Member Info for greendave66

Come on do a good job here and you could be set for life....either grow ADL and be rich or get poached in the future. I don’t care either way so long as you deliver shareholder value as promised ....pgce has a ceo creaming money and not delivering. We have a ceo who has delivered 2 projects in quick succession with more to come....

Not for the first or last time,, more news to come he said so lets bring it on

I would research all CEOs and AIM companies and record how long these so called deals have been going on for. People work hard for the money to invest here I wish the CEOs would work as hard or least be on the same money as us Im going to crowdfund an AIM start up and collect £100k a yr and talk waffle year after year

like most AIM shares these days....loads of talk and collecting salaries and not much action...PCGE you are now removed from mywatchlist....see you in 2019

This article in 2010 said production to start next year and 8 years on still not happening. Surely the wait is over now and let the black gold flow....or maybe not! https://economictimes.indiatimes.com/industry/energy/oil-gas/oilex-to-start-gas-production-from-cambay-field-next-year/articleshow/6923865.cms

7 years on and its still there. Yes thats a fortune in the ground and worth a fortune to oilex and partners but only if they can get it out of the ground. There may be a bight future ahead from this company but only once this issue is sorted out. 7 could turn to 8 to 9 - who knows but if the Indians want a fortune in tax then they should get a move on. These poor companies and shareholders have to wait years but the prize is obviously worth it in the end if they get there!!!

Here they come.....#COPL next week would be a great time to give us some news or watch us collapse under the weight of these shares

Correct! In terms of the 4th of Sept anything could happen but hopefully a result either way....

The resolution of the GSPC situation is more than likely to be achieved by bringing in a large financially-stable new joint venture partner probably assuming most of GSPC’s stake, with GSPC ending up with a small interest. To this end, Oilex has opened a data room and has been soliciting interest from larger international E&P companies in an attempt to ensure that the deal is secured for a preferred partner.

Find by the way.....with the Indians supposed to be a more developed country with a decent legal system you would have thought this was would get resolved via the courts sometime soon

How is a bankrupt business going to pay 3m dollars? I notice the word corruption in what has happened to the business. It is being kept alive for political reasons but a contract is a contract unless they go bust. It looks to me like it’s the license or a further delay while it’s kept alive on live support. Which will it be? Time will tell....

If they have spent $111m then our share is not going to be hundreds of thousands it should be in the millions. Hence yesterday’s post it could be more than our mcap!!! Pod cast would be good to give us a clue

I agree with that stump up a few mil in a timely fashion or hand back the license with immediate effect....what we don’t want is a delay in proceedings - come back at xmas etc

You got equity dilution....I was in this 2 months ago but sold at a loss after a few weeks....it has fell further since then....oh well

I would have thought in India. Africa etc the chance of getting the full $3 m in one go is remote. The court may order but no guarantee they will pay? They are supposed to pay now contractually but are not paying.....difficult for one for sure...time will tell....

We need more projects in the pipeline if they remain small and progress on existing ones if this SP is going to rise a lot. In the scheme of oil discoveries it’s not massive is it but we will probably pump oil before UKOG and more of it and they have a 100m mcap.....if the oil was not located miles away and down south instead where we could take pretty pictures of non descriptive tankers leaving we could pump ADL to 20m without trying....just a thought as we cry into our pillows about the rise that never was.....

It just adds to the gazillions of shares entering the market from the placing....below placing price in a month if no news to start churning through them .....cry cry ......opinion - HELP

And this will do a TOOP. Don’t get 100% and you still have a £4m mcap of not much due to legal wrangles and time delays...

What’s 275 percent between friends? Cry, cry ....about we had a recent riser on AIM summer had been rubbish...well done to those that profited today. A great end to a crap summer

This is just the start. CEO said he wants to produce cash flow short term so it looks like he is going for a hatrick if deals. He has only been in a post a short while and 2 deals done. I’m impressed and soon everyone else will be as well!