The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Based on what happened in July I haven't a clue Mark. You may have noticed that I am usually pessimistic about Oilex. However even I, when the Kampar news dropped thought we would see a decent uplift. Instead there was zero reaction and a gradual drift down since. That obviously means there is a consensus view that in the short to medium term this isn't a game changer. Of course the consensus could be wrong. Let's hope so.
Like everything with Oilex there is always the ever present phrase "subject to finance". Atb.
Thanks for pointing it out I missed that. So waiting on the official stamp RNS from GoI? Do you think that would put the SP on upward trajectory been on a dowh hill for a while. I've been adding when I can hope to pick up a few more.
No administratively complete is not new, they said the same on 27th July. They've also been saying plans for drilling two Wells on Cambay are well advanced every quarter since September 2018.
https://www.sharesmagazine.co.uk/news/market/7018595/West-Kampar-Update
Still agree was broadly a positive update however.. we know nothing is done quickly in this game
Sorry I thought administratively complete was new?
Yes, but that happened in July.. soon time for further update?
Surely this is positive too "declared administratively complete and have recorded it as a proposal for a Direct Offer through a Joint Study as stipulated in ESDM Regulation No. 35 of 2008."
Well here another positive armour share are 4.1c
Gla
Thanks Callum for a positive spin as to where this company is heading ,
as a 4 year long term holder ,we have had our ups and downs more downs recently ,
I am still optimistic we will pull this round.
glah
PJ