Member Info for F1Driver

20 Day MA has just crossed above the 50 Day MA.

Id suggest put them on. Shares cannot be borrowed then

All the best guys. Im out today. Been here since 1.7-1.8p and all into GEX.

Sale is now priced in.

Maybe back if it back tests 3p which it will.

Very toppy and based on that the revenue multiple is very low. £1.3 over next 18 months or so.

It will be £500k-1.5m for the asset sale.

DYOR

Broker Targets & Expectations

Short-Term (Near-Term): Current targets range from 46p to £1.24 depending on spudding operations at the Hussar well. The company completed a £1M fundraise at 5p to advance work programs, with short-term signals often pointing to breakout moves leading into drilling milestones.

Medium-Term: The risked broker valuation by Oak Securities sits at £1.24, heavily based on the potential of the Hussar and Mount Winter helium and hydrogen projects.

Long-Term: The unrisked/success-case target by Oak Securities reaches £17.95. This exceptional upside accounts for the low share base and the multi-billion dollar in-situ resource estimates if exploration at the wellhead is fully successful.

Post Cash - our mcap is £7m. Absolutely crazy.

Downside risk very very low - Upside is gigantic. 🚀🚀🚀🚀

This happened PRE SPUD.

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)

RKH went from £20m mcap to £140m (Pre Spud)

Guess where GEX is heading.....pre spud to a minimum of £75m mcap (could go well.past £100m given the examples above) and given the size of the potential asset ($100BN+ for Hussar) and $200bn combined with other assets, currently 10m mcap. That is criminal.

The wells are also re-entry wells. Huge opportunity.

Q3 is 4.5 weeks away. LFG!! 🚀🚀🚀

Post commerciality eventually easily £1bn+ mcap with Mt Winter to come.

Whats your problem with facts?

Lmao. £1.50 a share. Mont - hope you arent in the buying and selling game.

£1bn absolute starter minimum bid on proving commercial flow and we can talk.

Expect it back to 4 or 5m mcap at best.

Get into GEX whilst it is low guys.

Will claim to hold here whilst undermining or spreading blatant BS.

Stop responding to MC22. Every post he has put up today is basically BS and takes 10 seconds of research to unravel that.

He is here to disrupt the board.

Looking past the post to the posters Agenda is critical. Secondly are they lying or not.

If first is questionable and second is blatant BS. Report or ignore or both

Correct Shafaq. I was just using example but you are correct its unlikely to be 5p.

Anyway its £2.5m with a window of 5 years if needed.

Zero headroom on any direct placings right now which is good.

All being well.

Cricket - no they cannot.

Read my 1st post on this thread.

Lmao - you are thinking about your pecker when you say Tiny, not a humongous Gas field.

the company could not enforce 8p. legally they had to take 2.7p as that was the mechanics of the debt deal.

it is what it is. annoying another 5.8m shares however should be churned through.

fully diluted incl this weeks placing and debt conversion

218,230,207 shares.

still very low, and thankfully not in the billlions like many shares out there.

for balance they have an atm facility that allows them to raise £2.5m valid for 5 years. at 5p that is up to 50m shares, at 20p thats 12.5m shares. they are capped by fca that they cannot issue more than 20% of total share count on an annual basis.

furthermore they have zero headroom for any more direct institutional placings like yesterday of 20m.

focus on market cap = it is tiny, basically priced for nothing right. there are companies with no cash and no licenses trading at double our market cap on the lse.

******* insane disconnect.

No its not great, free speech doesnt mean lying. There are implications in this case.

Dont encourage such nonsense.

Ignore the utter r3tards who turn up to this board, lie and spread lies.

Report them for libel and do not reply.on their threads as they are usually worded to be sensational, spread lies and be of the deramping kind.

Report and move on, one after another. Simple.

Some of the sells are reported as buys. Its normal as forwards sells would do that. They'll churn by Wed I expect.