Member Info for Elegance

When are RIM due to tail off too slicing?

Jimmy riddle what was that lesson I had to learn?.... Told you - down. Now I’m not going to gloat or take the Mickey... I re-affirm my position. No RNS, fake rise imo, however if there is an RNS, I may just buy some, depending on of course what’s in that RNS.

5k at 8:24am. Written as a sell, in fact many written as sells are definitely buys... how do I know? I’m happy to say the 8:24:20am trade is mine, that’s how I know. They want your shares! Mms manipulating the share price! That AIM for you. Stick with it, they can’t keep it this low.

Stew, I am simply saying, stay invested if you like but in my opinion without an RNS to substantiate the recent rise this has gone up on no buying at all and that’s a fact. Those saying “no leaks” ... that’s as simple as saying no news!

New to trading??? No, but it would appear you are, I have L2 and don’t need any lessons from you..

What big buying???? Genuinely please show me these huge trades??? Fact - volume of 270k more buys than sells on Friday pushing this up 7 million in market cap...

Your joking aren’t you? Big buying?? 270k in a day is not big volume and should certainly not add 43% (7 million) to the market capitalisation. No RNS in my opinion means there’s a rise on this ice, it’ll only be MM’s push the price up ready for another drop.

Ajax, exactly what Dart was saying.

Fully agree Blutony, Oilex are sat in a far better position now. Monies received from GSPC, arbitration starting in next 2 weeks, GSPC forced to act as guarantor, any mistakes by GSPC and we will have the remaing amount of the Cambay project thank you very much.

As I said if there is an RNS then fair enough but without an RNS to substantiate the recent huge rise over the the last two days built on no volume at all then it begs the question what’s supporting the rise, I would suggest nothing at all. Careful with your investment.

Chancer are you bi polar? Genuine question as you stated “you have no idea which way the share price will go” and are not slating Oilex but in the previous message you mention that “recent news will only have a negative effect on the share price”, I’m getting all confused here, cmon it’s one or the other but you can’t say both.

11 = 1.1

GSPC has to start arbitration before 1st December GSPC have paid 11 million GSPC have t continue as a guarantor funding work at the Gambay.. Did I mention that works have to continue at the Gambay regardless of how long arbitration takes.. If any of the above fails to materialise then OEX get the lot.

Roz, I’d rather listen to brokers, read RNS’s, interviews and gain my own facts. I believe that Oilex have a way forward to get the gas out in commercial rates, in fact they as near as stated they had good results and a way forward back in 2017 - 1.15sec > https://m.youtube.com/watch?v=ilA2NRri3lI As for you chancer “no one knows if this will be higher or lower” and in the next breath say “one thing for sure, its going to have a negative effect imo on the SP but that is my opinion”... Cmon chancer, let’s leave it that you admitted you are out and will return if this has a positive outcome next week. Less than two week to arbitration, won the court battle, money on its way with guaranteed funding for the Cambay. Well done Oilex.

In step the doom and gloomers pay per post below. Support is at 0.4p keep please.. Let’s see what next week holds. Currently 0.40p and Align gave a forecast of ... was it 1.6p by end of December. Share profits only yesterday thought it might go back up to 0.7p

Yep, also in agreement, “if you have sold out move on” and watch the others that have bought in potentially make a profit in a company that’s just won in a high court judgement.... Or... you could join the party. Let’s see what next week holds. Currently 0.40p and Align gave a forecast of ... was it 1.6p by end of December. Share profits only yesterday thought it might go back up to 0.7p

@ Saxonaxe - Appreciated.

Cambay has to continue whilst arbitration commences so hopefully no delays?

GSPC have nothing to gain with stalling now at arbitration, the court has found in favour of Oilex and GSPC are now acting as guarantor for future funding, if they breach the conditions of payment then OEX get their share in the Cambay. Hopefully GSPC and OEX can find a way forward with this, Arbitration has to start within the next two weeks.

Samsonaxe care to share the link to the times post so I can check if it’s factual or ballast?