Member Info for miker444

Ifiknew, we know that Hussar is intended to be drilled Q3 and MT Kitty by June 06th 2027 what is your opinion of when MT Winter will be drilled? I would obviously assume after Hussar but before Kitty but just how far do you think it is after Hussar 3 mths?

There will be a 100 bagger and no bust, the reason being this is not a one trick pony but 4 drills to start with, some with proven world class gas concentrations.

Remember the broker note came out on Aug 01st 2024, an awful lot of progress has happened since the interview, the main one being $25m of funding, this was not known by Zak Philips at that time so a lot more de-risked. Happy that Schlumberger the No1 Global Oilfield Services Company are on board and even looking to increase flow rates by further fracturing a horizontal layer to the already fractured bedrock.

Reserved, many thanks mate.

I don't off-hand nomad, I will have to look for it, took me a while to find the broker note and then realised it had been added to Georgina web page! If I find it I will put the link on here.

atb.

Drilby, everyone knows apart from you, now go and have your warm milk and farley's rusk, there's a good boy, mummy's waiting.

Baldh, exactly, Zak Philips of Oak Securities who did the Broker Note gave a 45 minute podcast at the start of the RTO and he was asked repeatedly by the interviewer if he had meant the £1.24 was risked or de-riske d. He was cast iron in his answer that it should be £1.24 risked, i.e there and then. He said there was a total disconnect of what even the potential asset of Georgina has and that the market has misunderstood the situation.

To re-iterate what I said yesterday Zak Philips detailed 40 pages of data, incl seismic, aerial magnetic pulse, rock strata, porosity, with charts galore so he has not just plucked figures out of a hat, it is all based on his knowledge of information that physically exists.

Now come on Sir H, my off spring have got to look after ME in my old age! :¬)

Looks like a lot of people are just seeing the Broker Note for the 1st time, which has coincided with the uplift in buys and hence the sp.

I might just post the Broker Note every so often, be nice for the USA market to see it at 2pm.

I might

I didn't give a timeframe for Dividends so not sure how I am jumping the gun? The Dividends will be issued when Gex has a revenue stream with first issue at the end of year financials.

That may happen a lot quicker due to an Off -Taker trucking it away rather than having to spend 5 years building a multi-million dollar processing plant and infrastructure to allow it to happen at site. This was not fully realised at the time of the Broker Note being drawn up.

It doesn't matter as I will be holding for the long term.

I hold 3m, my son & daughter have 1m each so 5m in total which is 4% of the Company and as Sir H correctly states not a lot of free float shares that aren't in sticky hands.

Https://wp-georgina-energy-plc-2025.s3.eu-west-2.amazonaws.com/media/2025/04/Georgina-Energy-IPO-OAK-initiation-note31.pdf

Oops Try again.

File:///C:/Users/holly/OneDrive/Desktop/Georgina-Energy-IPO-OAK-initiation-note31.pdf

£1.24 is 'Risked' what we should be now, a huge disconnect to the Market, £17.95 is the 'Un-Risked' i.e Hussar being a success and the £320+ is the Best Case Scenario for both Hussar & MT Winter with Helium set at a free market Supply & Demand price, not fixed by Govt legislation. The Central Petroleum Prospects next year, MT Kitty / Dukas were not known then so we could end up with an insane sp level in a pretty short space of time.

Whatever the end price we will be in double figures ££'s minimum with just Hussar & MT Winter with Dividends even £1 a share considering the total CapEx is $85 , anything above that is pure profit to further more drills and return a % back to the shareholders.

The incentive to do that is that A Hamilton & M Wallace have 11m shares each, they just might want Dividends for themselves, hmm... let me think about that.... :¬)

Https://wp-georgina-energy-plc-2025.s3.eu-west-2.amazonaws.com/media/2025/04/Georgina-Energy-IPO-OAK-initiation-note31.pdf

The £1.24 is the risked price i.e what it should be on potential, the £17.95 is un risked, what it should be on a successful outcome.

The £321.85 is best case scenario, unlikely but just shows with the tiny amount of shares in issue and if all drills are successful then £17.95 might be blown out of the water.

It's a good broker note of nearly 40 pages, most have just 2 mainly detailing the fundamentals and expected sp on success. This broker shows the incredible detail that Zak Philips has used to come to his conclusions. Lots of charts lots of data.

atb.

Casper I totally agree, if all the preparations go to plan, Q1, Q2, Q3 (With Schlumberger on board there is no reason it won't) then 30p at spud will be very low, post drill if we hit helium that flows to the surface you can add a zero to the 30p. That would still only be a little over £300m MarCap, I would expect anywhere between £300m - £500m if flow rates are > 40mcf p/day with helium concentrations >5%.

It would set up momentum to move on to MT Winter with spring in our step, plus revenue to fund the Central Petroleum / Santos prospects in 2027.

atb.

Agree Just us, Mahler Magee is more of a Nat Gas prospect and more in keeping with what Santos are interested in, my point was A Hamilton still included it in the podcast. Thought he would not have mentioned it if we had dropped it, not important in the scheme of things.

atb mate.

IfIknew, did you notice that in the recent Vox Podcast A Hamilton, in addition to Hussar & MT Winter, he still included Mahler Magee alongside MT Kitty & Dukas, so all three Central Petroleum prospects which would be 5 drills. Along with others on here I thought Magee had been dropped, unless he had brain freeze.

Yes, those figures $60bn - $90bn were from my post. The $10bn is referring to just the Nat Gas.

atb.

Duster absolutely correct, outside of the USA which prices gas circa $3.50 (ish), UK, Europe and Australia price it in nearer $5 so depending on which market Harlequin supply to we could add 40% making it nearer$15bn. Either way we are talking telephone numbers.

Some people still not grasping just what sp could be if the $100bn assets are there, with a current MarCap still hovering around £10m.

atb.

Good morning Drubley, Nooblie, are you asking for a friend? seeing as you are not invested here or are you trying to save us all?

F1 Driver, trust me mate I am fully aware of the pressures expected, as stated in recent posts of mine, I quoted the historic pressures encountered previously in the same basin and also stated that A H had ordered a BOP Valve capable of 10,000 - 12,000 psi, (expecting 6,000 - 8,000 psi).

I bought in on the 1st release day to market ( RTO 12.5p) paying an initial 14p, now averaging 8p for 3m shares.

I was also one of only 3 shareholders who attended the AGM on Aug 06th last year and asked a bundle of questions and was very happy with the situation to keep adding to bring my book cost average down.

Just to add 30mcf p/day @ 9% concentration is better than 80 mcf p/day @ 3% concentration 3% is considered good by the markets. If we get both then sp is going to the moon (and then heading towards mars!)

atb genuine holders.

The biggest factor in determining the MarCap will be the flow volumes. A very wide range in value was given within the Broker note of £7m - £200m depending if flow volume is small or large. The parameters are huge.

Market analysts usually use EV/ EVITBDA with oil companies normally rated between 4x - 8x.

This is very modest compared to some industries where 20x - 40x is possible. So if we hit somewhere in the middle with income circa £100m then we will be valued between £400m- £800m. This would give a share price anywhere between £3.30 - £6.60 (ish).

This is easily do-able if Schlumberger/ Harlequin go for fracturing to enhance flow rates. This would be just for Hussar. With MT Winter and MT Kitty /:Jack Bore adding similar if successful.

atb.