Member Info for Sir_Hector

They might not have experience of developing a helium company but you only get experience by actually doing something and we all have to start somewhere. They have managed to find and buy a couple of very significant prospects. Commissioned surveys to establish their potential. Started a listed company and raised enough working capital to get to drill mobilisation. They’ve also managed to persuade the Australian government and many associated departments to issue them a licence to drill. That all seems remarkably lucky for a couple of novices!

Oh give it a rest Newbie, stop trotting out the same old twaddle. I’ve just looked at your postings here and they’re all the same, nothing new and a slightly unhealthy obsession with posh cars and house extensions.

Can I just point out that the numbers have turned blue for once and that I’d like it to stay that way. If you think the BoD are ignorant idiots taking us all for a ride fine, just keep it to yourself for once. You can feel smug if you think it will help, just resist the temptation to post on here please.

Just when there was some nice positive chat developing on this board too.

I’m in with every penny I can muster, I’ve been in here too long to give up now!

Yeah, the Mt Winter prospect is lurking in the shadow of Hussar but is possibly making ground in terms of progress. That will be needing funds too! I suspect you’re right Shafaq and there is more to come shortly. With every news release we take another step forward as more potential risks/hurdles are overcome. There must come a point soon when the MMs cannot suppress the Sp any longer. Granted the BoD seem to fe ‘knife and forking’ their way through this but they are making progress, all be it slow but steady, and while we can’t quite fathom their financing strategy, it does seem they are getting there.

True, why would they sell them.

I would expect they’ll be cleared in no time. Lots of buyers all of a sudden and no free float

Well I’m sitting tight, buckled in for lift-off

Really? I’d steer well clear were I you then.

True, but how do we get from 140m shares and an MC of £6m when the market keeps suppressing the SP. At some point, the potential asset value will become realisable and what then? Can it go from £6m to £6bn overnight?! And that still leaves another x10 to go!

Just been browsing news/comment and found this from Zac Mir:-

Georgina Energy (GEX) said further to the Company’s announcement of 30 October 2025, concerning the receipt of formal approval from the Western Australian Department of Mining, Petroleum and Explorationto drill the Hussar Prospect in EP513. The drilling approval allows Georgina Energy via its 100% wholly owned subsidiary, Westmarket Oil and Gas Pty Ltd, to extract Helium, Hydrogen and Natural Gas from the Hussar Prospect. GEX said “The Company can now proceed to extract Helium, Hydrogen and Natural Gas from the Hussar Prospect, one of the largest un-tested structures onshore in Australia.”

Comment: It is interesting to see the contrast between the strong newsflow that GEX is delivering and the way that on such news rallies to date in the stock are still slapped down by the powers that be. One wonders how long such a state of affairs will continue?

That all sounds very plausible Casper. We’re back down at 5p which seems to be a safe bottom that the de-rampers can’t break. If the permit news could only prompt a small blip on SP and a mad flurry of activity, then there’s not a great deal worth saying with regard to minor further developments. The market seems obsessed with where the money is coming from so if a deal is struck that sorts funding I can see this finally breaking out of the doldrums. For now best sit tight. It should only take a matter of weeks to get to a deal given the scale of the opportunity.

Yesterday was the second day of high trading within about a week. On both occasions the volume hit 28M trades and yet the SP has remained within a couple of points of 5p. Can anyone explain to me what is going on? Spates of massive churn and very little to show for it.

Well a thoroughly bonkers day. Will see how this plays out tomorrow. Hoping to see a follow-up RNS providing a plan and timeline for the drill, up-date on off-take discussions, news on Mt Winter progress (possibly), and some kind of statement around funding for the drill to shut up those saying they have to raise because they don’t have enough working capital to refill the office stapler.

Well I’m sitting tight. I’m a little overloaded having failed to resist buying more in the day or two we waited for the RNA. I got quite excited earlier when my holding went briefly into the black before turning red again. I’m in no rush, I fully expect to see this take off at some point, I just don’t quite get the capricious nature of the market sometimes. As you say, there’s always something going on that is invisible to us amateurs

I’m clearly a numpty because I simply cannot fathom what is going on here. Huge volume of trading and the price slithers back to par after the single biggest piece of positive news to date! It went to 10p not so long back on bugger all!

Airport? Villages? Roads? WTF. We’re talking the outback here! It’s all just dirt that needs a bit of shifting and grading flat. Airstrip, a few portacabins and done for the exploratory drill.

Good question!

I see that trading has gone through the roof with the news today but that most are small trades of a few £k and no more. Clearly not enough shares available for a big buyer so the traders are faffing about for a few fractions of a penny gain.

And staggeringly I’ve just managed to buy 25k more at 6p