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The latest update is out from Mining, Minerals & Metals plc ( (GB:GEX) ).
Georgina Energy PLC provided an operational update on its key projects, EP513 Hussar and EPA155 Mt Winter. For the Hussar project, a revised Environmental Impact Report is being prepared due to expanded development opportunities, though adverse weather has delayed its completion. The company remains confident in obtaining drilling approval. At the Mt Winter site, negotiations for agreements are ongoing, with a focus on finalizing the ALRA agreement and resource potential assessment. Georgina is also pursuing additional targets with high helium, hydrogen, and hydrocarbon concentrations, maintaining its focus on long-term strategic goals despite temporary delays.
More about Mining, Minerals & Metals plc
Georgina Energy PLC is an Australian company focused on the development of helium, hydrogen, and natural resources. The company is strategically positioned in the global energy market with significant onshore interests in the Officer Basin in Western Australia and the Amadeus Basin in the Northern Territory. Through its subsidiary, Westmarket O&G, Georgina Energy holds a 100% working interest in the EP513 Hussar exploration permit and aims to earn up to a 90% interest in the EPA155 Mt Winter Prospect. The company is poised to leverage the growing demand for helium and hydrogen.
YTD Price Performance: 0.0%
Average Trading Volume: 1,496,415
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.76M
For detailed information about GEX stock, go to TipRanks’ Stock Analysis page.
