Member Info for shafaq

Nice holding 👏👏

I hold just under a million and know few who are well over that.

EXCELLENT 🤩🤩🤩

I've seen many 20dma crossing over 50dms.

One notable was HE1 4.5p and when this occured it never stopped till 28p.

Boil was another from 0.06 to 0.25p

Panr from circa 30p to £1.40

There were plenty of others who never looked back GGP of all people.

Let's hope Gex can replicate this too as we are now in the window.

Funny to see that tweet with a ROCKET from gex

🤩🤩🤩

Volume now 8m

We had 50 odd million on monday

13.5m Tuesday.

So well in access of 70m and almost 3 times of 20m+ 5m.

That's what's needed at the moment so that we continue churn through heavily more so than seeing blue as that will come but we need to clear overhang as rap7dly as possible.

Just wait when they say site is complete and ready to mobilise rig.

That's when those who sold at 6p and some still dicking around a tick to buy in a potential $100b resourse and fomo has already kicked in and we are at 10/15p and have 2 weeks till rig arrives.

What do u do then against NT to buy?

Just the thought of drilling a $120b resourse potential is massive and you have numpties trading it at 6p and worrying about a small tick down or a small placing and selling up.

Buy and hold for gold

Yes that was what I was referring to m22c ifik, he mentioned that £25m will need to be paid back to harlequins through production, but I said Hussar will only cost £5m and if they start producing from Hussar then it's only £5m and not £25m and although the funding is £25m they will have to spend that much to claw back every penny.

If Hussar is costing say arguments sake only 5 to £7m and mt winter say £5m then it's only what they spend.

But m22c was mentioning £25m rightly so as the funding was £25m and he used the full funding but that may not be the case and they may end up spending only £15m.

But all is well as to using full £25m or lesser £15m but we have no idea of how this is structured on production and repayment as this is not confirmed in writing, so our opinions differ.

But again maybe someone from Harlequins is from nasa or spacex 🤣🤣🤣

I thought nasa was the biggest company in the world 🤣🤣🤣

Until spacex starts listing at mind boggling $3T 🤩🤩🤩

Mind boggles IFIK if there is a helium strike at Hussar but to say there is also he3 then do we really need to worry about how far our cash free is, we probably have the biggest companies in the world taking us over before we can even take the stuff out the ground.

Mt winter although very well known for he3 content than hussar and I think that's the biggie many might be waiting for as that alone could catapult us much higher on license news.

M22c

Say for arguments sake every penny goes to Harlequins from Hussar but you say $25m but Hussar has only cost harlequins say $5m as permitting, environments, etc gex paid.

So it's only $5/7m why do u use $25m when we havent even drilled mt winter and whatever else was to be spent on after the collapsed CTP deal.

So hitting loads of helium you're saying our free cash is 2 years away.

I'd rather take helium strike than worry about what we owe harlequins and our cash going forward.

I think we would get bought out quicker than we reach cash free.

It's not a debt that they need to pay at once but it is a structured offtake between both parties.

If a unit is costing $100 then it possibly will be split up 50/50 or 60/40 to harlequins.

Why not contact the company to find out.

No one can survive those terms if every penny went to harlequins.

If u got a specific news where it says that every penny will go to harlequins then show it as there is none.

Gex is structured to make money from first drop of gas that comes out from wellhead.

It's a shared production model not a loan from anyone to pay it back first before they see free cash.

Gex sells the Raw gas to harlequins at a locked price so they get immediate cash flow from day one.

It was just so funny that people were selling in at the bottom yesterday 5p 🤣🤣🤣

Without realising that an INSTITUTION picked up £1M worth of stock at that price.

🤣🤣🤣🤣🤣

You get all sorts on these boards who think they know it all.

F1

The £2.5m is not at 5p but at 5 day average weighted price.

So if and when they withdraw cash only 5 dvw price comes in.

If our average 5day price is 7p then that's what they get not 5p, or 9p 5 day average then that's what they get.

We have more money, only another 18m shares on debt to convert and cos we had 58m vol yesterday they convert 5.8m.

We have hit almost 66m volume since yesterday so far.

We still have site pics to come

Mt winter

Service providers to be conteacted

Well heads ordered

Pad constructed

Rig mobilised

And we are still circa 6 to 8 weeks away and fomo still to come.

Hold tight as there is so much yet still to come and we have time on our side.

Although many criticsice the bod but I think they are playing it right and having that extra £3.5m on hand and playing with plenty of time on hand to hit those catalysts.

It's only the traders and cheap opportunists that are complaining.

Although its disappointing when we see placings but it's the necessity for gex and this juncture.

Good thing is our drill is still maybe 6 to 8 weeks away that is plenty of time for momentum to pick up considerably post any placing or loan conversions.

With almost £3.3m in hand and further £500k to come if those conversions are taken.

With site visit possibly end of june, and if ready then its mobilisation maybe another 2/3 weeks for that to get to site and rigging up a further week.

So the earliest we could be drilling is end july/ early August.

With £3.3/3.8m in the bank also gives us that confidence that 5p is the bottom and we still have a cushion of circa 6 weeks to build the sp and build that momentum towards Hussar at todays price.

And if yours are all paid for and you're not trading or chasing then you can hold with confidence as what's coming after will only get better.

I've held for 2 years with one goal Hussar and mt winter drills.

Lots of moaning by moaned.

We raised £1m at 2.7p, we raised £736k at 5p and today we raised another £1m at 5p.

Yes Harlequins will be doing all the heavy lifting to fund Hussar.

But just say we get mt winter this week or next who is gonna fund the environment assessments, permit applications and admins?

Gex.

So when they say there is conspiracy here or they couldve raised higher yes true but only if the finder is prepared to pay higher especially when one got it 100% lower.

We are still some 6 to 8 weeks away or maybe more till we start drill and getting a raise here is not bad as it's out of the way for now and possibly almost churned already.

Time to build again but a junior will always keep an eye on their bank account as there is always a risk even 5% is too risky even in the eyes of the company that the drill may not go according to how we or the management see it as they can hit dry well.

So they need to makesure that the drill is a success and they have enough for other projects and when an opp comes they will take it with both hands as this is their bread and butter till Hussar starts chucking out those notes.

Dont feel let down as we were only at 6.20 on friday.

GLA

Lots of complaints of momentum lost? Try holding for 2 years like some of us have done.

If you're only here for a day or 2 then you deserve everything the company has done today, try paying for the stock and you wont need worrying about momentum as that will definately build again and more.

3m volume in first hour.

Carry on like this and it builds ip steam rapidly as they will struggle to hold it back with no shares.