Member Info for Edwood85

Well as Hardol won’t supply me with his workings on how he gets to 33% COS from the 8% in the prospectus and as no one can demonstrate which of my facts are inaccurate I think I’ve done all I can here.

It’s not even an echo chamber as you lot can’t even agree who the rampers or derampers are.

For my own conscience and to know I’ve done all I can here’s a truthful accurate summary for any new investors or existing investors that don’t know.

WARRANTS, PERFORMANCE SHARES AND DILUTION:

If all warrants, performance shares etc are converted as per the prospectus, this will result in a 74% dilution from todays share issue (So if you hold 10% of the company today, you’ll only actually own 2.6% after dilution and that has already started with the Alpha warrants re Mondays RNS, these shares in the TR1 were NOT bought on the open market, instead they were acquired as part of the RTO for zero consideration)

For all details, See pages 189-190 of the prospectus: https://wp-

georgina-energy-2023.3.eu-west-

2.amazonaws.com/media/2024/07/Geronimo-Prospectus-

CLEAN-P20a-c98.pdf

DRILL COS:

The drill chance of success COS is, in my interpretation of the info 8% and not 33% Hardol has touted. If he can prove otherwise please show your working (and don’t just quote they’re targeting 3 formations)

For more info refer to page 252 of the prospectus. Use link above.

Anyway I can leave this awful BB with a clear conscience that I’ve now done all I can to inform investors of the hard facts. Bye and thanks for your time

Already have Silverlight. I’m not an investor but I nearly was at RTO. I studied the prospectus and didn’t like what I saw.

I’m posting here as I saw inaccurate stuff being spread re warrants and Alpha fund. So, given the fact I spent ages reading the prospectus I thought I’d correct those claims re warrants, reward shares and dilution, as to do so is informing investors of the facts see page 189-190 of the prospectus.

I shouldn’t have bothered

Okay HARDOL

Explain to everyone why my post on warrants and reward shares is inaccurate?

You might also like to explain how you get to 33% COS on the drill? (We all know they’re targeting 3 formations) but please explain your working on how you’ve got to that number? For everyone to see.

ACE, Here’s a brief sample of your constant inaccurate ramps… Youget away with posting this and I get hassled for posting documented facts:

“Remember CSS bought on open market too yesterday 

This could be the squeeze from hell 

Gamestop anyone 2020????”

“Remember CSS bought on the open market too yesterday and can't see the 6m until January Fantastic if funds buying and will be in very sticky hands”

“Georgina Energy PLC has announced that CSS Alpha Fund AIFLNP VCIC LTD has increased its stake in the company, crossing the 5% voting rights threshold. The fund now holds 7.77% of the voting rights, totaling 7,541,705 shares. This acquisition reflects growing interest and investment in the company, potentially influencing its future stock performance.”

“Not spamming when letting everyone know the potential here and they make money . You tool”

Please do look at his posting history everyone

ACE

How about your claims the TR1 from Alpha was bought in the open market as a sign of confidence. (Please do all look back through his posts)

Again, I’m told to stop posting, but no one can disprove my information, because it’s all herein black and white in the prospectus and Mondays RNS.

Sadly you can say POSITIVE mistruth’s but not NEGATIVE facts here.

Healthy?!

Wolf et al

My posts are negative but necessary. There’s been a lot of inaccuracies posted by ACE etc and I’ve countered them. You must admit that all of my counter posts are factually accurate and I have provided prospectus page numbers to refer to.

The reason the price is so low is due to the baked in 74% dilution i quoted earlier and damaging articles from TW.

Rampers posting inaccurate information are left to run wild, whilst someone posing useful negative but necessary info is vilified. Tough crowd

Thank you businessowner

If I wanted a lower entry I could’ve had 7.5p. I’ve seen a lot of ramping on a stock I know a lot about due to research and due diligence at RTO, I chose not to buy then or at 7.5p

As sad as it sounds, with so much mindless ramping from ACE etc I felt like I should share my detailed knowledge on GEX so investors are well informed and don’t think a big fund have bought in etc. nothing I’ve said isn’t factually accurate.

But it just goes to show investors sometimes don’t want facts if they’re negative and it proves the old adage “truth is like poetry, and most people hate poetry”

I’ve done all I can

Well, it’s you ace who seems desperate and have resorted to misinformation.

The Alpha fund received their shares for NIL consideration, see Mondays RNS and prospectus.

Ace lies and Meatpie thinks you really shouldn’t read the full prospectus.

