Member Info for Callum28

An offer of new shares usually at a discount to existing shareholders on a pre-emptive basis, similar to a rights issue. If any shareholder declines his minimal entitlement, the excess shares are allocated to those applying for shares in excess of their minimum entitlements. ...

An open offer
If you have share pre ex enrolment date you can get them to buy at 2.10p

Gordon's right there's all sort of predictions here on price .
My best advice is to set a target u are comfortable with based on research.
I do think that with a positive funding news .37 is next target technically .
If we break that then u get as the name implies a breakout and then who knows ?
Gla

Sorry here the link to the FT today

https://www.ft.com/content/f87ce114-f437-4c3f-bb73-fa38ca78146b

It's behind a paywall

GlA

Hi Vacation
Here the latest on the oil price from the Financial times today .
As I said there is a commodities supercycle predicted and oil will hit 100 in next year .

Oil ‘supercycle’ predictions divide veteran traders
Bullish Wall St banks expect crude to rise as high as $100 as world economy rebounds
Here the article just posted today
rb.gy/tkzvyc
No other international company except BP has access to India which as I have just posted is set to witness the biggest increase in energy demand and no peak oil till 2040

#OEX oilex
Latest
The IEA said India is set to witness the biggest increase in energy demand in the world over the next two decades, with the potential for oil consumption rising as much as 4 million b/d to 8.7 million b/d by 2040
http://rb.gy/l7pen7

In term of Cambay I'm sure you can all work out what it means if Oil hit $100

That why funding for this is a no brainer

As I've said in the past Oilex

#oex #oilex #
If oilex get the funding then the next well won't be a wildcat.

They know where the reserves are
https://financialexpress.com/industry/oilex-cambay-block-has-377-bcf-of-gas-17-3-m-barrels-of-oil/64372/

And they know how to get it out now
https://www.sharecast.com/amp/news/aim-bulletin/oilex-unveils-favourable-fracking-analysis-for-cambay--2827749.html

Natural gas India is Targeted at $12 mbtu in the future

But the path toward a "gas-based economy" may be complicated by consumers' price sensitivity, especially given the complex patchwork of additional charges and tariffs that turned the average wholesale gas cost of $6/mn Btu in 2019 into an estimated consumer price of $12/mn Btu,
https://www.argusmedia.com/en/news/2185196-indian-gas-demand-to-soar-but-challenges-ahead-iea

I would advise all to do there own research but have a look through my tweets
If it helps
Nameless 2870394
@2870394
Someone else can do the no's at 90 % discount and oil at £100 and Natural gas at $12
https://m.marketscreener.com/quote/stock/OILEX-LTD-10353568/news/OILEX-Cambay-Field-ndash-Reserves-and-Contingent-Resources-20199765/

GLA

Nameless 2870394
@2870394
·
5s
#OEX oilex
Latest
The IEA said India is set to witness the biggest increase in energy demand in the world over the next two decades, with the potential for oil consumption rising as much as 4 million b/d to 8.7 million b/d by 2040
http://rb.gy/l7pen7

Nameless 2870394
@2870394
·
5s
#OEX oilex
Latest
The IEA said India is set to witness the biggest increase in energy demand in the world over the next two decades, with the potential for oil consumption rising as much as 4 million b/d to 8.7 million b/d by 2040
http://rb.gy/l7pen7

Virus on its way out: Everyone to attend office
Feb 15: For the Indian government, the virus seems to be on its way out.
8Everyone has been told to attend office, without exception.
8All public sector officers will concurrently have full attendance, we have been told.

Sorry here's the right links

https://t.co/i8AMPAy3j8?amp=1

https://www.sharecast.com/amp/news/aim-bulletin/oilex-unveils-favourable-fracking-analysis-for-cambay--2827749.html

Just had a look at the No's of your Conger and I agree this has been held back.
I think if we get the right finance then it's game on

We know where the oil and gas is and we are confident on getting it out
#oex #oilex #If oilex get the funding then the next well won't be a wildcat.They know where the reserves arehttps://t.co/i8AMPAy3j8And they know how to get it out nowhttps://t.co/SSva5ktQdw— Nameless 2870394 (@2870394) January 10, 2021

Here's a good site to keep an eye on oilex prices

https://hotcopper.com.au/asx/oex/

Rim It manages $90.83 million

Or Th investments are on the shareholder list and they have plenty of Money too.

Strong backers behind this

OEX oilex
Republic investment management
Is my bet as Oilex funders as they already have skin in the game.
Just my guess !
http://rb.gy/ygttnj

That's just amazing !
Very humble today .
Gla

Thanks for the info Conger .
Cheers

Ill have to see whats down the back of the sofa ;)

India to be largest source of energy demand growth to 2040: IEA http://toi.in/rm96RZ/a24gj via
@timesofindia

#oex

Sorry that meant to stay market comes to a decsion ??

It's intresting that 1 technical signals website is showing the chart as a bull
But another site is a sell on Mars
Think I'll wait on the sidelines till thearmet comes to a reasonable decision
Gka

Span
Nice to see you again
We chatted /Sparred about oilex years ago on this very board.
I think I was right and you were wrong about the Price going up
And when it went up to 12 p I think you were right and I was wrong about why price was going down.
Lesson learnt !
I'll take your advice once we go up ,which hopefully we will.
Gla

Span
You left Aim with profits of 20k
put that to shame ,I know u still believe deep down.
Gls