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GEX Georgina Energy Plc

7.50
-0.75 (-9.09%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Georgina Energy Plc LSE:GEX London Ordinary Share GB00BSMN5L80 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.75 -9.09% 7.50 3,974,679 16:35:06
Bid Price Offer Price High Price Low Price Open Price
7.00 7.25 8.00 7.00 7.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:06 UT 5,000 7.50 GBX

Georgina Energy (GEX) Latest News (7)

Georgina Energy (GEX) Discussions and Chat

Georgina Energy Forums and Chat

Date Time Title Posts
21/12/202408:54GEORGINA ENERGY PLC new MODERATED thread1,513
20/12/202423:35GEX39
20/12/202413:13Georgina Energy2,585
15/11/202412:06Glencar Mining5,901
20/8/202413:42Georgina Energy 49

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Georgina Energy (GEX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-20 16:35:067.505,000375.00UT
2024-12-20 16:27:527.2410.07O
2024-12-20 16:23:007.2410.07O
2024-12-20 16:21:367.20115,0008,280.00O
2024-12-20 16:21:057.2350,0003,612.50O

Georgina Energy (GEX) Top Chat Posts

Top Posts
Posted at 12/12/2024 11:20 by kingston78
Judging by the small volume of trades there is little interest in this company despite several positive announcements that have also appeared in various media channels and brokers' research notes.

It is testing holders' patience. I think that it will take at least until next March before any drilling results may be known. So the time scale is longer and farther down the road, and the prediction of share price rise in reaction to news has been misconceived.

However, if the company achieves a drilling result of what and even 50% of its existing data suggests, coupled with farm in and offtake agreements, the share price will easily be 5 times the current level. On this basis, it is worth the risk and patience to invest in this company now.
Posted at 11/12/2024 13:00 by kingston78
I was right in predicting a muted or negative reaction to the share price on announcement of positive news. This is the only company that I know reacts this way. Some companies go up by 30% simply by announcing an investor presentation. Some companies go up without uttering a single word.

If it were to react like other companies the past several announcements would have propelled the share price 5 folds.

Some supporters blamed Miton for selling, depressing the share price. What is the reason now?
Posted at 11/12/2024 11:27 by purple11
Georgina Energy (GEX) confirmed that following the successful meeting in Alice Springs on 11th September between the Central Land Council and the Traditional Owners, the CLC has been formally instructed to commence negotiations regarding the grant of the Company’s selected priority area within the EPA 155 permit area, which includes the proposed Mt Winter 1 well target. GEX said the granting of the revised Mt Winter Exploration Permit with the prospect will be seen as a significant milestone and the result of hard work undertaken by the Georgina team, in particular, Mr Liddle OAM. We’re very pleased to move forward with the development of Mt Winter, fulfil the outstanding requirements and pursue our low-risk, high-reward re-entry strategy.

Comment: It remains the case that with solid newsflow such as we have been treated to today, GEX can shake off the stone throwers, and potentially stage quite a sharp turnaround both in sentiment and share price.
Posted at 02/12/2024 14:57 by sandcrab2
Powerful analysis on LSE. Seems Alpha will be unloading prior to drill results the same as Purple

“ Here’s the GEX reality. As per the RNS it’ll take them 10 days to lodge the report to DEMIRS. So if this were a normal month that would maybe be processed around the last week or so of the month, but of course it’s December and most organisations will wind down as of Friday 20th or maybe if you’re lucky Monday 23rd. So in all seriousness GEX are looking at a January drill start date and due to the New Years Festivities it’s realistically going to be no earlier than Monday 6th January.

Then, as per todays RNS, the drill will take a whopping 50 days (hopefully no delays) so by the time GEX finish it’ll be Monday 25th February, then a week for flow testing (if not a duster) so 4th March at the earliest for results.

The critical thing here is that the Alpha Fund’s 7.7% stake they got for free (see RNS stating shares were acquired for NIL CONSIDERATION) are locked in until January. And what do you think will happen?

Almost certainly Alpha will Derisk and dump all their free shares pre drill as they would be crazy to hold those shares on a 8% COS drill (I know they’re targeting 3 formations and some see this as a 33% COS, But I disagree with that logic)

Also as soon as GEX start the drill the BOD will be awarded 15,000,000 reward shares on top of 6,500,000 for the resource increase award (22% of the entire company). Ouch!

So the reality is probably a January drill start, March results and Alpha unloading their 7.7% stake in GEX in January when their lock in phase expires and a further 22% dilution through BOD reward shares. So a total of nearly 30% dilution by the end of January. ”
Posted at 30/11/2024 16:49 by kingston78
On a daily basis, some small companies jump by more than 50% on positive news (not actual drilling results, but merely announcing a plan). It is odd that investors have bought those shares, pushing up their share prices.

GEX is a different animal. It is difficult to fathom as to the exact reasons why its share price is so low.

I think that every promoter is using the same documents produced by the company's advisors on the helium projects and their potential. Sadly, so far the market is not buying the story.

No one can guarantee that there is commercial quantity of helium in the ground. We will know only after the drill results. We will have to wait until January or maybe February 2025.
Posted at 22/11/2024 09:26 by kingston78
I would suggest that Orange 11 keeps quiet on his Moderated Thread. The more he says the further the share price will fall. On the contrary, the share price will rise as market wakes up to the potential of the company (real or imagined, as no drilling has yet taken place).
Posted at 17/11/2024 11:29 by kingston78
Trading volume has recently been low with the share price drifting also lower. There is little interest despite all the hype of billions of pounds worth of resources underground that is about to be discovered in the next four months (planning, drilling once permit is obtained and analysing results. The promoter of this share has got it completely wrong so far and in regards to the share price. He should have stuck his money in a cash ISA.
Posted at 06/11/2024 15:15 by kingston78
If 9 p is cheap why are so many people selling even today at below 9 p? There maybe all kinds of reason. We are all different, but if the share price does not rise on good news, not just once but several times, the market is telling us something.

One should be open minded. We should expect the unexpected. It is like a general election when it looked like a certainty that Neil Kinnock would win the election for the Labour Party against a weak and tainted John Major conservative government, Neil Kinnock lost. His champagne was kept on ice unopened.

We can find all kinds of reasons and excuses for the low share price of GEX, especially when some learned people here keep comparing with other stocks in a similar sector. It is difficult to fathom. We will find out after the drilling results in 2025. I sincerely hope that this is not a charade.
Posted at 28/10/2024 18:36 by jungmana
A large holder was dumping shares in SEA ( formerly LBE) for over 3 months driving the share price from 24p down to 14p. They just recently cleared thanks to brilliant award of a new jv licence and the increased volume.The share price went from 14p to 38p last week.Imo PM have roughly 2 million left to clear.Let's see what happens soon when the EPA155 news lands. Will be surprised if this is not 20p+ by drilling in December
Posted at 28/10/2024 15:31 by kingston78
I knew that the share price would fall flat, crawling along until December 2024 at best, or until January 2025 when maybe the drilling results are known. This share is testing your patience.

Someone was ramping it all the time. Even the share price was crying out for him to stop.
Georgina Energy share price data is direct from the London Stock Exchange

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