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will cost around $12 million, in the mean time and following throughout that drill there are lucratively paid directors, staff etc etc.
if you are in for a quick buck here, rely on a spike if oilex actually get favourable outcome from arbitration and get out quick as then its funding time unless they sell any stake that is awarded from gspc. if not lots of dilution, dilution before a rig even arrives at cambay
I don't know if you've noticed but it is early 2019. it would take (as in previous years) a very very long time to tender and accept contract, (funding etc etc) the all rig and gear to be coolated, shipped and get through inspection, delivered to site and assembled. then commence. that process last time took about 10 months prior to them starting and with much further dilution of shares. don't want to appear negative but I've been here for many many years.
why? because due to the fact that every sophisticated (lol) investor will already have reaped and stuffed the non sophisticated as in most aims. whenever its wanted (as arranged) .7P a share which would be basically be 316million and not equal past costs of 77h and pipeline, one years salaries and overheads, plans etc to do it. and the sophisticated would get 3x their average, POSIIBLE SHARE OPTIONS TO AGREE. and hey ho.
Your last post is a post that says it all and leads to many serious question's. as the debt is peanuts to them, so why?
1/ not just pay it, dont say cant afford it as arbitration, directors salaries etc , courts and lawyers will probably cost double the debt whilst oilex have heavily diluted for peanuts to keep going...….why?
2/ why not just keep investing that money in the future of the company rather than courts and juristriction lawyers etc.
3/.whilst the mcap is what £8.6m now, why is that? its due to the fact there are so many shares in issue,,,.why?
Cant believe you are still here, I think it was you I had a little dig at over your ramping and research and then selling some to go to Disney. I remember apologizing as you were honest (was that you) and the we started disguising Disney and I actually congratulated you in the end at taking out, 4p I think if I remember …. bloddy hell give me that chance now lol. are you still holding or have bought back in a tenth or 20th of what you sold for. Nice to see you.
Since last we spoke my life has gone to the dogs, not due to this but due to the person I married 17 years ago.
oil prices, gas prices, brewing etc
has anyone got up to date info of sales from our 73h and 77h productive wells that actually oustripped demand from the local grid, and from all the workovers too they must be adding ey lol.
and bhandut, or is that all just water now lol.
somethings brewing? yes its been brewing for years, its called a money go round venture for directors , brokers, financers of both , mms and the sophistaced (with knowledge) investors lol GLA i'm still waiting but i have gone greyer and balder, got a lot older since i purchased these , its been years in at 3p in at 4p up to 12p bought at 1. something p too i think, but its a funny old wait. if i wait for my money back i think i'll be older than slimjim lol
And the heard of rampers did a great job. .36p weren't all that bad for us holding from pennies and seeing it sub .2 of a penny. But some got roasted on the pump and dumps and that is the only way these type of companies can guarantee funding. And remember they cant do it alone, they need brokers too. Imagine funders lose in aims like the pi's do, there would be no aims, be no mm,s and no brokers ( do they ever lose?), that's the circle of tight lipped fruition or there would be no more money for the already rich
Lets hope you are right, but where will it be with no deal or no news or more funds deal in the coming months (some arbitration actually runs years with ramping of a deal).
Align said it should be what price with the news we had. Mate they also knew a raise was on, they are used by oex, look at statements made by md.
What did it peak at? what did align forecast on the news we actually had. and where has it already dropped (been played for wealth of the sophisticated lol) since the news followed by no news. Same old story?
Explain to peeps that the circle. Directors, Brokers, MM,s and especially the financer, Know about the deal an age before they do, it is being done with agreement guarantees so that they win and can never lose, otherwise their would be no financer in aims, no brokers, no aims, and no companies, no revenue , jobs etc etc.
Also Most importantly try to explain why they are all rich even if an aim stock goes bust.
Where did the money truly come from. Operating profits ? lol
Thank you. Please keep trying to get facts like that across for those that don't understand it and will lose so much like I did when I didn't understand how they got my money.
You got the news that we are privilidged to today.
And that is the reason it was pumped up to .54 on no news and then back down
Financing is not done overnight, so why are we not told (as all the others) that it is afoot.
Lets put it this way too. Would you take that sort of holding without circular guarantee
oh Look lol they lost Money already, not on your bloody life. That's the aim legally allowed carp.
What all the pumps and dumps were about. Cant have financers lose. Lots of prearranged (as per) or do you think brokers, mms, and the BU**s**t circles only got wind of this today as we did.
Its like legalized embezzlement
Sadly, no losers means no rich circles ,,,,or in fact an aim market lol
Are we set for the next pump and dump or do they need to fleece some more is the big question?
If only there were laws governing all this and it was a supply on demand basis and one with legislative governance endorsed.
Great lining?
Whatever the answer, for people to make money in any connection with aim shares, somebody has to fund that profit NO?
or does money just appear with nobody paying or losing it?
Just out of interest, whats your opinion of how align and Zach become rich entities.
Are they funded by the companies?
Are they funded by losses? lol
Or are they funded by trading?
Or are they funded by those they assist?
All other answers on a postcard please
www.alignresearch.co.uk/oilex/zak-mir-interviews-joe-salomon-oilex/
Recognised chart reader pro lol, have this at 1p heading towards 3p lol