Let’s show the importance of reading. You can all read along on pages 189-190 of the prospectus: https://wp-georgina-energy-2023.s3.eu-west-2.amazonaws.com/media/2024/07/Geronimo-Prospectus-CLEAN-P20a-c98.pdf

Warrants & performance shares:

WARRANTS:

6,358,848 warrants at nil exercise price subject to the Company reporting a material increase in Mineral Reserve Estimate = CSS Partners (Alpha Fund)

4,800,000 warrants at 12p exercise price = CSS Partners (Alpha Fund)

1,540,881 warrants at 8.75p exercise price = convertible loan holders of Georgina

1,875,200 warrants at 8.75p exercise price

3,433,333 warrants at 16p exercise price

2,480,000 warrants at 12.5p Shareholders of the Company Joint Brokers

Total warrants outstanding = 20,488,262

PERFORMANCE SHARES:

Maximum of 31,500,000 shares may be issued subject to the following milestones:

Material increase in mineral reserves - 6,500,000

Drilling at Hussar - 15,000,000

Drilling at Mt Winter - 10,000,000

Also,

14,762,336 shares may be issued after 2 years of admission for repayment of Westmarket convertible loan. (Can be paid in cash also)

TOTAL DILUTION:

So, a total of 66,750,598 new shares potentially to dilute existing holders by 74%

So, MEATPIE you savvy investor, if you bought 9,008,839 shares or 10% of GEX on 1st November when the share issue was 90,088,396

By the time all warrants and reward shares are converted you’d only own 2.6% of GEX

Sometimes reading the prospectus is important!

Once again if you can prove I’m wrong, please do so. I’ve shown my working and provided links and page numbers to my prospectus source (so you don’t have to read the whole thing like I did)

Counter to ACE

Well, it’s you ace who seems desperate and have resorted to misinformation.

The Alpha fund received their shares for NIL consideration, see Mondays RNS and prospectus.

Ace lies and Meatpie thinks you really shouldn’t read the full prospectus.

Let’s show the importance of reading. You can all read along on pages 189-190 of the prospectus: https://wp-georgina-energy-2023.s3.eu-west-2.amazonaws.com/media/2024/07/Geronimo-Prospectus-CLEAN-P20a-c98.pdf

Warrants & performance shares:

WARRANTS:

6,358,848 warrants at nil exercise price subject to the Company reporting a material increase in Mineral Reserve Estimate = CSS Partners (Alpha Fund)

4,800,000 warrants at 12p exercise price = CSS Partners (Alpha Fund)

1,540,881 warrants at 8.75p exercise price = convertible loan holders of Georgina

1,875,200 warrants at 8.75p exercise price

3,433,333 warrants at 16p exercise price

2,480,000 warrants at 12.5p Shareholders of the Company Joint Brokers

Total warrants outstanding = 20,488,262

PERFORMANCE SHARES:

Maximum of 31,500,000 shares may be issued subject to the following milestones:

Material increase in mineral reserves - 6,500,000

Drilling at Hussar - 15,000,000

Drilling at Mt Winter - 10,000,000

Also,

14,762,336 shares may be issued after 2 years of admission for repayment of Westmarket convertible loan. (Can be paid in cash also)

TOTAL DILUTION:

So, a total of 66,750,598 new shares potentially to dilute existing holders by 74%

So, MEATPIE you savvy investor, if you bought 9,008,839 shares or 10% of GEX on 1st November when the share issue was 90,088,396

By the time all warrants and reward shares are converted you’d only own 26% of GEX

Sometimes reading the prospectus is important!

Once again if you can prove I’m wrong, please do so. I’ve shown my working and provided links and page numbers to my prospectus source (so you don’t have to read the whole thing like I did)

Well, it’s you ace who seems desperate and have resorted to misinformation.

The Alpha fund received their shares for NIL consideration, see Mondays RNS and prospectus.

Ace lies and Meatpie thinks you really shouldn’t read the full prospectus.

Let’s show the importance of reading. You can all read along on pages 189-190 of the prospectus: https://wp-georgina-energy-2023.s3.eu-west-2.amazonaws.com/media/2024/07/Geronimo-Prospectus-CLEAN-P20a-c98.pdf

Warrants & performance shares:

WARRANTS:

6,358,848 warrants at nil exercise price subject to the Company reporting a material increase in Mineral Reserve Estimate = CSS Partners (Alpha Fund)

4,800,000 warrants at 12p exercise price = CSS Partners (Alpha Fund)

1,540,881 warrants at 8.75p exercise price = convertible loan holders of Georgina

