Member Info for Maverick7

By Galp et al in PEL83

https://www.offshore-energy.biz/saipem-rig-finds-more-light-oil-gas-condensate-offshore-namibia/

If we get farm outs for Namibia and near term well activity, the share price should be well north of here and that could result in raising money to drill Guyana - if we don’t get a farm out there

That’s Jan 2026

From Colin Kinley, Eco director a few RNSs ago

"Knowing the material value and potential of Orinduik Block, Eco acquired Tullow's 60% WI and has remained focused on drilling a massive, stacked pay interval in the Southeastern quadrant of the block. Eco Atlantic now approved Operator intends to bring in new partners and to drill the significant potential of the Cretaceous interval on the Guyana oil fairway. With this well commitment, we now move into planning and engineering preparations to drill in next 12-18 months.”

1. Farm in by someone

2. Do a raise to fund drilling resulting in dilution but get it drilled - there is still a significant number of directors with a large holding

3. Let the License lapse - can’t really see this with 3 discoveries including the Hammerhead extension

It took them a couple of days to get back to me and then the email went to my junk box, hopefully that was no omen

Https://gemresources.co.uk/contact/

Customer relations page

Every shareholder should be contacting these muppets on what is happening with production and sales of Emeralds

Https://www.gulf-times.com/article/695212/qatar/qatarenergy-acquires-additional-offshore-exploration-interests-in-namibia

They didn’t RNS it, i had a email back and forth with their customer relations and i asked the a question about why the auction didn’t go ahead

Being a cynic of the bigger oil companies and their self interest, will they be forth coming of positive results at Hammerhead-4 in close proximity to ECO Orinduik? Is it in their interests to release positive results at this location

When does the hammerhead 4 drilling start

So Why aren’t they moving the share price if they are buys - is this delayed news just to let sellers offload their profits - I hope not and has anyone seen or heard from Minchin

Apparently they are saying that one parcel of emeralds was not sufficient enough material to sell at the auction, they needed both parcels. The 2nd parcel was not lost but was delayed, so didn’t make it to the auction.

With the so called companies who want to constantly dilute shareholders. Bo Sears and Minchin hold significant shares and they know what they have here, cream will eventually rise to the top

Seems pretty clear that orificecat is desperate for failure here, looks like its getting a bit painfully for it for any sniff of goods news,

Don’t forget the wife’s CGT if she lets you have it lol

Within the next couple of quarters the cash position could be equivalent to market cap unless the share price goes up significantly. With the news well coming on stream, this could be quicker.

Funny that, HEX is 100% up on my portfolio, so its already popped thx very much

“Disappointing week”, lol, not sure about. Given the massive uncertainty with the budget and the wider market and with US elections coming, i think it’s been bloody marvellous.

2 ongoing drills with transformational news on the cusp, great position to kick on from

Some further big buys Wallact today so something is stirring, 2025 looks to be the year, dont know if it will be Q2,Q3 or Q4 when we get any news on farm outs and drilling dates but its always good to get in early.

I had already averaged down at these ridculous levels! This board is quiet at the moment, but no doubt it will start to get busier with usual infiltration of wierdo's