Member Info for Sir_Hector

Well I’m happy to accept your and ifiknew’s assessment, I’m simply repeating what is stated in the Clear Capital report which I assume reflects the thinking of the GEX BoD. I fully anticipate a significant hike in MC on confirmation of gas in commercial quantities, it’s just when GEX sees a revenue stream is the question for me.

The Clear Capital report suggests that “production” at Hussar will be in 2032! Now what they call production is open to interpretation but I’d suggest that that is when they are anticipating an income stream. Now I’m happy to hold for dividends as I’m confident they will be substantial, but I’m not sure that’s true of all current investors.

I feel the need to be cautious with my optimism. Yes this should rise on rig confirmation and again with each subsequent positive report of progress. However, there won’t be much institutional investor interest until there is a revenue stream and that is likely years away and not just months. The initial drill may deliver great numbers but gas can’t go anywhere until all the plant and gubbins for separation and liquification are in place. That will take time and that means the traders will come back in and we’ll see the price dip and surge with the pump and dump activity we’ve had to put up with for months!

Oh and a 2,000k buy, nearly 2% of the stock only lifts the SP by a percent or so!

Bjet, if the drill had taken place in Dec ‘24 we’d likely still be on a similar timeline to success as there would remain a need to apply for the expanded scope of exploration at Hussar, plus any downstream activity on site would have been severely disrupted by the weather event. Granted, an earlier drill would have provided empirical evidence of gas flows and composition but they’d still be in the ground today.

I’m not sure what will trigger institutional investor interest. With no revenue stream GEX are not going to be paying dividends until production commences. This according to the Clear Capital Markets valuation report isn’t anticipated until 2032. Having said that, until off-take agreements are confirmed the terms of any payments will remain unknown. Given that the key to the whole operation is likely to be gas seperation, liquification and transport infrastructure, there will need to be considerable further investment in plant and that makes 2032 a not unrealistic timeframe. Anyone who thought this was a get rich quick opportunity will end up very disappointed.

A good result next Thursday will give this a bit of a lift, I doubt we’ll get to 300p by then but who knows?

Ah, good point, opened the door there then! Let’s see what the response is WHEN it happens!

Well there is something in play that’s for certain VCV, so far today trades to a total of 0.1% of the MC have resulted in the SP dropping 4%. Why?

Perhaps my line of questioning was considered inappropriate? Far too constructive for this board maybe?

So far we’ve had a steady stream of news filtering through as each step is taken. By my reckoning the next ‘milestone’ should be sometime next week. “ The Explorer Rig is appropriate in specifications to complete the drilling program and is potentially available subject to final confirmation by 25th February.” If this goes ahead (confirmation announcement) it’s a pretty clear indication that things are progressing and the scope for further conspiracy theories takes another significant hit. At some point shortly this will topple over the edge and start to run downhill gathering momentum. When that happens there will be an almighty scramble for the handful of million shares free floating.

The previous visit was predominantly in relation to the environmental and ALRA implications. Only when the permit was granted did it become appropriate to consider the site specific issues such as the well pad, access roads etc. Had this all been considered before approval it might have jeopardised the application.

The volumes being traded are minimal in reality, if legacy holders were exiting you’d be seeing many more trades.

Harlequin gambling with their $25m. I would anticipate that they think they’ll get their money back in swift order followed by a health share of the spoils. I can’t imagine they’d be fronting this for anything less.

I just don’t get the market, it just seems to have its head in the sand. “Nope, nothing happening here now or ever…….oops!” I’m sitting tight and anticipating big rewards for doing so, just a matter of a few months as you say guys!

Dai/Miker, this is the GEX doom and gloom board not HE1!

And the SP falls again!

This stock was suspended at just under 8p, so above where we are today. Since then there have been several key milestones of progress achieved. Full approval for the Hussar drill! Progress on the tie up with CP for the additional sites. Off-take agreement and forward funding of Hussar by Harlequin. Re-evaluation of data confirming increased potential gas yields. Funding secured without the need for a placement and dilution of shares. Site visit and timeline of activity to achieve Hussar re-entry in Q3’26. Basically we’ve has a constant stream of positive news as GEX inch their way forwards. So how can the market value the company below where it was in June last year?

I’ve given up trying to understand the SP. It makes little or no sense to me. GEX is grossly undervalued particularly compared to other Helium players. All the science says there is a huge reservoir of gas to be tapped and we’re looking at a re-entry not a virgin site. And yet, GEX is valued at a tenth of the company trying to extract a fart of helium from every swimming pool of water they process WTF?!

Traders and naysayers have ruled the roost for far too long, eeking out a pathetic living exploiting those with a weak grasp on their shares. 70%+ of all the GEX stock is squirrelled away and will remain that way until something gives. The MMs cannot hold this back much longer and I really don’t understand why they are clearly trying to manipulate this stock.

I do love a good conspiracy theory Dude! Did the Americans really land on the moon or were the photos just an elaborate hoax? Tragically, you won’t even be able to say “I’ll believe it when I see it” because gases are invisible! Anthony Hamilton has a vested interest as do a number of other members of the BoD. And if I were looking to blow millions on expensive travel the Gibson desert wouldn’t make my itinerary! The sign says Westmarket Oil, the wholly owned subsidiary of Georgina. Tony is pictured on the left not wearing expensive designer clothes or a fancy watch either, just a hard hat (not sure what he is expecting to fall on his head out there, and a bit of plastic won’t help if he sticks his bonce into the path of a rotor blade) and Hi-Viz. Keep banging the drum why don’t you?

The refuelling site is, I suspect, at Carnegie Station. I think you can see the airstrip in the background and the vegetation ties in with Carnegie. There’s no trees near Hussar just scrub. That also explains the presence of a truck in the photos, it’s a 3hr drive to Hussar from Carnegie which is why they took the helicopter.