Member Info for gordon1237

At the moment I would jump at 0.2, maybe less.

It's increasingly hard to see how Panmure Gordon arrived at 1.5p, unless it's for years down the line, but then of course, we are not allowed to know that.

Agreed Ssccss but doubt he will hold himself hostage like that as he won't know how long to approval.

Sorry, should of course have said " saying 10 million per well".

Something else that occurred to me was that Selan seem to able to drill remarkably cheaply which should boost profits a fair bit. Three wells and three workovers for 20 million ? For some years they have been saying 20 million per well. You'd think if anything it would have gone up.

Could it be because they have there own equipment ? Or maybe because the first ten wells will use the existing 77h platform ?

Let's hope for a good performance from Roland tomorrow which will give a decent sp boost.

Doubt he will say anything one way or another about a raise. I'd like to hear a bit more about the longer term drilling schedule after the first 18 months. You'd hope they would be ramping it up considerably. Maybe " Ambitious " is referring to further down the line.

Personally, I am now leaning towards getting out soon, if I can do so with some sort of profit. Wish I had done so the other day at around 0.18.

Don't get me wrong, as I said the other day, I still believe there are much bigger profits to be made here than are indicated by the terms of the jv deal.

Selan must be expecting to make multiples of what they have paid for 50% otherwise they wouldn't bother. The question is, how long will it take? Probably too long for me but the best of luck to those who are willing or able to hang around long enough.

Anyway let's see what Roland has to say tomorrow. Gla.

Hi VF. Don't have a problem with any of those groups or anybody protesting about anything within reason. The question then arises, what is reasonable ?

Can't see why anyone would have a problem with assuming Vixen means female.

Hedge. Yes there plenty of funny people about still. Never heard of Mick Miller before. Hilarious.

Hedge. A Vixen is a female fox. Not an unreasonable assumption. Lol.

I was assuming with a name like that, it was a female.

This is Joe's interview shortly after gspc agreed to sell their share to Oilex im April 2021. Really upbeat, it gave a big boost to the SP. This is the sort of performance we need from Roland.

https://www.share-talk.com/joe-salomon-managing-director-of-oilex-ltd-oex-asx-l-interview/#gs.xhtsfr

Paul. I am 75. Why do you ask?

So, did it rocket ?

Paul. I really, really hope you're right but I've heard similar so many times over the years, including when the sp was 10 times what it is now.

You'd hope so Bob. Personally, I'm a bit baffled as to how 3 wells (plus 3 workovers ) in 18 months, constitutes an ambitious drilling program.

Perhaps someone could give Roland lessons in how to look enthusiastic ?

Hard to disagree too much Steven. This time, I had really convinced myself that this was it. Looks like the wait goes on.

FFS. Down again. Anyone else wish they had got out at circa 0.18 ?

Sausage. I would think C77h must be one of the welld scheduled for a workover. You'd assume they will be reinstating the plug to isolate thr old zones. In the absence of an rns in the meantime I doubt he will mention raising , one way or the other.

Up 12 %

Yet again this hopeless site isn't showing the rns.