Member Info for F1Driver

Yes you are correct Miker. Stand corrected. Life changing 12 months and beyond here!! Agree on some quality posts from a select few.

Important to highloght 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.

If 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 155 BCF resource is recoverable, they have "de-risked" roughly $10B–$12B 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+).

If you strip away the current "micro-cap" baggage and look at what happens when a $60bn resource (155 BCF of Helium at ~$350-400/mcf) meets a confirmed drill bit in a Tier-1 jurisdiction like Australia, the numbers shift drastically.

The "Reality Check" Guesstimate

If Georgina Energy (GEX) confirms the rig and proves the $25M funding is operational,

Here is my "Pre-Spud" guesstimate based on the Expected Monetary Value (EMV) and peer-group FOMO:

My Guesstimate: £65M – £85M (approx. 50p – 65p per share)

Why this range?

The "Success Probability" Math: For a $60bn gross resource, even if the market only gives a 0.2% (one-fifth of one percent) chance of full recovery pre-spud, the valuation is $120M (£95M). At 7 GBX, the market is currently pricing in a near-zero chance of success. That gap has to close once the rig is on site.

The "Helium Premium": Unlike oil (88E) or gas, Helium is a strategic mineral. Supply is critical. A company holding the keys to a potential massive Australian supply hub will attract "strategic" buyers (like Linde or Air Products). Pre-spud, the market starts pricing in the takeover potential, which easily pushes a cap toward the £100M mark.

The HE1 Precedent: Helium One (HE1) hit a market cap north of £100M on a resource that many argued was geologically riskier than Hussar (which is a re-entry of an existing well that already proved a petroleum system). One of many examples in terms of precedent.

Nm.

Please avoid propagating the idiots thread title. Report and if you have to reply, reply under a new thread title.

Reposting for newbies and holders

1. Africa Oil (AOI.V): Increased from a starting market cap of $40M to $1.2B prior to the Ngamia-1 spud (30x rise).

2. ReconAfrica (RECO): Increased from a starting market cap of $25M to $550M prior to the Kavango Basin spud (22x rise).

3. Pancontinental (PCL.AX): Increased from a starting market cap of $15M to $180M prior to the Mbawa-1 spud (12x rise).

4. Invictus Energy (IVZ): Increased from a starting market cap of $10M to $120M prior to the Cabora Bassa spud (12x rise).

5. 88 Energy (88E): Increased from a starting market cap of $12M to $95M prior to the Icewine-1 spud (7.9x rise).

6. Chariot Energy (CHAR): Increased from a starting market cap of $30M to $165M prior to the Anchois appraisal spud (5.5x rise).

7. Galileo Mining (GAL.AX): Increased from a starting market cap of $18M to $135M prior to the Callisto-area spud (7.5x rise).

8. Frontera Resources (FRR): Increased from a starting market cap of $20M to $140M prior to their 2017 drilling campaign (7.0x rise).

9. Chalice Mining (CHN): Increased from a starting market cap of $45M to $250M during the immediate pre-drill and early-stage results phase (5.5x rise).

10. Pantheon Resources (PANR): Increased from a starting market cap of $50M to $280M prior to the Talitha-A spud (5.6x rise).

Some with much much higher starting mcaps in some cases lower value resources.

Buy, hold and wait!!

1. Africa Oil (AOI.V): Increased from a starting market cap of $40M to $1.2B prior to the Ngamia-1 spud (30x rise).

2. ReconAfrica (RECO): Increased from a starting market cap of $25M to $550M prior to the Kavango Basin spud (22x rise).

3. Pancontinental (PCL.AX): Increased from a starting market cap of $15M to $180M prior to the Mbawa-1 spud (12x rise).

4. Invictus Energy (IVZ): Increased from a starting market cap of $10M to $120M prior to the Cabora Bassa spud (12x rise).

5. 88 Energy (88E): Increased from a starting market cap of $12M to $95M prior to the Icewine-1 spud (7.9x rise).

6. Chariot Energy (CHAR): Increased from a starting market cap of $30M to $165M prior to the Anchois appraisal spud (5.5x rise).

7. Galileo Mining (GAL.AX): Increased from a starting market cap of $18M to $135M prior to the Callisto-area spud (7.5x rise).

8. Frontera Resources (FRR): Increased from a starting market cap of $20M to $140M prior to their 2017 drilling campaign (7.0x rise).

9. Chalice Mining (CHN): Increased from a starting market cap of $45M to $250M during the immediate pre-drill and early-stage results phase (5.5x rise).

10. Pantheon Resources (PANR): Increased from a starting market cap of $50M to $280M prior to the Talitha-A spud (5.6x rise).

Some with much much higher starting mcaps in some cases lower value resources.

Buy, hold and wait!!

He struggles as he is one dumb m*** and his real intent is to disrupt the board and basically spread lies and nonsense. Just keep reporting him for libellous posts.

HE1 went from £6m to £150m mcap (Pre Spud)

PLSR went from $15m to $110m mcap (Pre Spud)

Invictus Energy from A$25m to A$150? (Pre Spud)

88E from from £15m to £120m (Pre Spud)

Guess where GEX is heading.....Im revising my pre spud to a minimum of £60m mcap. That is still well below the above.

60m mcap would be 47p a share. Similar rerate to HE1 would 118p pre spud....you

HE1 went from £6m to £150m mcap (Pre Spud)

PLSR went from $15m to $110m mcap (Pre Spud)

Invictus Energy from A$25m to A$150? (Pre Spud)

88E from from £15m to £120m (Pre Spud)

Guess where GEX is heading.....Im revising my pre spud to a minimum of £60m mcap. That is still well below the above.

60m mcap would be 47p a share. Similar rerate to HE1 would 118p pre spud....you

Agree ART. We have the Schlumberger, not a Joe Bloggs outfit. They are connected to the largest producing fields and most complex projects.

Cant believe market is allowing me to accumulate down here.

Happy for it to stay here for next 6 weeks as can then likely accumulate to 1m shares which would be great.

I wouldnt call it D Day per se.

An extra few days is fine and even then securing it now doesnt mean drilling starts that much sooner given all the prep work.

Even if it takes a few more weeks, as long as they are on track on the prep work and provide operational updates to that effect that is sound.

Just to reiterate Casper....

HE1 went from £6m to £150m mcap (Pre Spud)

PLSR went from $15m to $110m mcap (Pre Spud)

Invictus Energy from A$25m to A$150? (Pre Spud)

88E from from £15m to £120m (Pre Spud)

Guess where GEX is heading.....Im revising my pre spud to a minimum of £60m mcap. That is still well below the above.

60m mcap would be 47p a share. Similar rerate to HE1 would 118p pre spud....you

Exactly ifik.

Enjoying your posts.

Are lying again. JACKO is due to be drilled by end of Q2 2027.

The approval will likely take to Q3 26 and then they have up to 6 months (4 plus 2) to raise the funds. So taking to Q1 27.

HUSSAR is the big Goal. Thats already a company maker. Focus on that. Everything else follows.

£150m mcap here would mean £1.18 per share.

Not far off the £1.24

HE1 went from £6m to £150m mcap (Pre Spud)

PLSR went from $15m to $110m mcap (Pre Spud)

Invictus Energy from A$25m to A$150? (Pre Spud)

88E from from £15m to £120m (Pre Spud)

Guess where GEX is heading.....

One way or another it will hit that as previous gaps have been filled, Id place a buy order there.

One rig is confirmed imminently then I see serious positions being taken.