Member Info for maestro1

Whatever happened to that deeper gas prospect in morocco, the geologist said similar techniques were used to usa to extract gas. What happened to that..

Now if they manage to find gas in morocco in bigger sizes then its game on.

But the company is being destroyed by directors in my view. Just look at the SP?

Mask

They have the Hussar Permit which they will be drilling in dec. This is done...

The Mt Winter permit they have meeting on wednesday.

Alot were confused they have two permits. Hussar is the bigger one with in ground potential value of $55bn helium and hydrogen

Remember they are fully funded to drill and develop hussar, as the ceo stated. They will sell the gas at the wellhead, MOU has already been signed with large offtaker. The coming days and weeks will be very interesting...

Hopefully we get some traction this week. Good luck..

Add 7.2m they received from WG, 2.1m went for tax liabilities of wg asset, 2.7m went to pay erbd.

Where has 2.4m gone. And the 4.2m from last results how can company go insolvent if shareholders dont agree to loan.

Ned, you stated the company was profitable??

Last results they had $4.2m cash, now they saying they may go insolvent if shareholders dont agree to loan.

Company in bad shape.

The meeting is at Alice Springs NT, Australia, considering australia time is 8hrs 30mins ahead, one can assume we may get rns first thing on wednesday in UK as it would be 4.30pm in aus when uk mkts open.

Aimho dyor

Say goodbye to the receivables, egypt will never pay them..

But sdx have secured the loan against their assets.

Aleph can take the assets if sdx defaults...

Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:

"Georgina Energy has spent the past five years investing over GBP6.5million, with GBP2.5million contributed by the Directors, to develop its strategy of well re-development in Australia. This program aims to achieve positive outcomes in the exploration for natural gas, hydrogen and helium. The execution of the Hussar contract marks the first step in proving this concept."

JUST TO CONFIRM FOR IDIOTS..

HUSSAR AND MT WINTER ARE SEPARATE LICENSES.

HUSSAR WILL BE DRILLED IN Q4 AND ARE FULLY FUNDED FOR DRILLING AND DEVELOPMENT. IN-SITU VALUATION OF $55BN OF HELIUM AND HYDROGEN.

TO REPEAT HUSSAR LICENSES ARE DONE..

MT WINTER IS SEPARATE LICENSE... WHICH HAS INSITU VALUATION OF $39BN.

HUSSAR IS OWNED 100%.

Did you mean gex or He1.

Cos that dont make, he1 are 1p a share...

Just on Hussar alone, with insitu value of £55bn of helium and hydrogen gex is significantly undervalued.

MT Winter will be nice addition.

Ace

Buyin 100k shares in he1 is not 10p do you mean £100k.

Jimzi saying buyin 150k shares in gex is 11.88p

Ned

If egypt is profitable, sdx should have amassed great dollars in egypt when egypt banned dollars leaving country.

Sdx are not making decent profit imho, aleph has secured assets againt their $3.25m loan which has increased to $4m and will get higher.

They have potential to take the whole company if sdx defaults on the cheap.

West Gharib cash has been skippered away, if SD was gonna be sold it would have.

To date they have paid 700k in interest to aleph.

Production has reduced in both morocco and egypt its downhill.

I bet h1 results will be after GM too, why not release them before GM for transparency.

Littlened

Hes letting you know. Next year if sdx defaults the assets are secured against the loan they will take the company.

Shareholder maybe shafted. Imho

Aleph imho has screwed shareholders over by rejecting the takeover offer.

Does anyone actually want SD, been over a year since MOU was signed...

How the hell is this good news? Unlike the cln this is secured against morrocan and egyptian assets not to mention 20% yearly interest.

The board are getting paid handsomely but in my view holders are getting screwed.

This is awful.