Member Info for ART123

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I see that today's buys are already being sold - at a loss. 617,937 for £794.05 sold for £704.45; 766,923 for £997 sold for £885.80, etc, etc

Unfortunately, this just shows a total lack of confidence in the management and their limited abilities.

I like the 5,229,371 trade. It was a buy at 9.48am yesterday at 0.0952p for £4,994 and a sell today at 8.01am for 0.123p for £6,432 - a nice profit of £1,438. Nice -- just need the insider information and this job is easy.

Unfortunately that - insider trading - is about all there is going on here anymore.

Yes, a 0.0011p close after a 0.0015p buy........

Certainly a deal for the LTH's to get excited about. They are doing rather well with this share. Everyone is jealous,

Yes, all the excitement - as is reflected in the share price.

I repeat, this is not the news that everyone is waiting for.

I'm not 'subtly deramping'. Patrick Cheetham has been the CEO here at TYM for 20 years and all he has to show for it is a m/cap of £2.5M. He is a small-timer =- posh maybe, but a small-timer. Mukai is now alongside Konkola West - if there is any copper there then the share price will no doubt rise. If not then what is new.

Not the news everyone is waiting for. Small-timer Cheetham happy to give away 80% of the prospect for $2M. TYM could have raised $2M themselves and done the drilling themselves and if there is copper they could have then looked for a much more beneficial farm-out.

Not to worry. Buy on this news and then 2 days later news comes from Kobold and I don't think it is going to be good news.

It seems to be enough to get the share price moving upwards though which is all we need.

All I can see is Buddhist monks using mobile phones and laptops. I'm surprised they can even get a signal.

All that fuss about a Land Permit and there's nothing in sight in any direction!!!

The Mongolians want to consider themselves lucky anyone wanted to go anywhere near their land let alone make such a fuss and take so long over it.

Can these people take to complete this drill? Even allowing for the slow speed of getting things done in Africa, this is now very, very tedious.

My experience tells me that in drilling for oil, gas and commodities no news is usually bad news. I suspect that when we finally hear anything it will be that the drill failed to reach TD due to poor hole conditions. They still won't have a clue if the mineralisation extends into TYM's prospect but not to worry as they are just about to spud the second drill - which unfortunately probably won't do any better (my thoughts).

ATB

Even more of a rise considering the markets are taking a battering today, particularly in the US but that usually filters through to the UK and Europe.

It would be very foolhardy to top-up just before drilling starts anyway.

Personally, I won't even hold shares during a drill. Nothing is certain. I know that Dave Minchin described this as low risk in his presentation when he said that if the first drill fails to hit commercial hydrogen then they have Rudyard to fall back on but the problem is what might happen to the share price in that scenario. And no one is in here cheaper than the IPO price.

I am a bit disappointed though as I was expecting to be getting out in the mid to high 20's but the silly market isn't having any of it.

The good news is that I have no sooner made a nice profit on HEX than another is on its way at GEX. All good and exactly what Hot Sector Mania is all about!!!

Not sure which numpty had eurofil's post deleted earlier. With the buy price at 19.7 and sell at 19.32p he wasn't far off.

Sorry but that link to the Georgina Energy website doesn't make any sense at all. There are just over 90 million shares in issue but it says that The Robert Allen Papiri Defined Benefit Plan hold 8,098,271 shares which is 25.3% of the total shares in issue. That is all nonsence as that would mean there were only just over 32 million shares in issue.

Meanwhile, the TRI from Premier Miton Group Plc said that they held 8,000,000 shares which is 8.88% of the total shares in issue and this figure makes sense - 8.88% of 90 million shares is about 8 million shares.

71.8% according to the Significant Shareholders page on the Georgina Energy website (link below) and that is just the over 3% club - though I'm not sure who they all are. The 3 named people at the bottom are not directors.

https://www.georginaenergy.com/investors/significant-shareholders/

It's probably because they already have the Native Title Rights sorted out for Hussar, plus that the GEX management has spent nearly 5 years and a lot of their own cash progressing Hussar with all sorts of agreements, MOUs, consultants, etc, etc, etc in place. Basically, it is all but drill-ready, with just a few things outstanding as outlined in the Podcast and these can all be ready pre-December.

EP155 is not drill-ready. As they said in the interview EP155 has 'been under application for many, many years'. They haven't even got an EP in place yet, let alone Native Title Rights, so there is still work to be done before they can re-drill Mt Winter. Everything is in place for Hussar, so they can get on with that project first while they are getting all of the preliminary titles, permits, etc. issued for Mt Winter.

The same RNS on 22nd July also stated:

"The Company will keep investors updated as drilling progresses via RNS, potentially including updates on commencement of drilling, significant helium gas shows in drilling mud, wireline results, initial flow test results and full flow test results."

Note: "including updates on commencement of drilling, etc" but not necessarily an update on the mobilisation of the rig. We may get a rig mobilisation RNS or tweet early next week - or we might just go straight to a spud RNS.

I have just re-read the RNS dated 22nd July and made better sense of it:

"Timeline

Construction on the access road and drill pad has commenced at the Clink #1 location within the Ingomar Dome Project. The access road has been surveyed at 0.75 miles, allowing Civils work to be completed relatively quickly over a short development distance.

Following completion of Civils the Company targets to commence drilling operations in early-August:

· Mobilisation and rig-up is anticipated to take approx. 1 week."

I was taking "commence drilling operations in early August" to mean the spud date but now see it as the commencement of mobilisation of the equipment. This will take approx 1 week and looking at the photo on the tweet this has already commenced (in early August).

So spud in about a week.