focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Another balls up. Just need porky pig to go “hedahedaheda that’s all folks!”
Would have probably finished by about 6 am our time. It will just be a list of resolutions passed, presumably including authorisation to raise. Guess we'll find out Monday.
i thought the AGM was today? Where are the details?
The dispute in Cambay over the last 5+ years will be a fair of chunk of that Guod7
Based on my first Oilex purchase in february of 2008 and today's market value reflects a loss of 99.8%
Oilex at that stage were cash flow positive company producing small but significant quantities of oil and involvement in several joint ventures across the globe.
Whatever happened!!!
Whatever happened
Yes, you’re right Gordon. Fingers crossed
Hope so Espen, but if so, it will be about 77h. Just emphasises how slow progress has been with that upbeat story from 10 years ago.
Might soon be re-used! 11 years later..
Ah, when you post the link it removes the date, which was 2011-08-10. If anyone wants ro confirm it fir themselves all I did was google "Oilex cambay 76h" and it was the first thing it came up with. Atb.
Sorry guys this looks like a story from 10 years ago. Always seemed unlikely since there's been no mention of revisiting 76h, just 73h and 77h. Also since there's been no other news they would have been keen to put out an rns. Also thought we were pretty sure nothing was happening before approval.
https://www.proactiveinvestors.co.uk/companies/news/26610/oilex-completes-fracture-stimulation-of-cambay-76h-well-31759.html
Gla.
Exciting*
There’s no hype anymore, no exiting communication and very low volume. If James May was a share this would be it.
Amazing it’s not yet on Twitter mind you!
I hear you yuri, let’s anyhow be happy there is (positive) news of sorts. Not first time news are in the know. Looks there might be some tangible progress in the agm minutes hopefully released Monday?
What is striking the "finally" lol even the press are getting feed up by the inaction.
What is striking the "finally" lol even the press are getting feed up by the inaction.
Why is the media getting hold of this first before the market?!
Not sure on the date of this, it states 6hrs ago?
https://www.proactiveinvestors.com.au/companies/news/26491/longreach-oil-gas-vsa-capital-targets-us242-for-shares-26491.html
Finally, Oilex (LON:OEX) has kicked off the second stage of the fracture stimulation programme at its “proof of concept” Cambay-76H well in India following the successful completion of the first stage.
The “low risk high reward” well is testing the production potential of the Y Zone interval of the extensive Eocene reservoirs in the onshore Cambay production sharing contract (PSC).
Toptuf
Maybe so, shame as I have a chunk if change waiting to go somewhere and I thought it was going in here but the lack of info is perturbing
Zag: I wouldn't be at all surprised if neither GoI nor JV is sorted out before the 2022 AGM. By then Oilex will be no more. However, if either or both do come through then we may be off to the races. I am sufficiently underinvested (£7.5K) to be relatively sanguine but understand that others may have a much bigger stake in here and I feel genuinely sorry for them.
https://twitter.com/yuri11yuri1/status/1463844594265866245?s=21
What is there to do.
Review last Agm notes and add a progress report and after the 30 sencond pause as no progress has been made then say goi will be soon and JV will also be soon and then say see you at the next AGM
Lol
Most likely just be Joe and Mark on their own lol.
I assume most here are uk based, but anyone going to attend in person tomorrow?