Member Info for F1Driver

Thats BS opinion. This will be 3-5p just on the news confirmation by June 6th. Thats a massive catalyst.

Testing Duration: Standard extended production tests typically run for 3 to 12 weeks depending on whether zones are tested sequentially or simultaneously.

Expected Results Window: Accounting for standard testing cycles and the time required for independent laboratory verification of gas composition samples, initial flow rate indicators are structurally tracking toward mid-to-late May 2026, with comprehensive lab-verified results stretching into June 2026

Negotiations are advanced but not complete.

Letter of Intent Executed: GEX executed a letter awarding the drilling program to Ensign Australia Pty Ltd.

Rig Selection Confirmed: The company selected the Ensign 970 automated drilling rig (an ADR-1500 model).

Terms Pending Finalization: The final contract details are still under active negotiation. Both parties are currently finalizing terms regarding rig availability, mobilization costs, camp operations, and technical support.

Timeline Intact: GEX remains on track to begin its 50-day drilling program targeting the subsalt reservoirs in Q3 2026

Rig contract is not negotiated. Read the RNS' thats part of the delay on Rig.

Id say mid end June for Rig contract negotiations and actual announcement.

Cmon MILA

$1bn asset. What are you on about. All combined its $30bn+

Exactly. Single digits. 6 quid down to 15p is what happened still a massive drop but lets not mention £40

I looked at this at 18p. Didnt buy.

Well done all!!

They cant put a tweet out like that not knowing the 2nd set of Assays. I suspect news Monday guys on the assays.

FFS enough of the £40. Go and look at it AFTER dilution and its single digits.

Idiots dont understamd thwre would be 4m on the balance sheet so have to factor that in on the share price

Warrants have no bearing as they come with CASH £4m of it.

Stfu and go back to your board fever otherwise I am coming there and will start deramping.

Likely Monday.

LFG!!

I see holding this back right now is the rather large potential dilution that is on the AGM Agenda as a voting point.

Its a somewhat corrupt mates deal. Unfortunately very common in these type of shares.

Its the game we are part of.

2.7p placing.

37m shares and another 19.5m warrants.

So glad I didnt buy more.

1m for working capital - what will that do?

From 10p down to 2.7p.

The issue is you are trying to force people to sell Ray so you can do one. I see your comment on that board.

Fact is this is moving for a reason.

See that and more on positive next set of Assays. Market is catching on even with warrants.

Nm