Member Info for ifiknewidberich9

From the March RNA update via rns news wire service.........

The Sibanye-Stillwater Section 11 and Section 102 applications have been submitted to the Department of Mineral and Petroleum Resources, with the requisite approvals expected in May or June 2026. In terms of the Conditions Precedent contained in the relevant agreement, these approvals are required to be completed by 6 June 2026.

In accordance with the contractual process, the second Section 11, being Neo's own application, will be submitted following approval of the Sibanye-Stillwater Section 11 application referred to above. The agreement requires this process to be completed by 6 December 2026.

We go again in the morning

manyana banana's...........

Yes, still need to keep control of costs, until all done and proven, Officer could like Amadeus basin have 9-10% rates for Hydrogen and Helium

with He-3 in the mix. Until the dust settles, we could also have much higher or lower rates of H , He and no 3 in the mix.........

High risk but MEGA ULTRA HIGH REWARDS is this one, on success........GLA

No Shafaq , the 25m is the available funding cover from Harlequin, not how much that will automatically be spent , for Hussar , Mt Winter and assets beyond, paid back via offtake production agreements. Cheap and cheerful re entry of H1 2040m already drilled, into H2 TD 2800-3200m

Could be as little as $3-4m if H1 Hole sound and a new spud not required nearby.

Most shallow onshore drills USA and elsewhere , come in around $7 - $10m for a new hole........GLA

Offshore $20 - $30m

Harlequin funding BOTH Hussar and Mt Winter.....and if you read their own releases , anything that joins them at GEX...

offtake agreements will take most of the pain away from GEX, as bod as said, they do not want to be a typical confetti issuing

London share with billions in issue.

With Hussar a success, GEX can raise millions and not make a dent in the share base, for any additional needs beyond Harlequins cover.

A reason for the previous near term and long term brokers notes for GEX of, £1.65 and £17

The latter on success at both Hussar and Mt Winter ($110-$200 Billion est.)

Sleep tight and don't have nightmare's

at that future prospect....... 😉😉😂

Dilutions and a more recent near term brokers note for 46p BUT in my experience brokers notes , heavily conservative.

Got in late for RKH had already moved from 5p to 22p in anticipation of drill (similar low share base to GEX at the time)

Brokers note 89p, Sealion a hit 500mbo (around 3 tcf gas eq) romped to kiss £5.72p high......as said conservative.....😋

He-3 the holy grail here, over recent years has commanded a price over standard Helium He-4 of 80,000 - 150,000 times the price.

Amadeus basing (Mt Winter and co) known to host He-3. The Officer basin ( Hussar) anticipated to also host He-3, the Australian

Gov and Geological society, reporting Officer as geologically an almost mirror image of the Amadeus basin.

He-3 is the high tech use, like MRI machines, so rare on Earth , the Scientific community planning expeditions to mine it on the MOON,

where apparently it is abundant. He-3 for super coolant usage, He-4 for Balloons etc........GLA

At the moment, its wagon train daily tankers , probably to the East complex in Darwin , BOC/Linde only Helium plant in OZ co-located

with Santos/ENI refineries. Multi well FFD possible but not near term, expense which a Major would not bat an eyelid at, Santos recently

completed the Barossa - Darwin offshore pipeline with a budget of $400m, so a pipeline tie in to the nearest existing infrastructure to

Darwin or one in the South, could be a lot less........GLA

Hussar if proven to be what they think it is , is $60-$100 Billion , AH would have to have rocks in his head to sell for such a lowball figure.

Cove sold its percentage of an offshore gas field a few years back, bidding started by Shell, won by the Thailand NOC, £1.25 BILLION

Hussar proven up at least on a par with that gas field, higher if the Helium contains He-3 as well as standard He-4........GLA

The drill , no spud re-entry of H1 extending into H2 (h1 already 2040m / h2 td 2800-3200) could come in for as little as 3-4m, the rolling 25m

with Harlequin is to cover both Hussar and Mt Winter (as stated in their own releases/website) plus any new additions to GEX portfolio.

In return they get 100% of the production and are responsible for wellhead equipment and sales.

Would imagine, the revenues will be a 3 way split, GEX, Harlequin and a set % debt repayment.

Dimbo Algo, everything labelled by ITS now status, no matter when placed.

