Member Info for Legalwolf

Good to see the buys starting to land in the 13s.

Yes according to him they ruled out any placing at the AGM. So either he is lying or they were?

You said there wouldn’t be a placing? Kept on directing us to the AFR. You haven’t got anything right about GEX in months so I suggest you grow some humility and zip it.

Can we finish in the 13s today and say goodbye to the 12s? Then let Beaver Creek give us a decent run in September?

If they invested £3 million, where is it?

How convenient to have these RNS announcements in time for the placing hey? Is it all kosher or a pump and dump down to 0p.

I mean how they gonna drill with £1 million?

"he has 3m usd involved"

Did they actually put the money into the company in the end? If so, how did we get from a raise of £5 million in summer 2025, only to be left with £0.43 million by summer 2025? Where has all the money gone especially as there's been ZERO drilling and it's all been field work and paper work.

Need to take a closer look at the AFR.

According to Nick's recent interview, Rost is only expected to generate a "gross" of $100k/month. We are not talking big numbers at all. Certainly nowhere near the likes of HEX for example. With the activity MDH have planned for expansion, where's the money going to come from? At the moment, the answer looks like it will the market. Hard to get excited about the RTO without knowing what price it will come in at?

Ever get that sinking feeling? Well take a look at the chart and see what is unfolding right now! And the placing shares haven't even landed yet!

Is it headed for its all time low of 4p?

Unfortunately, GEX continues to show itself to be an untrustworthy outfit. First the "shifting sands" almost year long (and ongoing) saga with the permit, then a suspension, then a AFR showing it to be skint, followed by filler RNS to keep the share price above 5p, followed by a placing.

Hardly any of the posters on here accepted that there would be a placing. Now it has landed, it's only for £1 million. How is that going to pay for reconstruction of roads, site access, camp set up and then the drilling campaign, as well as working capital? The simple answer is that it isn't.

There will have to be ANOTHER RAISE to do any drilling, assumping they get this permit.

And now that the 5p raise is done, there's no incentive to put out more filler RNS to artificially keep the share price above 5p. Today's candle shows a high volume exit, meaning that we can expect to see sub 5p here very soon. Trust has been eroded by non stop delays and shenanigans. All imho and dyor

Looks like it.

Could it be that the company highly likely needs cash, and so the market might be suspecting another fund raise - maybe as part of the RTO? Rost is NOT going to generate enough revenues to fund the forward activities that Nick has outlined for the company. It's monthly revenues according to the recent interview Nick gave are actually very modest for a Helium play.

OMI has quite a few catalysts coming up. Anyone of the following could cause a move up:

1) Institutional buying - talking to "dozens" of instis according to the recent tweet, and will no doubt have more such interest at Beaver Creek.

2) Drilling results at Pepas

3) Drilling at El P

4) Progress at El C

5) MRE at Pepas

6) New discoveries at Pepas

7) Exhausting the supply of warrants - only a matter of time now

8) Simply on the technicals - trading right at the top of the consolidation now and threatened a breakout a few times now. If you take a look at the monthly chart, finishing up each month.

9) Next move up in gold - it too is threatening a breakout!

So all going to plan so far for those of us here with a longer term horizon. None of us can really say exactly when we breakout from this consolidation, other than it seems close now. All imo and GLA

It's going to take a lot more than £1 million to get drilling!

Well I did you tell you so - these were evidently filler RNS to get as many retail to buy shares above 5p, to allow a placing to take place at 5p. The worst thing of all is that this latest raise still doesn't leave GEX fully funded for any drilling. It's just to fix roads and working capital!

Who are you kidding? Of course they will tap the market again for cash. That’s the whole point of listing. Without raising cash, how are they going to drill?

Looks like another placing filler RNS to. Absolutely no substance to it whatsoever. The last few RNS are all designed to trap folk into buying shares before the placing lands imho.

The tweets are excellent. They tend to be very meaningful and complement the RNS really well. We should have some nice assays to look forward to from El Cedro next month?

The newsflow here will be off the scale going into Q4. It is traditionally the strongest part of the year in the markets.

World class results continue. This is a £1 billion plus project in the making. Will the institutions let this go now?

Brilliant RNS just ahead of Beaver Creek.

All remains on track at EL Pantano and El Cedro as well.