About this latest escapade, At what sp was it announced, the spp. If you thought it was going to sky then buy at 3p rather than 20% of the sky, if you thought it would tank then also wait with some and buy at the tank. When do you think it was sourced , the spp and what was the sp, Well funnily enough our nomad and brokers entrance has seen great developments in the sp. Well if you get the point, do you think that all the money boys had no influence and have not all adjusted their positions for their benefits in the future, Well I don't think so as I think that they are all as in the dark as we are, what do you think?
If only we knew what the game was, you need to either be a bod or connected or an mm it seems in aims, I'm sure the nomads and brokers do ok too, II's? well if they don't get some answers then I guess they do they same, basically if any of the above were losing like we do there would be no aims.
Said exciting times ahead and its been a long haul back from 76, yep you aint kidding mate, i8ts been a long haul with 73 also, you know the one you stated this about on 11th April 2013 Production from Cambay-73 is expected to commence within two months of all Government approvals and gas sales will commence immediately thereafter. The initial gas volumes may be approximately 200 Mscf per day. In addition to the cash flow from gas sales, the production data from Cambay-73 should provide important data to support the premise of commercial production rates from the X and Y zones in the Eocene.
Acting Managing Director, Ron Miller, said, "The signing of the GSA is an important milestone for the Company as Oilex delivers production from our India assets. It also demonstrates the strong demand and excellent commercialisation opportunities for gas producers in the Cambay Basin which is ideally located in the industrialised state of Gujarat." Something confusing there too 200mscfd? sure span will explain it Anyway Long, yep, whats the long now? 2.2p 1.8p, or are we still a short time until something ocurs
reason I haven't sold today (at a disasterous 2.25p) is the thought that maybe, just maybe, there will be a resources rns out tonight to pump up the ASX SP. Otherwise people will only sell, as, however bad it is now, it will be 20% lower next week.
The more you look at it, the more it doesnt stack up why SP is where it is.Just wish I had more free cash to buy more at these prices. On the other hand ive been saying that since June and look where thats got me !
Would people who have invested in the SPP be selling their holdings now bring the vwap down to get more shares through the SPP? Seems a bit like a death spiral this way of raising money... I know its only £8ks worth of shares but that's more than some people have invested here...
It would be nice if any rewards were given linked to sp xmas to xmas, That, will sound very silly but at least you may see surges at xmas. Not to mention I would rather they get rewarded for that rather than striking deals at 3p's. Do you reckon they may get rewarded for their efforts this year also. I'd give em a hefty 20% rise lol
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