Member Info for Gareth3672

Jasper I agree that this RNS has a lot of past hence, much of whats contained in this RNS is detailed in the RNS 1st of April, I therefor conclude that it is likely only to be another month or two before we have GOI rubber stamped approval.

When are we expecting the GOI to sign off the deal that’s already been done?

Id be happy with 25% rise today tomorrow and each day next week :)

as .3p has just been paid, expecting .5p either today or tomorrow.

I wonder if Institutional Investors can now buy in or would they need to wait until government ratification? Exchange is exchange - its binding is it not?

These golden tikcets now, that's the worry out of the way, holders should have extreme confidence now, should be easy to churn the 830K worth of share now leading up to ratification and JV RNS.

Must say.. Well done to the directors of OEX especially Joe Saloman.

Finally.. Fantastic RNS, note that it was GSPC that was initally against this not the goverment, now that binding sales are agreed and completed by GSPC, the governments ratification is simply the signing off which I doubt will take that long.

Well done to OEX and all share holders!

Next ... JV Cmo'n OEX can surely reveal whos been waiting in the wings now?

Presume that sharetalk will certainly want an interview now.

So only another 830K to go before end of June then.

Bring on the signature and JV.

Mwilt "Bad news out the way, need some good news now" < How many of us said that in January - no machine, then February - no machine, then march no masks, then April rid of directors, then May still no up date on sales or strategy, now June...

Syn00GOLD, I agree we will atleast have a baseline at 0.5p but surely opportunity must have some value here? Id be shocked if 0.7 fell? can only sell in small bites at 0.9p

Struggling to sell.. But I believe this will continue down.

I said this week that dentistry are not interested in these masks as they need to swap them for each patient and its not cost effective, I was then told that "receptionists, proters and nurses will still need to wear them", great... I am pinning my money on the porter in some local dentistry using up these masks.

Sorry to all holders, I was one of those really pushing this but look where we are... tell me anything concrete that RMS have to offer?

Its all long term :
CEO = we are waiting to find the right one let alone a strategy.
Masks = should have something to report over next six months.
Gyrometric = we are looking to sell.. How long will that take?
Name change = great idea but short term no gain.
Two new products = looking for JV with a partner.

What do we have here lets say over the next month to make me hold whilst this share drops? Nothing... Cant even say "I am out" cause im struggling to sell.

Lastly, I would like to thank all the Company's shareholders for their support over the last few months. I know that many shareholders feel communication can be improved and we continue to work in that direction. However, we also need to ensure that we are only announcing concrete news. After the groundwork that has been carried out during the year to date, I am confident that the second half of the year will see the announcement of several positive developments at nanosynth group plc.

"I know that many shareholders feel communication can be improved and we continue to work in that direction"
How many masks sold? There are facts there, they must have sold some, but the fact of the matter is it is shocking as its likley a few thousand.

"However, we also need to ensure that we are only announcing concrete news."
Dont want to make the same mistake Gareth did...

"After the groundwork that has been carried out during the year to date, I am confident that the second half of the year will see the announcement of several positive developments at nanosynth group plc."
We have nothing further to report over the enxt few months but give us 6 months and we might have something.

Annoyed... you bet I am... We litterally have nothing whatsoever to report on any sales here.

Wolf - My guess is a bed and isa being moved.

Sorry if I was late with my comment yesterday regards masks, I certainly was not trying to drag up old info, I just havent paid enough attention to the questions. Appreciate that there will be others that could use this in the NHS, perhaps Gareth or the baord will update soon on quantities sold? Just concious we are now in June with still no news.

As the RMS masks cost more than stanadard surgical masks, it is more cost effective for doctors, nurses and dental surgeons to use standard surgical masks, I have been told this based on any member of staff that has to change their mask frequesntly due to splatter, for example, a dental surgeon needs to replace their mask for each patient, how is this then cost effective to use an RMS mask? Thoughts? Do we have a reduced market? I am just very concious of no sales being reported?

We could also take the potential Mcap back then of 24.5 million (taking off the 2.4million funding now) and divide it by 4052363607 shares (taking off the above funding shares) which gives us 0.60p either way we are looking at double if not tripple the current share price?

Hi Gordan , you are quite right regarding the number of shares 2,355,586,980 back in November 2018 and now there are just over 5,060,766,968, but we must not take this as literally double the amount of shares for the same outcome dividing the 0.65 between the increased share amount, lets not forget why 1,008,403,361 of those shares were issued recently, for 2.4 million pounds sterling giving us the funding we needed. At the end of the day it was a whisper IMO, people were buying in back then on the "chance" of OEX recieving the whole of the Cambay, it certainly was not fact, which now upon signature it certainly will be.

Conservatively, I would suggest back then that it might have easily been a penny with a signature on the line, if we times the shares back then by 1p then we have around 24 million as an MCap.

If we take the MCap of 24 million back then and divide it by the shares we have now then we have 0.47p

The question is though... should we not add the 2.4 million funding now recieved (seeing as we have added the shares) to the then potential 1p MC giving us an MC of 26.4 million divided by 5,060,766,968, giving up a share price of 0.52p?

Or perhaps we need to add those shares at the purchase price for which they were at 0.238p .. still I thiink 0.5p is an easy target , with 1 pin easy reach of increased flows.

Just my thoughts.

1p party at the end of the year? I dont think you will be waiting that long. I remember OEX dancing around 0.65p on the wisper it had the Cambay back in November 2018, the likelihood of it punching through that again with the actual signing off is very high IMO let along if they can improve on flow rates.

If they are able to stick to the timeline of events planned then this could be HUGE.

"With its 100% interest in Cambay, Oilex can restart a work programme, by drilling two vertical wells to test the Eocene gas accumulation, which Salomon has described as having ‘significant potential’. Drilling is expected to complete in the second quarter of this year, once the binding sales and purchase agreement, and funding arrangements, are completed. The results of the pilot programme are expected to provide the data needed to determine whether horizontal wells can provide an estimated 3x to 5x increase on well productivity, thereby offering the highest commercial returns for the project. If the tests are successful, another field development plan would follow, involving the batch drilling of many more wells.".

The second quarter...... :)

You think Republic investment Management increased their holding from 9.5% to 11.5% this month for nothing? News inbound very soon.... IMO.