Member Info for Jungmana

After the recent placing total shares in issue is about 3.2 billion.

Therefore 10 million market cap is about 0.3p.

Very achievable by drilling time.

Nortrust is a nominee account and like all nominee accounts is held on behalf of many investors.

Some are selling and why not when sitting at near 50,% profit.

Others may hold for more.

184 million last week down to 121 million today.

Empyrean Energy was notified on 6 February 2025 that Nortrust Nominees Limited  now holds 121,500,000 ordinary shares in the Company, which represents approximately 3.75% of the issued share capital of the Company.

Bought a few million more today.

Placees paid 0.225p 4 weeks back.

Am happy to load up 25% below that

£ 10 million market at Wilson River 1 spud in March is realistic. That's 0.3p ( 100% rise from today's price)

On success 1p is achievable quickly.

Added 5 million yesterday

-- £1.8 million in total raised recently .

--40% share of Wilson prospect mean prospective oil in place of 21.3 MMVBOE to be drilled next month.

--8.5% share of Duyung, offshore Indonesia.

All for £4 million market cap right now at 0.14p.

Too cheap .

Bought a few more at 15p by taking some profits from Panr.

Looking forward to the news flow this month and beyond

Let's get back to 8p+ by end of February please

Sold my small 10 million holding this morning.

Proceeds gone into EME.

GLA

Lets see where we are in 4 to 6 weeks time.

I leave you with this, read and digest;

"The completion of the expanded EIR and subsequent submission of the permit application to DEMIRS is now expected to take approximately 60 days"

Up to 60 days delay has halved the share price in 3 weeks of trading.

That's the story of January.

Lots of news expected in February.

Holding tightly at about 7.7p average.

Happy weekend all ( rampers and derampers)

There were good number of buys yesterday about the 4.5p price.

This will bounce hard soon imo.

Just too too oversold

Msmn market cap GBP 9 million

GEX market cap GBP 4.5 million

Incredible!

I think GBP 10 million market cap (0.3p) at spud would not be unreasonable?

Remember royalty payments are for helium and hydrogen sales whenever those projects ever get into production.

Remember msmn has much smaller projects in US today than 2 months ago having sold the huge globally significant projects EPA155 and EP145 in Australia.

And in the Vecta Project the share is just 20% .

Got to factor this in too.

"Mosman has agreed a binding heads of terms with Echelon to sell 100% of % EP-145 for A$400,000 in cash and retain a 5% helium and hydrogen royalty (based on sales price, no deduction of costs)."

" Georgina Energy Plc, GEX.L, a helium, hydrogen and natural resources development company in Australia, is pleased to announce that it has reached an agreement to acquire 100% of EPA155 (Mt Winter) held by Mosman Oil & Gas' subsidiary Oilco Pty Ltd, subject to the execution of formal Contracts of Sale."

Brought back more bringing my average down to under 8p.

Happy with that.

lots of news expected this february from both hussar and mt winter ( now 100% ours) projects

Fyi GEX already has a drilling contract signed with Aztech ( a well known drilling and well management company in Australia)

Msmn market cap today GBP 7 million, news on drilling contract signed on their 20% owned jv Vecta helium project.

Punters chasing that one today.

A project that is miniscule ( less than 2% in Prospective numbers) compared to the size of Hussar. And they only own 20% of it.

GEX is madly oversold at 4p ( £4 million market cap)

Harry , a new account by one of the regular derampers.

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Details on page 176

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