Member Info for ART123

And, of course, not only is all of the prep work being done properly and professionally but it is also being done at no dilution to Georgina or the shareholders.

Yes, it would be better if the share price was creeping up every day (rather than creeping down) but I'm sure it will be doing so when we get nearer to rig mobilisation and spud when the SP and m/cap will no doubt be multiples of where it is today. All to look forward to.

Lots of progress - as in getting quotes for the work that needs to be done and for the rigs required.

As I posted a while ago, this big budget drill campaign will probably take longer than if GEX were funding it all themselves (and rushing around trying to get everything done as cheaply as possible before the next placing was needed) but it will all get done properly and professionally.

Meanwhile we still have a sub £10M m/cap which is quite ludicrous especially when compared to the other London-listed Helium exploration companies.

As usual with this company, I have to confess that I don't understand a word of this RNS. If anyone can explain what it says in simple English it would be appreciated.

ATB

This one of those odd shares where the share price is always going up by 10% or 20% on the day and yet it never actually moves or goes up at all. I think it's something to do with the super large spread - 27.273% according to this website. It's very annoying but lets hope it goes up eventually as the m/cap is very low and not representative of a helium producer. Even MSMN - now QHE - has a m/cap 3 times higher than MDH and they are nowhere near producing any helium as yet while all of the other North American helium soon to be producers have m/caps many timers higher again.

Come on GEX - let's have an update please. Tell us that the rig contract is signed and that everything is finally getting up and running,

The share price could easily be 20p here for starters - and that is just to reflect the £25M funding package while all of the other major London listed Helium explorers/producers - HE1, PLSR and HEX - are having to do discounted placings to keep things moving.

An update would be nice. Wakey, wakey AH.

Directors buying at last, which appears to lesson the chance of ASTR raising any more funds in the immediate future. It's just a pity that TAO is at about half the value they were bought at - now $175 - and the fees are as low as $85/24 hours compared to previous highs of $2000 plus/24 hours.

Looks like we've got an RNS logged and it's more than likely to be about the rig. The SP is up 17% with only 36 declared trades.

Just need to bear in mind that extremely well-funded companies - which is exactly what GEX is now - tend to operate at a slightly slower pace than the smaller, less funded companies that have to raise every penny from the shareholders and feel the pressure to rush things to try and keep costs and placings down to a minimum. At a slower pace they can afford to make a very good job of everything and get it all done properly and professionally even though it might take a tad longer.

Makes one wonder what consulting fees they might be paying to the 3 new guys.

I'm quite confident that rig confirmation is on its way. Just be patient. The non-dilutive funding to get Hussar drilled by Q3 is absolutely huge and hasn't really been factored into the share price or m/cap as yet. But then neither has the size of the potential asset. All to play for here.

Does it say anywhere how many TAO they have as of today? If not then maybe an update on this would be good. Having said that it probably won't read too well as TAO is trading much lower at the moment. On 31st August it was $322 (which is around when the TAO were bought) and as of today only $185. It would also be interesting to see how many have been generated.

“We are very pleased to announce that we have now secured tenements (approved and first-in-line under application) covering some 6.75km2, representing over an 800% increase in the original footprint and more than enough acreage for our current needs. This expanded footprint provides long-term security of tenure for the Northern Zone Gold Project for the ultimate benefit of our shareholders and our partners in the development of Northern Zone, Oracle Power and MEGA Resources."

Yes it is. All rigs are in high demand in Australia at the moment and if they don't secure the rig with a signed contract then they haven't got one as no rig owner is just going to keep it aside for them. As part of the agreed work program the parties will "Tender & contract a drilling rig" during Q1 2026 - which is now.

The problem here isn't the grades but the enormous number of shares that have been issued to satisfy the placing and the debt restructuring with most of them issued at 0.035p. There were just over 1000 million shares in issue and now there are 8,459 million. That is a massive amount of shares to be churned through.

Don't be stupid. Final confirmation is all parties agreeing to the deal and signing the rig contract. They have known that the 4 possible rigs were available all along otherwise they wouldn't have been considering them would they.

Lots of buy - albeit many of them are quite small - and no sells. The 2013 metre drill campaign is finished before anyone thought it had even started. If all of the other companies operating in the area got their drills and assays through as quickly as Riversgold/Oracle things would be a lot different. WSBN/GEO have taken months to not come up with any assays and only occasional drilling.

Riversgold is up 20% on the same news - and the ASX market is traditionally a harder market to please than our AIM market - so maybe this is going to turn back up as the day continues. The Mining Licence is also now a week and a day nearer being issued.

ATB

On thinking about it I suppose that if the rig contract is due to be signed by today then we are unlikely to get notified about it before tomorrow. No need to panic and we can certainly do without the negative posts please.