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Mining, Minerals & Metals plc ( (GB:GEX) ) has issued an announcement.
Georgina Energy Plc announced a significant milestone in its EPA 155 Mt Winter project, with the Central Land Council approving negotiations for the grant of the company’s selected priority area. This move, pending formal approvals, sets Georgina on track to advance its Mt Winter site to the pre-drill stage, fulfilling strategic objectives and potentially enhancing its industry positioning by reinforcing its low-risk, high-reward exploration strategy.
More about Mining, Minerals & Metals plc
Georgina Energy Plc is striving to establish itself as a prominent player in the global energy market, particularly focusing on producing helium and hydrogen. Through its wholly owned subsidiary, Westmarket Oil & Gas, Georgina holds significant interests in two principal onshore projects in Australia, including the Hussar Prospect in Western Australia and the EPA155 Mt Winter Prospect in the Northern Territory, where it aims to earn a substantial stake.
YTD Price Performance: -55.13%
Average Trading Volume: 1,599,922
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £8.49M
Find detailed analytics on GEX stock on TipRanks’ Stock Analysis page.
