Member Info for Callum28

Oilex is just like Harry Potter
Gla
Piertotum Locomotor

https://www.youtube.com/watch?v=1MK78oTKFGM

Oilex
Gentlemen we can rebuild it
Better stronger faster
Oilex will be that company
https://youtu.be/0CPJ-AbCsT8

Just having a bit of fun

https://www.youtube.com/watch?v=B4S38u-4tQE&ab_channel=CBR

"there has been an awakening have you felt it "

Lol

Gla

Yup
She's on the ball
Gla

Thanks Conger for that informed update.
Cheers

Yes
Good summary Gordon.
Over course the reduced cost of Cambay in theory compensates us more then enough.
Imo

consolidate and smash the wall
#vast
https://youtu.be/wpFo_E9Fq2k

Copper Price Can Surge to $15,000 by 2025: Goldman Sachs

Goldman Sachs, in a recent report, said it expected the price of the red metal to surge to $15,000 by 2025. According to a note titled, "Copper is the new oil," the bank believes annual demand for copper will surge 900 percent from current levels to 8.7 million tonne by 2030, reports said

For anyone new to #BZT
Heres an article on why copper prices are supporting this and further rises .

Copper prices extended their gains for the 3rd straight session and are expected to target the February 2011 high at 10190.00, according to the latest outlook by Axel Rudolph, who works at Commerzbank as a Senior FICC Technical Analyst

https://www.cnbctv18.com/market/commodities/explained-why-are-copper-prices-surging-near-10-year-level-9079161.htm

A perfect storm is driving copper prices to their highest level in a decade, and analysts said it's only a matter of time before the industrial metal surpasses its all-time highs from February 2011.

https://www.kitco.com/news/2021-04-26/Copper-prices-at-decade-highs-headed-for-all-time-highs-analysts.html

Great result for Bezant in terms of Technicals today.
Gka

COPPER WILL BE THE KING OF THE COMING COMMODITY SUPERCYCLE

So if there is increased demand for copper and prices continue to rise, for some of the larger mining companies it will be cheaper and more efficient to just buy up smaller producers at these discounted multiples, rather than investing in new mining projects that will potentially take a decade or more to yield any copper.

https://grizzle.com/copper-will-be-the-king-of-the-coming-commodity-supercycle/

Overall, copper prices have “been quite strong,” said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management.

There’s been a “shift in demand toward the digital economy and rising demand for technology to support” the work-from-home move during the pandemic, said Haworth.

“Technology, semiconductors, data centers and cellular towers all require significant copper usage,” he told MarketWatch.

Meanwhile, “we have not seen an investment in new copper supply over the past few years, which means users have been competing for the relatively scarce supplies of copper, leaving price as the arbiter of who receives this supply,” Haworth said. “Mine development is a long-term activity, leaving us with a tight market for some time.”

https://www.marketwatch.com/story/copper-prices-post-highest-finish-in-more-than-9-years-11619199870

+1.39%
Copper futures scored a third-straight weekly gain on Friday to notch their highest finish in more than nine years, with the Biden administration’s plans to improve U.S. infrastructure and growth in renewable energy feeding expectations of higher demand for the industrial metal.

only way is up

Gla

Thanks for that HUFC1908
GLA

Thanks Conger.
I'm happy to see where this one goes .
Cheers

Yup Obone
Just intrested
next few weeks will tell what market decides
GLA

Scratching my head with that latest RNS?
Not sure where SP will go TBH
we have all of Cambay field so that good as that should be worth at least $5-8 million at market rates as we got it cheap from GSPC

Howver there is a.1 billion share placement at .238 which is £2.4 million we need to pay for field.
Also this does not pay for drill as far as I can see
However share options at .476p so they expect price to go up.
Head scratcher !

Anyone care to comment ?
and enlighten me?

Gordon
If Modi and Boris agreed a resolution on Cairn would that help Oilex share price?
That's my point about the meeting it focuses the mind of politicians .
The two big issues on India and British trade are Vodafone and cairn they have to be resolved .
Gla

https://wap.business-standard.com/article/economy-policy/boris-johnson-s-india-visit-to-finalise-roadmap-2030-for-india-uk-ties-121041501294_1.html

April 25th ,April 26th and 27th are dates .

Be nice to get some news before Friday next week as we went into weekend .

I'm sure the Indian government will be aware of how the Oilex completion on Cambay would help offset the cairn debacle .

So In willing to bet they will speed it through