Latest Forum Topics /
Geo Energy Res
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Black Gold Industry Discussion
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ozone2002
Supreme |
01-Apr-2025 00:30
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Geo to emulate the same? https://amp.scmp.com/news/china/science/article/3304115/how-ai-revolution-making-chinese-coal-mine-turn-more-profits-investment-bank |
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ozone2002
Supreme |
29-Mar-2025 15:07
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Doesn' t sound too rosy https://oilprice.com/Energy/Energy-General/Chinas-Coal-Prices-Plummet.amp.html |
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tccroy
Elite |
28-Mar-2025 17:13
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Hope you wish comes true.... Nothing wrong about this
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finjungle
Veteran |
28-Mar-2025 16:48
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in the stock market theres only HOPE
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ozone2002
Supreme |
28-Mar-2025 16:41
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KGI Geo Energy Resources Ltd. (GERL SP)  - Long &ndash Entry 0.320, Target 0.360, Stop 0.300 Shares closed higher above the 5dEMA with a surge in volume. 50dEMA recently crossed the 200dEMA. MACD is positive, RSI is constructive. ![]()   |
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wehuattogether88
Supreme |
28-Mar-2025 16:31
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Ooh, now not even near 40 cents.
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easywin
Supreme |
28-Mar-2025 16:22
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Oh unimaginable. 
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yoga123
Elite |
28-Mar-2025 16:09
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Hopefully,  it is something that we are probably looking forward as long term supporters.   
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Trainner
Master |
28-Mar-2025 14:10
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Wish $1.5 to $2.5...... 😋
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FOREVERFREEDOM
Veteran |
28-Mar-2025 13:46
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Is privatisation coming? If real, $1.0 is good enough.
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Joelton
Supreme |
28-Mar-2025 13:41
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Geo Energy Increase its Effective Interest in its Largest Mining Concession, PT Triaryani, which has reserves of about 300 million tonnes and a mining life of more than 20 years
 
&bull Acquisition of an additional 15% effective interest in PT Triaryani (&ldquo TRA&rdquo ) for US$40.8 million, which is at a discount of over 12.5% as compared to the implied valuation of TRA1.
 
&bull Upon completion, Geo Energy&rsquo s effective interest in TRA will increase up to approximately 75.07%, which streamlines the ownership of TRA, enhancing its control and influence over TRA&rsquo s operations, benefiting from TRA&rsquo s financial performance without dilution, and positioning the Group for greater growth and value creation.
 
&bull To unlock the value of its TRA mining concession, Geo Energy has a clear, strategic roadmap to progressively increase TRA&rsquo s production to 25 million tonnes per annum with the Group&rsquo s integrated infrastructure that will yield substantial logistical savings for TRA&rsquo s operations..
 
Geo Energy Resources Limited (&ldquo Geo Energy&rdquo , the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) is pleased to announce that it has entered into a conditional shares sale and purchase agreement to acquire an additional 15% effective interest in TRA for US$40.8 million, which will increase its effective interest in TRA up to approximately 75.07% upon completion.
 
TRA&rsquo s producing coal mine consists of coal reserves that have low sulfur and low ash content. The high demand for this type of coal comes from domestic and international markets, particularly Asia, and commands a premium above the coal market index price.
 
Based on the Independent Qualified Person&rsquo s Report dated 16 February 2024. TRA&rsquo s producing coal mine has 2P (proved and probable) JORC reserves of 274 million tonnes as at 31 December 2023. Furthermore, the Group is planning for additional drilling and exploration of this coal mine to increase its 2P reserves to over 300 million tonnes.
 
Commenting on this latest acquisition, Mr Charles Antonny Melati, Executive Chairman & Chief Executive Officer of Geo Energy, said:
 
&ldquo The successful acquisition of GEE in 2023 marked a significant milestone for our Group, bringing a world-class energy asset, TRA, into our portfolio. It significantly expanded our coal reserves and allow us to ramp up TRA&rsquo s annual production to 25 million tonnes after the completion of our Integrated Infrastructure.
 
Given the strong fundamentals of the TRA coal mine and the growth trajectory, boosting our effective interest in TRA via this acquisition is a natural step to maximise the long-term value for our shareholders.&rdquo
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ETHunter
Master |
28-Mar-2025 13:21
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RESinvest should be well aware of all these additional stake acquisition and infrastructure usage MOU agmts before they bought at 50c.  Btw based on RPM IQPR dated 16 February 2024 (provided by GEO mgtm in Feb), the estimated value for TRA is USD1.1 billion or about S1.46b. Cal what GEO stake based on 75%.. GEO has no issue becoming the billion company. Just need a bit of patience. Dyodd.  
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Trainner
Master |
28-Mar-2025 13:20
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Minimum $1. Hopping for $2.50.
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wehuattogether88
Supreme |
28-Mar-2025 13:16
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My guess probably at above 50 to below 60 cents if Geo mgt plan on delisting.
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yoga123
Elite |
28-Mar-2025 13:15
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If Geo delist at $1,  good for us supporters. Cheers!  👍
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wehuattogether88
Supreme |
28-Mar-2025 13:13
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Might delist if Geo mgt think that it is the suitable time and at a price they think no rejection from majority of retailers. | ||||
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tccroy
Elite |
28-Mar-2025 12:51
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Impossible unless they meet our expected prices since more than 40% are owned by outside investors
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ahberngh
Elite |
28-Mar-2025 12:43
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The momentum for majors to suck the blood from local retailers is rising. They have already tasted blood. The powers that be should look into giving retailers more protection from these predators but they are quiet. About time retailers form some kind of association to fight back. Not SIAS, I never listen to SIAS, just a hopeless organization in my opinion.   |
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sweet639
Veteran |
28-Mar-2025 12:22
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Will GEO delisted from SG market?
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ozone2002
Supreme |
28-Mar-2025 10:43
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Billion dollar company in the making now 1/3 the price showhand already
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