Member Info for Magnatek

They cannot raise without asking the shareholders.They must get the deal or JV for gold diggers.

It is logical to wait for BP , Chevron and Shell results.I don't believe in a farm out agreement before any positive news from one of these. Watch them results first.

If they are legally blocked from doing another cheap placement, the "placing overhang" is completely gone. Management's back is against the wall—they cannot print their way out of this. The only way they can fund the company now is to actually close the Namibia farm-out or secure a joint-venture partner for Gorge who pays cash upfront.

At least 10 bags 🤣🤣🤣

#TRYYOURBEST

You are not trying your best 🤣🤣🤣🤣

Those shares were free for them.They didn't bought any, they just printed more.

This need a miracle to come back...

Chevron has a multi-year head start, a fully established logistics hub in Walvis Bay, and a plan to drill up to 10 wells (5 exploration, 5 appraisal). Because Chevron's campaign isn't spudding until late 2026/early 2027, the market realizes that a tiny micro-cap like GEO is unlikely to find a partner willing to speed ahead of Chevron's regional results. The "imminent drill" story the bulls have been pushing is effectively a dead narrative for 2026.

I am waiting for 0.0005

Perfect time to sell.Before this hit 0.007

They should extract petrol first 🤣🤣🤣

The company boasted that active field execution would start "mid-May," yet the market has realized that between finishing drilling at Juno last October and now, the company has essentially done nothing. The upcoming airborne surveys are explicitly "subject to operational factors including fuel availability"—a ridiculous caveat for an AIM-listed explorer.

There is the profit.Go get it.

PEL 94 is hard to dig. It's a very expensive lottery ticket for the drilling company.The Company that will venture this,must have deep pockets.

Is it 0.075 order too high? Shall I lower a bit?🤣🤣🤣

Day traders.They will sell it before closing.

The company is fine,the board of directors is awful.

I've just put an order for 0.075 🤣🤣🤣

Awful board if directors.

I can see the price doubling already. Double down 👇🤣🤣🤣