Georgina Energy Share Discussion Threads

[bad gateway] 23/8/2024 14:06

and another one. Seem to find these quite compelling reading after turning up the oil shows at Hussar-1 links.


RESEARCH ARTICLE

THE GEOLOGY AND HYDROCARBON POTENTIAL OF THE NORTH-WESTERN OFFICER BASIN
Bruce J. Phillips, Alan W. James and Graeme M. Philip

The APPEA Journal 25(1) 52 - 61
Published: 1985

Abstract

Recent petroleum exploration in EP 186 and EP 187 in the north-western Officer Basin has greatly increased knowledge of the regional stratigraphy, structure and petroleum prospectivity of the region. This exploration programme has involved the drilling of two deep stratigraphic wells (Dragoon 1 and Hussar 1) and the acquisition of 1438 km of seismic data. Integration of regional gravity and aeromagnetic data with regional seismic and well data reveals that the Gibson Sub-basin primarily contains a Proterozoic evaporitic sequence. In contrast, the Herbert Sub-basin contains a Late Proterozoic to Cambrian clastic and carbonate sequence above the evaporites. This sequence, which was intersected in Hussar 1, is identified as the primary exploration target in the Western Officer Basin. The sequence contains excellent reservoir and seal rocks in association with mature source rocks. Major structuring of the basin has also been caused by compressive movements associated with the Alice Springs Orogeny. The northwestern Officer Basin thus has all of the ingredients for the discovery of commercial hydrocarbons.



Really looking forward to seeing what they find when they deepen the well.

[clem h fandango] 23/8/2024 13:15

Oh dear.Downwards spiral.

[purple11] 23/8/2024 13:15

damn 25k block seller killing this. creating a good opportunity for buying though i guess.

o well,im off for a skinny dip ad g and t on the lounger

AdioS!

[clem h fandango] 23/8/2024 12:48

Oh dear Looks like the usual suspects are losing again.They are sooooo bad at this.

[kingston78] 23/8/2024 12:29

Dear fellow investors, There are only a few sectors where we could all make a decent amount of money quickly:
1) technology (a new invention);
2) pharmaceutical (a new drug);and
3) mining and natural resources (a significant new find)

Other sectors will be pedestrian by comparison.

There are risks of course. But the higher the risk the bigger the returns. Spread your money in a few of the big potentials, and if only one of them hits the jackpot you will be in money.

[z1co] 23/8/2024 12:12

The shares are way oversold and will keep adding.

[purple11] 23/8/2024 12:02

the anticipated completion date for permitting is the end of August.

[kingston78] 23/8/2024 11:49

According to one of the slides in the presentation only 40 million shares (44% of the current share capital) are not subject to a lock-in period. Some new buyers would have sold, but generally speaking, some or all of the 40 million shares would have been exhausted already.

Any new buying pressure will push up the share price substantially because MMs will lack stock. Helium is the new fad, so if and when words spread about GEX's potential more investors will flock in.

[sunnyjim88] 23/8/2024 11:36

Got in with another 10k. Upto 130k now, buy when others are fearful and its true u dont buy when everyones buying you buy when theyre all selling then wait and you sell when they are buying.

Basically do the opposite of your emotions lol

[purple11] 23/8/2024 11:34

NICE 110K @11.699 buy someone getting in on weakness

1choip permits always have to be applied for and take time.its is all completely normal and on track to drill in xmas.if you knew ANYTHING about anything youd know this.its just procedure.

whats the point of your post?are you a holder?

[1choip] 23/8/2024 11:21

still without permit?

[sunnyjim88] 23/8/2024 09:38

We wont go anywhere u til background seller is gone, prob downtrend for awile until volume picks up. Love the RNS's getting churned out tho

[batiatus] 23/8/2024 09:26

All the information was there when the share price stood at the 18p level

It's about time the share price get back up there

[kingston78] 23/8/2024 09:02

The CFO says that this is not an exploration project; this is an engineering project. In other words, the company is confident that there is helium and hydrogen in the ground, as per old data where well had been drilled.

The CEO and CFO are confident and well versed with the projects. They look decent guys. Their interests are aligned with other shareholders' interest. They will get "reward shares" when certain milestones have been reached. 50% of their current shareholding is locked in for 12 months and the other 50% locked in for 24 months. They are there to see through the projects to a successful outcome, not just for them personally but for for every shareholder. They are committed and they want to prove a point. This is a mission five years in the making before coming to the market.

Words will spread about GEX. Get in on the ground floor. If what they say becomes true, GEX will be one of the top 4 world producer in the world. £ 1 a share would still be cheaper than HE1's current market cap, let alone at 12 p a share.

[purple11] 23/8/2024 08:35

ive gone in heavier than usual too.im absolutely convinced at spud this will be 20-40p

ill be holding a hefty position until june 25 but will trade and derisk at spud or before .

[jungmana] 23/8/2024 08:33

Have done the same here with about 20% of my pot allocated to gex as of this week.Imo a huge opportunity here at 12p similar to he1 when it was about 0.20p

[kingston78] 23/8/2024 08:28

Brokers were recommending HE1 before GEX came to the market. HE1 is capitalised at £108 million. How does it compare with GEX when potentially GEX has much more helium, hydrogen and maybe other resources?

It is true that nothing is proven or guaranteed, but that is the nature of mining. It is a balance of probability, risk and reward.

You need to be in it to win it. I have continued to accumulate almost daily, and have built up a sizable position.

[clem h fandango] 23/8/2024 08:24

Is this still trading?Not for long though eh?

[burtond1] 23/8/2024 08:18

New #GEX Presentation worth a look...https://wp-georgina-energy-2023.s3.eu-west-2.amazonaws.com/media/2024/08/Georgina-Energy-Presentation-for-SparkLive-20Aug24vFF.pdf

[purple11] 23/8/2024 08:14

Junga totally agree mate, the figures are actually very conservative on valuation as Oak Securities used Helium @$337.50 per mcf when the market is averaging $500+.

If we add MT Winter the combined total is 303 bcf of Helium (Net Recoverable) with a valuation of $100bn.

Helium prices are on the up with NASA striking a deal and being prepared to pay $900 fixed contract, and that was in 2018! The last container of Helium shipped to Australia was priced at $1,200 per mcf.

So let the short term fluctuations go ahead with the traders because it will be short lived.

I am extremely impressed with the rate at which Anthony Hamilton is pushing out news releases to keep genuine shareholders informed. It may well be in part due to the fact that he and CFO Mark Wallace have put in £2.5m of their own money but I will take that!

A mere whiff of helium in the Dec drill and we will be at the foot of an upward curve, a very steep one.

atb mate.

[purple11] 23/8/2024 08:07

there own you tube channel....brilliant! i think theyre doing a wonderful job with their PR. great effort and v savvy.

[purple11] 23/8/2024 08:06

you have to remember this stock has only been trading for @2 weeks. noone knows about it.

thats why the company are promoting it. gl