Member Info for gordon1237

Well done Conger. Great timing. Definitely peaked for the day. Be very surprised if we don't see you back. Atb.

Thanks for your good wishes Steven. Good and bad days, but yes recovering well. Atb.

Wolf. Oilex almost always peaks within a couple of hours of good news. Let's see at close.

tsbs. What's negative about saying the refrac is crunch time. Probably peaked for the day now. Great rise. Gla.

Nope Wolf. It is good news. A bit p****d off with myself, nearly bought some more this morning at 0.21. The real crunch comes late this year with the refrac results. Atb.

Blimey. Much ado about nothing. Gla.

Seems like pathetic nit picking by the gpcb.

Ditto.

I prefer Flesh Gordon myself. Lol.

Hard times at the mill.
https://youtu.be/cEuj1geBo6I

Yes, with the increase in prices, the flow rates should hopefully make the company cash positive, at least initially, until the rates decline. That all becomes irrelevant if the refrac is successful.

Toptuf. Yes, I gave my reasons for regarding all this stuff as nonsense, in my post of 10.22 this morning. Of course, if the buying pressure was vastly greater than the selling pressure, it would be impossible to hold the price down, as we have seen on a number of previous spikes,and hopefully will again.

Hi Oilman. No disrespect, but I find it baffling that anyone believes this stuff. Brokers paying people to hold down the price? Why would they? They make money whatever the price. Not much different to bookmakers who make a profit whatever wins the race. Maybe I'm naive but this whole concept relies on large numbers of people basing their investment decisions on what they read on these boards. Yet, when challenged those who believe this stuff, always say that of course they would never be that foolish. Also taking this board as an example, there are always far more positive views than negative, so if it really worked then the overall effect would surely be positive?
It also depends on what you call negative. As I have said repeatedly, I am pretty hopeful of making some cash from Oilex this year. That doesn't mean I shouldn't feel free to comment when there are frustrating delays etc.
Over the last 7 years I have been accused of negativity , deramping etc etc many times by many different posters who have been here for a while and then disappeared. For about 99% of the time I was right to be negative. There have only been 2 years out of the last 10 when the sp has finished the year higher than at the start.
As I have said before, up until a year ago, I had given up all hope of ever getting my money back. People kept saying why don't you sell up, but since I was 80% down there was no point. Then Oilex and I, got lucky and I was able to get out with a modest profit at 0.407. Never thought I'd get back in, but when the sp halved, couldn't resist another punt. The reason being that, as you say, it looks like it could all finally come good this time. Ultimately, of course everything depends on the success of the refrac. Nothing is certain, but it should be fun finding out.
I think, ultimately it is my scientific background that compels me to take into account all factors, whether plus of minus. If I had written a report that left out unfavorable factors, I would have been shot down in flames. Atb. Gla.

Blimey Jr! Which decade are you expecting that in? Good luck anyway and Gla.

I presume you mean 0.5p?, Atb.

0.8p

Hi MI. There are now 3 times as many shares as to when that forecast was made. So that equates to 0 8p now. That would still be fantastic though. Atb.

Thanks Oilman. I was lucky, in that it was the left hip I had done and I drive an automatic, so nothing to do with the operated leg. Could have done without sitting /waiting around all day though. Atb.

that's 9 hours of my life I won't get back. Spent it taking a close family member to the local A & E. Just what I needed when not feeling great myself.
Anyway, nice to see this rise. Long may it continue. Gla.

The main problem with the fracking of C77h was closing up of the fracks, which lost communication with the main bore, causing dwindling flow rates. They hope to address this using suitable stimulation fluids and proppants, which hold the fracks open. This was in the Baker Hughes report in this rns from August 2017.
https://www.lse.co.uk/rns/OEX/core-analysis-and-review-confirms-cambay-potential-0sg5kkj8eqrh43q.html