Past year: ▼ 50%(0.10c – 0.30c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
31 July 2026quarterly activities report▲ Good
June 2026 quarter: Desiree's Hensarling #1 produced 1,390 barrels net (up from 1,084) at US$87.94, versus US$60.83 prior quarter. Net revenue was about A$169,000. Namibia licence remains an application under discussion. Cash balance not shown in the extract.
2 July 2026asset acquisition disposition● NeutralMajor
Grand Gulf lodged a nomination with Utah's land trust (SITLA) for about 5,280 acres extending the Red Helium Project, following the April review; it enters SITLA's lease auction, so award is not assured. The earlier Other Business Arrangement term has ended.
5 May 2026other● Neutral
Cleansing notice for 100m unlisted options issued following a shareholder meeting result. Purpose and terms are not stated in the text. Administrative only.
30 Apr 2026quarterly activities report● Neutral
March 2026 quarter: Hensarling #1 produced 3,344 barrels gross, 1,084 net, at US$60.83, down from 1,113 net last quarter. Dry Wash assays and the Red Helium review recapped; WTI around US$100, workovers under review. Cash not shown.
21 Apr 2026drilling result● Neutral
Dry Wash rock-chip assays from 20 samples returned up to 26 ppm antimony and 6,588 ppm arsenic. The company says it is comparable to zones above ore at Antimony Canyon but does not confirm economic mineralisation; antimony values are very low.
8 Apr 2026regulatory community update▲ Good
Red Helium (83% interest) review started after helium prices more than doubled, which the company attributes to Strait of Hormuz closure and Qatar plant damage. Plans include land rationalisation, seismic review and assessing a third well; no funding or drilling decision.
12 Mar 2026half year report● Neutral
Half-year to 31 Dec 2025 loss of A$230,418, down from A$748,767. Hensarling #1 produced 2,300 barrels net. Recaps the Dry Wash acquisition, A$500,000 placement and Namibia licence still pending; no balance sheet figures shown in the extract.
9 Mar 2026production update▲ Good
Desiree field (39.65% WI) produced 3,428 barrels gross in the December 2025 quarter, earning Grand Gulf A$101,000 at about US$62-64 WTI. WTI is now US$90.90; workovers are under review and a Red Helium technical reassessment has begun amid higher helium prices.
6 Mar 2026other● Neutral
Cleansing notice confirming issue of 20m lead manager options linked to the A$500,000 placement. No terms given in the text. Administrative only.
23 Feb 2026director officer appointment● NeutralMajor
Patrick Burke, with critical minerals and ASX chair experience, appointed Non-Executive Chairman with 50m options at 0.5c expiring Feb 2029. Keith Martens resigned as chairman but stays as a consultant overseeing Red Helium.
23 Feb 2026other● Neutral
Notice covering issue of 50m unlisted options, the ones granted to new chairman Patrick Burke. Administrative cleansing notice with no new information.
17 Feb 2026capital raising announcement● NeutralMajor
Placement completed 9 Feb 2026: A$500,000 raised from 250m shares at 0.2c. A further 50m shares at 0.2c (A$50,000 equivalent) issued to advisers for facilitating the Dry Wash acquisition. Another thin, heavily dilutive raise after the 0.4c placement in 2024.
11 Feb 2026drilling result▲ Good
First field work at Dry Wash found visible stibnite in several samples from the Flagstaff Formation, with similarities to neighbouring Antimony Canyon. 20 samples await assay; visual observations are not grades and are early-stage.
3 Feb 2026other● Neutral
ASX notice that the suspension will be lifted once Grand Gulf releases its announcement on the grant of exploration rights and a capital raising. Administrative only.
3 Feb 2026asset acquisition disposition▲ GoodMajor
Secured the 8,122-acre Dry Wash Antimony Project in Utah via an option-to-lease agreement with SITLA, adjacent to AT4's Antimony Canyon. A new critical minerals direction beyond helium and oil. The 3 Feb raising is detailed separately; no drilling yet.
