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The big boys can have my holding for 0.25 and I’ll be gone never to return. Boredom set in
Hi Gordon
Not sure it's intresting to see though .
Intresting coal plants are getting shut down to stop air pollution
https://oilprice.com/Latest-Energy-News/World-News/India-Shuts-Coal-Power-Plants-As-Delhi-Air-Pollution-Worsens.html
Interesting. Wonder how the geology in that area of Rajasthan compares with Cambay. Gla
Might see the big boys buy us out
Even a little mention how they are our neighbours in Cambay
https://m.economictimes.com/industry/energy/oil-gas/cairn-to-partner-with-halliburton-for-raising-offshore-reserve-base-shale-exploration-in-rajasthan/articleshow/87739441.cms
Right after GOI approval. so in the coming months .....
So fairly imminent then
https://www.ogauthority.co.uk/media/2592/oga-2016-cs-timelines.doc
Could be anything from 1-6 months it seems.
It’s hoover time folks
I placed a sizeable fill order on hl earlier, but got feedback couldn’t be filled at requested price and that it would be .20 p to fill it. So clearly won’t take too much buying for us move upwards into 20s again. Atb
And if we really want to go deeper. The reason why disease will take over is because of fair breeding. In the animal kingdom, the strongest and fastest get to mate with the females. In the human world there’s people that we would even class as creatures are having kids that are also creatures…
What I find ironic is the countries that breed the most are the most inhabitable.
It’s so true though. Too many people and no way back. We’re a species that are breeding uncontrollably. The less fortunate and uneducated are breeding faster. Disease or disaster will sort it all out!
A right breeder?
Been called a right breeder (or something similar) many times. A very long time ago. Lol.
Haha love it FORD707 !
Anyone predicting the abandonment of oil and gas a time soon needs a reality. Not being rude to anyone but it ain’t gonna happen. They need to work alongside each other and people need to stop breeding!
Could be long time waiting
I also see the drop a combination of the dilution and COP26. Still have belief in Oilex and that there’s plenty of news to come and some money to be made... But also like AimingHigh I’ll probably sell a bit sooner than planned.
I think the current drop is entirely due to the news about forthcoming substantial dilution in the quarterly report, and the lack of news on GOI approval. Prior to that it was holding well in the mid 0.2's and gradually creeping up. Obviously, agree about the longer term prospects for the oil and gas industry. There has been a massive shift in public and corporate opinion in the last few years. Going green is being more and more seen as an opportunity rather than a cost. Gla.
As an investment in the Oil/Gas sector you are now buying dividends, as i can only see a general share price drop down for large players, yes you will get spikes, but the dividends will not stop. There will be some pretty good Divs % to had in this industry for pensioners looking for income for the next 15 -20+ years.
I don't get it, Oilex seem incapable of gaining and then maintaining momentum, maybe this just the oil industry with it constant political interference?
I don't think they have time on their side anymore, COP26 showed the world is turning against fossil fuels, so they need to get a wiggly on urgently as raising capital is only going to get harder for this industry.
The next spike, if we get one, and I’m out of this dog after many years of regret.
The dilution is one of my concerns
No pain no gain they say - yes, would be good I agree