Qs. In an rns on 16th March, Joe said he expected completion in the June quarter. So up to 3 months. Hard to know what to believe at the moment. Only really use this site for the chat, trades and rns's. Not that the trades are reliable. Atb.
It would be great to know Targ. Then you would know you could go out with impunity. We really need a system where you have something, a letter or card, that you could show to demonstrate that it's OK for you to be out out. Atb.
Haven't had a bet since the Gold Cup exactly two weeks ago Chesh. Not really interested in Australian racing or the Belarusian Premier league. Lol. Probably good for my bank balance. Might be balanced out by expenditure on malt whisky. Will be going out next week for a shop in the first hour on Monday at Sainsburys set aside for over 70's. Turns out being over 70 isn't enough to get a priority on line slot. You need to have certain conditions as well, which makes perfect sense. I'll take my chances with the rest of the "one foot in the grave club". Lol. All the best (you couldn't make it up)
Aaron. I feel genuinely bemused by your confidence. Just don't see how that is possible unless you really "know something". To me it seems far more likely that we will lose everything than ever see 0.25 again. Atb.
Love to think you are right about that being a way out Yuri. Unfortunately there is no way it would be enough. There is a million or two in start up fees before you even think about drilling. I now feel we will be lucky if they survive the year.
Thank you Yuri. We are OK really. Plenty worse off. Last went shopping last Friday. Will try again Monday. Guess stocks might have improved by then. Did drive to do a nice walk yesterday. Probably against the rules but in my opinion a lit safer for me and others than walking near my home. Saw very few people and gave those a wide berth. Atb.
We have now reached the point where even if they raised and doubled the number of share it still would only be enough just to keep things ticking over for a few months. The only slight hope would be if against all expectations, a really good deal came through quickly. Given what Joe has done, very unlikely. Atb.
Hi Yuri. All of this must make you feel particularly sad. I remember when you had a phone chat with Joe. You said what a decent honest bloke he seemed. It's hard to believe he's not well off enough to not take a salary at all. Wasted an hour this morning trying to register to get priority delivery slots via Gov. UK. Turns out just being over 70 isn't enough. You have to have certain medical conditions, which is fair enough. I will take my chances in the first hour set aside for the old gits brigade. Atb.
Qs. Unfortunately, at the cuttent share price there is no way a raising could give them anywhere near enough to develop Cooper. Joe has cut his hours drastically, wonder what other savings have been made? I suppose if costs could be reduced to virtually zero (probably impossible) and mothball everything there is a chance Oilex might come out the other side. If I was a betting man, which I am, probably 50 to 1 now. Of course there are far more important things going on at the moment. At least the last twitches of Oilex are a distraction. Atb.
"Still, the board are still taking a full wage packet while this all goes on which is the important thing right?" Funny you should say that Yuri. Rns out in Oz. Joe has reduced his hours to 2.5 per day to save costs. Looks like game over? It was always going to be very difficult Oilex to pull this off. Looks next to impossible now. Atb.