Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Being hammered now
Think this is going to break out this afternoon GLA https://invst.ly/xtdeg
The always know when news is incoming trades are now appearing. NT to buy , ask being raised and bigger chunks being bought. After this mornings games, it is going to be a rapid upturn this afternoon
Now NT at 0.25p.
Watch the L2 switch.
Should hit the 0.3s by early next week if not before - and that's without news. Let's see
Please sir can I have just wee more please
Someone who just bought £60k at 0.245p agrees (just popped up :)))
Having trouble getting quote while mm’s raising ask
ohwhatif.....I believe that our current SP today which gives us a market capital of £17m is woefully undervalued for the assets and opportunity we have. In my opinion we should be at a market capital of at least £30m which is a SP of 0.42p
News expected early next week and can't buy at 0.245p
Placing shares flipped. Think it's time to re-rate
Gone nt
What is a realistic SP price for OEX on good news ?
Gaining traction now , what’s not to like
Great summing up Jasper of what we have here.
Yesterday it was confirmed to certain investors, who contacted the CEO, that a Cambay update RNS will be issued early next week, with some being told Monday.
The lobbying by Oilex and the DGH to the GPCB to issue the production permit resulted in the coordination of this being put in place this week. GPCB can now break the seal, if not already, to allow production to commence as per Rolands narrative in the ShareTalk interview.
Two wells will be placed on the cyclical production (C77 & C73), both with different production characteristics. I posted detail on these the other day if anyone interested.
Initial flow rates are likely to be in line with previous data on the wells, although it is expected there will be a spurt on opening the wells up, from reservoir pressure build up.
Oilex will benefit from a new sales agreement to be announced next week, and the company have confirmed they should benefit from the increased Indian gas prices which hit the headlines this week.
Cashflow will start to flow after a 3 year stagnant period and we can expect to see variable income of between $2000 - $5000 per day from each well when on their production cycles.
This is milestone news for Oilex, that now have 100% ownership of a potential 1TCF gas and oil field. If their planned refrac programme is successful, they will be targeting upto 5mmscfd per well, which will make very positive economics, plus allow for more firmed up JV discussions to take place to deliver a full field development plan.
The market capital today bares no resemblance to the correct value based upon the above.
....said 'Monday I've got Friday on my mind'. On here it seems to be the other way round at the end of every week.
Novum as per 54m RNS and why all the ducks are now lined up for (Monday) if they wants to play that is ;o)
https://twitter.com/oldfootballprog/status/1509821534306811910/photo/1
Not sure if true or not but somebody just posted on twitter #oex
@oilexltd
Company should rns this EC granted ??
Gas production can start imminently now
Why was 38k being sold?
£38k sell from earlier just filled. Flat again now at 0.24p. Big few days coming up...
If your right good, but like 99% of posters on here and all boards I doubt you know more than a church mouse.
Have a good day
Tested & double tested ring a bell
:-)
Not a whimper on the ASX after the 12% rise on AIM last night.
Hoping the taps turning on RNS gives it a boost!
GLA
Formul
Then just send out an RNS and have done with it