Member Info for Gareth3672

Widglide I think you should read the recent RNS's ...

"Oilex confirmed in its report that its objective is to maximise shareholder value from its principal asset in the Cambay Basin, located onshore Gujarat State in India, whilst also continuing to review other opportunities to create value and diversify risk by adding new assets to the company’s project portfolio.

The company’s plans at Cambay are well advanced and include the drilling of up to two vertical wells, subject to, among other things, securing the necessary funding."

Well that's funding sorted so now its just the sign off. More than happy to wait.. this aint no marathon, news soon IMO.

Couldnt buy earlier, but now able to buy smaller chunks.

Time 12:23 Shares purchased total 411914 @ 2418p

And at the time the share price show 24 to sell & 25 to buy... I appreciate those that dont believe in MM manipulation but when ever "buy" signals a cheaper buy price which is then shown as a sell then somethings not quite right is it.

Oh well happy to buy some more at this price and will buy more on the drop before news.

Gordon I understand your point but the additional 600 million shares are for a reason, ie to fund the purchase of the rest of the Cambay and so as and when those shares hit the market it should be noted that we are therefor close to the purchase which should have an equal effect on the Mcap, or am I missing something?

And it wouldn't suprise me if a few other trades today were buys as well.

Waynesmith, agree, terrible for those that bought in at 6p, was anything ever brought to light on the "NHS contract" that GC spoke about back in November?

Thats great going up 50% in last two days with no actual news, I presume the baord will have to say something soon with such rises?

Jijo, Volz are now producing for P2F with a distributor enabling us to sell in the carehomes etc, what do you expect, Gareth Cave to jump on the machine to take a shift for 30 mins during his lunch break? Let the scientists do what they do best, let Graeme do what he does best. RNS state’s they expect to advise on contracts soon.

Mucho if you have sold up and bought elsewhere it’s hardly surprising that your down rating RMS and pumping other shares.

Jesus wept... the trolls are out in force this morning.

Franky, what on earth are you talking about? “ The whole point of that last rns was i believe, to start back sliding and letting investors down very gently on the mask whilst pointing to other potentiial opportunities•”

The whole point of the last RNS was to let investors know they have a supply chain in place, a contract with Volz to manufacture, a distribution path set up in to hospitals, opticians, carehomes, dental surgery’s and schools and shortly hope to announce contracts.

Personally I’m happy that they are working on other contracts/inventions at the same time, if they weren’t then the trolls would be saying the board are lazy and having all their eggs in one basket.

Roll on the contracts, all you shorters will be caught with your pants down. Price is very very low at the moment, won’t take much to double this price.

Goldsmith99 your statements are incorrect regarding the 17th of May. Face masks WILL be required for the foreseeable future.
http://www.bbc.com/news/uk-56475807.amp

For those that cannot open the RNS, copy the link in the RNS and paste it directly in to you web browser and it should take you to the document.

Great news if a major shareholders increased their holding, they must be super confident.

Today’s news... “ Seychelles, which has fully vaccinated more of its population against Covid-19 than any other country, has closed schools and canceled sporting activities for two weeks as infections surge”...

Masks are and will be needed, just cause your vaccinated doesn’t mean you won’t catch Covid, we will enter another lockdown.

Read more at: https://www.bloombergquint.com/politics/world-s-most-vaccinated-nation-reintroduces-curbs-as-cases-surge
Copyright © BloombergQuint

Difficult to place a buy order, market best unable to fill order.

Amor15, so having certified the mask for medical use, securing a contract with Volz to supply, finding a route for the certified mask in to Hosptals, dental surgery’s etc and being able to announce some potentially large contacts shortly is nothing then?

I will certainly be buying more on the dip.

Even those countries that are fully vaccinated are still having to go in to lock down.

LP that must make me a moron then as I think this is a great RNS.

Bullet points:
Contract with Volz to manufacture large quantities of masks outweighs any minor software issues with the mask machine which will be resolved in the coming weeks.

We now have a certified mask with a route direct to market!
The Company is pleased to announce that it has entered into a distribution agreement with Numed Holdings Limited (www.numed.co.uk), who will supply the P2F mask into GP, dental and veterinary surgeries, opticians and care homes across the UK and Ireland.

With the mask certified, manufacturing sorted, supply chain with a route to the market P2F is currently in discussions with several potential large customers both in the UK and overseas and hopes to be able to announce some significant orders in the near future.

The above then states we have several potential large orders both in the UK and abroad.

Only a moron would say that RMS have done F all..

https://www.bloombergquint.com/politics/world-s-most-vaccinated-nation-reintroduces-curbs-as-cases-surge

https://apple.news/A3DDnmHcTRKCnnJlwMLVmKQ

Obone: previous RNS states "Further to Oilex Ltd's (Oilex or the Company) announcement on 21 April 2021 in respect of its arranged equity capital raising of £2.4 million (A$4.3 million), the Company is pleased to announce it has issued 84,375,000 new ordinary shares comprising a partial completion of the 405,000,000 Tranche 1 ordinary shares. The remaining balance of 320,625,000 Tranche 1 ordinary shares is anticipated to be issued in early May 2021"

Please understand that there are no additional shares, only the second part of the first tranche.

Things are clearly moving faster than expected as we are still in april and this news was not expected until early May.

All ducks lining up neatly, cant be long now till RNS agreement.