Member Info for Callum28

Natural Gas India it is then
https://www.bbc.co.uk/news/business-52350082
Thumbs up if agree with name change
GLA

When I said single digit I never imagined a negative figure
Crazy world
Oilex should rename as Gas ex
GLA

crude price are going down to single digit on us WTI
https://www.cnbc.com/2020/04/20/coronavirus-us-oil-prices-collapse-as-storage-runs-out.html
i think we will face a changed world at the end of this

https://www.google.com/url?sa=t&source=web&rct=j&url=https://amp.cnn.com/cnn/2020/04/15/politics/us-intelligence-virus-started-chinese-lab/index.html&ved=2ahUKEwjWhqPvxe_oAhUHZMAKHfvZBycQ0PADMAB6BAgKEAY&usg=AOvVaw0rlzb56bSQ9YwqGMEeabBU&cf=1

http://www.globenewswire.com/news-release/2020/04/15/2016239/0/en/City-Gas-Distribution-CGD-market-in-India-is-forecast-to-witness-a-CAGR-of-10-to-grow-from-an-estimated-9-223-MMSCM-Million-Metric-Standard-Cubic-Meter-in-2020-to-25-570-MMSCM-by-2.html

I wouldn't get to excited gordon
https://www.google.com/amp/s/seekingalpha.com/amp/news/3558440-oil-set-to-plunge-monday-key-opec-meeting-delayed-amid-rising-tensions

Get a bit more pressing things to worry about!
Lilee staying alive
https://www.theguardian.com/world/2020/mar/23/boris-johnson-orders-uk-lockdown-to-be-enforced-by-police

https://youtu.be/d1gYJDQXPOk

Blood on streets and all that

Demand is there if they can get it out of ground

https://www.financialexpress.com/industry/gujarat-gas-eyes-doubling-current-natural-gas-volume-to-cope-up-with-demand/1875555/

its all about managing risk Gordon
get your initail lump sum back and 50 or 60 k
it makes good bussiness sense

i think that it.
Give it some time and it will work through

most of thos e option prices are at .14 nice profit for some 20% on $330000
anyway im just guessing
in the end it will go up but as the old saying is "never in a staright line "

and given that most people have aravaged down or bought in now at .15 to.25 it will hopefully churn and break out

theres all sort of crappyoption share issues in the last 9 months that are holding this down
saying that once they clear it should break out
Afraid im not clever enough to know at what price or date the overhangs will clear

i did say there a huge overhang on here they will flip out the options that were coverted in December
Oilex Ltd (Oilex or the Company) advises that it has issued 124,060,150 shares at A$0.00266 (total A$330,000) pursuant to the exercise and underwriting of options as announced on 31 December 2019.



The Company has issued 60,150,375 shares under Listing Rule 7.2 Exception 9 pursuant to the conversion of the options expiring 31 December 2019. A further 63,909,775 shares were issued under Listing Rule 7.2 Exception 10 pursuant to the underwriting of the conversion of the options expiring 31 December 2019. The applicable Appendix 3B for the issue of the shares is attached.

i posted the ONGC post cause it was factual , same with my last post.|Ive been here a long long time time just not posting much
I suspect some of the posters on this board work for those who received share at the .0015 option price and just as the share price dips down bellow that level bang an RNS is posted to push it up so they can keep selling in.
Just saying it an ok RNS , the one that matters is how much money or % of cambay we get
Gordon knows ive been here for ages
and I definitely want this share to go up but there a serious overhang on this share as it would be silly not to acknowledge it.
hopefully it works through

Oilex understands that a preferred bidder has been identified by GSPC, which will be invited by GSPC to finalize negotiations before seeking applicable regulatory approvals in India

"seeking applicable regulatory approvals in India" another 3 months then!!!!

https://www.google.com/amp/s/m.economictimes.com/industry/energy/oil-gas/ongc-ends-shale-exploration/amp_articleshow/72233370.cms

So we need a market cap of 31 million for .01 share price or 62 million for .02 share price.
OK interesting ,I'll retreat back into the background as usual Txs Gordon