2 Feb 2026other● Neutral
Voluntary suspension at the company's request, pending an announcement about a grant of exploration rights and a capital raising. Trading was expected to resume by 3 February 2026 at the latest.
28 Jan 2026quarterly activities report● Neutral
December 2025 quarter: still no Namibian licence for Block 2312, with talks on work commitments continuing and Namibia's centralised oversight said to be affecting timing. Red Helium partner talks and Sage Potash 3D seismic planning continue. Directors' fees A$55,001; cash not shown.
29 Oct 2025quarterly activities report● Neutral
September 2025 quarter: still no Namibian licence for Block 2312, with talks on work commitments ongoing. Sage Potash 3D seismic planning continues, partner talks are confidential, and no deals were signed. Directors' fees were A$55,001; cash not shown.
2 Oct 2025agm notice● Neutral
Annual general meeting set for 27 November 2025, with director nominations closing 9 October 2025. Administrative notice only.
19 Sept 2025annual report● Neutral
Year to 30 June 2025 loss of A$840,468, down from A$1,815,931. Wrangel option terms: exercise costs A$150,000 cash plus 250m shares, option expiring by 11 April 2026; board is now three, with Lance gone.
19 Sept 2025other● Neutral
Corporate governance statement approved 18 September 2025, accompanying the annual report. It notes no employees and an all-male board of three. Compliance document only, with no new business information.
19 Sept 2025other● Neutral
Appendix 4G governance checklist for the year to 30 June 2025, pointing to the company website for the governance statement. Administrative filing with no substance.
30 July 2025quarterly activities report● Neutral
June 2025 quarter recaps the Namibia Block 2312 option (consideration only on licence grant; 1.1 billion barrels mean unrisked prospective resource, gross) and the non-binding Sage Potash MoU. Extract shows no new results, drilling or cash figures.
13 May 2025material agreement▲ GoodMajor
Non-binding MoU with Sage Potash to share 3D seismic costs 50/50 at Red Helium, and assess a joint helium and potash well and shared infrastructure. It follows the earlier non-binding Sage heads of agreement; no binding terms or funding yet.
12 May 2025security holder rights change● Neutral
103,333,333 quoted options (GGEO) exercisable at 8c expire 16 June 2025. The company calls them substantially out of the money, with shares at 0.3c, so they are likely to lapse unexercised (inference). No raising results.
28 Apr 2025quarterly activities report● Neutral
March 2025 quarter: Hensarling #1 produced 1,403 barrels net to Grand Gulf, steady. Cedar Point 3D seismic planning advanced and farm-out talks continue after NAPE interest; the Namibia option is recapped. No drilling; cash figures are not shown in the extract.
14 Apr 2025asset acquisition disposition▲ GoodMajor
Binding option to buy 100% of Wrangel Pty Ltd, applicant for a 70% interest in Block 2312, offshore Namibia (about 16,800 sq km). Payment is due only if the licence is granted. A prior operator reported 1.1bn barrels of mean prospective resource, so this is a new oil direction beyond helium.
10 Mar 2025half year report● Neutral
Half-year to 31 December 2024 shows a loss of A$748,767, down from A$1,346,027 a year earlier. Directors call the group sound; the extract recaps the 83% Red Helium interest, Jesse-3 permit and Lisbon offtake, with no cash figure shown.
29 Jan 2025quarterly activities report● Neutral
December 2024 quarterly reports planning for an 18 sq mile Cedar Point 3D seismic survey, ongoing farm-out talks for the Red Helium drilling, and cost cuts the company links to softer markets. Hensarling #1 produced 1,381 barrels net. No drilling yet; cash figures are not shown in the extract.
13 Dec 2024auditor change● Neutral
William Buck Audit (WA) replaces BDO Audit, which resigned with ASIC consent, only about seven months after BDO's appointment. The company cites a review of audit arrangements and commercial terms. Shareholders confirm at the next AGM.
