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The RNS issued on the 15th Oct 25 offered the following update which should be finalised soon :

The Company considers that it is on track to sign a rig contract before the end of 2025.

In the meantime, SundaGas continues to engage with the Timor-Leste helicopter company for support of the planned offshore drilling operations at Chuditch and believes that an appropriate and safe service is now going to be available for the planned drilling period.

The Environmental Permitting process is progressing well and SundaGas anticipates award during Q4 2025.

News inbound soon based on the RNS on Rig contract and Environmental Permit… :-)))

My buy shown up in red which is a little deceptive lol.

So many other trades shown in red are actually buys.

Nice quiet period to increase holdings before news start trickling in…

Alrt, wsbn and imm suddenly rocketed on ground breaking news, I see the same happening here at some point

A very good entry price imho :-)))

Increasing my holding at these prices, just bought another 10million shares

Lanstead still have loads to sell which is suppressing the price

New accounts created that will soon disappear.

Fundraise terms and details missing which creates uncertainty

The market views this as a negative.

It would have been helpful to know at what price the fundraise was for.

It looks like sentiment has changed to negative here, and it’s looking very bearish with sells after sells being registered

This is falling rapidly.

Better to wait for the official news from the company.

DYOR

Have a good weekend all :-))

Stally092

The link that was shared by another individual had Harlequin Energy Limited on the letter head with a proposed deal, however after doing a little bit of research, I found that this particular company offering the deal isn’t actually trading and is registered as Dormant.

https://find-and-update.company-information.service.gov.uk/company/12972037/filing-history

The same people opened another company called ‘Harlequin Energy Group Ltd’ only a few months ago on the 14th April 2025, which later changed to ‘Halo Capital Investments Limited’ on the 22nd August 2025.

https://find-and-update.company-information.service.gov.uk/company/16384954

Someone uploaded a link of a deal earlier and others jumped on the bandwagon.

A dormant company that is not trading suddenly offering a deal is certainly questionable

Strange that Harlequin Energy Limited is a Dormant company as of July 2025.

In fact it has always been dormant since it was incorporated.

What suddenly happened here, it went up and came down in a blink of an eye

CDF1

Thanks for sharing the link.

One positive RNS away and we’d be flying high :-))

Placing shares of 17,500,000 admitted to the market yesterday, a lot of shares to go through and current volume seems to be very low

It’s a bit sneaky to include the information on the warrants right at the bottom after all the images.

The warrants should have been RNS’d separately unless the company are doing their best to hide this crucial bit of information

17,500,000 new ordinary shares admitted to the market today coupled with many large sells taking place is pushing this down.

Is there any news/updates expected?

Placing

Georgina Energy Plc is pleased to announce a placing of £200,000 through the issue of 4,000,000 new ordinary shares at a placing price of 5p to an Institutional Investor.

Ducks lining up one by one…going to be exciting watching this re-rate upwards