RE: Broker Note £1.24 - £17.95 - £321.856 Feb 2026 03:37
DAI, I vaguely remember you posting on the HE1 bb and don't remember you being a troll so I'll treat you as a genuine poster 😉
Your comment about people losing money if they bought in at 10p is absurd. If they bought in at that level and sold before the drill turned that's nobody's fault but there own. This is oil and gas and shxt happens, which brings me to your other snippets.
I believe it was always GEX intention to have the offtaker fund the drill. Whether that was 2024, 25 or 26.
Which would make their fully funded statement factually correct would it not? Yes they are delayed by a year due to a once in 80 years weather event and an expansion of the permit area, for which they have had to raise funds via placing and an interest free debt facility. Personally I think they have done a fantastic job of keeping Dilution to a minimum. This game ain't cheap
Fact is if the drills successful, whether you bought in at 2.5p 0r 20p quite frankly you'll be laughing 😃.
GLA