Member Info for panman

Thanks punter. He did say it too . What a b#stard.

"There's another company that had the licence before. They have 30%. We have an exclusive option to buy their 30% out at the current valuation of the IPO which upon a discovery would be very positive."

Hope they dust.

Just back from shopping so missed the excitement. Is there a link for the podcast. Think best to hear it for myself given the "buyout" claims.

TIA,

Agreed if the results continue in the same vein.

Not that I particularly believe in their 2 kilo's/month figure but take it this if it happens would be an attempt to help pay off the gold loan?

Always moving forward this co. Good to see.

Today's update sounds pretty good on the revenue front for such a tiddler marketcap wise.

155B's/D at $92/B over 360 days gives just over $5M/ year?

If the waterflood and/ or Buccaneer's Organic Oil Recovery ("OOR") programme adds to that agree on their significant undervaluation statement..

$60 oil seems to be out the window for a while. Analysts are still talking $200 and apparently there's nearly $40 premiums on physical over paper oil.

https://oilprice.com/Energy/Crude-Oil/Futures-Market-Misreads-the-Hormuz-Oil-Shock.html

Share price drop may be in the hands of the warrant exercisers yet. If they all decide to take their profits whilst they still have some then 1p may be on the cards before a turnaround.

Seems likely. If it rises before perhaps they'll place again. They only raised £275K and that's after advising the market they blew through £355K between end Dec to end Feb so what £175K/month going out the door?

£275K won't last long imo and cash position must still be thought of as tight by management I'd of thought?

Sounds huge thanks for the link appreciated.

Am sorry for those suffering the ME crisis again but $100 oil is going to give these quite the margin.

Saw the markets then saw the RNS thought oh dear (or words to that effect) but pleasantly surprised.

£550K at a slight premium that'll do me in this fun market of ours.

Agree. Think its a very good environment for GEX to be getting their drill on. Believe myself even the amount of bearishness to be a good thing. Keeps the price low predrill for buyers and when the drill begins to turn and its finally dawns on the market this is happening then FOMO should go through the roof.

Looking forward to further updates as they come in.

Agreed but with the caveat it does look like they have some time.

US wouldn't be allowing the below if they really believed in the short war scenario..

Asia-Pacific News

U.S. offers India a 30-day waiver for buying Russian oil as Iran war deepens energy supply worries

https://www.cnbc.com/2026/03/06/us-india-waiver-russian-oil-iran-war-energy-supply-worries-.html

Grom HEX this morning

." comes as QatarEnergy, the world's largest producer of liquefied natural gas, has declared force majeure on its liquid natural gas ("LNG") supply contracts following drone strikes on its Ras Laffan facilities. The declaration, reported by The Wall Street Journal on 4 March 2026, signals that Qatar does not intend to restart production in the near term.

Helium is primarily recovered as a by-product of processing helium-bearing natural gas, often integrated with large gas processing or LNG facilities. Disruptions to major gas processing or LNG facilities can therefore materially affect helium supply. With Qatar accounting for approximately 30% of global helium capacity, the force majeure has effectively severed the single largest node in the world's helium supply chain"

Believe it was the Qatar plant I watched on a utube war vid last few days and they were saying even when it does get to reopen it takes a while to wind up and cool the gas for transport.

Wouldn't be surprised to see supplies still low globally as GEX is drilling either.

Re their new purchase according to the proactive interview its in an area where their operating costs are less than $5/B so breaking even not to difficult then.

Thanks Troajan, decent interview imo appreciated except that they're getting so far over the $60 oil price they keep using they may have to re do all their estimates.

We both thought so lol so it must be good!

Can I borrow your Wow? Talk about save the best til last and their statement of intent for next leg reads well too imo.

Mark Burnett, Strategic Minerals Executive Director, said:

"Throughout the past 12 months, whilst the Shared Prosperity Fund matched grant-funded project has been underway, metal prices for tungsten, tin, and copper have shown significant upwards momentum. With tungsten prices approaching $2,000 mtu APT ($200,000 ton APT)1 following an evident structural shift in supply chains and markets, the Company views Redmoor as a strategic asset and is intent on advancing the project expeditiously.

With only the results from the metallurgical testworks outstanding, which the Company expects to further highlight the strengths of Redmoor's polymetallic SVS deposit, we are on schedule to complete the MRE and economic updates for the project by the end of Q1 2026 and move swiftly into the next phase of development."

Https://www.youtube.com/watch?v=eWlG4TuAeB8