Member Info for F1Driver

Today or first thing and then breakout time...

R3tarded and totally illogical post from Londoner.

Seriously where do you come up with this nonsense. That all your own work or a team.of you?

Miker - there will be obvious derampers and tge subtle ones.

Gotta call them all out so thank you

R3tards come on here asking questions when it ia easy to do your own research in the modern day on highly technical topics and the basics of Oil and Gas investing.

Also please stop replying to r3tarded thread titles.

There a handful of posters on this board that have kindly pointed it all out. Go read the posts and DYOR.

There isnt a better risk reward of a potential 50x share within 12 months as this one.

Agree Steve. Maybe someone wants to reply on the X post with that suggestion.

Based on the historical data from the original Hussar-1 well (drilled in 1982), the pressure readings and gas indications are considered highly encouraging for the upcoming re-entry, though they come with a specific technical caveat.

Here is a breakdown of how the historical pressure and flow data influence the current likelihood of success:

1. Historical Gas Shows

During the initial drilling of Hussar-1, significant gas shows were recorded.

- The Indicator: Natural gas, helium, and hydrogen were detected while drilling through the target formations.

- The Significance: This confirms the presence of a "working petroleum system." In exploration terms, this moves the project from "Does gas exist here?" to "Can we extract it at commercial rates?"

2. The Pressure Profile (Subsalt Advantage)

The Hussar prospect is a subsalt play, meaning the reservoirs are trapped beneath thick layers of salt.

- The Seal: Salt acts as an almost perfect seal. Historically, the pressure data indicated that this seal is intact, which is critical for trapping high concentrations of helium and hydrogen (which are small molecules that usually leak away easily)

- Likelihood of Flow: High-pressure environments generally facilitate better flow rates once the reservoir is pierced. Because the original drill stopped at 2,040m—just as it was entering the primary target zones—the "virgin pressure" of the deeper Townsend Formation remains untapped.

3. Why it didn't "Flow" in 1982

If the pressure was there, why wasn't it produced?

- Technical Limitation: The original well was not optimized for gas recovery; it was an exploration hole using 1980s technology.

- Formation Damage: Often, older drilling fluids would "plug" the pores of the rock (skin effect), preventing gas from flowing even if the pressure was high. Modern re-entry techniques use specialized fluids and "stimulation" to ensure the gas can actually reach the wellbore.

The Verdict

The historical pressure and gas shows provide a high technical probability that gas is present. However, the "likelihood of flow" depends on the porosity and permeability of the rock at the deeper levels (3000m+). Georgina Energy’s plan to deepen the well is specifically designed to hit these higher-pressure zones that the 1982 drill missed.

!!

For the disruptive lying r3tards whose only agenda is to drown out informative posts

Supply and Off-Take Agreement Framework with Harlequin executed!!

There will be idiots deramping this when its £70m mcap on Spud. Lmao.

Losers!

Supply and Off-Take Agreement Framework with Harlequin executed!!

Suck on those apples.

Based on the historical data from the original Hussar-1 well (drilled in 1982), the pressure readings and gas indications are considered highly encouraging for the upcoming re-entry, though they come with a specific technical caveat.

Here is a breakdown of how the historical pressure and flow data influence the current likelihood of success:

1. Historical Gas Shows

During the initial drilling of Hussar-1, significant gas shows were recorded.

- The Indicator: Natural gas, helium, and hydrogen were detected while drilling through the target formations.

- The Significance: This confirms the presence of a "working petroleum system." In exploration terms, this moves the project from "Does gas exist here?" to "Can we extract it at commercial rates?"

2. The Pressure Profile (Subsalt Advantage)

The Hussar prospect is a subsalt play, meaning the reservoirs are trapped beneath thick layers of salt.

- The Seal: Salt acts as an almost perfect seal. Historically, the pressure data indicated that this seal is intact, which is critical for trapping high concentrations of helium and hydrogen (which are small molecules that usually leak away easily)

- Likelihood of Flow: High-pressure environments generally facilitate better flow rates once the reservoir is pierced. Because the original drill stopped at 2,040m—just as it was entering the primary target zones—the "virgin pressure" of the deeper Townsend Formation remains untapped.

3. Why it didn't "Flow" in 1982

If the pressure was there, why wasn't it produced?

- Technical Limitation: The original well was not optimized for gas recovery; it was an exploration hole using 1980s technology.

- Formation Damage: Often, older drilling fluids would "plug" the pores of the rock (skin effect), preventing gas from flowing even if the pressure was high. Modern re-entry techniques use specialized fluids and "stimulation" to ensure the gas can actually reach the wellbore.

The Verdict

The historical pressure and gas shows provide a high technical probability that gas is present. However, the "likelihood of flow" depends on the porosity and permeability of the rock at the deeper levels (3000m+). Georgina Energy’s plan to deepen the well is specifically designed to hit these higher-pressure zones that the 1982 drill missed.

I see the t3rds turn up to drown posts out with their lies.

When the drill at Hussar-2 is successful—meaning they confirm the presence of Helium and Hydrogen at the flow rates and concentrations projected—the share price will no longer be traded as a "junior miner." It will be traded as a Strategic Energy Asset.

In a "success case," the shift from a £65M–£85M pre-spud cap to a post-discovery valuation happens with violent speed. Here is my guesstimate for the 30 days following a confirmed discovery RNS

1. The Immediate "Discovery Re-Rate" (Days 1–7)

The moment an RNS hits the wire confirming "Gas to Surface" with high Helium concentrations (anything above 1% is world-class; GEX is eyeing potentially much higher), the "risk discount" evaporates.

The Math: If they prove even 20% of the

Helium: ~283 billion cubic feet (BCF)

Hydrogen: ~315 BCF

Hydrocarbons: ~2.9 trillion cubic feet (TCF)

resource is recoverable, they have "de-risked" roughly $20B–$25B of gross in-ground value.

Market Cap Guesstimate: £250M – £400M.

Share Price: £1.80 – £3.00 (180p – 300p).

2. The "Strategic Premium" (Days 14–60)

Within a month of discovery, the conversation shifts from "drilling" to "monetization."

The Buyer Wave: Major industrial gas companies (Linde, Air Liquide) or Australian energy giants (Santos, Woodside) would likely move in. They don't buy based on share price; they buy based on Net Present Value (NPV).

The Offtake Factor: Since Harlequin Energy already has a $25M "hook" into the project via offtake, they (or their partners) may move to acquire the remaining equity of GEX to secure 100% of the supply

Market Cap Guesstimate: £500M+.

Share Price: £4.00+ (400p+).

This is just one asset and is a company maker in itself.

But they are not and neither is IQE. Anyway. Leave you guys to it. All the best.

Some shenanigans going again with trades of £1 and £2 odd being put through at 6p to pull the spread wide.

In that example IQE is the black cab.

Lmao. Its like saying Nvidia invested in Uber and expecting the value of black cabs to go up.

You guys know sweet FA.

Very toppy this.

Do some research. It is valued at 2x revenue, the same as every competitor that is doing the same. The ones valued at 20x are in a different ball game and much much more valuable IP.

Only takes 2 mins of research to uncover that.

Important to highlight the Strategic Significance of the "Airstrip Move"

For a junior explorer, working on the airstrip is a high-conviction lead indicator.

Safety & Logistics: You cannot mobilize a drilling crew or heavy machinery (like a $25M drilling program requires) without a certified landing strip for medical evacuations and technical staff rotations.

Expenditure: Initiating airstrip remediation is a "spend" event. It confirms that the Harlequin funding facility is being utilized for operational preparation

Nm