1,875,200 warrants at 8.75p exercise price

3,433,333 warrants at 16p exercise price

2,480,000 warrants at 12.5p Shareholders of the Company Joint Brokers

Total warrants outstanding = 20,488,262

PERFORMANCE SHARES:

Maximum of 31,500,000 shares may be issued subject to the following milestones:

Material increase in mineral reserves - 6,500,000

Drilling at Hussar - 15,000,000

Drilling at Mt Winter - 10,000,000

Also,

14,762,336 shares may be issued after 2 years of admission for repayment of Westmarket convertible loan. (Can be paid in cash also)

TOTAL DILUTION:

So, a total of 66,750,598 new shares potentially to dilute existing holders by 74%

So, MEATPIE you savvy investor, if you bought 9,008,839 shares or 10% of GEX on 1st November when the share issue was 90,088,396

By the time all warrants and reward shares are converted you’d only own 26% of GEX

Sometimes reading the prospectus is important!

Once again if you can prove I’m wrong, please do so. I’ve shown my working and provided links and page numbers to my prospectus source (so you don’t have to read the whole thing like I did)

What a naive and complacent attitude you have STEAKPIE

I think if parting with hard earned cash you should read every word of a 200+ page prospectus. Doing otherwise is idiotic.

I nearly bought at RTO and the info I uncovered stopped me from doing so. Maybe as a non investor I shouldn’t comment? But it seems I’m as well researched as many investors, more so evidently, so maybe my voice is of some use… pessimistic as it is. Or is it just factual and straight to the hard facts.

For clarity I think the assets are good, especially MtWinter based on RVR being in a proven helium area and having infrastructure ready (and before you state the obvious, I know hussar will be selling from the well head)

Anyway, good night

Page 251-253 in the prospectus for anyone to read:

https://wp-georgina-energy-2023.s3.eu-west-2.amazonaws.com/media/2024/07/Geronimo-Prospectus-CLEAN-P20a-c98.pdf

This preceding paragraph Hardol?

Geological Risk:

The estimated prospective resources presented in this report represent a range of potential recoverable volumes if an accumulation is discovered in the structures identified by Georgina Energy, and then developed by the company.

There is no certainty that any of these resources will be discovered, and there is no certainty that a discovered resource will be commercially viable to develop, once discovered. The technical feasibility to develop any discovered resources must be assessed under the economic conditions post the time of discovery when further parameters pertinent to a commerciality decision are available. Hence, development risk for these Prospective Resources has not been addressed in this report, no economic assessment of the presented volumes has been made.

Helium and Hydrogen accumulations are found in conventional traps within which Hydrocarbon accumulations are also found, in most circumstances they are found in various ratios within the same trap (as demonstrated in the Magee-1 and Mt Kitty-1 wells). Hence the same risk factors as defined in the SPE-PRMS can be assessed for all three gases to assess the Chance of Geologic Discovery (Pg) being made within Georgina Energy's assets. Pg presented here is the estimated probability of discovering an accumulation of moveable gases, those gases assessed in this report. The Pg for conventional, and the reservoirs discussed in this report, is calculated through the evaluation of four independent risk factor summarised in the following table.

Probability that a lithology [or source fluid exists of sufficient quantity and

[Helium/Hydrogen] after the reservoir and trap were in place, and a flow path

Probability that a lithology exists with porosity, permeability and continuity to

GEOLOGICAL RISK FACTOR DEFINITIONS

Source

quality of thermally mature matter to have expelled Hydrocarbons [Helium/Hydrogen] which could have migrated to the reservoir.

Timing & Migration

Probability that a source rock [or source fluid] expelled Hydrocarbons

existed between source and reservoir, and that those Hydrocarbons [Helium/Hydrogen] can be tested to the surface.

Trap & Seal

Probability of adequate vertical and lateral seals existing to confine Hydrocarbons [Helium/Hydrogen] in adjacent reservoir rocks.

Reservoir

contain moveable Hydrocarbons [Helium/Hydrogen].

Risk Factor (Chance of

Geologic Discovery)

sufficient quantity for them to be tested to the surface.

The chance or probability of discovering Hydrocarbons [Helium/Hydrogen] in = (Source) X (Timing, Migration, Quality) X (Trap & Seal) X (Reservoir)

Table 14. Geological Risk Factors

The risk factors in Table 14 have been assessed for the Mount Winter and Hussar prospects independently and for each of the gases, Helium, Hydrogen, and Hydrocarbons presented in this report.

EP 513 - Hussar Prospect Risk Factors 0.8

Hardol, older&wiser has corroborated my posts factual accuracy. Check the prospectus, check page 252 for the COS, Check the PERFORMANCE SHARES section too. It’s all there. If you’ve been here since day one and don’t know all this. That’s a worry.

