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Oilex Share Chat (OEX)



Share Price: 3.125Bid: 3.00Ask: 3.25Change: 0.125 (+4.17%)Riser - Oilex
Spread: 0.25Spread as %: 8.33%Open: 3.00High: 3.125Low: 2.875Yesterday’s Close: 3.00


Share Discussion for Oilex (OEX)


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mike29
Posts: 1,090
Off Topic
Opinion:No Opinion
Price:3.88
Re I'm out
27 Mar '15
Alan, your choice mate, I can understand your reasons. But this time I do think the rise will continue, and things could work out for oilex. After all we can't accuse them of not trying. As for the hyping, it is only a few posters on here coming out with silly daily price targets, can't take them seriously. Good luck.
 
AlanG
Posts: 847
Observation
Opinion:No Opinion
Price:3.88
View Thread (2)
I'm Out
27 Mar '15
Good Luck to All investors but I am out with a small profit which I must admit I never thought possible I am not getting carried away with all the hype but sure hope I am wrong and it continues to rise fir all long term investors .
It's just that I have seen false dawns before with Oilex .
Wishing All Investors The Very Best Of Luck .
Have a Good Weekend.
Keep Smilling
jollygoodya
Posts: 1,221
Off Topic
Opinion:No Opinion
Price:3.88
adamsrups
27 Mar '15
Ty. Just got into this today. Everyone has a start point somewhere. Been looking at the reports. Have seen the historical "exploitation costs". However in light of todays RNS, was wondering quantum of additional costs as opposed to those sunk. Good thing is that this is revenue generating, but to what extent at the moment in relation to costs? This is the question for me (maybe obvious to some but not to me at the moment). TY in advance.
guod7
Posts: 613
Off Topic
Opinion:No Opinion
Price:4.00
re:wow
27 Mar '15
I'm already visualising my vintage Austin Healy with "Oilex" plates.
adamsrups
Posts: 6,009
Off Topic
Opinion:No Opinion
Price:3.88
jolly
27 Mar '15
The forecast for expenditure are all in last figures. Capex hmm. how much will 2 high performance wells and 2 contingent cost. have you been reading this board or have you just popped in on a luvly jubly oilex week.
There are many ways to raise this money for drills, but at the mo we have production facilities to put in place to get the group as a whole cash neutral and in india in a profitable situation. Cash burn is basically what the bods decide as they spend time in india from Australia have numerous advisors etc etc. But if they say cash positive in india, maybe we don't need advisory fees and additional salary for additional term as we have them all employed by oilex.
jollygoodya
Posts: 1,221
Off Topic
Opinion:No Opinion
Price:3.88
cashburn
27 Mar '15
Does anyone know what the cashburn is on this?
Looking at figures at interim Dec 14.
Cash depletion was 2m, however receivables went up by almost 3m so cash was tied up a little but offset by a 1m spike in unpaid creditors. So come back on a rough calc to explain 2m. What is capex forecast at?
haddy68
Posts: 727
Observation
Opinion:No Opinion
Price:3.88
wow
27 Mar '15
What a lovely surprise, just looked in for first time today, quality rise and very upbeat. Congrats to me and all long termers.
stew200
Posts: 2,543
Off Topic
Opinion:Strong Buy
Price:3.88
Massive buy
27 Mar '15
to close with. Oilex will rocket next week
jollygoodya
Posts: 1,221
Off Topic
Opinion:No Opinion
Price:3.88
Too many sparks
27 Mar '15
on other shares have taken some of the thunder away. Fitbug came out of the blue as an example. Does no detract from the RNS today. A good one to look at. DYOR.
spudulika
Posts: 1,471
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:3.88
View Thread (2)
RE: hands up who remembers
27 Mar '15
Lovely.. must have been when Magna were active?





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