Member Info for gordon1237

Rns out. Nothing new. Surprise surprise.

Probably out tomorrow. Atb.

Yes Yuri, have thought for some time that is a possibility. They might use the funds, if sufficient to develop the Irish Sea asset for which they have formed a separate company. However, as I said earlier, not sure how that squares with the terms of the loans which restricts what they can do. Atb.

Only 900% to go Yuri! Easy peasy! Lol.

It would be nice to know what the terms of these loans mean for the future of Oilex. They say that Oilex can not spend more than A$1m or dispose of assets to the same value until we'll into next year. You'd think that would severely restrict any future activity. Unless of course that changes if/when a deal is ever done.

Conger. You were right about the loan date changing to 2020.it was a misprint.

I used to be really keen on tractors but then I gave it up. Now I'm an extractor fan.

0.1 would be a start. Lol.

Yes Conger, I think we can be sure Oilex know a lot more than they are able to tell us.

MI. When these loans were taken out or extended they were at a discount to the then sp. It's only the recent collapse in sp that has made them appear to be at a premium.

Hardly giveaway at 38 and 62 % above today's price.

Yuri. Remember the days not so long ago, when I used to bang on about dilution and you used to say it didn't matter? Lol.
We are due a quarterly report by the end of the month which will no doubt show they are short of cash. Again. Probably need another loan before long with inevitably more dilution, even if it is delayed via options as before. Atb.

More incompetence than fraud I would say Yuri both by this bod and the previous one. OK they have now been overtaken by events but even before that it was looking grim. Atb.

Couldn't agree more. In the unlikely event that Oilex ever start producing again it will be so far down the line that the oil or gas price now is totally irrelevant. Atb.

Thing is would Joe be "cooking with gas"? Think not. Lol.

Lol. Well there's naff all going on with this crock of s*** share to talk about. Atb.

Thanks for the cookery lesson Qs. They do sound quite tasty. You've almost converted me. Lol. Obviously called hassle back because of the hassle making them. Only joking, not a hassle if you're into cooking.
My sister, who I live with does the cooking, but we don't make anything from scratch. Atb.

Never thought of having runners cold. Can't remember ever having bought any having grown them for about 50 years. Last year had about 40 pounds. Couldn't keep up with eating, freezing and giving away to neighbours.
Never heard of hassle back potatoes. Do quote like dauphinoise which you sometimes get in pubs. There's a pub on the south downs the Jack and Jill, on the route of one of my favourite walks that does the most fantastic roast lamb or beef, every day of the week, that comes with 6 or 7 different veg. Oh how I long for a pint and a pub meal! Just settled for a bottle of beer and a fish takeaway. Atb.

survived!

Qs. Yes I am sure if your cousin is young the odds are vastly in his favour. Even a 106 year old has survived? Awful as the death toll is, we should remember that at present it represents 1 in 4000 of the population.
My first crop to go in will be runner beans in a couple of weeks. Absolutely love 'em.
Spuds are probably my least favourite veg. Always seem bland to me. Mind you people who grow their own always tell me theirs are different. Atb.