Anyway, older and wiser thank you for taking time for a response. Good night

Older and Wiser

Thank you for your well informed reply. The reason why I’ve chosen to step in today and speak out is Due to posts like this one a few mins ago from VSM. “Looks like a fund is buying!”

Seemingly investors don’t know the ins and outs of GEX. Maybe I should’ve just kept quiet but when you’ve researched a prospectus and people are putting real money in without seemingly even looking at it, it starts to grate.

My agenda or motive is fuelled, not by a desire for a lower entry, like some notorious LSE DERAMPERS but out of annoyance to be honest. Anyway hasn’t the price been low enough recently?

Anyway Older and Wiser I appreciate you taking the time to recognise my post wasn’t lies and even if you don’t believe me my intentions are not malicious

HARDOL where to begin? You don’t seem to have any idea what you’ve bought.

Warrants: I’m not disputing why the warrants were issued, just that it was claimed on the bb that a fund had bought in in a show of confidence. Which isn’t the case. And Alpha can sell their shares in January.

Alpha: check the RNS. they own 7.77% of GEX

The 31,500,000 performance shares are approx 33% of the GEX share issue and As per #GEX prospectus (see performance shares, free shares: 6.5m for material increase, 15m for start of drill (even if a duster) plus 7.5m alpha shares to hit in Jan

29m = 30% dilution to existing shareholders for organising a 8% COS drill n creating no material revenue

Plus another 10m next year for mt winter drilling, so in total more like 40% dilution overall

COS 8% - Hardol please read page 252 of the prospectus thank you

Anything else?

Lsetown, I’m sure many of you know all of this (which begs the question, are you happy about all this? And you still see it as a viable investment?)

. But maybe new investors might not, and for them, posts I’ve seen in here by existing holders making out a big fund were buying in today is a little disingenuous don’t you think?

Nothing. No holding here. I have a holding in HEX and PLSR. I looked over the GEX prospectus in detail in the run up to RTO And my problem here is that spurious articles aside, a lot of misinformation is bandied about. I know the prospectus well and see a lot of new investors buying without knowing the full picture. I’m not trying to be some Samaritan. I Just know the details well and see when something like todays Alpha RNS is misinterpreted. Maybe by those who simply don’t know, or those like ACE who as “knowledgeable holders” should know better.

So Hardol, you are admitting everything I’ve stated is factually accurate? (Below)

In which case why would I look silly if I’m stating fact?

Prior posts on here from so called knowledgeable holders this evening were making out a fund was “ loading up and it was a show of confidence” which is simple untrue. I merely countered that with fact. I’m sorry this board isn’t an open forum for factual discussion.

“1. The TR1 RNS wasn’t a fund buying GEX stock as a show of confidence as some on here and X have stated. The reality is that Alpha converted RTO warrants acquired for a NIL consideration as per Mondays RNS. They were not bought.

2. Due to this Alpha own 7.7% of GEX and can dump the lot in January.

3. 31,500,000 performance reward shares will be given for free to BOD or the equivalent of 33% of the company resulting in 33% dilution to existing holders. The first batch of these shares will dilute holders on the commencement of drilling next month.

4. The COS chance of success for next months HUSSAR drill is 8% “

It may be hilarious to some but perhaps not for those who don’t know the full picture.

So, I’m talking nonsense. Well tell me what things I’ve stated this evening are factually inaccurate?

1. The TR1 RNS wasn’t a fund buying GEX stock as a show of confidence as some on here and X have stated. The reality is that Alpha converted RTO warrants acquired for a NIL consideration as per Mondays RNS. They were not bought.

2. Due to this Alpha own 7.7% of GEX and can dump the lot in January.

3. 31,500,000 performance reward shares will be given for free to BOD or the equivalent of 33% of the company resulting in 33% dilution to existing holders. The first batch of these shares will dilute holders on the commencement of drilling next month.

4. The COS chance of success for next months HUSSAR drill is 8%

If there’s any inaccuracies please do tell. I’m just quoting the prospectus and Mondays RNS. I’m not even mentioning the spurious claims by TW.

The reason I’ve posted here is because what I’ve read here this evening is a tad misleading for people who haven’t read the prospectus

ACE

You’ve just mirrored what I’ve stated. Good lord.

They didn’t just buy the shares like you and some were stating, they got them for NIL consideration during the RTO. AGREED

They can dump 7% of the company in January. AGREED

The only thing we don’t agree on is the surety of a higher SP in January… That relies on a 8% COS drill

Jealous… No