Member Info for Jogonnow

De-risked Re-entry Strategy: Rather than drilling a completely new, multi-million-dollar hole from scratch, Georgina Energy is re-entering and deepening an existing well down to 3,200 metres. This drastically reduces initial mechanical and civil engineering risks, keeping development cost-effective.

Regional Proof of Concept: While Hussar itself is unproven, neighbouring assets in the Amadeus Basin have confirmed the system works. For instance, the nearby Mount Kitty target flowed gases to the surface with over 9% helium concentration. This is extraordinarily high, considering commercial helium is typically extracted from natural gas at concentrations as low as 0.3% to 1%.

The Sub-Salt Play Advantage: Georgina Energy's geological thesis relies on thick Neoproterozoic evaporite (salt) layers. These dense salt formations act as highly efficient seals. They prevent ultra-light helium atoms—which easily escape regular rock pores—from leaking into space.

Massive Target Scale: Independent consultants have confirmed net attributable 2U Prospective Resources of 155 billion cubic feet (BCF) of helium at Hussar. It stands as one of the largest onshore sub-salt targets in Australia, covering roughly 300 square kilometres of areal closure.

It's a good job some of the biggest oil companion in the world bothered drilling with just a 2% chance of success isn't it. Many of those drills found oil worth over a trillion dollars This isn't the type of share for this mornings derampers who want just about 100% certainty of success before even thinking of investing. Trouble is by then market cap would be multiples and multiples and multiples and multiples and multiples of today's price

I'm afraid you are missing the point . The success rate on every single large helium play in the history of mankind is always always low. After all if they were looking for enough helium to fill a balloon the chance of success would be just about 100% wouldn't it.

Better to get in before it's hopefully confirmed huge rather than after

If we have anywhere near what we think we have then the market cap of this company would be ? Well I ain't going to say because you'd think I was mad lol

Totally agree. Not interested in a little 10 -20% profit.

Where do these people come from lol. It's worrying

And also doesn't take into account helium has doubled in price over the last few years

So you don't actually know what's next ??????? Jog on

When you know you know

SP wants to go up. I can feel it in my bones

The reason why is in the RNS

As I said I don't think there is the appetite to sell under 6p. Onwards and upwards. MMs are going to let this go at some point today if you ask me.

Shagged - What a absolute stupid post. Jog on

Can sell under 6p. Let's see how many want to . If you ask me there ain't going to be many because SP is still rock bottom

Well there is another AI answer

Yes, helium is officially classified as a critical mineral by major economies, including the UK, the US, Canada, and the EU. It is deemed critical due to its high economic importance, supply chain concentration (with production primarily located in the US, Qatar, Algeria, and Russia), and a lack of viable substitutes for advanced applications.

Choo choo all the way to 12p which is roughly base camp. Then we can start the climb up the mountain.