Member Info for Conger2

I understand arbitration is going to take 6-9mths from the start of May 2019.

GSPC is as ever dragging their heels over everything they can.

that is great Yuri1, but what are they actually doing!! lol

I am shocked the arbitrators have not laid out a time table for both sides to stick too, that is normally one of the first things they do as well.

We know the potential here is massive, if only they can break free and get things moving the share price will rocket!

I wish i know where they are in arbitration if only the time table would be good.

For those brave enough to buy now, it could be best share you ever get or not ... lol

https://energy.economictimes.indiatimes.com/news/oil-and-gas/gspc-and-oilex-jv-to-drill-new-wells-in-cambay-block-at-a-cost-of-rs-965-crore/69203833

Nothing like a bit of ambition!

Really hoping for some good news soon, loosing faith tbh.

Bloody India, with its mad bureaucracy!

How is India ever going to get respect on the intentional markets and investment if they let crap like this happen!

Guys, the Red/Blue sales / buys is inaccurate all the time!

You have to say this is at least a good sign news is coming.

just added another 3m

One shows as sell, but i thought I add a few million at these prices!

I just hope we are right about this as I am sitting on a lot of shares at the moment! :P

Got to be time to top up?

Ron Miller was an Engineer and out of his depth.

The issue with engineers if they try and fix problems, never-mind it is commercial sensible to do it or not, they trundle on i have it all the time time, as I develop my products, my engineers want to spend loads fixing things that just do not matter.

Engineers can make very good or very bad CEO's Ron was not the best IMHO.

So I just was wondering what holding people have are are willing to admit too.

To kick it off

I am sitting on about 10m shares with a price average in the very low 30s.

I hoping for big jump to to 1.3 to 1.4 in Jan, but GSPC is just so slow to agree anything bit like my soon to be Ex wife!, so it could take longer. I think I longer term holder again now, I gaining faith in Joe and his team although their is a lot of investment dilution going on all the time to keep things rolling.

If I have one thing to say to them is Stop issuing shares at the bottom like this and drill FFS!

Bud your wrong, this share is worth considerably more in asset value than the current valuation gives it credit for.

Cambay has been previously been valued at £200M+ USD and OILEX has 45% of it with a 10 year drilling rights. Plus it is owed around $4mUSD from GSPC which has been lodged with the court.

They have GSPC over barrel, this will shake out now and they have the money for the program and a supportive main shareholder.

So I would put this share as a comfortable 2p on assets alone.

again

It worth much more than 1p

I have 4p as realistic.

Okay 2.3b shares at 0.004p = £9.5m.

45% of Cambay worth £90m 6 years ago, that have access to around £6m cash and a 55% partner to share in costs under a court over to pay up.

This is the bargain of the century I would put them at at least a 10 bagger from here.

Bought another 4m shares.

The new Senior Management team have done an utterly amazing job to get GSPC this far, it is massive step forward. BM and the rest did nothing.

Oilex a minnow sized company, with limited resources, has forced GSPC to step up.

It not all sorted yet, but I tell you what they have GSPC over barrel now.

Good job.

Will i ever learn! lol