND RUSSIA.

The geological characteristics of the basin suggest significant reserves of gas could occur in large previously identified reservoirs, all of which is supported by large amounts of historical data as well as geochemical profiles from previous exploration campaigns.

Several highly anomalous helium results have been collected throughout the entire area and broader region over the last 50 years, without a systematic evaluation until now.

The entire area is seen as incredibly prospective for industrial gas accumulations and the Company is optimistic that a significant discovery can be made on Jameson. Initially the Company will integrate and re-examine all historical work for industrial gasses with a site visit set for later Q3 2024 to examine these sampling sites and to take fresh samples."

https://80mile.com/regulatory-news/63414

Ashton (24/04/26): "For me the most intriguing/subtle message that invest92651 was trying to convey to us was in the final two sentences of their post: "Find the master blueprint, I'm not an insider and I don't know anyone who is. But I know the truth, do you?"

As we know, a blueprint is a plan or design that explains how something might be achieved. But invest92651 refers to a master blueprint which means it is a master plan. He claims he knows the master plan.

I think invest92651 wants us to think outside the box!

~~~

RachT2 (24/04/26): "And now Ashton infers we should actually pay attention to some AI derived nonsense (from invest92651) - apparently they know the “master plan”. ROFL. That's the funniest one of the day. Thanks Ashton."

~~~

Ashton (09/04/26): "Don't get distracted by some of the pointless and relentless noise here. Moreover, I would say it pays to think outside the box!". Please note, I posted this comment well before invest92651's "Master Blueprint" comment.

~~~

RachT2 - You make too much noise. Often I wonder whether we are dealing with someone whose volume knob is stuck at 11. You are so fixated with your unending negative narratives on GLND/80M that you can't see the wood for the trees. Remember this comment from you (19/11/24): "Why would 80M be evaluating DOWNSTREAM opportunities when there isn't yet the merest hint of ANY upstream opportunities? ...am I missing something here and downstream for 80M means something different from this sector's usual understanding of the terminology used?"

Exactly one month after your posted your noise, we had this RNS from 80M on 19/12/24 which revealed the downstream opportunity that demonstrated you were not thinking outside the box - https://80mile.com/regulatory-news/75603

invest92651 is an unconventional poster. If you can disregard their idiosyncrasies and focus on the main merit of his post, which is that he wants us to think outside the box!

For me the most intriguing/subtle message that invest92651 was trying to convey to us was is in the final two sentences of their post: "Find the master blueprint, I'm not an insider and I don't know anyone who is. But I know the truth, do you?"

As we know, a blueprint is a plan or design that explains how something might be achieved. But invest92651 refers to a master blueprint which means it is a master plan. He claims he knows the master plan.

I think invest92651 wants us to think outside the box!

For a fundraise to "successfully close," the SEC must issue a "Notice of Effectiveness" on their EDGAR system after a S-1 or S-1/A has been filed. In the case of GLND:

❖  S-1 was filed on 10/04/26

❖  S-1/A was filed on 17/04/26

We now await confirmation of the "Notice of Effectiveness".

RachT2 (23/04/26): "As you’ve outlined yourself, LS was initially targeting institutional investors — either via project finance or a PIPE — with PIs effectively “along for the ride.”

No, I did NOT say LS was "initially targeting institutional investors" (as you have put it). Please don't misrepresent what I said. Here is what I said: "LS made it clear that GLND wanted to go directly to the retail investing public and allow them to participate in the journey. He added GLND was also prepared to work with larger funders either on a project finance basis or through a PIPE in order to make sure that the necessary funds are raised for the initial drilling."

Here is the transcript of what LS actually said: "It (the SPAC route) allows us to access individual investors. We can also access institutional, the traditional Black Rocks of the world but it (the SPAC route) also allows us to go directly to the retail investing public and allow them to participate in the journey and so in our partner acquisition company PELI has money in trust that we’re going to court those investors to see if they want to come along on this journey and if they do, we’ll have the what we need economically to advanced project over the next year (2026). We will also work with larger funders either on a project finance basis or through a PIPE in order to make sure we got the funds necessary..."

Where did LS say he was "initially targeting institutional investors"? Please stop this nonsense of twisting what LS has said to suit your narrative and agenda.

RachT2 (22/04/26): "I commented previously on the rather remarkable timing of the “we only want PIs” narrative — which, purely by coincidence I’m sure, seemed to surface just as it became clear there were no PIPEs and very little in the way of institutional interest. Fancy that."

In the very first podcast Robert Price and Larry Swets did with DisruptED on 30/10/25, LS made it clear that GLND wanted to go directly to the retail investing public and allow them to participate in the journey. He added GLND was also prepared to work with larger funders either on a project finance basis or through a PIPE in order to make sure that the necessary funds are raised for the initial drilling. LS repeated the same message in subsequent podcasts as well.​ It is therefore false to claim that GLND has changed its stance to "we only want PIs." ​The true fact is from Day 1 GLND wanted to court individual retail investors. Listen to the podcast from 16:00 mins.

https://marketscale.com/industries/podcast-network/disrupted/greenland-energy-jameson-land-basin-oil-frontier/