Member Info for lsetown

Thanks Jessy. I've gone through 15 pages of it but for some reason I can't see a Rio Tinto on there but I guess I may be doing it wrong!

Thanks. I can't find any direct link from searching with that, but from what you say it makes sense.

It's one thing to find a resource but it is another to exploit it. I agree it is very positive news.

I looked down the thread but couldn't find a link. Does anyone have a link talking about this Rio deal nearby? Thanks.

I remember years ago the old company name 'Global Petroleum' and I have kept on watching.

I thought that the Juno gold investment with Callum Baxter could be a massive move so I have recently bought back in again.

I have seen a video with Omar talking about how he was a 'keystone' investor for GGP.

Is Omar well backed with money then? If we believe the billion market cap. Omar mentioned in a recent video, do people think he is able (and wants to) reduce dilution for the rest of us shareholders?

New phrase I heard recently was "Trash and Cash" which is the the anti "Pump and Dump"

Am very annoyed with myself because I had loads at 20p and I knew they had great potential, but without much news I sold most of them at similar prices - foolish me!!

I also still hold some as a core and can imagine that they could be a nice dividend earner in the future.

Investing is so bloody difficult!

It would be pro-rata, so they'd share it I think.

I'm sure I read that some investors were launching legal claims against Robin in an old company he was involved in.

At the very least this RNS hopefully shows that the Execs aren't in cahoots with all the BOD!?

As you say, clarification is needed.

"Georgina Energy Plc, GEX.L, a helium, hydrogen and natural resources development company in Australia, announces the termination of Robin Fryer's role as Non-Executive Director of the Company with immediate effect."

I seem to remember some posters on here mentioned Mr Fryers' background as murky.

I wonder if the Execs have found something?

I agree Jackpack. He turned 2.5% of future Cameroon production into 20% of the whole company, just like that.

The problem with the Natural Gas is that there are no pipelines anywhere near Hussar so infrastructure would have to be paid for by someone. It is the Hydrogen or Helium that will make this company IMHO.

Which warrants? All the nil-paid warrants are already converted and the rest are exercisable much higher up.

Maybe CSS are selling their existing 7.5 million shares at almost any price (they were nil-cost), knowing that they can call-in 10 million shares later should this thing come off. A sensible thing to do if you want to make sure you at least get some money from them. A great opportunity for us PIs? (I hope).

The remaining CSS warrants have exchange prices 8p and upwards (obviously lower than here). No red flag though is it? Loads of companies have out-of-the-money warrants.

Aahh I see CSSE in the prospectus now - will read it!

I can only see CSS with 7.5 million shares after the recent RNS:

https://www.lse.co.uk/rns/GEX/tr-1-notification-of-major-interest-in-sharesi-dxigdmywra91i7i.html

Why do you think 16 million LegalWolf?

An RNS could salvage this if it tells us that funding is available to complete Hussar. They need to clarify this or arrange some funds (ideally from somewhere new).

Raising say £500k at 3.5p would only dilute by 10% of the final 140 million shares. We just need to get to the Hussar result with or without moderate dilution. What happens if the Helium, Hydrogen is there and flows?? This will re-rate hugely.

Come on Tony!

"I can't see anyone buying into a placement here until all those warrants have been exercised"

They have been exercised haven't they? - it's just that they may be selling the resulting shares.

If this goes to zero we can get the entire company for nothing. I look forward to lower prices!

I am guessing that GEX didn't realise that the expanded area would need to be declared. DEMIRS naturally told them to update it. Hence the delay.