Member Info for gordon1237

Yes Jasper. You'd think the GOI approval and finalisation of the sale would come in quick succession, maybe even I the same rns. You would also think the jv will be ready to go and that rns would be not long after. Atb.

Hi TWB. Quarter 2 runs from 1st April to 30th June. Atb.

Pathetic.

Can't give an example then? I rest my case. Lol. Lol. Lol.

Why do you insist on constantly telling lies? Name one instance in the last few weeks of this alleged deramping.
You obviously know naff all about Oilex with your ridiculous reference to our new BOD. Let me enlighten you. Joe has been our md since 2016.
By the way, I have frequently wished well those that are still in. I'll say it again. Whether or not, I get back in, I really hope the sp goes through the roof, especially for the likes of Steven, who really needs it. If you construe that as deramping, I feel sorry for you.
Good luck to (nearly) all who are invested on Oilex.

Yes Callum. I have been very critical of Oilex management in the past. In particular the obsessive pursuit of the cash calls above all else. However one thing I do give massive credit to Joe for, is the cutting to the bone, as you put it, during the pandemic. In 2019, the monthly cash burn was about 300k usd. They got this down to about a third of this and but for that, I doubt they would have survived. Atb.

Nice one Espen. Sure you can manage a drop when the wee one is tucked up in bed. Atb.

Partial to a drop of malt myself, Espen. Having a drop of Tullibardine tonight. Other favourites are Laphroaig, Dalwhinnie and the Singleton. Atb.

Hi Conger. I am sure you know that Oilex's Cambay field is one of many in the Cambay Basin, some of which ongc are involved with. Seems to me more likely that this is to do with one of those.
Also you'd think if any tendering was to be done it would be by Oilex, as the operator. Not being negative, just seems not to add up. Anyway, ad always we wait. Atb.

Got it to work now, works on my tablet but not my phone. Gives little detail. How can this be relevant to Oilex, when neither the sale or government approval is finalised? Probably, to do with the other fields in the Cambay Basin that ongc is involved in. Atb.

Put Cambay in tender search. Comes up with a reference which then disappears and 0 results found.

Where does it mention Cambay? Can't see it. Atb.

Wrong board post.

No Rolling, I haven't taken the plunge yet. If I do, I see no reason to be coy about it.
My opinion hasn't really changed. It's possible but not certain (what is) that if everthing goes right that Oilex could do well from here. So much depends on the structure of the jv and how much Oilex get for say 45%. Then there is the real biggy, the drilling results, maybe late this year.
I certainly believe talk of billions to be absurd. Not sure if people really believe that or it's just hype. Anyway, all part of the game, I guess.
So, I am still vacillating. If I leave it too late, so be it, but I still wish all other investors good fortune.
Atb. Gla.

Jasper. Oilex have been listed on lse since 2006 and earlier on asx. In 2007 on lse they reached 70p. Yes, not 0.7p or 7p but 70p. Only a 250 bag to get back there. Lol. Atb.

Nearly 10%. What's occurring?

Oilex have just over 1% of Armour, so they may get a little bit of cash if they don't sell them first.

Yes Mitch, I am OK. Amazed to have got out of Oilex with a profit after so long being resigned to losing it all. May get back in for a smaller stake.
Had a few pub meals outside and will be having one inside in 11 days. Who's counting? Lol. Atb.

Hi Mitch. Been a while. How you doing? Atb.

Fair point. Atb.