Member Info for miker444

Wholly owned subsidiary of Nova Scotia Bank, and did not hold any shares before so a huge confidence boost for the Board or Orosur, as other posters have stated we now have Institutional Investors wanting a piece of the action. Excellent News.

atb.

Man of his word oops.

Means we are looking to be become an operator therefore a producer with a revenue stream and regular income not selling the license for a quick buck. This is what underpins MarCaps and NAV'S with the market makers and is manifested through to the sp. An excellent RNS with Anthony Hamilton proving to be a man of his worth.

Good condition. There will be no problems in getting the necessary eqpt to site be it by road or air. Lot of information updates and newsflow this month.

That's once we have drilled, the market want concrete proof, nothing certain but if we do hit helium then sp will be £1 for every £97m MarCap. The broker valuation sp £17.95 is for a MarCap of just $2.2bn which will actually be too small if we uncover helium worth 50 times that ($100bn).

Nice weekend everyone.

Just 60m shares in free float, tiny considering Hussar & MT Winter combined valuation circa $100bn.

Anthony Hamilton has stated numerous times that there is a procedure that has to be followed regarding issuing of permits and that is it will only be issued once the rig and and eqpt is set up on site approx 10 days before the drill bit turns.

atb.

Has an sp valuation of £1.24 risked and £17.95 unrisked. Not sure if the link attached will open but a copy and paste in your browser should sort it. https://pbs.twimg.com/media/GT5CubeXwAAUVBH?format=jpg&name=large

Purely because it is all potential as it stands and the Market just needs that spark to let it move. There are plenty of them coming, and soon, which will replace the talk with substance i.e boots on the ground at the drill site, Farm - Ins, permits issued, Scoping Survey with 2D updates / upgrades, rig set up and ready to spud, then the drilling with updates of its progression over the expected 50 days.

Market wants 'physical' proof imo and we start the ball rolling in less than 2 weeks.

I genuinely believe people will look back in a few mths at the sp and calculate what gains they would have if only they got in at sub 10p.

atb.

I saw that interview and it was my understanding that the timeliness you are referring to was if the infrastructure was to be built from scratch at the drill location. It was explained that a 'mobile' unit could easily be transported to site which would be capable of separating the gases, helium, hydrogen, Nat gas and other gases in the mix which would reduce the time frame significantly I.e end of 2025. This was mentioned in depth as GEX were looking to sell at the well-head.

Hardolestation, exactly I have been watching and smiling that posters have confused Hussar with MT Winter, its going ahead as planned, let them have their day, it won't be for much longer.

atb.

Junga apologies spell check jumped in and I didn't notice.

atb.

Jungle, absolutely correct, Milton are selling the last shares remaining from the recent TR1 rns. Nothing has changed, if people sit tight then the sp is irrelevant short term.

3 mths ago today (30th July - 30th Oct) is just how long GEX has been listed on the LSE . To listen to people you would have thought we have been waiting for years with scenes of tumbleweed rolling across the horizon!

We have had 16 RNS's in just 12 weeks and the Company is moving as fast, if not faster, than any I have been invested in. We have a CEO who is all about the share holder and keeping us updated at every turn. So much so we know exactly what is in the pipeline, what is planned and the expected dates to go with them.

Equipment will go to the Hussar site in November ready for the drill to commence in December with additional updates in the mix regarding land permits to boot.

We have potential partners in place to off take the helium ( if successful) from the well head and are even in early stage talks of further partners / farm-ins of future drills beyond Hussar & MT Winter.

I really cannot see just what else Anthony Hamilton can do to appease the non believers on here. Personally I am very happy with being invested here and will continue to add when funds allow.

atb.

It doesn't all hinge on Hussar, far from it. We have MT Winter and also in talks of possible farm-in partners for the optimum probability 2 previously drilled wells which have been whittled down from over 200 wells.

Anthony Hamilton is on a mission to become a producer and it is evident he is not going to give up at the first hurdle, the biggest incentive being he and Mark (CFO) have put in £2.5m of their own money, that's a lot of skin in the game.

A lot of news between now and the drill in Dec.

atb.

Reserved, apologies I hadn't seen RNS 2, assumed you were quoting the first one. Even better mate.

Hi Reserved, thought I had mate, Hussar was valued at $55bn I believe, so 20% is another $11bn making a total of $67bn for Hussar alone, is that not correct? Happy for others calcs to be even higher than that.

atb.

The 20% Upgrade adds another $11bn to the estimated $55bn and that is for Hussar alone with helium priced in at $337.50 with the market average circa $500 - $600 and rising.

This means a substantial increase in profit margins for the operator (after well-head off-take price of $285) making it much more attractive to them.

The newly processed seismic data, which Georgina didn't initially expect to receive, rubber stamps their belief that helium is present otherwise what are you upgrading from?

Will we see the same upgrade for MT Winter, be a nice bonus if we do. Just $2bn MarCap in a success case for Georgina gives an sp of £17.95.

Is that MarCap $2bn valuation possible from assets worth circa $100bn ( combined Hussar & MT Winter ) hmm.. let's see.

Just sit tight and load up when you can afford to, final comment, I agree with other posters that we are not on the radar yet, it smacks of Greatland Gold before their farm in with a Tier 1 miner.

atb.

Hussar is huge but Mt Winter is almost as huge. Hussar has 155bcf Helium Mt Winter 148bcf so just 7bcf difference. Both have 173bcf & 135bcf of Hydrogen and 1.73Tcf & 1.22Tcf of Nat Gas.

Just 90m shares in issue currently and less than 60m free float.

Both are massive and we only need one to blow the doors off, if both come in then those Dividends alone will make some people very wealthy.

December drill not far away to set the ball rolling and even initial success (helium present) would push the decimal point of the current sp one place to the right.

atb.

Yes, a lot more activity today, a couple of decent sells more than matched by numerous buys. I think investors know that we are close to several news updates with each one potentially giving a lift to the sp. A lot of activity between now and the December drill, at the very least the native land agreement for MT Winter and drill eqpt being put on site next month in preparation.