All above ITS Mid = Buy-----------------never the case

All below ITS Mid = Sell-----------------ditto

All exactly on ITS Mid. all delayed TRADES, not mm games, dark arts , hocus pocus, or Dimbo sees as outside of its range CHOKES = UNKNOWN

As simple and tragic as that, in this technology age, the worlds markets long ago , offered the simple tech fix, to add real data at source.

Declined choosing TRADITION over Tech.........GLA

Only the two parties involved in any TRADE, ever know the TRUE status of any TRADE 100%.

When in vogue over many, many years, I have often bought on/near bid and sold on/near and on a few rare occasions ABOVE the listed ask.

What they look like on the real LSE Exchange before 3rd party sites ADD a BEST GUESS, using the dimmest Algorithm on Earth......GLA

https://www.londonstockexchange.com/stock/FORG/forgent-plc/company-page

I also got a 5m+ top up this morning likewise the guesswork algo had a bad day at the office.....GLA

Colour codes and buy/sell/unknown are all BEST GUESSES added by 3rd party sites like this one, trying to be helpful but failing miserably

on most shares daily, mm/market label nothing , just print TRADES, all considered as both a buy/sell, hence no labels......gla

The National Parliament approved today, June 2, 2026, in a final overall vote, the proposal for the first amendment to Law No. 8/2025, of November 27, concerning the General State Budget for 2026 (rectifying OGE 2026). The proposal was approved with 42 votes in favor, zero against, and 23 abstentions. WhatsApp Image 2026-05-28 at 17.07.06 (1)

The amendment to the 2026 State Budget aims to respond to the impacts of the current international situation, marked by geopolitical instability and fluctuations in international energy markets, through measures designed to strengthen national energy security, stabilize fuel prices, and ensure the continued operation of essential services.

Among the main measures foreseen is the establishment of a National Strategic Fuel Reserve worth US$174.3 million, intended to ensure approximately seven months of national fuel needs for electricity production. A fuel subsidy program worth US$42 million is also planned, with the aim of mitigating the impact of rising international prices on households and businesses.

Since time began, the TL plan has to in addition to Sunrise/Beaco/Natarbora Gas LNG Export strings (up to 4) to have its own single

Gas/LNG Import terminal to feed its to be converted to gas 3 power stations (currently expensive diesel)

2021 then PM Rauk wanted it done by 2025/26 with a proposed site moved from Beaco to Metinaro (North Coast near Dili) as soon as Gas

becomes available , always read that as when their own gas , becomes available, as could obtain from OZ/Others anytime. That timeline

was at the time 5-6 years in advance of any potential Sunrise involvement (tenders then 2030-31)

Always viewed Chuditch as that first GAS when available , its timeline at the time was production, probably by 2027.

Also do not have to have OZ involved in any Import project from Chuditch as 100% TL area ownership.

Chuditch - pipe Bayu Undan - pipe TL Natarbora/wherever - Gas Import Terminal - 3 power stations - Stable supply electricity for all.

GLA

CLN's not known as DEATH SPIRAL finance for nothing, the wonga (ii my arse) plays and makes money,

while all else watch in disgust.........GLA

If Diamonds indeed can clear the majority of Vast's current debt's, Gulf really could be AP' s rabbit out of the hat

and finally turn him some real revenues.......GLA

Gulf minerals , top of page contact via email - vast@stbridespartners.co.uk

https://gulf-minerals.com/

Targeting ounces of Gold per year 25,000 oz

Targeting ounces of Silver per year 250,000 oz

Ounces of Gold Resources and Current Reserves 1.7 Million oz

Ounces of Silver Resources and Current Reserves 15 Million oz

https://gulf-minerals.com/

Today's spot price of gold is approximately £3,365 per troy ounce or $4,535 per troy ounce

Today's spot price for silver is approximately $76.50 per troy ounce. GBP £57

25k Gold Today £8.4m

250k Silver £14.25m

£22.65m revenue p.a. , minus production costs etc.

GGP said for 6 years they had a potential 18 Telfer (17m oz) Gold mine on its land.........held nothing back.

The market ignored, until the owners of Telfer , came for a look see themselves and agreed........GLA

RNA updates are released asap be that buffered in the system from closing six thirty PM on Friday to 7am open Monday.

or intra-day ASAP, the Main Market of which GEX is, is hot on fines and/or potential suspension, if companies found to hold

on to information. Unlike the wild west AIM casino, that is a quagmire of dodgy (plausible) practices.........GLA